Livewire Exploration Watch
Emmerson Resources released drill results from its 100% held Edna Beryl prospect 40km north of the historic Tennant Creek gold workings including 5 metres at 35.6 g/t Au from 120 metres down hole and 3 metres at 9.1 g/t Au from 136 metres from one mineralised position and further high grades from a deeper prospective position. Windward Resources reported results from 39 shallow air core holes drilled at the 70% held Western Margin prospect located within 4km of the Nova Bollinger mine development in the Fraser Range of Western Australia. Only trace base metal signatures were recorded with anomalous nickel levels in one hole and anomalous copper in two holes. Southern Gold is awaiting drilling results from a diamond drilling program at one of its newly acquired South Korean gold prospects. The Kochang prospect has historical very high grade gold in quartz workings. The company is seeking potential extensions of known mineralised shoots. The company has attracted exploration co-funding from state-owned KORES.
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
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