New gold zones for Bright Star
21st Aug 2012
AUGUST 21: Drilling at Bright Star Resources’ Miyabi gold project in Tanzania has identified a new gold zone at the Chui prospect.
The new zone offers potential to increase the current 520,000oz gold resource.
Chui lies 1km along strike from the recently discovered Dalafuma prospect, south of the known gold resource.
Drilling at Chui returned 11m at 23g.t gold from 54m, while at Dalafuma results included 12m at 12.6g/t from 66m and 24m at 10.6g/t from 21m.
Bright Star is planning follow up drilling at both prospects.
Also in the August 15 - 21, 2012 edition
- AFRICA
- Some good news from Africa’s west
- ASIA DESK
- Lynas progress hangs on poll
- AustMETS
- Hofmann bets on repeating unique formula
- COAL
- Indo nuances not foreign to Asian investors
- CONSULTING
- Coffey boss promises smoother ride from here
- Consulting firm urges reality check
- Consulting leader moving with the times
- Mid-term mark is A-plus for emerging firm
- EUROPE
- Clear case of value in numbers
- EVENTS
- Twenty-one comes to D&D party
- EXPLORATION
- More good exploration results; what’s going on?
- FINANCE
- Paladin move heads off suitors
- The rise of computer trading on the ASX – are mum and dad investors getting burned?
- GOLD
- Moolart Well returns likely to overflow
- INTERCEPTS
- Aid funding plan for Hummingbird project
- Allied Nevada on schedule for Hycroft expansion
- Altura expands Indonesian coal interests
- AMEC wins new Dundee work
- Anglo completes De Beers share deal
- Arrium to double iron output
- Artisan mine collapse kills 60 - report
- Atna secures funds for Nevada mines
- Ausenco boosts half year profit
- Battling Mincor turns small profit/div
- Bear Creek nears Corani study
- Berkeley lines up Zambian ore
- BHP drops project after profit fall
- BHP warns on coal jobs
- Boikarabelo coal project costs slashed
- Brierty lifts profit by 10x
- Calibre growth keeps it ahead of prospectus
- Calibre wins Rio iron ore project
- Calypso shuts down to save cash
- CDB covers Gindalbie mine currency shortfall
- Clancy seeks exodus of Genesis directors
- Clean-up continues at Gold Fields KDC complex
- Cleveland raises cash for Brazilian projects
- Cleveland, BCI team up in Brazil
- Conference delegates to get Rio auto-mining latest
- Coventry pushes Cameron project study
- Doray secures 100% of Andy Well
- Edenville lifts Tanzanian interest to 90%
- First gold for Tanzania’s newest mine
- Hands-on approach working for Central Rand
- Haranga gets positive Selenge review
- Illegal strikers stop Bafokeng mine
- Komatsu feels pinch
- Kootenay lifts Promotorio silver resource
- Krucible wins Getax support for Korella project
- Liontown raising for imminent drilling
- Lonmin fights looming funds crisis
- Lonmin orders miners back to work
- Lonrho’s big diamond find
- Lower costs return Impact to modest profit
- Macmahon bursts back with record results
- Matilda shipments underwrite new HMC project
- Matsa, Panoramic finalise Mt Henry JV
- Miner finds production harmony
- Minerals sector underlines Imdex profit
- Monument upgrade allows extra flexibility
- More deaths in Marikana violence
- Mutiny increases Deflector resources
- Ncondezi power station green light
- Netscher joins Bullabulling board
- New Mexican silver mine production this year
- Nickel price slices Western Areas profit
- Norwegian fluorspar project closer
- NWI enters integrated infrastructure agreement
- OceanaGold wraps up $255M finance package
- Octagonal agrees to treat Unity tailings
- OMH targets $70M capital raising
- Orsu wins approval for Kazakh project
- Ortac steps up Slovak gold project
- Padang approved for Paser acquisition
- PMI Gold gains more Obotan options
- Record-setter Monadelphous sees more growth ahead
- Red Kite steps into MacPhersons and Nimbus
- Regal hires African hands
- RNI eyes interest in Horseshoe Lights East
- Safety stoppages cut RBPlat profits
- Satellites give Western Hub more iron ore options
- Shaft fire cuts Co-O mine underground production
- Striking Lonmin workers face dismissal
- Study backs Kimberley rare earths project
- Ur-Energy waits on environmental okay
- Volta gains major Gabon iron ore project
- Western Areas prepared for good and bad
- Wits Gold moves to DBM feasibility
- Yamana moves fast at Cerro Moro
- Yandera polymetallic project closer
- YTC sees value from pre-drilling work
- Zambezi lines up Zambian project funds
- Zhaojin set to join global gold rush
- Zhaojin set to join global gold rush
- Zijin brings changes at Norton GF
- MINING INTELLIGENCE
- Closing the gaps in performance
- PEOPLE
- People on the move: SNC-Lavalin, Candente Copper, Torquoise Hill Resources, Stellar Securities, Quintiq
- SOUTH AMERICA
- Attention will turn soon enough to Brazil
- TECHNOLOGY
- Technology company moves beyond remote range
