Phoenix's exploration has been successful in defining a sizeable near-surface massive sulphide lens at Mount Bonnie with consistently very high grades of zinc, gold and silver.
Anomalous nickel geochemistry was returned from 10 drill holes at the FWNi003 Prospect. Proof of concept drilling at Fairwater has successfully confirmed the presence of ultramafic and mafic rocks, which was the primary objective for the program.
The upcoming high impact drilling program targets 5-6 prioritised areas that will test and confirm the presence of mafic-ultramafic intrusions.
Register today for Proactive's Sydney, Melbourne Investor Luncheons in August to hear more.
The hi-impact drilling campaign at Desert Dragon Central intersected copper and zinc sulphides in the second hole, which followed a massive nickel sulphide stringer in the first.
Adding intrigue, St George said its best targets are still to be drilled.
Metro Mining recently received a Speculative Buy and $0.38 target from Argonaut. With Metro last trading at $0.09, the target price provides a significant potential upside of more than four times the current value.
Recent activity has identified four new mineralised zones and visible gold at the Aucu project that will boost the number of resource ounces. A magnetic survey is now underway with drilling to start in August.
Today's deal is a win-win for both Legend and the Creasy Group, and will catapult Legend into one of the most dominant players in Australia's hottest exploration postcode - the Fraser Range.
Legend shares are expected to trade higher.
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Surveys and soil sampling at Bellbird has now commenced, which will identify deeper targets expected to be drilled later in 2015.
KGL remains on-track to deliver its resource upgrade in July 2015.
Drilling at the D Zone of the company’s Viscaria copper deposit has returned increasingly better results with the orebody getting thicker with higher grade intercepts. This will support development planning scenarios currently being addressed in the Scoping Study.
The acquisition of Octiplex will establish Newzulu Mobile as a world leader in mobile app development for the media and advertising industry. It will also reduce its previously outsourced mobile development costs.
The P-Fuel technology effectively creates a positive fuel source from waste plastics. The fuels provide an alternative to biofuel.
Bisan holds a 16% stake in P-Fuel Limited.