News

Well-funded Western Australia gold explorer Genesis Minerals remains on a course to start production from a new plant at Ulysses, south of Leonora, in the first half of 2022

Well-funded Western Australia gold explorer Genesis Minerals remains on a course to start production from a new plant at Ulysses, south of Leonora, in the first half of 2022 and could be sitting on a materially bigger resource base at that time, the 2020 Beaver Creek Precious Metals Summit has heard (reports MiningNews).

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A pivotal drilling program is kicking off at Alicanto’s (ASX:AQI) Greater Falun copper-gold project, located in Sweden’s mineral-rich — but historically misunderstood — Bergslagen district (reports Stockhead).

A pivotal drilling program is kicking off at Alicanto’s (ASX:AQI) Greater Falun copper-gold project, located in Sweden’s mineral-rich — but historically misunderstood — Bergslagen district (reports Stockhead). This project neighbours a bunch of big operations including the 28-million-tonne Falun deposit, mined over ~1,000 years at some pretty phenomenal grades until the 1990s.

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Pilbara explorer Kairos Minerals (ASX: KAI) has pinpointed four “significant” new gold targets at its wholly-owned Kangan project in Western Australia’s north, including one large target located near a new major gold discovery (reports Small Caps).

Pilbara explorer Kairos Minerals (ASX: KAI) has pinpointed four “significant” new gold targets at its wholly-owned Kangan project in Western Australia’s north, including one large target located near a new major gold discovery (reports Small Caps).

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Firefly Resources has reported more drilling success at Yalgoo in Western Australia as it gets to work to try outline enough gold resources of sufficient quality to justify a development (reports MiningNews).

Firefly Resources has reported more drilling success at Yalgoo in Western Australia as it gets to work to try outline enough gold resources of sufficient quality to justify a development (reports MiningNews). he hit reported today of 48m at 1.7 grams per tonne gold from 33m was said to represent true width and correlated with an historical scissor hole that recorded 56m at 1.34gpt from 16m. The result was from the non-JORC 2012 Melville deposit, with the 6m at 245gpt from 50m reported a few days ago being from outside the previously estimated resource.

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Red 5’s bid to propel itself into the realms of Australia’s mid-tier goldminers received a shot in the arm with yesterday’s unveiling of a detailed plan for a standalone plant at its King of The Hills mine near Leonora (reports The West Australian).

Red 5’s bid to propel itself into the realms of Australia’s mid-tier goldminers received a shot in the arm with yesterday’s unveiling of a detailed plan for a standalone plant at its King of The Hills mine near Leonora (reports The West Australian). Underpinned by a 2.4 million ounce ore reserve revealed yesterday, Red 5 said that catapulted the mine into the top 10 of Australia’s largest endowed goldmines.

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18th September 2020

Kin Mining says its emerging East Lynne discovery shows all the hallmarks of being a large mineralised system near Leonora, Western Australia (reports MiningNews).

Kin Mining says its emerging East Lynne discovery shows all the hallmarks of being a large mineralised system near Leonora, Western Australia (reports MiningNews). Aircore drilling over recent weeks has been testing a 6km-long soil anomaly at East Lynne, and the early results indicate a significant shallow gold discovery associated with historical workings just 3km from the proposed Cardinia mill location.

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While all gold ounces aren’t the same, Argonaut Securities’ Eddie Rigg pointed to a big disparity between the capital cost of growth in the cases of Northern Star Resources and Evolution Mining (reports MiningNews).

While all gold ounces aren’t the same, Argonaut Securities’ Eddie Rigg pointed to a big disparity between the capital cost of growth in the cases of Northern Star Resources and Evolution Mining (reports MiningNews). Speaking at the RIU Resurgence Conference in Perth today on multiple themes, including the dangers of capital misallocation during boom times, Rigg said recent Argonaut research showed Northern Star was spending about A$2.1 billion between 2019 and 2023 on increasing production from 841,000 ounces to 1.32 million ounces of gold.

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Veteran geologist Neil Biddle is coming up to 40 years of knocking around the hard-rock exploration scene.

Veteran geologist Neil Biddle is coming up to 40 years of knocking around the hard-rock exploration scene. So after his success with fellow geologist John Young and accountant Tony Leibowitz in creating Pilbara Minerals ($750 million) and Bardoc Gold ($140m) before letting operating guys pick up the reins, Biddle’s thoughts naturally enough turned to a prolonged period of rest and recreation.

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