Torian Resources Ltd (ASX:TNR) is pleased to advise that recent drilling results continue to extend the Mt Stirling Gold System over ~1.1km of Strike, ~300m at depth, and it remains open in multiple directions.
Saracen Mineral Holdings Limited
Saracen Mineral Holdings (ASX:SAR) is a shining example of the success being enjoyed by the new generation of Australian gold miners and their shareholders. Saracen is an ASX 200 listed gold mining company with annual production of over 300,000ozpa, with growing cash flows (forecast all-in sustaining cost of less than A$1,075/oz).
At the same time, Saracen has no debt thanks to its highly successful strategy of funding its project development from internal cash flows. Saracen's production comes from two WA projects, Carosue Dam Operation and its Thunderbox Operation. Both operations have long lives with extensive potential for further growth through exploration.
The combination of strong cash flow, no debt, and exploration upside has left Saracen perfectly positioned to take full advantage of the current gold environment. The proven board/Management team are focused on sustainable growth and adding value to key stakeholders.
Torian Resources Limited (ASX:TNR) is pleased to announce that assay results received from the Mt Stirling Gold Project continue to confirm strike extension of the Mt Stirling Gold System to the north west, with the system now confirmed over ~760m strike.
OzAurum Resources Ltd (ASX:OZM) is pleased to announce the first Reverse Circulation (RC) drilling results from nine holes for 1929 meters (m) of drilling at its Mulgabbie North Project situated two kilometres from the Northern Star Resources (ASX:NST) Carosue Dam Operations.
Torian Resources Limited (ASX:TNR) is pleased to announce a significant high-grade gold intercept discovered ~80m NW of the current defined resource estimate area .
OzAurum Resources Limited is pleased to announce that on 27 October 2020 its wholly owned subsidiary, OzAurum Mines Pty Ltd (OzAurum Mines), completed the acquisition of a 100% interest in the tenements and applications that comprise the Mulgabbie and Patricia gold projects in the eastern goldfields of Western Australia.
~A$1M Pre-IPO Capital Raised for Two Advanced Gold Projects in a 30moz + Gold Corridor In Western Australia
OzAurum Resources is pleased to announce that OzAurum Resources Pty Limited, a Western Australian based, advanced gold exploration company has secured ~A$1M in over-subscribed pre-IPO funding to acquire 80% of two advanced gold projects, Mulgabbie North and the Patricia Project, in plus thirty-million-ounce gold province in Kalgoorlie.
Newly incorporated OzAurum is looking to take a portfolio of strategic assets that had been assembled over almost 30 years by founder and managing director Andrew Pumphrey to the ASX next year.
Torian Resources Limited (ASX:TNR) is pleased to advise outstanding initial results from its Phase 1 RC drilling program focused on discovering depth extensions to historical gold intercepts at the Mt Stirling Gold Deposit.
Intermin Resources Limited (ASX:IRC) (FRA:I6R) wishes to advise it has reached agreement with Saracen Mineral Holdings (ASX:SAR) to divest Intermin's interest in the Lehmans Gold Joint Venture.
Intermin Resources Limited (ASX:IRC) provides the following joint venture update from Intermin's 100% owned JV project areas in Western Australia and Queensland. In total, the JV project areas cover over 2,000km2 of prospective tenure and hosts mineralisation including gold, vanadium, molybdenum, copper, nickel, Platinum Group Elements and zinc.