Resources Top 5: New discoveries and imminent gold drilling

Resources Top 5: New discoveries and imminent gold drilling results


Resources Top 5: New discoveries and imminent gold drilling results
Mining
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Gold explorer Megado has assays pending
A drilling program at Scorpion–Fenix’ Pharos Iron Ore JV will be accelerated
Here are the biggest small cap resources winners in morning trade, Wednesday July 21.
 
Investors agreed, sending the $38m market cap explorer up ~40% in early trade.
New drilling results from 11 diamond drill holes at the Dikaki Prospect – one of 18 at Kroussou — confirmed shallow high-grade zinc and lead mineralisation within 40m of surface.
Highlight hits include 13.5m @ 5.3% Zn+Pb from 12.8m.
“The results support the potential for a large-scale shallow, flat-lying, broadly mineralised system with possible continuity across multiple zones which could allow simple open pit mining extraction,” the company says.

Related Keywords

Guinea , Gabon , Kroussou , Province De La Ngounie , Ethiopia , Woman , Bronwyn Barnes , Al Majaza , Apollo Minerals , Fenix Pharos Iron Ore , Wednesday July , Dikaki Prospect , Pharos Iron Ore , Fenix Resources , Iron Ridge Extension , Iron Ridge , Wash Hi Al Majaza , Middle Eastern , West African , East Alahin , கினியா , காபோன் , எத்தியோப்பியா , ஓமான் , ப்ரோன்வின் களஞ்சியங்கள் , அப்பல்லோ தாதுக்கள் , புதன்கிழமை ஜூலை , ஃபெனிக்ஸ் வளங்கள் , இரும்பு ரிட்ஜ் , நடுத்தர கிழக்கு ,

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