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Norwest Energy has A$3M cash in the bank to help it lock in a rig for its 20% share of the highly anticipated Lockyer Deep-1 exploration well that is only 15kms north of Strike Resources’ huge West Erregulla gas discovery in Western Australia. Norwest said it was working with the operator and partner, Mineral Resources to secure a rig contract after locking in site access with the local landowner east of Dongara in WA.
facebook twitter linkedin print Rox Resources and its JV partner, Venus Metals are currently ploughing the metres into its Grace prospect next to the old Youanmi gold mine and delivering some impressive early results. One outstanding result was a 4m intercept that graded 69.5g/t gold from a relatively shallow 28m, including 2m at a serious 137.75g/t gold.
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