- Write by:
-
Monday, January 20, 2020 - 11:18:45 AM
-
602 Visit
-
Print
Mining News Pro - Joint venture (JV) partners Rio Tinto Exploration and Alloy Resources plan to commence a drilling program in the Paterson province of Western Australia between April and May this year.
According to Mining News Pro - Rio Tinto Exploration has a 70 per cent interest in the E45/4807 tenement after entering into the farm-in agreement in June 2018.
The company is actively exploring the Paterson region amid its discovery of the Winu copper-gold deposit, which is 50 kilometres north of the JV with Alloy Resources.
Alloy Resources stated earthworks for the remaining access tracks and drill pad were set to commence shortly.
The drilling program is planned to comprise a minimum of eight reverse circulation drill holes of up to 250 metres depth across six copper-gold target areas.
According to Alloy Resources, the tenement contains a similar geology to Newcrest Mining’s 32 million ounces Telfer gold deposit, which is located 25 kilometres to the south-east.
“This initial testing is intended to guide follow-up exploration and improve target generation by confirming basement depths and lithologies,” Alloy Resources stated.
“The depth of cover for the initial targets is currently estimated to be 30–100 metres.”
Alloy Resources expects to inform the market as drilling results become available.
Short Link:
https://www.miningnews.ir/En/News/475484
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted ...
Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a ...
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police ...
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
Peru’s Las Bambas copper mine, owned by China’s MMG, is facing renewed blockades of a key transport route after failed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the ...
No comments have been posted yet ...