EXPLORATION & DEVELOPMENT

Gascoyne's Melville sidelined as miner strikes near-mine paydirt 

GASCOYNE Resources may have found its next major mining area in an extension to the Gilbey's pit that has been its mainstay ore source over the past few years, so it has decided to slow development studies of its recently acquired Melville deposit.

 Drilling at the new Gilbey's North discovery

Drilling at the new Gilbey's North discovery

A 21-hole RC program drilled within 140m from the current pit edge delivered mineralisation as shallow as 1m from surface, across zones up to 18m wide.   In all, 17 holes testing the structural corridor...

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