Nevsun Exploration Expanding Bisha Regional Resources in Eritrea

Nevsun Resources has reported new assay results from drilling at the Asheli prospect that is part of an ongoing regional exploration program at its Bisha operations in Eritrea. Nevsun discovered the Asheli deposit in April 2015, with initial exploration focusing on a 700-m-long section of highly sericite- and chlorite-altered felsic volcanics and associated small, pod-shaped surface gossans. Limited historical drilling had intersected only narrow stringer-style mineralization, with minor chalcopyrite and sphalerite, but no massive sulphides.

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Seabridge Grows its Deep Kerr Gold-Copper Resource

Seabridge Gold has reported an updated mineral resource estimate for the Deep Kerr gold-copper deposit at its 100% owned KSM project in northwest British Columbia, Canada, that increases the deposit’s inferred resource to 1.01 billion metric tons (mt) grading 0.35 g/mt gold and 0.53% copper. Contained metals total 11.3 million oz of gold and 11.8 billion lb of copper.

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12 Rigs Drilling on the Waterberg Joint-venture Project

Platinum Group Metals and JOGMEC have expanded the drilling program on their Waterberg joint venture project on South Africa’s Bushveld Complex to 12 drill rigs. The expanded program is scheduled for completion by March 31 and will be followed by an updated resource calculation that will be incorporated into an ongoing pre-feasibility study.

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