Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Intermin Resources grows mineral resource at Crake Gold Project in WA to more than 667,000 ounces

Proactive Investors Tuesday, 12 March 2019
Intermin Resources Limited (ASX:IRC) has recorded a mineral resource for the Crake Gold project, growing the total mineral resources to more than 667,000 ounces. New data from drilling has been used to compile a detailed independent mineral resource estimate compliant with the JORC 2012 code. The maiden independent mineral resource for Crake now stands at 1.12 million tonnes at 1.59 g/t gold for 57,000 ounces at a 1 g/t lower grade cut off. Mineralisation is open to the west and north and Intermin’s total mineral resource estimate is now at 10.38 million tonnes grading 2 g/t for 667,500 ounces at a 1 g/t lower grade cut off.     Intermin managing director Jon Price said: “The successful drilling in 2018 has clearly demonstrated the potential for the Binduli project area and resulted in a significant maiden resource for the Crake project. “We look forward to building on this in 2019 both at Crake and the other priority targets within the Binduli area and believe the project will play significant part in our future mine development plans.” A total of 85 reverse circulation holes for 8,096 metres of resource drilling was completed at Crake in 2018, resulting in an increase of 69% in the indicated resource category. Further breakdowns of ore types and categories are shown in the table below:     Further drilling is planned to test extensions to the mineralisation during 2019 targeting Crake and the greater Binduli project area such as the Coote, Darter and Honeyeater targets. Initial scoping studies assessing optimal mining and processing pathways for open cut mine development will begin in the current March quarter.  
Credit: Wochit - Published < > Embed
News video: Director Rupert Wyatt Opens Up About Decision To Depart Upcoming Halo Tv Series

Director Rupert Wyatt Opens Up About Decision To Depart Upcoming Halo Tv Series 00:57

Otto Bathurst was taking over the upcoming Halo Showtime TV series, and while many were excited for the news, the reason behind the former director's departure was unclear. Now Rupert Wyatt has revealed the reason why he decided to walk away from the project, and as unfortunate as it was to lose him...

Recent related videos from verified sources

$1,400 Gold Is Still In The Cards [Video]$1,400 Gold Is Still In The Cards

Gold needs to hold a critical support level for several trading sessions before a bottom can be consolidated, or prices could head even lower, said Todd "Bubba" Horwitz, chief strategist at..

Credit: The Street     Duration: 03:05Published

Three metal detectorists dig up £150,000 hoard of 550 gold and silver coins from 1300s [Video]Three metal detectorists dig up £150,000 hoard of 550 gold and silver coins from 1300s

A group of amateur metal detectorists dug up a 14th century hoard of more than 550 rare gold and silver coins worth an estimated £150,000. The four - including three Geordies - struck gold in a field..

Credit: Rumble     Duration: 01:34Published

Precious Commodities Worth (More Than) Their Weight In Gold [Video]Precious Commodities Worth (More Than) Their Weight In Gold

The saffron war of 1374 lasted 14 weeks driven by a notion that the spice could cure plague. It can’t. But people lost their heads over it. It’s not just gold, diamonds, and oil we cherish and..

Credit: Boating Magazine     Duration: 03:04Published

Project Safe Schools: McAlester district adds resource officer [Video]Project Safe Schools: McAlester district adds resource officer

Project Safe Schools: McAlester district adds resource officer

Credit: KJRH | Tulsa | Channel 2     Duration: 02:02Published

China Continues To Buy Gold As Central Bank Market Booms [Video]China Continues To Buy Gold As Central Bank Market Booms

China's gold-buying run is showing no signs of slowing down following the People's Bank of Chinas addition of even more of the precious metal to its reserves in March. The central bank's website..

Credit: Wochit     Duration: 00:35Published

Google 'Dragonfly' project continues in secrecy: Report [Video]Google 'Dragonfly' project continues in secrecy: Report

MOUNTAIN VIEW, CALIFORNIA — Google is carrying out secret reviews of Dragonfly, a censored search engine designed for China, according to a report by The Intercept. Google's infamous Dragonfly..

Credit: TomoNews US     Duration: 02:12Published

Jesse Eisenberg on depicting a 'Jesse Eisenberg type' in 'The Hummingbird Project' [Video]Jesse Eisenberg on depicting a "Jesse Eisenberg type" in "The Hummingbird Project"

It’s no surprise that Academy Award-nominated actor Jesse Eisenberg enjoys playing characters that are smart, aggressive and often greedy and selfish. But, Eisenberg revealed to Salon, he seeks out..

Credit: Salon-Editorial     Duration: 02:03Published

Mobile malaria project embarks on journey of Land Rover Discovery [Video]Mobile malaria project embarks on journey of Land Rover Discovery

Land Rover has been engineering vehicles capable of tackling the toughest terrain around the world for more than 70 years. Now it is working with the Mobile Malaria Project, winners of the 2018 Land..

Credit: AutoMotions     Duration: 01:09Published

Recent related news from verified sources

Vango Mining defines high-grade gold resource at Trident deposit in WA

Vango Mining Ltd (ASX:VAN) has defined a new high-grade mineral resource for the Trident gold deposit within its wholly-owned Marymia Gold Project in Western...
Proactive Investors

Meteoric Resources receives applications for $1.76 million in heavily oversubscribed SPP

Meteoric Resources NL (ASX:MEI) has received applications amounting to $1.76 million in a heavily oversubscribed share purchase plan (SPP) aimed at raising up to...
Proactive Investors

Cardinal Resources to release feasibility study for Namdini Gold Project this quarter

Cardinal Resources Ltd (ASX:CDV) has updated its feasibility study and project finance activities at its Namdini Gold Project in Ghana with expected delivery...
Proactive Investors

Regis Resources begins underground gold mine development at Rosemont

Regis Resources Limited (ASX:RRL) has begun underground mine development at its Rosemont Gold Project in WA with decline development advanced to more than 150...
Proactive Investors

Tietto Minerals has capital raising announcement pending and is granted a trading halt

Tietto Minerals Ltd (ASX:TIE) has been granted a trading halt by the ASX with an announcement pending regarding a capital raising. The trading halt will be in...
Proactive Investors

You Might Like

Other recent news in Business

AUSTRALIA Street: How important is climate change policy to you?Timeline of 2019 ELECTION campaign
S&P/ASX 200 futures pointing to slightly higher open heading into EASTERSuicide prevention focus of Labor's $115 million for Indigenous HEALTH
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.