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The Drill Down: Best Gold Assays (July 12-19)

The latest data, identified using the Mining Intelligence platform, reveals a series of impressive gold assays from various exploration and production stages around the world.

This week’s drill down focuses on the top gold assay results from July 12 – 19, highlighting notable findings from Predictive Discovery, Entrée Resources, and Santana Minerals. These results underscore the diverse geological settings and exploration strategies that are driving success in the gold mining industry. From high-grade, near-surface deposits to extensive mineralized zones, the projects featured this week demonstrate the dynamic nature of gold exploration and the potential for significant economic impact.

Bankan

Predictive Discovery’s Bankan project in Guinea reported an intersection of 22.22 g/t gold over 15.00 meters starting from a depth of 13.00 meters. This result emphasizes Bankan’s potential as a high-grade, near-surface gold deposit. Located in a highly prospective region, the Bankan project has consistently delivered significant assay results, underlining its potential to become a major gold producer. The project is part of the Siguiri Basin, which hosts several large-scale gold mines, enhancing its strategic importance. Predictive Discovery has been conducting extensive drilling programs to expand the resource base, focusing on both infill and step-out drilling. The company’s strategic approach aims to delineate further high-grade zones and understand the geology better, which could lead to substantial resource growth. With continued exploration success, Bankan is positioned to significantly enhance Predictive Discovery’s portfolio and contribute to Guinea’s mining sector.

Oyu Tolgoi JV

At the Oyu Tolgoi JV project in Mongolia, Entrée Resources reported an assay of 0.57 g/t gold over 574.30 meters from a depth of 49.70 meters. This result highlights the extensive mineralization and bulk tonnage potential of the Oyu Tolgoi JV project. Located in the South Gobi region, the project is part of one of the world’s largest undeveloped copper-gold systems. The Oyu Tolgoi JV, which is a partnership with Turquoise Hill Resources and the Mongolian government, benefits from substantial existing infrastructure and a supportive mining jurisdiction. Entrée Resources has been focused on advancing the project through systematic exploration and comprehensive resource delineation efforts. The long intersection of mineralization reflects the project’s potential for large-scale mining operations. As the project progresses, the company aims to optimize the resource base and develop a detailed understanding of the orebody to enhance the project’s economic feasibility.

Bendigo-ophir

Santana Minerals’ Bendigo-Ophir project in New Zealand reported an assay of 5.80 g/t gold over 41.80 meters from a depth of 167.30 meters. This high-grade intersection underscores the project’s potential for high-grade gold production. The Bendigo-Ophir project is located in Central Otago, a region with a rich history of gold mining dating back to the 1860s. The project area covers several historically mined goldfields, providing a strong geological foundation for current exploration activities. Santana Minerals has been employing advanced exploration techniques to uncover new high-grade zones and expand the existing resource. The recent assay results highlight the extensive mineralization and confirm the presence of significant gold grades. Santana Minerals is committed to advancing the project through further drilling and resource modeling, aiming to establish Bendigo-Ophir as a major gold resource in New Zealand. The strategic location, combined with modern exploration methods, positions Bendigo-Ophir for substantial future growth and development.

These assay results from Predictive Discovery, Entrée Resources, and Santana Minerals highlight the ongoing exploration efforts and potential of their respective projects. As these companies continue to advance their projects, further developments and contributions to the mining sector are anticipated. The promising assay results not only reflect the success of current exploration strategies but also underscore the potential for future growth and resource expansion within these projects. As the mining industry evolves, these projects serve as examples of the dynamic and promising nature of gold exploration across different regions.

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