Articles for tag: Alpha, drill, Eritrea, expand, Gold, Kerkasha, project, results, zones

April 26, 2024

Ron Finklestien

mining

Alpha drill results expand gold zones at Kerkasha project in Eritrea

Alpha has completed its first stage of more than 6,000 metres in a 20,000-metre drilling program at the site 135 km from Asmara, the capital of the northeast African country. The drilling was designed to test mineralization down plunge of the current mineralized lenses at Aburna, the company said in a release. “Drill hole ABD113 in the Northeast area has further confirmed the plunging high grade mineralized orientation at Aburna, extending the principal shoot down plunge,” president and CEO Michael Hopley said in Friday’s release. “The company is now well funded to accelerate exploration on the Aburna gold prospect as

March 26, 2024

Ron Finklestien

mining

Northern Star’s Ambitious Endeavor: A Gargantuan Leap in the Gold Mining Realm

The Grand Expansion Project As Northern Star forges ahead, seeking to extend the colossal Super Pit, the proposed expansion entails widening and deepening the current excavation. Additionally, the blueprint includes ramping up the Fimiston II tailings storage facility while birthing a new TSF (Fimiston III). The audacious plan also involves clearing up to 1868 hectares, with 1580 hectares of native vegetation potentially affected, as disclosed in the application to Western Australia’s environmental authority. A Bold Vision Unfolding In an unyielding demonstration of their commitment, Northern Star, a gold behemoth and the premier publicly listed gold producer in Australia, earmarked A$1.5

February 23, 2024

Ron Finklestien

mining

Zijin’s Ambitious Expansion Plans for Tibet Copper Mine Zijin’s Ambitious Expansion Plans for Tibet Copper Mine

Zijin’s Major Investment in Tibet Zijin has recently announced its grand ambitions to expand its presence in the Tibetan mining sector. The total investment required for the project has been estimated at 17.5 billion yuan ($2.43 billion). Scaling New Heights in Production If local authorities greenlight the third phase of expansion, Zijin’s Julong project could potentially elevate annual output to a staggering 200 million tons. This would firmly place it as the world’s largest single copper mine, a significant milestone for the company. Swift Execution and Capturing Markets In a move that underscores Zijin’s operational prowess, the company swiftly took