Novo Resources releases PEA for Beatons Creek in Australia
Geologists study drill cuttings at the Beatons Creek gold project in western Australia. Credit: Novo Resources
Novo Resources (TSX: NVO; US-OTC: NSRPF) has released a preliminary economic assessment for the company’s 100%-owned Beatons Creek gold project near the town of Nullagine in the Pilbara region of Western Australia, about 296 km southeast of Port Headland and 1,364 km northeast of Perth.
The early-stage study envisions an open-pit mine producing 100,000 oz. of gold annually over a six-year mine life at all-in sustaining costs of US$974 per ounce.
Quinton Hennigh, the company’s president, noted in a press release that there is potential to lengthen the mine life by growing the resource with step-out exploration, “given the expansive nature of gold-bearing conglomerates in the Nullagine region.” The company says it has identified numerous near-surface exploration targets on its 1,250 sq. km land package,
Graphite Energy Corp changes name to reflect quality projects in gold-rich Pilbara region with noisy neighbours proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Gold Mountain Provides Exploration Update and Appoints Dr. Quinton Hennigh to Advisory Board
Gold Mountain Mining Corp. is pleased to announce initial results from the Company’s Phase 1 exploration program at its 100% owned Elk Gold Project located near Merritt, BC. The initial assay results incrementally expand the strike of known mineralized zones beyond the current resource model. The Company also wishes to welcome Dr. Quinton Hennigh, a renowned economic geologist, to its Advisory Board Highlights: The …
Gold Mountain Mining Corp. (“Gold Mountain” or the “Company” ) (TSXV:GMTN)(Frankfurt:5XFA) is pleased to announce initial results from the Company’s Phase 1 exploration program at its 100% owned Elk Gold Project located near Merritt, BC. The initial assay results incrementally expand the strike of known mineralized zones beyond the current resource model. The Company also wishes to welcome Dr. Quinton Hennigh, a renowned economic geologist, to its Advisory Board
Tombill Mines Limited: Tombill Mines Announces the Establishment of Its Advisory Board with Initial Appointments of Dr Quinton Hennigh and Mr Gordon Reid finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Investors Keep an Eye on Gold as Governments Worldwide Take Action
- FinancialBuzz.com News Commentary
NEW YORK, Feb. 19, 2021 /PRNewswire/ Gold prices were stable on Thursday. However, the economic landscape is becoming more complex and Bitcoin now competes with the yellow metal for a safe-haven status. Furthermore, the road ahead in 2021 remains unclear in terms of where the economy is headed. Nevertheless, gold is expected to bounce back. According to a report by Kitco, the U.S. government continues to move forward with its proposed USD 1.9 Trillion stimulus package to support the U.S. economy further after the fallout from the pandemic. The U.S. is not unique in that regards, as central banks around the world are maintaining very supportive monetary policies and growing their balance sheets to record levels. The threat of global currency debasement is real and continues to increase the longer the pandemic restriction remains in effect. Therefore, the issue may not be which is