Positive PEA for Silver Bear’s M North

Silver Bear Resources has received a positive Preliminary Economic Assessment (PEA) for the Mangazeisky North (M North) deposit within the Mangazeisky Silver Project in the Republic of Sakha (Yakutia), Eastern Russia. The PEA investigates the integration of M North with the Vertikalny Central deposit as a single plant multi-pit operation.

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Barisan to sell Indonesian interests

Barisan Gold Corporation will sell its 80% equity interest in each of its Indonesian subsidiaries PT Gayo Mineral Resources and PT Linge Mineral Resources via a conditional sale and purchase agreement (CSPA) with a private Indonesian company.

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Infill drilling strengthens BKM project

Resource infill and extension drilling being completed as part of feasibility studies on Asiamet Resources’ Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia, continues to substantially de-risk the resource which underpins the project. The work is also improving the project’s potential economics.

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CapEx savings identified at Woodlark

The first phase of a cost review by Geopacific Resources at the Woodlark Gold Project on Woodlark Island in Papua New Guinea has identified the potential to reduce capital expenditure (CapEx) at the project. The review has outlined a 27% CapEx saving on the gold processing plant.

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