Month: November 2016

Stellar Diamonds’ Tongo-Tonguma PEA yields positive results

Stellar Diamonds’ Tongo-Tonguma PEA yields positive results

Stellar Diamonds (STEL.L) has released the results of a Preliminary Economic Assessment on the Tongo-Tonguma project (which is now one large project after Stellar and Octea Mining decided to combine both projects. The PEA is based on a 21 year mine life and aims to recover 3.9 million carats (of […]

Intrepid Mines is hitting some really nice zones in Zambia

Intrepid Mines is hitting some really nice zones in Zambia

Intrepid Mines (ASX:IAU) has announced some assay results from its drill program at the Mumbwa project in Zambia, where it has completed a 12-hole drill program for a total of 2,251 meters. This drill program seems to have been pretty successful, as Intrepid encountered 30 meters at 2.13% copper and […]

Diamond drill set-up

Update: Metanor Resources – The Barry PEA

The higher gold price is a blessing for Metanor Resources (MTO.V) as not only does it help the company to generate a positive operating cash flow at Bachelor Lake (which helps to cover the capital expenditures and exploration expenditures), it also provides a welcome boost for the lower-grade Barry project. […]

Equitas’ surface grab samples at Crepori reveal (high-grade) gold

Equitas’ surface grab samples at Crepori reveal (high-grade) gold

Equitas Resources (EQT.V) has released an updated exploration plan for its Crepori gold asset in Brazil’s Para state. Even though the entire region has been mined by artisanal miners in the eighties, Equitas’ land claims have never been drilled before despite being located in the Tapajos Gold Belt, which ists […]

Columbus Gold received a drill permit for Target 5 at Eastside

Columbus Gold received a drill permit for Target 5 at Eastside

Columbus Gold (CGT.TO) has received the necessary permits to drill Target 5, which is located approximately 7 kilometers towards the south of the main area Columbus has been focusing on, called the ‘original target’. From a geological point of view, the Target 5 zone seems to be pretty much identical […]

Time for the proof of concept: Millennial Lithium starts drilling

Time for the proof of concept: Millennial Lithium starts drilling

Millennial Lithium (ML.V) has recently started the first phase of its lithium brine drill program on the Pastos Grandes lithium project in Argentina’s Salta province. This first phase will consist of a few holes that are predominantly aiming to learn more about the stratigraphic characteristics of the brine, as well […]

Balmoral Resources never disappoints

Balmoral Resources never disappoints

Balmoral Resources (BAR.TO) has now been able to confirm the width of its Bug South gold project on the Martiniere project is increasing pretty quickly after having encountered long and/or high grade gold intervals during its ongoing summer drill program on the property. Four of the drill holes were aiming […]