Emerging gold miner Revolution Metals (www.revolutionmetals.com) announced that drilling on its New South Wales property has revealed an initial conceptual target of one million ounces of Gold. The company is finalising a JORC compliant resource statement with a view to entering into a bulk sampling mining operation. The company has said that the Pine Creek Lode is only one of 60 gold bearing structures in their two adjoining New South Wales tenements.
Sandfire Resources NL (ASX:SFR) is pleased to advise that it has received assay results from diamond drill hole at the Springfield Project, part of its joint venture with Talisman Mining Limited (ASX:TLM). The results confirm a significant zone of high-grade copper-gold mineralisation approximately 10km east of Sandfire's 100%-owned DeGrussa Copper-Gold Mine, with final assays returning an exceptional massive sulphide intercept of 16.5 metres grading 18.9% Cu and 2.1g/t Au from 409.5m to 426m down-hole.
Australian precious and base metal exploration company Antipa Minerals Limited (ASX:AZY) is pleased to announce results and findings from recent exploration activities at its Calibre prospect, forming part of the Citadel Project located in the world-class Paterson Province, intersecting high grade mineralisation from 30.0m at 2.30 g/t gold, 0.18% copper, 0.97 g/t silver and 0.06% tungsten.
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