trending Market Intelligence /marketintelligence/en/news-insights/trending/amdji3nodhcgdde6arzamw2 content esgSubNav
In This List

Marindi Metals expands Western Australia gold portfolio

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Marindi Metals expands Western Australia gold portfolio

Marindi Metals Ltd. purchased a gold prospective tenement in the Forrestania Greenstone Belt of Western Australia from privately held Bar None Exploration Pty. Ltd. for A$20,000 and 3 million shares.

The tenement, called Great Southern, contains historical high-grade gold workings as well as unmined and untested drill intercepts. Marindi said Oct. 15 that the tenement complements the potential of its Forrestania gold-lithium project.

Ten random samples taken from several stockpiles around the historical open pit at Great Southern yielded grades of up to 9.95 g/t, the company said.

Additionally, Marindi was granted a tenement located to the south and directly along strike from Classic Minerals Ltd.'s Kat Gap gold prospect, where recent drilling returned high-grade results, including 10 meters at 30.77 g/t and 8 meters at 19.05 g/t.