TREMENDOUS NEWS: CHECK IT OUT!
Breaking News from Australia: "Giants stalk mining's new frontier"
As the Insider Report was about to go to press with Part III of our "Diamonds In South Australia" feature, it was brought to our attention that the Australian Financial Review is carrying a breaking story in its Monday, April 6th edition. The story, entitled, "Giants stalk mining's new frontier" talks about how there is a multimillion dollar hunt for "elephant-size targets" by all of Australia's mining giants, including Rio Tinto, Placer Dome, MIM Holdings, Newcrest Mining and Normandy Mining.
The area covered in the story, called the "Curnamona Craton", is less than 100km from the Springfield Basin that has been the focus of our feature.
The story states, "Recent developments, including actual discoveries and an increasing understanding of the geology, indicate that the region is emerging as a new frontier for the discovery of world-class gold-copper and lead-zinc-silver deposits."
You can link directly to the story from this URL:
afr.com.au
This staking rush could have major impacts for juniors already located in the region. This gives us greater impetus to closely follow developments in Tiger International Resources [TGR.V]. Tiger's exploration effort is located in the Adelaide Geosyncline, strategically between the massive Gawler Craton and the Curamona Craton, where the recent exploration excitement is now reaching avalanche proportions. We will be monitoring TGR early Monday morning for signs of a breakout.
We will carry Part III of our feature after the market on Monday.
Insider Group
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