Tuesday, March 9, 2021
Gold Mining News Hub
  • Home
  • Gold News
  • Gold Mining
  • industry
  • companies
  • price
  • Gold & Silver
  • Diamonds
Gold Mining News Hub
No Result
View All Result
Home Gold News

Bezant Resources unearths further potential at Hope project as due diligence

July 16, 2020
in Gold News
2 min read
Bezant Resources unearths further potential at Hope project as due diligence
Share on FacebookShare on Twitter


“This is an exciting potential project for the company and the more we dig into the archives, it becomes evident that resources quoted were the subject of extensive drilling programmes which gives us added confidence,” said chief executive Colin Bird

() told investors that due diligence for its proposed acquisition of the Hope Gold project in Namibia, is “progressing as anticipated” as it provided new details from ongoing technical work.

The company, in a statement, noted historical drilling information that has come to light during due diligence which creates further excitement and confidence for the project.

READ: Bezant to acquire stake in Hope project

“This is an exciting potential project for the company and the more we dig into the archives, it becomes evident that resources quoted were the subject of extensive drilling programmes which gives us added confidence,” Colin Bird, Bezant chief executive said in a statement.

“It is also evident that the contribution of gold has been neglected which in today’s times could in our view be quite significant.”

Highlight drill results among the historic data include 7.1 metres with a grade of 9.18% copper, 7.65 metres at 5.32% and 1.37 gram per tonne (g/t) gold, 4.4 metres at 7.79% and 1.73 g/t, 23 metres at 1.59% and 0.23 g/t, 10 metres at 5.72% and 0.56 g/t and 7.11 metres at 5.26% and 1.14 g/t.

Metallurgical test data indicates excellent recovery rates of 96% copper and 84% gold, Bezant noted.

The overall Hope project area has a mineral resource estimate (in accordance with JORC code) comprising 10.2mln tonnes at 1.9% copper and 0.3 g/t gold. Within that is the Hope deposit which contributes 3.09mln tonnes at 2.53% copper and 0.84 g/t gold.

Another deposit, Gorob-Vendome, hosts an estimated 3.83mln tonnes at 1.91% copper and 0.04 g/t – and historic drill data was also uncovered in the review. Highlights included 6.67 metres at 4.19% copper, 2.73 metres at 4.38 g/t copper and 5.25 metres at 3.41% copper.

Bezant noted that Gorob-Vendome has not previously been assayed for gold, so there is unrealised potential there meanwhile, more broadly, it also sees further excellent exploration potential.



Read More: Bezant Resources unearths further potential at Hope project as due diligence

Tags: BezantdiligencedueHopepotentialprojectResourcesunearths
Previous Post

Do recent strong share price moves from London’s junior miners herald a return

Next Post

Backcountry camping at Golden State Canyon Park moves to reservations only after

Related Posts

7 Reasons Gold Will Continue to Soar to Record Highs | The Motley Fool

7 Reasons Gold Will Continue to Soar to Record Highs | The Motley Fool

by Gold Mining News
July 31, 2020
0

This has not been an easy year for Wall Street and investors to digest. The coronavirus disease 2019 (COVID-19)...

AEX Gold says shares commenced trading on the AIM market of the London Stock

AEX Gold says shares commenced trading on the AIM market of the London Stock

by Gold Mining News
July 31, 2020
0

The AIM debut followed a fundraise which comprised a placing and direct subscriptions for an aggregate of 94,444,445 new common...

Stocks drop and bonds rally as GDP data unnerve investors

Stocks drop and bonds rally as GDP data unnerve investors

by Gold Mining News
July 30, 2020
0

Stock and crude oil markets dropped on Thursday after data laid bare the enormous damage the coronavirus pandemic has...

BT and NatWest results in focus on Friday

BT and NatWest results in focus on Friday

by Gold Mining News
July 30, 2020
0

Other updates on Friday are expected from Glencore, Pets at Home and British American Tobacco The week of banking interims...

Six Feet Apart Is the Gold Standard, but Should It Be?

Six Feet Apart Is the Gold Standard, but Should It Be?

by Gold Mining News
July 30, 2020
0

Exploring the origins, and difficulties, of the 6-foot ruleIt may have been the most bizarre card game in history.Groups...

0 0 vote
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Today Gold News

IronRidge completes acquisition of highly prospective portfolio in Côte d’Ivoire

IronRidge completes acquisition of highly prospective portfolio in Côte d’Ivoire

July 4, 2020
Panthera Resources inks deal to divest Labola and Kalaka gold projects

Panthera Resources inks deal to divest Labola and Kalaka gold projects

July 22, 2020
It’s two from two: Kincora Copper hits more encouraging mineralisation at

It’s two from two: Kincora Copper hits more encouraging mineralisation at

June 22, 2020
Gold Price 6 July: Gold Price Drops to Rs 48,072 Per 10 Gram

Gold Price 7 July: Gold Price Drops to Rs 48,145 Per 10 Gram

July 8, 2020
Gold Price 6 July: Gold Price Drops to Rs 48,072 Per 10 Gram

Gold Price 6 July: Gold Price Drops to Rs 48,072 Per 10 Gram

July 6, 2020

Gold News

7 Reasons Gold Will Continue to Soar to Record Highs | The Motley Fool
Gold News

7 Reasons Gold Will Continue to Soar to Record Highs | The Motley Fool

July 31, 2020
AEX Gold says shares commenced trading on the AIM market of the London Stock
Gold News

AEX Gold says shares commenced trading on the AIM market of the London Stock

July 31, 2020
Stocks drop and bonds rally as GDP data unnerve investors
Gold News

Stocks drop and bonds rally as GDP data unnerve investors

July 30, 2020
BT and NatWest results in focus on Friday
Gold News

BT and NatWest results in focus on Friday

July 30, 2020
Six Feet Apart Is the Gold Standard, but Should It Be?
Gold News

Six Feet Apart Is the Gold Standard, but Should It Be?

July 30, 2020
Ariana Resources PLC’s Kerim Sener says the growth story is about consistent
Gold News

Ariana Resources PLC’s Kerim Sener says the growth story is about consistent

July 30, 2020
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • CCPA
  • DMCA

© 2020 Goldminingnewshubb.com

No Result
View All Result
  • Home
  • Gold News
  • Gold Mining
  • industry
  • companies
  • price
  • Gold & Silver
  • Diamonds

© 2020 Goldminingnewshubb.com

wpDiscuz