Recent drilling at Iceberg 2 has intersected further shallow broad mineralisation that could help merge the M4 and M4 North open pits, improving mining economics. This supports Blackham’s goal of increasing free-milling gold resources at the Matilda Gold Project.
Matt Barrie's Freelancer has accelerated growth in a record half year that saw the number of users increase to 16 million.
Drilling has confirmed a new sulphide zone discovery and continuation of the Maibele North nickel mineralisation. So far 6 out of 7 stepout holes have intersected sulphide.
The placement will further expand growth of the company’s consumer health business in Australia and internationally. Highlighting its sales momentum, half of the company’s forecast FY2015 revenue of $2 million was generated during the last quarter.
After the bell Facebook revealed stronger-than-expected second-quarter profits on surging mobile user growth. The Dow ended the session 121 points higher.
Australian equities are expected to open higher, with the ASX SPI 200 up 33 points to 5606.
The exploration program, which includes about 40 diamond holes, is targeted at establishing a maiden JORC 2012 compliant coal resource. This could be followed by a Scoping Study and subsequently a development decision next year.
Keysbrook is on track to commence commissioning in November 2015 with first sales planned for early Q1 2016. Under the leadership of managing director, Trevor Matthews, construction of the project remains on schedule and on budget, with 74% now complete.
The new porphyry copper target under the desert sands in southern Peru will be the subject of further activity over the coming months. Latin and First Quantum are on the way to unlock the potential of their strategic concession holding.
KGL's extensive 20,000 plus metre drilling program has delivered a 36% increase in Indicated resources, and a significant increase in tonnage of the Jervois resource. The new resource will form the basis of an optimised PFS expected to be completed in October.
Assays are currently pending from drilling at the Red Bore and Curara Well projects in the prospective Doolgunna region. The company is also planning to start drilling at the Ox-Eyed Herring / Tarpon prospects in the Northern Territory.
The latest assays confirm the presence of significant zones of graphitic mineralisation at the Cascade and Epanko prospects. News flow will continue to be strong over coming weeks, with both drilling and trenching results.
Drilling of key targets at the Native Companion copper-gold project in the famed Mount Isa region is expected to start in the first week of August. This is part of the company’s efforts to explore and transform into a mid-tier copper producer .