New Ballarat Gold Corporation (NBGC) reported “extensive gold confirmed” from diamond drill results at the Berringa gold mine joint venture (JV) project in Victoria, Australia. POTENTIAL Partners comprise Red Rock Resources plc (51.1%) and Power Metal Resources plc (49.9%). The limited 988m inaugural drill programme of six holes aimed to test three potential sites of South […]
Tag: diamond drill
Power Metal completes 2,402m drill at Molopo
Power Metal Resources plc has completed its 2,402m diamond drill programme at the Molopo Farms Complex nickel-platinum group element (PGE) project in southwestern Botswana. DATASETS The company drilled five holes, focusing on four individual targets areas, to depths of between 300m and 650m. Power Metal will complete logging before shipping remaining samples for testing. “Historical exploration work […]
New Ballarat starts 1,000m drilling Berringa
New Ballarat Gold Corporation plc has begun a diamond drill programme at the historic former producing mine of Berringa in the Victoria gold fields of southeast Australia. JOINT VENTURE The joint venture (JV) company comprises Red Rock Resources plc (50.1%) and Power Metal Resources (49.9%). PROGRAMME The JV plans 1,000 metres of diamond drilling with […]
Tertiary completes first drill at Jacks
Tertiary Minerals plc said it had completed its first drill programme at the Jacks copper project in Zambia. JACKS The project lies within exploration licence 27069-HQ-LEL, held by the company’s local partner Mwashia Resources Ltd. Tertiary has an exclusive option to earn up to a 90% joint venture (JV) interest in the licence. PROGRAMME The […]