March 2014 Exploration Briefs

Golden Star Resources reports that ongoing exploration activity at its Wassa gold mine in southwest Ghana is producing encouraging results, both from step-out and infill drilling.

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February 2014 Exploration Briefs

Fission Uranium initiated at 90-hole winter drill and geophysical program at its Patterson Lake South (PLS) property in Saskatchewan’s Athabasca Basin in mid-January. Drilling at the high-grade uranium discovery is focusing on further delineating the seven shallow-depth zones identified to date while working to eliminate the gaps between the zones. Additionally, 15% to 20% of the drilling will test a number of high-priority targets identified through geophysics and radon gas surveys.

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January 2014 Exploration Briefs

Harmony Gold and Newcrest Mining are undertaking a feasibility study to evaluate an underground exploration program at their Wafi-Golpu gold-copper project in Morobe province, Papua New Guinea (PNG). The Johannesburg office of WorleyParsons TWP has been engaged to prepare the feasibility study for a proposed exploration shaft for consideration and approval by the 50:50 joint venture.

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December 2013 Exploration Briefs

TomaGold and Iamgold have finalized an option agreement whereby Iamgold may earn a 50% interest in each of TomaGold’s Monster Lake, Winchester and Lac à l’Eau Jaune properties near the Chibougamau mining camp in northwestern Quebec for a total of $17.575 million, including $16 million in exploration work and $1.575 million in payments over five years. 

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