Aruma Resources starts geological survey at Bulloo Downs
The new program will see the Company flying over 1720km2 using HyVista Multispectral Scanning (HyMap), with the data to be combined with data collected from the previous 1050km2 program to define and confirm further mineralisation targets.
Sheffield announces Red Bull Nickel-Copper Project
Drill hole RBDD004 was designed to intersect the modelled conductor plate at around 680m down-hole depth. A 123m interval of mafic granulite with trace disseminated sulphides was intersected from 600m to 723m depth.
Market rewards mining Gold only companies: Frank Holmes
Frank explains that gold is scarce, mining costs are high, the capex for building mines are high, and there has not been any significant 3 million ounce gold discoveries with grades high enough for production, found in the last three years