gold exploration, pre-development company.
A recent drilling programme has confirmed that
their gold project - Bullabulling - is a large tonnage,
low grade deposit with high grade zones, and has
a JORC reported Mineral Resource of 1.98 million
ounces of gold.
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focused explorer with the potential to be a producer
in 2012. Shaw River Resources is to acquire 75.5%
interest in the Nambian Otjozondu Manganese
Development Project with the acquisition expected
to be completed in Q1 of 2011. Furthermore, it
xpects to commence infill drilling, a feasibility study |
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and release a maiden JORC resources within the
coming quarter.
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grade copper-zinc-silver intercepts from diamond
holes into their Bumbo Metal Prospect in Western
Kenya. Furthermore, 5 of the 6 diamond holes
drilled to date have intersected massive sulphide
mineralisation within broader zones. At Aviva's
Mmamantswe Coal Project, a study by A&B Mylec
Pty Ltd, confirmed export grade thermal coal can be
produced. The study found that the project could
deliver both export grade and domestic grade thermal
products.
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Exploration License located 65kms north east of
the Tropicana Gold Project and 14kms east of
the Beadell Resources, Hercules high grade gold
discovery. At Triton's Salmon Gums Gold Project,
infill soil sampling has confirmed a zone of
anomalous gold partly overlapping a zone of anomalous
soil bismuth. A drill follow-up is planned.
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