Rio2 Ltd is targeting early 2026 for first gold pour at its Fenix Gold heap leach project in Chile. Construction is 19 per cent complete and on budget at one of the Americas’ biggest undeveloped oxide gold plays.
Javelin Minerals has completed a maiden 22-hole reverse circulation drilling program at its recently acquired Eureka gold project,54km north of Kalgoorlie in WA’s Eastern Goldfields.
Marmota Ltd has achieved up to an impressive 93 per cent gold recoveries from metallurgical testwork of ore from its project in South Australia’s Gawler Craton region.
Great Southern Mining has assayed 3m at 2.55g/t gold from 33m,including 1m at 6.48g/t gold,in final results from a February drill program at its Golden Boulder East trend in WA.
Aureka Ltd has kicked off another new drilling campaign this time at its St Arnaud gold project in Victoria,as drilling wraps up at its Irvine Stawell project.
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Star Minerals has signed with Indian mining giant branch MEGA Resources to propel into production its 45,000-ounce Tumblegum South gold project in WA.
Javelin Minerals has completed a heritage survey at its Eureka gold project north of Kalgoorlie in WA,taking the final hurdle ahead of an imminent 3000m drill program.
Aurum Resources has continued its run of gold hits at Boundiali in Cote d’Ivoire,with a 83m run assaying 4.87g/t gold from 106m at the company’s BD Target 1.