Proactive’s Post

Toubani Resources has announced its 2024 MRE for the Kobada #Gold Project, in #Mali, following the success of a recent resource definition drilling campaign. "Our vision is to reposition Kobada as a reduced technical risk, low strip, bulk-tonnage, oxide-dominant open pit development project of scale. Having converted over 80% of our oxide inferred ounces, we now have 1.4 Moz of oxide material in Indicated resources on which to base the DFS update, 44% more than in the previous MRE. With almost 50 Mt of such material, as well as a 10% increase in estimated grade in the new MRE, the improved tonnage and grade profile is anticipated to improve the results of the forthcoming DFS update." - Phil Russo https://lnkd.in/daAfcX-B

We're pleased to announce that we have received further high-grade Cu-Au laboratory results from ongoing exploration at the highly prospective Mpanda Project in #Tanzania. RMI's Executive Chairman, Asimwe Kabunga, said: “Ongoing exploration activities at our highly prospective Mpanda Copper-Gold Project continue to deliver exceptionally high grades and they are helping the Company define multiple opportunities for potential exploitation of major resources within our extensive tenement package. Exploration is ongoing with auger drilling, more soil and rock chip sampling and trenching being undertaken to define all anomalous areas within our tenements. Our goal is to create one or more significant Copper-Gold projects in the near-future and we have every confidence that we can achieve this. More comprehensive drilling is planned following completion of current work streams. Copper and Gold prices are showing exceptional strength and we are well-placed to deliver significant shareholder value on the back of more good exploration results.” Read the full ASX announcement here: 👉https://lnkd.in/gY-w_Run #RMI #copper #gold #ASX #ResourceMiningCorporation

Aruma Resources Ltd (ASX:AAJ) managing director Glenn Grayson speaks with Proactive’s Jonathan Jackson about the optimism surrounding the company’s newly acquired Bortala #Copper Project in Queensland’s Mt Isa copper belt. An initial review has identified several promising areas for copper-gold mineralisation with these targets found in favourable geological, structural and geophysical settings. Historical exploration at R9 target produced results of up to 1.9 g/t #gold in rock chips and various drilling outcomes, including 18 metres at 0.18% #copper, 2 metres at 0.25 g/t gold, 4 metres at 0.36% #lead and 5 metres at 0.44% #zinc. Watch at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining #CopperMining https://lnkd.in/ewxY9uVq

Barton Gold (#ASX:BGD) boosts JORC resource to 1.5Moz at Tunkillia with Area 51 upgrade, continues exploration for high-grade targets in 2024

#StockBox #EST #Copper #VMS StockBox caught up with CEO East Star Resources Plc Alex Walker where he discussed the recent update regarding resource modelling of the Verkhuba #copper deposit on the Rudny Altai #VMS belt. Watch below ⬇ https://lnkd.in/e2Jhtn2U ➡East Star Resources has commissioned a mineral resource estimate for the copper VMS project Verkhuba in Kazakhstan following extensive drilling to verify historical data. ➡The company's thorough fieldwork, including geological traverses and drilling, has resulted in thicker intersections and validated the presence of copper, leading to an updated mineral resource estimate. ➡East Star Resources aims to convert the inferred resource to indicated within the upcoming field season, enabling economic studies, while also planning to drill other VMS targets within their license area to explore additional upside potential.

Pensana Plc said all three trenches and nine pits sampled at the Sulima West laterite in Angola during late 2023 showed evidence of rare earth mineralisation. Sampling results confirm a six-hectare, enriched laterite at Sulima West grading 2 - 3% TREO [rare earths], while three additional historic trenches totalling 206 metres averaged 1.8%. Grant Hayward, Pensana's exploration manager, added: "The trench sampling confirms the current understanding of the grade and lateral extent of the Sulima West laterite and the pitting shows mineralisation to depths greater than 5 metres. All pits ended in mineralisation. “Should the current metallurgical testwork campaign on the Sulima West laterite show promising beneficiation results, then the full grade and depth extent of the laterite will be tested by drilling.” More at #Proactive #ProactiveInvestors http://ow.ly/GJU5105oq6u

Join us at Minex Kazakhstan 2024 for a session on KAZRC code reporting key assumptions! Dive deep with us as we explore and discuss important aspects of this crucial reporting standard. Don't miss this opportunity to gain valuable insights and network with industry professionals. See you there! #MinexKazakhstan #KAZRC #Reporting #MiningIndustry PONEN

B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia - The Northern Miner: B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia  The Northern Miner

We're pleased to share further significant results from ongoing drilling at our Kokoseb Gold Deposit in Namibia. With three drill rigs in operation, our dual focus is resource growth and classification upgrade.   🌟 Key Highlights: ➡️ Northern Zone – significant widths and grades, wide open at depth:  - 43.1m at 1.34 g/t Au from 249.4m (KRD180)  - 22.9m at 1.89 g/t Au from 330.7m (KRD183)  - 13.2m at 1.88 g/t Au from 380.6m (KRD189) ➡️ High-grade extensions between Western and Central Zones:  - 6.9m at 2.30 g/t Au from 303.8m (KDD025)  - 3.5m at 5.27 g/t Au from 313.7m (KDD025)  - 7.0m at 5.35 g/t Au from 321.7m (KDD025)  - 11.5m at 2.41 g/t Au from 333.4m (KDD025) ➡️ Gap Zone to Western Zone link – now higher-potential sub-parallel interpretation:  - 9m at 1.69 g/t Au from 75m (KRC194)  - 18m at 1.58 g/t Au from 224m (KRC194)   Our Executive Chairman, Josef El-Raghy, commented: “Kokoseb continues to deliver further significant drilling results as we target a range of strike and depth extension opportunities across the main zones. Our current drilling focus is also directed towards increasing classification levels of the existing MRE via further systematic drilling of the shallower mineralisation across these zones. With three rigs in operation at Kokoseb we look forward to a steady pipeline of drilling results over the remainder of 2024.”   Read the full announcement here: https://bit.ly/4apnm9r   #WiaGold #WIA #Kokoseb #GoldExploration #Namibia #ASXNews

Galileo Resources to launch diamond drilling phase at Shinganda after latest positive results @GalileoResource #AIM #GLR. Galileo Resources PLC (AIM:GLR) gave investors an update on its drill programme at the Shinganda licence in Zambia, where it has now complete 30 reverse circulation holes. It amounts to a total of 2,213 metres of drilling, across the Shinganda Splay and Main Fault targets. The explorer highlighted that ‘visual inspections suggest that the supergene enrichment zone’, described as a promising area for copper and gold mineralisation, was encountered at the base of several drillholes. So, it has now greenlighted a further phase of drilling –... http://ow.ly/Vv8A105KMqC