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gold-investing

Nyota Commences Drilling at Tulu Kapi Gold Project

Investing News Network
Jun. 11, 2012 06:36AM PST
Precious Metals Investing

Mining Weekly reported that Nyota Minerals (ASX:NYO) has begun exploration drilling at its Ethiopia-based Tulu Kapi gold project.

Mining Weekly reported that Nyota Minerals (ASX:NYO) has begun exploration drilling at its Ethiopia-based Tulu Kapi gold project.

As quoted in the market news:

Initiated with Wardell Armstrong International, the drilling programme is aimed at converting a further 260 000 oz of inferred resources to indicated status by the end of the fourth quarter. This should result in significant upside to the DFS and confirm a mine life of at least 10 years.

Click here to read the full Mining Weekly report.

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