Hawkstone Mining

facebook twitter linkedin print Kingwest Resources said its Pericles prospect has booked an 87% upgrade in total estimated resources to 79,500 ounces of contained gold which pushes the total nearer to surface resources at the Menzies Gold project to 208,300oz of gold. The indicated resource at Pericles now sits at 630,000 tonnes at 1.8g/t gold and the inferred resource is 780,000 tonnes grading 1.7g/t gold. The total combined resource at Pericles is now 1.4Mt with an average grade of 1.8g/t.

It is hard to understand how the old-timers left 49.5 gram per tonne gold dirt behind at Kingwest’s Lady Shenton mine near Menzies, however that is what the recently unearthed records show from face sampling done over 100 years ago. Mines Department records from the long-abandoned mine include a 22m long drive going 49.5g/t within a 45m long section going 22.3g/t gold.

Neil Warburton says the finalised transaction agreements with BBI Group are ready for the upcoming EGM shareholder vote, expected next month. facebook twitter linkedin print Flinders Mines said it had identified a viable mine plan for its Pilbara iron ore project (PIOP), ahead of a crucial shareholder meeting to approve a joint venture with infrastructure company BBI Group. To read more, please Login below or Subscribe.