Test pit exploration success in Cambodia

Test pit exploration by Angkor Gold Corp at the Okalla West project in Cambodia has revealed a north trending gold anomaly at least 320 metres in length and 45 metres in width. Okalla West is within the company’s Banlung licence in Ratanakiri province.

Ongoing exploration in this area is being conducted by Angkor in cooperation with Blue River Resources.

The test pit program began in January. Near-surface samples were analysed using a screened metallic process.

The anomaly occupies the southern lobe of the larger 4sqkm surface gold anomaly and sits on top of clay-weathered bedrock. The gold anomaly is located over diorite intruding gabbro.

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New Philippines’ minister seeks balance

New Department of Environment and Natural Resources (DENR) secretary Roy Cimatu says he wants to balance conservation and mining interests in the Philippines. In indicating his intent to settle the bitter dispute between mining and environmental interests, he says there will be mining in the country, but only responsible mining.

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Bayan Khundii gold zone extended

Drilling at Erdene Resource Development Corp’s Bayan Khundii Gold Project in southwest Mongolia has further defined and expanded the high grade gold zone. The results, which include 80 metres @ 6.03 g/t gold and 56 metres @ 6.13 g/t, are the first received from the company’s 2017 drilling program.

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Draft PEA a boost for Metal Tiger

Metal Tiger has received the first draft of a preliminary economic assessment (PEA) for its Song-Toh and Boh Yai silver lead zinc mines in Thailand. The draft from consultant SRK has boosted confidence over mineralisation interpretation, mine schedule and project costs.

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