Tag: investor

Can Latin Resources’ JORC take it up to Andromeda

Can Latin Resources’ JORC take it up to Andromeda

Latin Resources (ASX: LRS) this week announced a 207mt maiden JORC resource estimate at its 100% owned Noombenberry Halloysite-Kaolin Project. LRS has named its first deposit the Cloud Nine Deposit - the first Kaolin-Halloysite deposit defined within the company’s larger Noombenberry Project. The Could Nine deposit is located on the company’s 100% owned exploration licence E70/2622, which is situated approximately 350 kilometres to the east of Perth and to the south-east of the town of Merredin. The resource looks to be better than $475M capped Andromeda’s 210mt resource. A global Inferred Mineral Resource estimate for the Cloud Nine Deposit of 207 million tonnes of kaolinised granite has been reported by RSC, using an ISO Brightness (“ISO-B”) R457 cut-off of 75....

Can SVD follow Greatland Gold’s footsteps in Paterson Province?

Can SVD follow Greatland Gold’s footsteps in Paterson Province?

Investors are rushing into gold stocks as the precious metal continues to hit new highs. The gold price is now above AU$2,000/oz, for the first time ever, and it seems to have plenty more in the tank with forecasters tipping a rise to US$3,000/oz within a year. Just like the gold price, Western Australia’s Paterson Province is taking centre stage. Heavyweights Rio Tinto (ASX: RIO), Newcrest Mining (ASX: NCM), and IGO Ltd (ASX: IGO) each have a slice of prospective ground in this booming WA gold province and cash is pouring into the region. Outside of the ASX, one of the biggest gold stories out of the Paterson Province is that of London-listed Greatland Gold’s (AIM: GGP) Havieron discovery, which...