Short Delay for Initial Novo Astro Assays

Meteoric Resources previously advised the market that first results from its Novo Astro project were expected in late November.

Meteoric Resources (ASX:MEI) previously advised the market that first results from its Novo Astro project were expected in late November. As a result of delays at the ALS Sample Preparation facility in Goiania (Goias State Brazil), occasioned by a larger than expected volume of sample throughput, the initial Novo Astro results are now not expected to be received by Meteoric until mid-December.

As quoted in the press release:

“The delay at the laboratory, which does happen at times, is disappointing as we are just as keen as our shareholders to see what the first ever drill results from Novo Astro delivers. As a result, we will be undertaking a complete review of our procedures and service providers around sampling and assays over the coming months. This review will include the costing of a sample preparation facility onsite, which would result in a significant reduction in transport times and costs and allow us to potentially use airfreight.

“The drilling at Novo Astra is continuing at pace with two rigs turning. Eight holes are now complete with holes NADD009 (Mateus) and NADD010 (Graça) underway. At this stage, we are now 1,500m into the planned 2,500m program, with all holes being drilled past target depth due to the presence of significant alteration noted in the holes.

“Over at Juruena, hole JUDD022 is targeting the depth extension of Dona Maria 70m below the existing Mineral Resource Model and is now in alteration at target depth. The rig will then move south to complete a final hole at Tomate, which will bring the Juruena program to a close for 2019.”

Click here for the full text release

Torian Resources Limited Significant Gold Results from Surface at Mt Stirling

Perth, Australia (ABN Newswire) – Torian Resources Ltd (ASX:TNR) is pleased to advise that recent drilling results continue to extend the Mt Stirling Gold System over ~1.1km of Strike, ~300m at depth, and it remains open in multiple directions.


– The interpreted strike of the Mt Stirling gold system exceeds 1.160km with Mt Stirling Main Zone; Hanging Wall and Viserion lodes all remaining open along strike and down-dip.

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eMetals Limited Updates Shareholders On Exploration – April 12, 2021

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Discovery Harbour Provides Newcrest’s Planned Program for Fortuity 89, Nevada

Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour”) is pleased to announce that Newcrest Resources Inc., a wholly owned subsidiary of Newcrest Mining Limited (“Newcrest”), has provided the details of its planned program for the Fortuity 89 epithermal gold property in Nevada.

The Fortuity 89 property covers very limited outcrop surrounded by a large covered area. The outcrop and interpreted geology are prospective for concealed low sulphidation epithermal gold mineralization below shallow unconsolidated alluvial gravels. Newcrest’s planned activities include a geophysical program encompassing a 675 line kilometre drone airborne magnetic survey, a 250 station ground gravity survey and a 45 line kilometre audio band magnetotellurics (AMT) resistivity survey. It is intended that geologic and alteration sampling and mapping will also be undertaken with a soil geochemical sampling program. The intended outcome of this program is to identify potential drill targets for testing this calendar year.

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Blackdome-Elizabeth Gold Project 2021 Exploration Plan and Update

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The 2021 exploration program at Elizabeth and Blackdome is fully permitted and on schedule to commence at the end of Q2, 2021. The program will consist of 7,500 metres of down plunge and along strike diamond drilling at Elizabeth to expand the known gold mineralisation, in parallel with detailed alteration and mapping studies at Blackdome in support of future resource expansion drilling.

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Rio Tinto reaches agreement with Turquoise Hill Resources on financing plan for Oyu Tolgoi

Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the “Funding Plan”) for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion 1 , building on and replacing the arrangements established in the Memorandum of Understanding that Rio Tinto and TRQ previously entered into on 9 September, 2020.

Under the HoA, subject to securing approval by OT LLC and any required support from the Government of Mongolia, and subject to timing, availability, and terms and conditions being acceptable to both parties, Rio Tinto and TRQ will:

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