News - Market Insights

Cashed-up explorer DevEx Resources (ASX:DEV) is having a red-hot go in coming weeks and months at completing a trifecta for exploration enthusiast Tim Goyder (reports Stockhead).

Cashed-up explorer DevEx Resources (ASX:DEV) is having a red-hot go in coming weeks and months at completing a trifecta for exploration enthusiast Tim Goyder (reports Stockhead).

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Coziron Resources will launch a prefeasibility study on its Robe-Mesa iron ore deposit in the Pilbara (reports MiningNews).

Coziron Resources will launch a prefeasibility study on its Robe-Mesa iron ore deposit in the Pilbara (reports MiningNews). A strategic review of the company's iron ore assets identified the potential for a 1.5-2.5 million tonne per annum direct shipping ore operation. Former Atlas Iron operations executive Jeremy Sinclair will lead the PFS, assisted by his old boss, Atlas founder and current Coziron chairman David Flanagan.

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Junior gold explorer Firefly Resources (ASX: FFR) has reported “outstanding” results from the first four holes of a maiden drilling program at the recently-acquired Yalgoo gold project

Junior gold explorer Firefly Resources (ASX: FFR) has reported “outstanding” results from the first four holes of a maiden drilling program at the recently-acquired Yalgoo gold project in WA (reports Small Caps). The reverse circulation program intersected “spectacular” high-grade mineralisation at shallow depths near the historic Melville deposit, including a bonanza intercept of 1,439.55 grams per tonne gold.

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Drills are turning, and multiplying, in and around the Leonora-Laverton-Leinster ‘golden triangle’ of Western Australia

Drills are turning, and multiplying, in and around the Leonora-Laverton-Leinster ‘golden triangle’ of Western Australia and the arrival of a diamond rig at Genesis Minerals’ Ulysses project on the weekend is set to ramp up interest in activity there (reports MiningNews). Genesis recently raised A$19.5 million at 4.2c to fund the $13.5 million acquisition of the Kookynie gold project, expanding its tenure around the Ulysses (JORC 8.5 million tonnes grading 3.2gpt gold for 867,000oz) production target to more than 650sq.km.

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Grades of up to 8.8g/t gold from the ‘Kashmir’ target are “extraordinary” for early stage greenfields exploration and reinforce the Gidgee project’s potential

Grades of up to 8.8g/t gold from the ‘Kashmir’ target are “extraordinary” for early stage greenfields exploration and reinforce the Gidgee project’s potential to host a major gold system (reports Stockhead). Gateway’s (ASX:GML) main asset is the 1000sqkm Gidgee gold project, an emerging large-scale gold system in the heart of WA’s mineral-rich Murchison and Northern Goldfields.

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The drillbit continues to point the way to an expansion of Red 5’s new hope

The drillbit continues to point the way to an expansion of Red 5’s new hope, the 4.1 million ounce King of the Hills mine near Leonora in Western Australia, with a string of intercepts outside its resource envelope that indicate areas for additional growth to feed a planned processing facility beyond the decade of planned life (reports MiningNews). Infill drilling within the known resource have also boosted the miner's confidence in its geological understanding of its opportunity as it prepares to finalise a feasibility study this month.

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4th September 2020

Auteco Minerals has upgraded the resource at its Pickle Crow gold project in Ontario to 1 million ounces of gold

Auteco Minerals has upgraded the resource at its Pickle Crow gold project in Ontario to 1 million ounces of gold, just seven months after acquiring the asset (reports MiningNews). Pickle Crow's inferred resource has increased by 170,000oz to 1Moz at 11.3 grams per tonne gold, using a 3.5gpt gold cut-off grade. The updated resource incorporated historical drilling, as well as drilling undertaken by Auteco.

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The Mount Peake vanadium-titanium-iron project in the Northern Territory is another step closer to development

The Mount Peake vanadium-titanium-iron project in the Northern Territory is another step closer to development as TNG Ltd (ASX: TNG) appoints KPMG Corporate Finance to assist with total project finance (reports Small Caps). Stage 1 development was estimated last year to cost $824 million.

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