Brigus Extends Black Fox Orebody at Depth

The deepest intersection drilled to date at Brigus Gold’s Black Fox mine 75 km east of Timmins, Ontario, Canada, has intersected 40.71 g/mt gold over 26.75 m, including 103.20 g/mt gold over 8.35 m. The test hole was drilled from underground and intersected Black Fox mineralization at approximately 700 m vertical from surface, extending the mine’s west zone by an additional 300 m at depth. The orebody remains open for expansion laterally and at depth.

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October 2013

Polar Star Mining reported that BHP Billiton has completed a preliminary assessment of the 172,800 ha of exploration land held by Polar Star in northern Chile and has informed the company of its decision to proceed with four of the five blocks offered. In terms of acreage, this means that BHP Billiton will further its exploration efforts on approximately 130,900 ha of exploration ground owned by Polar Star.

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New Zealand Seeking PGM Minerals Exploration Tenders

The government of New Zealand has opened a competitive minerals tender process for companies interested in exploring for platinum group elements (PGMs) on five areas on the nation’s South Island. Interested companies are invited to submit work program-based bids. 

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Boart Longyear is Awarded Major Contract at Kibali

Boart Longyear announced in mid-August that it has been awarded a major contract for exploration drilling services at the Kibali gold mine in the Democratic Republic of the Congo (DRC). The contract has an expected duration of five years and value of up to $70 million. Drilling was scheduled to begin immediately.

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