TRY troy resources limited

A bit of Troy history

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    Anyone who likes history might appreciate this March 2000 article in Mining News:

    ''Troy Resources’ chairman John Jones has long been on the look-out for new opportunities for his small gold mining outfit.

    Jones got his wish early last year when, through some smart deal-making with Cambrian Resources and Wirraminna Gold, he was able to pick up more than 800sq.km of ground in the unfashionable but still prospective Sandstone greenstone belt of WA.

    The real sweetener to the deal was that the area had an immediately mineable orebody called Bulchina (pronounced Bull-China) as part of the package. Bulchina was the legacy of work carried out by Battle Mountain in the area in 1997. Standing out as a bullseye target on an aeromagnetic map, Battle Mountain only had to do three lines of spaced drilling before it hit the heart of Bulchina. The irony was that on the day that its geologists announced the discovery, Battle Mountain declared it was totally withdrawing from Australia.''

    (continues in link below)

    http://www.miningnews.net/exploration/drilling/high-grade-core-tantalises-jones-and-his-faithful/
 
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