Drilling at White Cliff’s Aucu prospect in the Kyrgyz Republic has intersected high grade gold. The company is also fully funded for work in 2015, which includes drilling at its Australian gold and nickel-copper projects. Find out more when MD Todd Hibberd presents at the Melbourne and Sydney Investor Luncheons. REGISTER TODAY.
The extension of site lease and the signing of a memorandum of intent with Tri-Star Petroleum Company for the supply of gas could place LNG Ltd’s Fisherman’s Landing LNG Project back on production path. Offtake discussions are underway with LNG buyers.
With just one trading day (for the U.S.) in October, the traditionally volatile month is turning out to be a positive one. The Dow soared 222 points overnight, and is within range of a fresh all-time high. The ASX SPI 200 is up 25 points to 5483.
Drilling has defined two new high grade zones that together with the Mutola zone host all the very high grade mineralisation at Nicanda Hill. This positions Triton Minerals to undertake selective and targeted mining operations going forward.
Drilling has intersected encouraging gas shows in the Toolachee and Nappamerri Formations at Real Energy Corporation’s Queenscliff-1 in Queensland. Results of electric logs to be undertaken after reaching total depth will be highly anticipated.
South Boulder has recently been delivering a string of milestones from the Colluli Potash Project in Eritrea, including commercial grade potassium sulphate and PFS flotation testwork which demonstrated potassium yields in excess of 80%. The company remains well-funded with $10M cash.
Investors have rallied behind Blackham Resources with the company receiving equity commitments for $3.15 million of the $3.8 million it is raising. Funds will be used for exploration and development studies at its Matilda Gold Project in Western Australia.
With a scoping study pointing the way to bauxite earnings and riches from production at South Johnstone, the New Force In Queensland Bauxite has arrived.
A four part plan is being initiated by Hazelwood Resources to improve efficiencies at the ATC Ferrotungsten plant in Vietnam as well as look at growth opportunities and accelerating studies on its Australian tungsten projects which could see it become a vertically integrated producer.
Recent drilling has returned bonanza gold grades at the Nicolsons Gold Mine, which Pacific Niugini is farming in to. The mine has an existing 120,000tpa processing plant. Find out more about this company-maker when MD Paul Cmrlec presents at the Melbourne and Sydney Investor Luncheons. REGISTER TODAY.
Initial reconnaissance and auger drilling will focus on known areas of mineralisation at Gunson's recently acquired minerals sands tenements in Tanzania. This will extend existing mineralisation and test high priority zones that have never been drill tested.
Drilling at MacPhersons Resources’ Nimbus silver-zinc-gold project has established strong continuity of gold mineralisation between planned open pits. This paves the way for an increase in Resources and Reserves. The target mine life of between 7 and 10 years looks to be increasingly within reach.