Aureka jags gold from first drilling at Stawell western flank

Aureka jags gold from first drilling at Stawell western flank

Aureka Limited has potentially unearthed a new gold zone from first drilling at the western flank of its Irvine project, in Victoria’s gold-rich Stawell region.

Aureka Expands Gold Prospectivity at Irvine

Aureka (ASX:AKA) has confirmed gold mineralization on the western flank of the Irvine Basalt at the Resolution lode, potentially opening up a new area of gold prospectivity at its Irvine Gold Project. The initial assay results show similarities to the Magdala Basalt, which hosts the Stawell Goldfield. Aureka, with a market capitalization of $12.8 million, is reviewing follow-up programs to incorporate the new area of interest at Irvine. Managing…

Sipa Resources Enhances Gold Prospectivity at Tunkillia North

Sipa Resources Limited (ASX: SRI) has released an update on its gold exploration activities at the Tunkillia North Gold Project in South Australia. The update focuses on the results of a detailed historical helimagnetic survey that Sipa has integrated with regional magnetics. The company’s work has identified several subsidiary structures associated with the Yerda Shear Zone, which underlies a large calcrete gold geochemical anomaly at Tunkillia…