Base metal developer Venturex Resources (ASX: VXR) says it’s on the cusp of developing a new $146 million copper-zinc mine at its Sulphur Springs project in the Pilbara following the release of its eagerly-awaited definitive feasibility study this week.
First Au is planning a 3000m follow-up RC drill campaign after aircore drilling intersected probable supergene mineralisation over 4m grading 393 grams per tonne gold at the Gimlet gold exploration project next to Intermin Resources’ Teal project north of Kalgoorlie (reports MiningNews).
Italy is on the brink of a dangerous banking crisis as the red-blooded showdown between Brussels and Rome pushes the country's borrowing costs to a five-year high (writes Ambrose Evans-Pritchard in London’s Daily Telegraph).
A recently announced exploration discovery at Red 5’s (ASX: RED) King of the Hills gold mine in WA could “transform” the operation, according to Sydney-based institutional broker Petra Capital.
The WA gold miner, which is currently ramping up underground mining at King of the Hills (KOTH) as a satellite ore source to its Darlot gold operations, recently released the results of seven underground drill holes at KOTH which have revealed a significant new discovery.