RED5 GROWS DARLOT RESOURCE
Red5 has announced a maiden jorc resource for its newly acquired Darlot operation in Western Australia’s eastern goldfields, more than quadrupling the last reported estimate.
Red 5 records major increases in resource and reserve number at Darlot gold mine
New JORC studies have helped Red 5 Limited (ASX: RED) record significant increases in the Ore Reserve and Mineral Resource estimates for the Darlot Gold Mine in Western Australia.
“The information seismic surveying gives us is unparalleled technically in my view, let alone providing, on a bang-for-buck cost basis, a very, very good dataset for the money that you spend”
How Northern Star’s Zodiac gold discovery transformed after applying 3D seismic surveying.
SEISMIC SHIFT FOR HISEIS
The majority of the shares in mining services company HiSeis Pty Ltd have been sold to a syndicate of investors represented by Azure Capital Ltd and Sternship Advisors.
Mining innovator unearths seismic interest
In a deal that will is hoped to provide a catalyst for the international expansion plans of mining services company HiSeis Pty Ltd, a majority shareholding of the founding shareholders, including Curtin University, has been sold to a syndicate of investors represented by Azure Capital Ltd and Sternship Advisors.
Target was generated from a 3D seismic survey performed over 10km² which will continue to enhance the geological understanding of Jundee
Presentation about how Northern Star managed to expand their life of mine with 10 years by applying seismic survey to their Zodiac discovery.
Significantly the 3D seismic survey maps the location of both known fault/vein systems as well as a significant number of other faults likely to host epithermal veins.
The 3D seismic survey maps the location of both known fault/vein systems as well as a significant number of other faults likely to host epithermal veins.
Based on 3D models created using recently acquired seismic data, two new diamond drill holes were planned, each planned to drill to a minimum depth of 600m.
A new prospective ultramafic-amphibolite sequence identified below the current deposit and further significant intersections from existing deposit were discovered. How the use of 3D seismic survey has the potential to significantly influence the future and direction of exploration strategy and growth potential.
Seismic promises a revolution for mineral explorers
The use of seismic in mineral exploration is undergoing a revolution, with HiSeis in the forefront of the trend.