EXPLORATION & DEVELOPMENT

Melrose the place for Korab

WITH its Melrose gold project set to start production before the end of the year, low-profile junior Korab Resources has found a steady stream of cash flow to fund its exploration program around the historic Rum Jungle uranium mine in the Northern Territory.

Michael Vaughan
Melrose the place for Korab

Korab hopes to start digging up the first 87,000 ounces contained in the Bungarra deposit at Melrose, which has a global 306,000oz resource, later this year with the company hopeful of producing first...

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