- Write by:
-
Wednesday, June 24, 2020 - 10:35:52 AM
-
580 Visit
-
Print
Mining News Pro - South Australian exploration company Marmota is using biogeochemical sampling of tree leaves to unearth new gold deposits in the prospective Gawler Craton.
Marmota has already used the tree sampling technique to advance exploration in the area, which was successful in discovering the north-west tank at the Aurora tank gold project.
The deposit boasts multiple high-grade gold intersections that were discovered when Marmota detected elevated levels of gold in the leaves of trees at the surface of the deposit.
This included a discovery hole that featured an intersection of 105 grams per tonne, 38 metres below the surface of the trees.
The South Australian government has pledged its support to Marmota’s tree sampling work with a $225,000 grant under the Accelerated Discovery Initiative (ADI).
As announced by South Australian Minister for Energy and Mining Dan van Holst Pellekaan, the ADI, which is designed to support innovation in the exploration sector, will support Marmota’s further biogeochemical exploration.
“The grant will significantly accelerate our biogeochem gold exploration program and expand its scope,” Marmota chairman doctor Colin Rose said.
“Marmota is delighted to receive the ADI grant (and) we extend our grateful appreciation to the Department of Energy and Mining and to the South Australian Government.”
Launched last November, the ADI will provide a total of $10 million in grants to open up South Australia’s untapped mineral and groundwater resources.
The grants will support drilling programs, innovative technologies, logistical support for greenfield projects, encouraging Aboriginal employment during exploration, identifying and testing new groundwater resources and testing new concepts with geophysical programs.
“Previous government-funded mineral exploration focussed on drill targets but the expanded scope of the ADI will have multiple environmental and social benefits, as well as driving significant economic gains,” van Holst Pellekaan said.
Short Link:
https://www.miningnews.ir/En/News/552980
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
Africa-focused Montage Gold announced Thursday it has received a ministerial order granting all environmental approvals ...
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, ...
Gold rose after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the ...
Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in ...
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South ...
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s ...
Gold fell, with market watchers saying the previous day’s rally in response to Federal Reserve Chair Jerome Powell’s ...
No comments have been posted yet ...