Intrepid Mines is an international precious metals production, development and exploration company with primary operations in Indonesia.
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.
02/08/12Intrepid Mines’ shares rise 36% on investment by prominent Indonesian businessman
19/10/10Intrepid Mines intersects massive 522m @ 0.45 g/t gold zone at Tujuh Bukit project
30/09/10Intrepid Mines' copper gold resource at Tujuh Bukit gaining world class dimensions
25/06/10Intrepid Mines confident on Paulsens sale to Northern Star Resources
25/05/10Intrepid Mines hits significant copper and gold in Indonesia
04/03/10Intrepid Mines hits rich zone of copper gold molybdenum at Tumpangpitu
18/08/09Intrepid Mines reports drill intercept of 533 g/t silver at Taviche in Mexico
17/08/09Intrepid Mines says drilling at Taviche JV Intercepts 533 g/t silver-equivalent over 12 metres
16/07/09Intrepid Mines finds more high-grade silver and gold at Tujuh Bukit in Indonesia
19/05/09Drilling at Intrepid’s Paulsens gold mine supports mine life extension
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.
Red Mountain Mining has delivered more high grade, near surface gold from drilling of just the second of five epithermal vein structures at the Lobo Prospect in the Philippines. These provide an opportunity to convert into high grade resources in the coming months.