AL8 mentioned in * report this morning:
"US explorer Alderan Resources (ASX:AL8) is hunting for ‘Carlin-like’ deposits — also known as ‘the elephants of the gold world’.In mid-October, Alderan will drill the Mizpah prospect in Utah where “gold associated geochemistry is very typical of Carlin-like mineral systems”.Alderan has enjoyed a good run of late. Last month, hefty JV partner Rio Tinto (ASX:RIO) hit 41m at 1.9 per cent copper and 0.62 grams per tonne (g/t) gold at the Cactus Canyon prospect, part of the Frisco project in Utah. Rio can earn up to 70 per cent in the project from Alderan by spending $US30m on exploration."
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- Ann: Rio Tinto hits 33m at 1.9% Cu & 0.65 gpt Au at Cactus Canyon
Ann: Rio Tinto hits 33m at 1.9% Cu & 0.65 gpt Au at Cactus Canyon, page-122
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Price($) | Vol. | No. |
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