Proactiveinvestors Australia

Intrepid's strategy is to identify properties with one million or more ounces of gold potential, or 50m ounces of silver potential, or a combination of both, worldwide. IAUs producing property is in Paulsens, Australia and its development property in Argentina, with exploration properties located in Argentina, El Salvador, Australia and Canada.

The current resource at Hollandaire could add a copper, gold and silver concentrate revenue stream to the Murchison gold project, thereby reducing all-in-sustaining cash costs at the gold operation.

The use of Sub-Audio Magnetics, or SAM technology survey has already more than doubled strike length of the mineralised host structure at Deflector, where data indicates a strike length of some 2,350 metres, previously 950 metres in length.

Drilling of high grade gold targets is the primary objective for Red Mountain Mining’s $2.8 million partially and conditionally underwritten pro-rata, renounceable rights issue. This is expected to lead to a resource upgrade and positive Scoping Study.

Cleveland Mining’s David Mendelawitz has successfully negotiated a deal to acquire three high potential iron ore exploration projects in Brazil under a strategic alliance with BC Iron, (Market Cap: $385 million) that will de-risk the path to iron ore production.

Ongoing assessment, including an extensive soil sampling program, is being carried out to identify further targets for Paynes Find Gold’s planned Stage 3 drilling program. There will also be the first gold pour from its small scale mining operations in coming weeks.