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24 octobre 2013

drilling results from Tanami

IN Mining Briefs today: drilling results from Tanami, Azimuth, White Rock and KRE, new tenements for Musgrave and delisting on the cards for LuiriSlot mining at Tanami Gold’s Coyote gold project in Western AustraliaJunior gold producer Tanami Gold has received high-grade gold results from its Coyote mine and Groundrush depositDrilling at Coyote returned 03m at 428 grams per tonne gold from 613m, 03m at 379gpt gold from 483m and 03m at 316gpt gold from 459m, with ore drive development well positioned to plan access to the mineralisationResults from Groundrush included 3m at 321gpt gold from 48m and 3m at 323gpt gold from 121mTanami expects the current drilling to increase the 535,000-ounce Groundrush gold resourceAzimuth Resources has announced new results from the Smarts prospect, part of the West Omai gold project in GuyanaReverse circulation results included 27m at 88gpt gold from 41m, 35m at 64gpt gold from 74m, while diamond drilling intersected 8m at 9

8gpt gold from 89m, 14m at 75gpt gold from 109m, 22m at 38gpt gold from 67m and 11m at 114gpt gold from 31mThe company is awaiting results from first-pass drilling at the Kaburi prospect Azimuth has also begun the process to list on the Toronto Stock Exchange early next yearMeanwhile, the latest drilling at White Rock Minerals Mount Carrington project in New South Wales will be incorporated into a resource upgradeResults from the Strauss deposit included 311m at 2gpt gold from 29m, 431m at 23gpt gold from 44m, including 98m at 84gpt gold and 15m at 34gpt gold from 67m, while results from the Kylo deposit included 15m at 13gpt gold from 18m, including 4m at 29gpt gold and 17m at 2gpt gold from 55m, including 3m at 5

7gpt gold from 55mThe results will be incorporated into a new resource estimate early next yearKimberley Rare Earths has received the final assays from drilling at its flagship Cummins Range projectInfill and extensional drilling returned 75m at 116% total rare earth oxide from 4m, 39m at 215% TREO from 2m, 39m at 181% TREO from 21m, 8m at 219% TREO from 45m and 10m at 304% TREO from 25mWork on a new resource estimate has begunDual-listed Luiri rock crusher jobs in nevada Gold is applying for voluntary delisting of its shares from the TSX Venture ExchangeThe company cited low trading volumes and Canadian ownership, as well as the costs, as reasons for the moveIts shares will remain listed in AustraliaFinally, Musgrave Minerals has signed a deed of exploration with the Anangu Pitjantjatjara Yankunytjatjara covering four tenements in the Musgrave region of South AustraliaThe granting of the tenements, which is subject to ministerial approval, will more than double the company ground in the region to 12,900sqkm

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