INTERCEPTS Fri 22/08/2014

Mako Lode looks better for Castlemaine

10th Apr 2012

MELBOURNE, Apr 10 – Castlemaine Goldfields has increased the JORC inferred resource for the high grade Mako Lode in the Ballarat gold mine in Victoria, Australia by 25% to 47,700oz.

Following positive exploration results from the Britannia compartment drilling program, the updated resource of 160,000t at 9.5g/t (grade sensitivity range of 6-11g/t) includes for the first time a hanging wall lode known as the Tiger Up-Dip Lode now subject to cross-cut development as an ore source. The estimate is after depletion of 7800t mined to date.

With infill diamond drilling in the Britannia compartment nearing halfway (four of the planned nine sections of holes), five areas have been prioritised for infill drilling.



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Energy kicks in … long after the start
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AIMEX to run every two years
Leaders to gather at Broken Hill
Mining events diary 2012
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Alcoa cuts output
Alcoa lifts aluminium pall
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Bannerman welcomes alliance
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Big jump in Turner River resource
Big quarter shifts Focus
Borborema hits could lift Crusader target
Brockman contract snared by Norfolk
Canada promises fixed project approval deadlines
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CDC looks for Hinoba-an out
China sets up rare earth group
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Energizer emboldened by graphite results
Exalt eyes change in status
Excelsior expands Kalgoorlie project
Extra Crater share for Gold Anomaly
Fire River ready to develop Nixon Fork
Forte ups A238 ante
Gold One gets output boost
Good Ballarat prospects for Castlemaine
Goongarrie sees grade boost
Graphite results power Energizer
Greece to speed Eldorado growth
Heritage split to aid Talisman progress
IMX secures supply deal
Integra into Cock-Eyed Bob ore
IronClad finds a smart shipping solution
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Joint army, police, government operation against illegal miners on Sihayo ground
Labrador's James restart
Leighton wins 7yr Indo contract
Magma fights for WA exploration rights
Mansell joins gold company
Masbate hits target rate
McCauley promises to clean out Capital
Minbos posts Angola resource
Mine life extended at Nullagine
Mineral Ridge alliance dissolves
Ming switch on for Rambler
Modikwa production restarts
Molycorp rises at Mountain Pass
Mundo sees exit sign
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Norwich Park shutdown
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Randgold feels better about Mali
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Rubianna picks up the pace
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Togo phosphate up for grabs
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Mining IT briefs: Orange Business Services, Micromine, Intergraph
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CAE flies into mining simulation
People on the move: AAMIG, Mesa, Burey Gold, Carbine Tungsten
Yeah but no but …