Ceylon Graphite purchases drill rig

Ceylon Graphite Corp’s wholly-owned subsidiary Sarcon Development (PVT) Ltd has purchased a HXY-2T type Core Drilling Rig to carry out drilling at its K1 Graphite Project in Sri Lanka. Drilling will initially be in the area identified during VLF ground mapping around the old mine site and then other parts of the grid.

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Slow progress at Runruno project

Metals Exploration continues to make slow progress at its Runruno Gold Project in the Philippines. The project remains in the ‘test running and debugging’ phase, having achieved this status midway through 2016.

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Encouraging results from Nakru drilling

Coppermoly has received the remaining assay results for the Nakru 1 prospect following exploration drilling at its most advanced project, the Mt Nakru Copper-Gold project in Papua New Guinea. The results have been described as being extremely encouraging.

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Gold resource at Aucu increases 93%

White Cliff Minerals has received a new JORC-compliant inferred resource estimate for the Aucu Gold Project in the Kyrgyz Republic. The resource has increased by 93% and now stands at 1.8 million tonnes grading 5.2 g/t gold for 302,000 ounces of gold.

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