Norfolk Metals

Norfolk Projects Updates

Norfolk Metals Ltd (ASX:NFL) (Norfolk or the Company) initiated a soil program at the Roger River Project (Tasmania) to obtain a better understanding of the copper and gold mineralisation to guide the next exploration phase and potential drilling.


  • Roger River Project (Tasmania) soil study complete with successful reanalysis of historical samples
  • Norfolk awarded permit EL6948 expanding both Orroroo and Johnburgh Projects (South Australia) further west
  • Norfolk commences review of complimentary projects to the South Australian uranium project suite, amongst other projects elsewhere
  • Strong cash position at A$3.49m December 2023 quarter

Figure 1: Soil study showing new and historical sample locations

Roger River (Tasmania) Update

The program focus was to provide a lateral vector or a possible surface trend or strike to the native copper (Cu) mineralization intersected in hole 22RRD-001 at Anomaly 2 (A2). The soil program consisted of new surface samples and the re-analyses of selected historical samples (not previously sampled for Cu) being submitted for Cu (multi-elements) analysis.

Figure 2: Roger River Project Location

New surface samples were collected on a 200 x 100m grid around A2 with a total of 98 samples collected covering an area of approximately 1.2km x 1.5km over the interpreted splay from the Roger River Fault. The results revealed a maximum of 11 ppb for gold (Au), 221 ppm for copper (Cu) and 35 ppm for arsenic (As). Gridding and plotting of both gold and arsenic results revealed linear anomalies that are coincident with the interpreted main structures (splays) considered as potential conduits for the mineralizing fluids in the Roger River epithermal system (Figure 1).


Click here for the full ASX Release

This article includes content from Norfolk Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

The Conversation (0)
LaFleur Minerals (CSE:LFLR)

Analyst Report Cites Positive Momentum for LaFleur Minerals with Beacon Mill MOU

Description

A recent analyst update from Red Cloud Securities is emphasizing the significance of a newly signed memorandum of understanding (MOU) between LaFleur Minerals (CSE:LFLR) and Granada Gold Mine, which could accelerate LaFleur’s path to production. The report highlights the company’s progress toward restarting its 100 percent owned Beacon mill and in advancing its Swanson gold project, both located within the prolific Abitibi Gold Belt in Quebec, Canada.

Keep reading...Show less

Newmont Announces First Quarter 2025 Earnings Conference Call

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) will release its first quarter 2025 results after North American markets close on Wednesday, April 23, 2025 . A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day , which is 7:30 a.m. Australian Eastern Standard Time on Thursday, April 24, 2025 . A replay of the webcast will be available through the Company's website.

Conference Call Details

Webcast Details

Title: Newmont First Quarter 2025 Earnings Conference Call

URL: https://events.q4inc.com/attendee/482927766

The webcast materials will be available Wednesday, April 23, after North American markets close, under the Investor Relations section of the Company's website. Additionally, the conference call will be archived for a limited time on the Company's website.

About Newmont

Newmont is the world's leading gold Company and producer of copper, zinc, lead, and silver. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont's sustainability strategy and initiatives, go to www.newmont.com .

______________________
1 For toll-free phone numbers, refer to the following link: https://www.netroadshow.com/events/global-numbers?confId=49005

Investor Contact – Global
Neil Backhouse
investor.relations@newmont.com

Investor Contact – Asia Pacific
Natalie Worley
apac.investor.relations@newmont.com

Media Contact – Global
Shannon Lijek
globalcommunications@newmont.com

Media Contact – Asia Pacific
Rosalie Cobai
australiacommunications@newmont.com

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
AGNICO EAGLE ANNOUNCES INVESTMENT IN RUPERT RESOURCES LTD.

AGNICO EAGLE ANNOUNCES INVESTMENT IN RUPERT RESOURCES LTD.

Agnico Eagle Mines Limited logo (CNW Group/Agnico Eagle Mines Limited)

Stock Symbol: AEM (NYSE and TSX)

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
North Bay Resources Announces Discovery of Mass Tonnage Gold Deposit up to 149m  Grading 0.95 g/t Au, Fran Gold Project, British Columbia

North Bay Resources Announces Discovery of Mass Tonnage Gold Deposit up to 149m Grading 0.95 g/t Au, Fran Gold Project, British Columbia

North Bay Resources, Inc. (the " Company " or " North Bay ") (OTC: NBRI) is pleased to announce analyses and compilation of prior exploration work at the Fran Gold Project has resulted in the discovery of a mass tonnage gold deposit. This includes review of diamond drilling in 2001, 2005, 2006, 2012, and 2018 as well as geochemical, geophysical and 3D modelling data. Past exploration and development, including over 18,000m (55,000ft.) of diamond drilling, has shown very large intercepts of up to 149m (489 feet) of 0.95 gram per ton gold. The deposit area has been identified to be in excess of 1000m x 100m x 300m within a known strike length of 1700m. This represents an exploration potential of 79,500,000 tonnes at a specific gravity of 2.65. At an average grade of 0.8 grams per tonne the current potential is 2M ounces. There is sufficient data to immediately proceed with a NI 43-101 Compliant Mineral Resource Estimate . The Fran Gold Project is next to Centerra Gold's (TSX:CG) Mt. Milligan Project, with Reserves of 264Mt grading 0.3 gram per tonne gold and 0.2% copper and proximate to Artemis Gold's (TSXV:ARTG) Blackwater Mine, with Proven and Probable Reserves of 334Mt grading 0.8 grams per tonne gold. Both Mt. Milligan and the Blackwater Mine are two of the largest new mines in North America in the modern era. The Blackwater Mine has a Measured and Indicated Resource in excess of 10M ounces of gold.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
B2Gold Announces TSX Approval for Normal Course Issuer Bid

B2Gold Announces TSX Approval for Normal Course Issuer Bid

B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (" B2Gold " or the " Company ") announces that, further to the press release of the Company dated January 13, 2025 (the " Announcement PR "), the Toronto Stock Exchange (the " TSX ") has accepted the notice of B2Gold's intention to implement a normal course issuer bid (the " NCIB ").

The Company's decision to approve the NCIB is consistent with its amended shareholder return strategy outlined in the Announcement PR, and reflective of the Company's belief that the market may undervalue the common shares of B2Gold (the " Shares ") from time to time and that the Shares may trade in a price range which may not adequately reflect the value of the Shares in relation to the business, assets, and prospects of B2Gold from time to time and that purchases of Shares pursuant to the NCIB may represent an appropriate and desirable use of the Company's capital.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×