Southern Gold offers the classic combination of smaller-scale near-term production and big long-term exploration upside
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Pantoro ended the December 2018 quarter with $20.8 million in cash and gold. The company remains debt free.
Canadian based international drilling company Major Drilling will carry out the campaign comprising five holes.
White Cliff Minerals has a portfolio of projects, including a high-grade gold project in the Kyrgyz Republic and nickel-cobalt battery minerals projects in Western Australia. The company is undertaking a review of its assets, hoping to determine how it can maximise value and save on costs.
The company’s shares are trading about 7% higher intra-day, at 44 cents.
The company is on track to reach its target of about 500,000 ounces of gold production a year with an AISC of US$850 by 2022.
90% of planned operating expenditure aims to be spent on businesses from the region.
The company hopes to establish a nickel development on Cathedrals Belt, an exploration area it majority owns.
Torrens is in the same IOCG trend as Olympic Dam, Carrapateena and BHP’s recent Oak Dam West discovery.
The company aims to develop its Mahenge Graphite Project in Tanzania.
The company has received encouraging exploration results from across its East Pilbara projects in 2018.
The project has upside potential for larger porphyry copper‐gold discoveries.
Sandfire has made a non-binding indicative offer of 38c a share for MOD
Graphite from Peninsula’s Gapyeong project in South Korea, 50 kilometres from Seoul
The program will provide oxide, transitional and fresh core for pilot plant metallurgical test work.
First ever lithium mineral lease in the Northern Territory awarded to Core, achieving a key regulatory milestone.
The company will open a new underground mine this quarter after achieving record production levels.
Upgraded intersections include 296 metres at 24.37% iron and 272 metres at 25.48% iron.
Prior to drill-testing the prospect, the company will conduct a mapping program to produce detailed 3D modelling of the prospect’s mineralisation.
The company is on track to release upgraded resource and reserve statements early this year.
Typically, above 0.1% cobalt is considered high-grade, AUZ intersected 3.4% cobalt.
Drilling, metallurgical test work and pilot processing for the Wolfsberg DFS are on the company’s agenda in 2019.
Emmerson sold Edna Beryl to Territory but will get 12% of gold ore produced.
The company will undertake a number of site preparation activities in the March quarter.
The company’s focus is the Yandal East Gold Project and it also has base metal exposure through a prospective Canadian asset.