Auteco Mineral is pleased to report a 30 per cent increase in the Inferred Mineral Resource estimate at its Pickle Crow Project, taking it to 2.23 million ounces at a grade of 7.8g/t gold. This estimate comprises a high-grade quartz vein component of 1.92Moz at 9.3 g/t and a broader near-surface alteration / banded iron hosted mineralisation style that contains 304,000oz at a grade of 3.8 g/t.
Drilling of high-grade veins outside the Resource in the Shaft 1 and Shaft 3 areas continues to deliver significant intersections, including: - 7.3m @ 33.3 g/t gold from 9.4m in AUDD0246 - 1.5m @ 35.2 g/t gold from 541.5m in AUDD0227 - 4.0m @ 11.0 g/t gold from 205.8m in AUDD0240 - 4.0m @ 6.5 g/t gold from 333.0m in AUDD0218 - 3.2m @ 3.4 g/t gold from 103.2m in AUDD0223 - 0.8m @ 13.9 g/t gold from 529.7m in AUDD0227 [...]
Mithril Resources is pleased to advise that it has executed a Farm-in and Joint Venture Agreement with Monax Mining whereby Monax is entitled to earn up to an 80% interest in Mithril's Limestone Well tenements by completing exploration expenditure of $2.5M over 5 years. Monax Mining Ltd. to earn up to 80% of Mithril's Limestone Well tenements by completing exploration expenditure of $2.5M over 5 years - Limestone Well [...]
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