Exploration & development

Connemara Mining Company plc has recently commenced drilling operations at the Mine River Gold Project.

East Asia Minerals Corporation proceeds with a US$2 million private placement for the company’s exploration and development operations in Indonesia.

The drilling campaign, to be conducted by Brazil Minerals Inc’s subsidiary, Jupiter Gold Corp., is expected to commence in or before May this year.

At Kochang, progress in exploring the mine has been swift and the findings extremely encouraging. The Gubong gold project has commenced metallurgical testing and the results are expected within a month.

The company expects to announce the results of the project in Senegal in April and May this year.

Greatland Gold plc conducts mobile metal ion (MMI) surveys at the Ernest Giles project in Western Australia, which represents the commencement of the exploration programme.

The company has delineated an inferred resource of 50 million t grading 24.8% P2O5.

Drilling operations are set to commence at the Stonepark Zinc project in Ireland.

Three projects in Nevada, US, have been approved, while optimisation work to extend the life of the Lagunas Norte mine in Peru has commenced.

Endeavour Mining’s upgrade to Ity is nearly 50% complete, with the company hoping it will extend the mine’s life by 14 years.

Camino Minerals Corp. finalises a non-brokered private placement worth CAN$1 516 060 which will be used to fund step out drilling at its Los Chapitos project in Peru.

The Amrun bauxite project in Queensland, Australia has, according to Rio Tinto, engaged over 1000 Australian businesses.

Monarques Gold announces its intention carry out a total of 50 000 m of drilling in 2018 at the company’s Beaufor mine and Croinor Gold property.

Global Geoscience Ltd has selected Wood to complete the study for the Rhyolite Ridge Lithium-Boron project in Nevada, US.

AngloGold Ashanti Ltd (AGA) announces the results for its maiden Ore reserve at the Gramalote project in Colombia.