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Company News
DiscovEx Resources to transform portfolio with acquisition of Finland-based Latitude 66 Cobalt
DiscovEx Resources (ASX: DCX) has announced the transformational acquisition of private Australian company Latitude 66 Cobalt, which owns a suite of gold-cobalt development projects in Finland. The assets sit in tier 1 mining jurisdictions and include the third-largest undeveloped cobalt resource in the European Union (EU). The proposed acquisition will comprise one granted mining lease, […]
Gateway Mining’s partner DiscovEx confirms bedrock gold at Spartan
Gateway Mining’s (ASX: GML) partner DiscovEx Resources (ASX: DCX) has uncovered bedrock gold at the Spartan prospect in Western Australia with single metre assays returned grading up to 4.8 grams per tonne. Composite assays have now been received from 151 aircore holes out of a 188-hole program, with three high-priority bedrock gold targets now identified. […]
Gateway Mining identifies new mineralised zone at Achilles gold deposit
Gateway Mining (ASX: GML) has reported strong intercepts grading up to 5.6 grams per tonne gold from a new and large-scale mineralised zone at the Achilles deposit, within the Montague project in Western Australia. A 27-hole reverse circulation program for 2,754 metres targeted extensions to an existing 99,000 ounce mineral resource at Achilles and tested […]
Gateway Mining partner DiscovEx Resources reports gravity survey backs-up Edjudina soil sampling excitement
A gravity survey has backed-up the Spartan gold discovery for Gateway Mining (ASX: GML) and joint venture partner DiscovEx Resources (ASX: DCX), with an aircore program now underway to test the anomaly. The gravity survey builds on a gold target first revealed earlier this year, within the Edjudina project located 250km northeast of Kalgoorlie. Back […]
Infill sampling upgrades tenor of Spartan gold target for DiscovEx Resources and Gateway Mining
Infill and extensional soil sampling assays have confirmed the size and upgraded the tenor of DiscovEx Resources’ (ASX: DCX) Spartan gold discovery, located within the Edjudina project near Kalgoorlie in Western Australia. The Spartan anomaly lies within tenements that form an 80:20 joint venture between DiscovEx and Gateway Mining (ASX: GML) located at Edjudina. Under […]
‘Exceptional’ gold target defined by DiscovEx at Edjudina following deal with Gateway Mining
A soil sampling program by DiscovEx Resources (ASX: DCX) has produced what the company calls an “exceptional” gold target at its recently acquired ground at Edjudina in Western Australia. DiscovEx has added an 80% interest in two tenements to the project, with the previous owner Gateway Mining (ASX: GML) retaining a 20% free carried interest […]
Gateway Mining to divest Sylvania iron ore rights to Rio Tinto Exploration
Junior explorer Gateway Mining (ASX: GML) has inked a deal with Rio Tinto Exploration, a wholly owned subsidiary of Rio Tinto (ASX: RIO), and DiscovEx Resources (ASX: DCX) giving Rio the option to acquire 100% of the iron ore rights in DiscovEx’s Sylvania project in Western Australia’s Pilbara region. Gateway currently holds a 1.5% gross […]
DiscovEx Resources picks up Pilbara gold-base metals project, adds Capricorn Metals to register
Western Australia-focused explorer DiscovEx Resources (ASX: DCX) is forming an alliance with gold project developer Capricorn Metals (ASX:CMM), buying an adjacent project and getting Capricorn as a 12% shareholder. DiscovEx is acquiring the 2,247 sq km Sylvania project in the Pilbara, which it describes as “highly prospective” for gold and base metals and a “transformational” deal for the […]
DiscovEx hints at major new discovery for Edjudina gold project following high-grade end-of-hole intersections
Australian explorer DiscovEx Resources (ASX: DCX) has confirmed the potential for a major new discovery in WA’s prolific Laverton district following positive results from a sampling program at its flagship Edjudina gold project. A recently-completed single metre re-split sampling program conducted as a follow-up to a drilling at Edjudina’s Hornet prospect has unveiled the presence […]