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Avanco Resources releases maiden resource estimates at Centrogold

Avanco Resources releases maiden resource estimates at Centrogold

Avanco Resources (ASX:AVB) has released a  maiden resource estimate on the Blanket zone of its Centrogold project in Brazil. This first resource estimate contains an inferred resource of just short of 700,000 ounces gold at an average grade of 1.8 g/t, and will be the basis for a first scoping […]

Central Asia Metals’ Copper Bay feasibility study is disappointing

Central Asia Metals’ Copper Bay feasibility study is disappointing

Last month, Central Asia Metals (CAML.L) released the results of the definitive feasibility study on its Copper Bay tailings project in Chile. According to the mine plan, a total of 35 million tonnes of ore at an average grade of 0.24% copper would be processed, resulting in an average copper […]

BonTerra finds more high-grade gold, raises more cash

BonTerra finds more high-grade gold, raises more cash

BonTerra Resources (BTR.V) has released new drill results from the Rivage Gap Western Extension of the Gladiator Deposit in Québec. Hole 47 discovered a new gold zone at a depth of approximately 300 meters, whilst hole 48 intersected several higher grade intervals in the RGWE zone. With 3.8 meters of […]

Black Sea Copper & Gold identifies new targets at Zlatusha and Kalabak

Black Sea Copper & Gold identifies new targets at Zlatusha and Kalabak

Black Sea Copper & Gold (BLS.V), a new player on the Balkan copper-gold scene has provided exploration updates on both the Zlatusha and Kalabak properties located in Bulgaria. It also terminated the option agreement on the Alankoy property in Turkey, due to the increasingly unstable political climate in the country. […]

Jericho will boost the oil production at its own assets

Jericho will boost the oil production at its own assets

Jericho Oil (JCO.V) has presented its organic growth plan to the market, which will aim to maximize the production rate and cash flows from the 75,000 acres in Oklahoma it jointly owns with a private family office. A first step will be to reduce the decline rates of the existing […]

Atlas Iron survives!

Atlas Iron survives!

Atlas Iron (ASX:AGO) has updated the market on its progress after restarting its iron ore operations. The company finished the fourth quarter of calendar year 2016 with approximately A$134M in cash, an increase of almost A$40M compared to the cash position at the end of September. As its debt facility […]

Geologix Explorations updates the Tepal PEA

Geologix Explorations updates the Tepal PEA

Geologix Explorations (GIX.V) has released an updated Preliminary Economic Assessment on its Tepal copper-gold project in Southwest Mexico. The report is focusing on a 22,000 tonnes per day open pit operation for the sulphides, whilst a separate 5,500 tonnes per day CIL plant will be used for the oxide mineralization. […]