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Tyranna Resources advances exploration work on gold, cobalt and base metal assets

Tyranna Resources Ltd (ASX:TYX) managing director Bruno Seneque updates Proactive Investors on the company’s exploration work at its Australian gold projects, as well as the recent acquisition of the Good Springs cobalt and base metals project in Nevada.
 
Drilling has begun at the Eureka Gold Project 50 kilometres north of Kalgoorlie, where the 2,500-metre, 16-hole program is aiming to upgrade the gold resource to JORC 2012 standard.
 
“What we want to do is prove up an ore body that we can mine – that’s basically it,” Seneque says.
 
He continues, “We don’t have to build a process plant, we can mimic what other people have done like Intermin, Genesis. We’re in an environment where there’s a number of mills that are already expressing interest in taking our ore.”

Quick facts: Tyranna Resources Ltd

Price: 0.004 AUD

ASX:TYX
Market: ASX
Market Cap: $3.89 m
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on 15/11/18

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