- Published: Tuesday, 16 May 2017 18:11
- Written by E&MJ News
Golden Star Resources’ 2017 exploration strategy in southwest Ghana is focusing on increasing the lives of its Prestea and Wassa mining operations. Phase one of the program includes 48,000 m of drilling, with the option of expanding the program if the results are positive.
Gold Road Resources has budgeted $A30 million for 2017 exploration on the North Yamarna, Gruyere, and South Yamarna projects located about 200 km east of Laverton, Western Australia. North Yamarna is owned 100% by Gold Road; Gruyere is a 50:50 joint venture between Gold Road and Gold Fields Ltd; and South Yamarna is a 50:50 joint venture between Gold Road and Sumitomo.
Richmont Mines reports that recent exploration drilling has identified new high-grade mineralization approximately 800 m east of the main deposit at its Island Gold mine 83 km northeast of Wawa, Ontario. The 2017 drilling program continues to build on positive results achieved in 2016 and is focused on three key priorities: to expand near-mine resources outside the Expansion Case PEA area, both laterally and at depth; to further expand the reserve base, primarily within the Expansion Case PEA area; and continuing to test high-priority regional gold targets across the prospective Island Gold property.