Georgian Mining Corporation (‘GEO’ or the ‘Company’) announces that it has intersected exceptionally high grade mineralisation, including 16m at 15.4% copper (‘Cu’) from 47m, during its ongoing drilling programme at ‘Gold Zone 2’ situated within the Kvemo Bolnisi East Project (‘KB’).
ShareTalk spoke to Mick Billing, Executive Chairman of Thor Mining. We covered the Assay results from its two main projects at Garnet and Desert Scheelite. We look at the new Zinc resource in place that was not highlighted by the previous historic drills. We talk about the future news flow starting with a Jorc compliant resource which Mick hopes will be due in the near future. We highlight the low cost plans and cover the funding needs for the projects in the mid to long term.
U.S. President Donald Trump’s plan to upgrade the nation’s roads, ports and bridges will drive demand for steel and support iron ore prices, Australia’s Finance Minister Mathias Cormann said.
“The U.S. and the Trump administration has put out a very ambitious infrastructure investment program” and the steel will have to come from somewhere, Cormann said in an interview in Washington. “So global demand for steel, we believe, will continue to require significant exports of Australian iron ore.”
The development of Aim-listed Hummingbird Resources’ Mali-based Yanfolila mine is progressing on time and within budget.
The company on Monday said structural, mechanical, plate work and piping work have been under way for over three months, while the plant foundations largely complete.The ball mill is complete and due for delivery to site in May, while work on the carbon-in-leach tanks is expected to be finished then too.
88 Energy RNS and Update : drilling at the Icewine#2 Production Test well commenced at 1915 24th April (Alaska time). The Arctic Fox rig is currently drilling ahead in the surface hole. Production testing remains on schedule for late June / early July and further updates will be made as and when appropriate throughout the drilling / testing program.
Georgian Mining Corporation (‘GEO’ or the ‘Company’) is pleased to announce that an upgraded Mineral Resource Estimate for the Kvemo Bolnisi East (“KB”) Copper Zone (‘Copper Zone 1’) has increased the total tonnage of in-situ copper metal by 92% in comparison to the initial estimate announced on 30 January 2017.