Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: ASX:BDR
News: Latest news
Web Site: Beadell Resources
Other Articles: 07-01-201005-01-201001-12-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday March 18, 09:06The drugs work: Biocompatibles sees further good sales growth ahead

After better-than-expected sales growth in the 2009 full year, the drug-eluting beads maker forecasts more growth this year while the Oncology Products Division revs up the pace of product trials.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Beadell Resources

Beadell Resources

Beadell Resources Limited (ASX: BDR) was incorporated in May 2007 to acquire mineral interests throughout Australia and Brazil, with an emphasis on gold.

Beadell's exploration tenements form a portfolio from advanced drill-ready targets at the Tartaruga Project in Northern Brazil and Reedy Creek Project in Victoria, to greenfields exploration projects in the remote central eastern parts of Western Australia. The Tartaruga Project in Brazil contains gold exploration assets which have the potential for early development.

 

Tuesday, November 24, 2009

Beadell Resources hits bonanza gold grades in Brazil

by Ross Louthean, Mineweb.net company news image

Beadell Resources Ltd (ASX: BDR) said a zone so far traced for 400 metres has given high grade results including 470.5 grams/tonne gold, 84.4 g/t, 27.4 g/t gold and 18.3 g/t, on a discovery area now called Rioderouro.

This is only 2 kilometres east of the company's Minerio and Mandiocal prospects on the Tartaruga licences.

Exploration director Robert Watkins said detailed face sampling and mapping has defined a high grade anastomising shear hosted gold deposit over 200m strike length in the main central area of recent artisanal workings.

Face sampling at about 50 metre traverses intersected high grade true width intervals including 1 metre @ 10.2 g/t gold, including 0.5m @ 18.3 g/t gold, 0.1m @ 84.4 g/t, 1.8m @ 2.7 g/t and 1m @ 8.4 g/t gold.

Two single point rock chip samples taken from the central area returned exceptionally high grade results of 470.5 g/t and 27.4 g/t gold.

Beadell said the new discovery was thought to be hosted in the same quartzite unit that hosts the Mineiro and Mandiocal deposit 2 km to the west.

The mineralisation was characteristically semi conformable to the quartzite unit forming a tabular shear zone that has many similarities to the Mineiro deposit, with two continuous parallel zones separated by 3 to 4 m.

Watkins said the new discovery is immediately east of the Rio Tarataruga Grande river where shallow cover associated with the northern delta of the Amazon basin masks the prospective basement rocks.

Rioderouro remains completely undrilled with "excellent potential to define a significant resource in the area of artisanal mining" and also to explore for extensions and repetitions of the mineralisation along strike.

No drilling has previously been targeted east of the river. Access east of the river was via the main sealed highway bridge which crosses the river 10 km to the south.

Current JORC inferred resources at the Tartaruga project was 5.5 million tonnes grading 1.6 g/t gold for 279,000 ozs (at an 0.5g/t cut off).

"Scoping study pit optimisation on the Mineiro and Mandiocal deposits alone indicate robust cash flows at current gold prices," the company said.

 

Mineweb is a web-based international mining publication focusing on mining financial and corporate news and comment.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Beadell Resources news

More news ►

Investors interested in Beadell Resources recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.