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    gold investing

    ABM Declares Resource for Buccaneer Gold Prospect in the Northern Territory

    Investing News Network
    Feb. 21, 2011 11:28AM PST
    Precious Metals Investing

    Mining Weekly reports that ABM Resources (ASX:ABU)) announced a Joint Ore Reserves Committee-compliant resource of 1,67-million ounces for its Buccaneer porphyry gold prospect in Australia.

    Mining Weekly reports that ABM Resources (ASX:ABU) announced a Joint Ore Reserves Committee-compliant resource of 1,67-million ounces for its Buccaneer porphyry gold prospect in Australia.

    The market news is quoted as saying:

    “It is one year since ABM started its mission to unlock the potential of Australia’s final frontier for gold in the Tanami-Arunta regions,” said MD Darren Holden.

    “We are delighted with the outcome of the first resource estimation for Buccaneer, which is presented after only five months of drilling on the prospect.”

    Click here to access the entire market news.

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