Extensional drilling across Australian Mines' historical Greenvale mine has extended the resource potential of the broader Sconi project in Queensland.
Results included 42m at 1.01% nickel from surface; 53m at 0.724% nickel from surface; and 27m at 0.95% nickel from 15m.
The company is reviewing the draft bankable feasibility study ahead of financing negotiations.
Papua New Guinea-focused Niuminco Group has reported bonanza grades of up to 83.3 grams per tonne gold from a newly discovered vein at the Edie Creek mine.
Over three days this week, 2.6 tonnes of the vein material produced 218.7g, or 7 ounces, of gold.
Sipa Resources is preparing for deep diamond drilling at its Obelisk prospect in W...