InvestorsHub Logo
Followers 41
Posts 2363
Boards Moderated 0
Alias Born 01/14/2010

Re: None

Monday, 04/29/2013 7:58:23 PM

Monday, April 29, 2013 7:58:23 PM

Post# of 31326
This is what Managing Director said about Kat Gold Holdings 'Bibiani North Mine' on the Ekom Eya property.
Wayne Norris, Managing Director
http://www.brrmedia.com/event/99071/wayne-norris-managing-director
can be heard @ 1:30 – 2:00 on stream

The Bibiani North is basically to ensure we keep our prospecting Licenses in good standing, and obviously there is a lot of history around Bibiani North as well. It’s an old mine from 1907-1908 period, that has had no real modern exploration done on it.
We’ve in field drilled that and it is a requirement to keep the tenure in good standing, but some excellent results from that, and certainly higher grades than we expected there, but historically it was a high grade underground mine.


Quote:From NOBLE Re: Bibiani North Prospecting License

The Bibiani North conversion from a Prospecting License (PL) to a Mining License (ML) is in progress-with preliminary resource modeling and optimizations completed. The conversion is expected to be completed in the March 2013 quarter.


http://www.nobleminres.com.au/live/wp-content/uploads/2013/01/December-2012-Quarterly-Activities-Report.pdf

Looking for info from the Q1 for Noble Mineral Resources which I believe is due either tomorrow or Wednesday.

This week NOBLE updated their website with this:

An aggressive exploration program is also underway to add substantially to the existing resource base at Bibiani, with recent drilling returning spectacular high-grade results from near mine targets.


http://www.nobleminres.com.au/

http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Noble-presentation_Earths-Resources_June2012.pdf





Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RMSL News