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Exploring together for success bostech.com.au

supeRioR Result at plutoNic

A PEA on the Plutonic Main Pit project clearly
demonstrates the potential of significantly increasing
production at the Plutonic gold operations,
according to Superior Gold Inc’s management.
“The production from the open pit operations of
an average of 60,000 ozpa for six years, peaking
at 78,000oz in year three, will supplement our
existing production from the Plutonic underground
operations, potentially significantly boosting our
annual production levels. Importantly, the project
provides a steady base load of feed supply for
our primary mill, repositioning the Plutonic gold
operations for long-term success.” Superior Gold
interim chief executive Tamara Brown said in a
Early earthworks at the Golden Point underground portal at Macraes statement.
started in December The company expects to have a PFS on the project
completed by mid-2022, with potential upside
gold still iN chalice’s cup coming via removing open pit constraints, resource
expansion and exploration drilling.
Chalice Gold Mines Ltd will
The updated measured and indicated resource released at the
use the bulk of a recently same time as the Plutonic Main Pit PEA included 16.26mt @ 3.6
raised $100 million on
g/t for 1.89 moz gold and inferred resources 30.55mt @ 3.1 g/t for
resource definition drilling 3.07 moz.
at Gonneville where the
Julimar PGE-nickel-copper-
cobalt-gold project is subject caRaWiNe compass oN tRopicaNa NoRth
to scoping and PFS studies. Carawine Resources Ltd had two rigs operating at the Tropicana
While market attention and North gold project, in the Tropicana and Yamarna regions of Western
$41 million will be focused Australia’s North Eastern Goldfields.
on 160,000m of diamond A campaign of 20 RC drill holes to test down-plunge and along strike
and RC resource definition from high-grade gold mineralisation at the Hercules and Atlantis
drilling at Gonneville, near prospects.
Perth, ahead of a maiden
The 3,000m RC programme is targeting extensions to high-grade
resource in mid-2021,
Chalice managing director Alex gold mineralisation at the Hercules (3m @ 12 g/t gold from 49m and
Chalice has budgeted a
Dorsch has his hands full not only 10m @ 4.02 g/t from 127m) and Atlantis (15m @ 21 g/t from 50m)
further $20 million to be
at Julimar, but also with eight rigs prospects.
spent on exploration drilling drilling two greenfields projects in
at the Pyramid Hill gold WA and in the Victorian goldfields Additionally, a campaign testing additional gold targets along the
project in Victoria plus the Hercules shear zone and a further 20 aircore holes to follow up gold
anomalies at Don King, southwest of Tropicana, were also planned.
West Yilgarn nickel-copper-PGE province in Western Australia
as well as the Hawkstone nickel-copper-cobalt project.

Industry leaders in Aircore

Deep hole Reverse Circulation

Experienced in complex remote exploration drilling

29a Clayton St, Bellevue WA 6056

www.bostech.com.au 08 9250 4252

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