https://www.miningweekly.com
Copper|Exploration|Gold|Mining|PROJECT|Resources|Underground|Drilling
Copper|Exploration|Gold|Mining|PROJECT|Resources|Underground|Drilling
copper|exploration|gold|mining|project|resources|underground|drilling

AuTECO moving to grow Green Bay resource

21st November 2023

By: Creamer Media Reporter

     

Font size: - +

ASX-listed AuTECO Minerals is moving fast to grow the resources of its recently acquired Green Bay copper and gold project, which stands at 39.2-million tonnes at 2.1% for 811 000 t of copper-equivalent contained metal.

The company announced on Tuesday it had started underground mining of a 750 m exploration drill drive at the project, which is in Newfoundland, Canada.

The development is positioned to effectively target down dip extensions of both the upper high-grade copper/gold VMS horizons and the bulk Lower Footwall zone, which returned an intersection of 102 m at 1.7% copper 460 m from the starting point of the exploration drive.

“We are moving rapidly to grow the resource by infill drilling these areas of known high-grade copper. The drive will enable us to do this quickly and efficiently, with the first results expected next month and strong newsflow to follow from then,” said MD Steve Parsons.

AuTECO last month completed the acquisition of Rambler Metals and Mining.

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.203 0.245s - 150pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: