via MiningNews.net Xanadu Mines Ltd has just delivered a significant boost to the endowment at its Kharmagtai project in South Gobi region of Mongolia, which it calls one of the largest undeveloped #copper-#gold projects in the world. The second update in nine months comes as #XAM puts the final touches on a much-anticipated prefeasibility study. Read more: https://loom.ly/IpcPcBg #XanaduMines #ASX #TSX
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Toubani Resources Ltd (ASX:TRE) CEO Phil Russo sits down with Proactive's Jonathan Jackson to talk through the high-grade oxide #gold intersections from infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali. The company highlighted a significant find with a screen fire assay of 2 metres at 178 g/t gold within a broader 19-metre intersection averaging 20 g/t from a depth of 105 metres. These results are instrumental for Toubani in converting the Kobada deposit to higher JORC-compliant confidence levels, potentially delineating higher grade zones within the deposit. Russo noted the program’s role in derisking and enhancing the value of the Kobada deposit and expressed satisfaction with the results, which align with the company’s goals of confirming significant widths and grades. Watch at #Proactive #ProactiveInvestors #ASX #TRE #goldexploration #asxsmallcaps https://lnkd.in/emTzN2Je
Toubani Resources delivers promising gold intersections, aims for JORC upgrade
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Is Mauritania here with 1,000 mineral index
Zambia’s President Hakainde Hichilema to Deliver Keynote Address at Mining Indaba 2024
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#Mali, one of Africa's largest gold producers, has always been recognized for its abundant reserves in the Sahel region and the districts of Kayes, Sikasso, and Koulikoro at the south. ✨But what if the true potential of our 'elephant country' goes far beyond these explored areas? At #WarabaGold, we pursue the mission of progressing responsibly our exploration into uncharted territories. Our goal is not solely based on the discovery and extraction of gold but broadening our understanding of Mali's diverse geological landscape. Embark with us on this enlightening journey to discover new golden opportunities across Mali's frontiers. 🌍⛏️ #ExploringMali #SustainableMining #GoldMining
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Via Stockhead Many Peaks is in Côte d’Ivoire which hosts over 30% of West Africa’s greenstone belts and is proving to be an emerging region for world-class gold discoveries. It’s currently planning to drill high-priority targets at its Odienne project this quarter, which is on the same shear corridor as Predictive Discovery’s (ASX:PDI) Bankan discovery, along with several other gold occurrences that straddle over the border into neighbouring Guinea. https://lnkd.in/g6c7FdP5 #MPK #Manypeaks
Resources Top 5: West Africa ASX goldies go galactic - Stockhead
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🌟 Exciting News Alert! 🌟 We are thrilled to share with you all the monumental unveiling ceremony of the new strategic equity partner for Mopani Copper Mines Plc, a cornerstone of Zambia’s mining industry! 🇿🇲✨ In a historic moment, President Hakainde Hichilema officially introduced International Resources Holding (IRH) as the strategic equity partner for Mopani Copper Mines Plc. This partnership signifies a remarkable turnaround for not only the Copperbelt region but for Zambia's economy as a whole. 🔹 A New Era of Collaboration: President Hichilema emphasized the meticulously negotiated partnership with IRH, highlighting mutual respect and equitable benefits for all stakeholders involved. 🔹 Promising Prospects: With a $1.1 billion investment from IRH, we anticipate a significant increase in copper production, job opportunities, and business prospects. This revitalization promises to uplift livelihoods across the Copperbelt and beyond. 🔹 Commitment to Sustainability: The partnership with IRH underscores a commitment to financial stability, responsible management, and sustainable development in Zambia’s mining sector. 🔹 Empowering Local Businesses: Through initiatives like the Supplier Development Program, Mopani is dedicated to bolstering the capacity of Zambian suppliers, fostering economic growth, and supporting local communities. 🔹 Visionary Leadership: President Hichilema’s visionary leadership has been instrumental in Mopani’s resurgence, setting the stage for a brighter future for Zambia's mining industry. 🎥 Watch the Unveiling Ceremony: [Video Link Be 👇] As Zambia embarks on this new chapter in its mining industry, we are filled with hope for sustainable development, economic prosperity, and shared success for all stakeholders involved. Let's celebrate this significant milestone together and look forward to the promising opportunities that lie ahead! 💼🚀 #MopaniCopperMines #ZambiaMining #Partnership #EconomicDevelopment #Sustainability #IRH #HakaindeHichilema https://lnkd.in/dZ6eBtiP
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MST Financial prepared a research update on Xanadu Mines Ltd with a risked valuation of A$0.22/share (previously A$0.21). MST incorporates a high-grade scenario as the base-case valuation and has lifted their throughput assumptions to the upper end of the guided range for Kharmagtai, resulting in increased #copper and #gold production over the mine life. They see that the upcoming PFS release coming this month, is a major milestone that will provide a current view on the economics of the project. Furthermore, they expect that the forthcoming PFS is likely to cast the project as a highly compelling #development proposition. Read the full research: https://loom.ly/nhfriHg #XanaduMines #MiningInvestment #ASX #TSX
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Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge sits down with Jonathan Jackson in the Proactive studio to chat through the completion of a mechanical trenching program at the Tchaga North prospect within the #NapiéGoldProject in Côte d’Ivoire, covering 762 metres with samples taken at 1-metre intervals. The trenching targeted new high-grade gold zones identified by recent field mapping and rock chip sampling, yielding high #gold concentrations (79.50 g/t, 76.10 g/t, 60.66 g/t). The zones examined included the Ladder Zone, Central Zone, Double Zone and other newly mapped areas. Mako is now awaiting assay results to further evaluate the trenches and plan subsequent drilling operations. The trenches revealed numerous east-west oriented quartz veins and stringers in stockworks, which have not yet been tested by drilling. Watch at #Proactive #ProactiveInvestors #GoldExploration https://lnkd.in/dyCe34yT
Mako Gold advances Napié gold and Korhogo manganese projects
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