TBA 0.00% 2.6¢ tombola gold ltd

Ann: Resource Drilling Identifies High-Grade Gold under Pit Floor, page-21

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  1. 1,629 Posts.
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    Wobbie,

    I just re-read your one line response to the Goldtalk article, and hoped to try and answer your question. All I can do is re-iterate some media over the past 12months regarding the confidence in the "Tier 1" projects we may be involved in. Keeping the price down now as much as they can might pay off once the they start buying again based on below....and what Newcrest may report about Canteen.

    Miningnews.net - 10/8/2018

    Newcrest general manager exploration Fraser MacCorquodale presented at Diggers & Dealers late on Wednesday in what was the company's first appearance at the Kalgoorlie forum since 2010.

    "We're open for business in the exploration space," he told delegates.


    Newcrest is looking for gold and gold-copper deposits with a pathway to becoming a tier one or two deposit.

    In Australia, the company has an option and farm-in with Alice Queen over the Mendooran project in New South Wales, the Second Junction Reefs JV near Cadia, strategic alliance with Encounter Resources in the Tanami and West Arunta regions, Canteen farm-in in Mt Isa, and the Euro project farm-in with Prodigy Gold in the Tanami.

    "We're really excited by Australia," MacCorquodale said.

    "We're an Australian company and we'd really love to make some new discoveries in Australia."


    *********.com.au - March 14 2019

    Ausmex’s ‘outstanding’ conductive structure at Golden Mile believed to be part of larger iron-oxide-copper-gold system
    “These assays are indicative of vectors which point to something fairly significant at depth … which will yield fairly significant returns,” the findings said.

    Miningnews.net - 21 August 2019

    The comparison this week with the Jinchuan deposit in China containing more than 500 million tonnes grading 1.2% nickel and 0.7% copper follows "independent expert" Emeritus Professor Kenneth Collerson recently reviewing AMT and MT geophysical data.

    Professor Collerson also drew the comparison last October.

    Geophysics work is continuing with no indication given as to when drill testing will take place, though an investment briefing given by the company in late March said a "completed" AMT would "generate drill ready targets".

 
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