ORS, CEE, ARK
One of my small speckie holdings, Orestone Metals aka ORS, had been suspiciously quiet the last while. They hadn't mentioned their Resguardo Cu/Au prospect in Chile for years, and the planned drilling on their Captain Au/Cu prospect in BC has just not happened. Now we hear about their latest initiative, optioning 75% of Cascadero Copper's 56.8 sq km Las Burras-Incahuasi Cu/Au/Mo porphyry property in Salta province, Argentina.
The property contains two targets, with the emphasis on the the Las Burras zone, which lies at the bottom of a river valley, easily accessible and amenable to year round exploration. Previous drilling has yielded some intriguing intercepts, and ORS think they have a better handle on where the core of the porphyry lies. To that end they will be carrying out a geophysics programme followed up by drilling.
I notice in the company description at the end of the PR, ORS still describes Captain as its main property. If that's so, let's get the drill turning!
Message 34807533
A few months ago, African gold miner Centamin aka CEE released a DFS for its Doropo project in Côte d'Ivoire. The numbers looked good, and I expect CEE to announce a positive construction decision next year once they have further advanced permitting and a few other aspects of the project. Today, CEE announced they have filed the associated Technical Report on SEDAR. I took a quick look and could not see anything important that wasn't already known, and now you can peruse the entire document an check for yourself to see if I am right
Message 34808920
Arras Minerals aka ARK released an update on the exploration programmes underway at a number of their 100%-owned prospects in in Kazakhstan.
At Bozshakol , a programme of geophysics has been completed and scout drilling of shallow holes to reveal what lies under the 10-40m of cover is underway. The results of this exploration will be used to guide a deeper drill porgramme next year.
At Elemes, geophysics is almost complete, and what they have seen so far along with past exploration has been used to guide a 5000m drill prgramme now underway with results expected in November.
At Tay, a programme of shallow drill holes designed to test the top of bedrock has been completed, along with a single deep hole designed to test a geophysical anomaly. Assays are pending.
It looks like we will know a lot more by the end of the year.
Message 34808938 |
