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Tag: Roses Pride

Resource and confidence both up at Cracow Gold

Written by dev on . Posted in All News, Copper, Exploration, Gold.

Confidence in brownfields exploration has been buoyed after Australian copper-gold junior miner, Aeris Resources announced an updated Mineral Resource for the Roses Pride deposit at the company’s 100 percent owned Cracow Gold Operations in Central Queensland. 

The resource estimate represents a 260 percent increase in total contained gold ounces compared to the previously reported Mineral Resource in December 2019, said Aeris’ Executive Chairman, Andre Labuschagne. 

The updated Mineral Resource contains 177,000 tonnes at 4.6 grams per tonne gold for 26.1 thousand ounces of gold, Mr Labuschagne said.

A surface RC drill program completed. . .

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Rosy start to Aeris’ $13m exploration plunge

Written by dev on . Posted in All News, Exploration, Gold.

Aeris Resources has reported early success in drilling at the Roses Pride gold deposit - a priority target among the tenements it acquired as part of the recent Cracow mine acquisition.

The company has completed a 48-hole near-surface reverse-circulation drilling campaign at the deposit, intersecting gold mineralisation intersected over a 400m strike length.

Aeris Resources completed the acquisition of the Cracow gold operations from Evolution Mining in July in a $125 million deal.

“During due diligence the Roses Pride deposit was identified as a priority exploration target with near-term potential to be added to the Life of. . .

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