Exploration & development

Dacian Gold Ltd reports its first gold pour at its Mt Morgans gold project in Western Australia.

Boart Longyear announces it is to expand its drilling services fleet in order to cater for rising exploration budgets.

1100 km2 of land has been released for exploration, a decision welcomed by the Chief Executive of Queensland Resources Council.

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.