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Tagged with: 2018

Mar 2018 - Westgold Res Ltd

Westgold Resources Limited (WGX) 
Joining the >300kozpa/ >$1bn Market Cap Club

Apr 2018 - Draig Resources Ltd

Draig Resources Limited (DRG) – Heading for Its Maiden Bellevue Resource Announcement in SQ 2018

Jun 2018 - Sampling Sandstone

Soil Sampling Works at Sandstone

On 13 & 14 June 2018, Alto (AME) reported the progress of its soil sampling program at its mostly wholly owned Sandstone goldfield and discovery of a ~1.3km x 1.3km anomaly south of the Bull Oak open-pit, of which ~30% of the assays have values >30ppb. The actual distribution reported includes 42 assay samples between 31 & 100ppbAu, 17 from 101 to 300ppbAu and 3 >300ppbAu. The significance of >300ppb and the cluster in the >200ppb area shown in the figure is that from what I recall, an ~300ppb gold-in-soil anomaly usually inferred that it could/should result in a gold mine, as illustrated by the Plutonic gold mine having been based on a ~300ppb gold anomaly.

Jul 2018 - Typical SA Gold Mine

A Typical South African Gold Mine

To some degree this description is due to some of the spectacular statements still being made in conferences by various companies (initially Artemis/Novo, followed by a number of others) about the mega-moz potential of their Pilbara gold-bearing conglomerates on the basis that they are similar to South Africa’s Witwatersrand basin gold conglomerates and were formed at about the same time, being ~2.4bn to 2.8bn years ago.

July 2018 - Alto Metals Ltd

Advancing Towards Production : An Update based on a June 2018 Visit to AME’s Sandstone Project

Aug 2018 - Intermin Res Ltd

Firing on All Cylinders : An Update based on a May 2018 Visit to IRC’s Teal & Goongarrie Projects

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