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Company News
EganStreet Resources and Lion Selection Group welcome Silver Lake’s takeover bid
As merger and acquisition activity heats up in the gold space, Silver Lake Resources (ASX: SLR) is the latest gold miner to make a bid, revealing this morning it had made a $52 million takeover play for EganStreet Resources (ASX: EGA). EganStreet and its largest shareholder Lion Selection Group (ASX: LSX) have welcomed the offer […]
EganStreet Resources uncovers more high-grade gold, extends strike to 18km
A regional mapping review by EganStreet Resources (ASX: EGA) has uncovered new exploration targets, expanding the prospective shears by 4 kilometres at the company’s flagship Rothsay gold project, located 300km north-east of Perth in Western Australia’s midwest. The regional review has resulted in total indicated and inferred resource inventory of 1.54 million tonnes at 9.2 […]
Egan Street Resources expands Rothsay gold resource to almost half a million ounces
Egan Street Resources (ASX: EGA) has expanded the gold resource at its advanced Rothsay project in Western Australia to almost half a million ounces after firming up an additional 53,000oz. The new resource now totals 1.54 million tonnes at 9.2 grams per tonne gold for the 454,000oz and represents a 13% increase. According to Egan […]
Egan Street Resources reports bonanza intercepts at Rothsay gold targets as project moves into construction
Assays from a diamond drilling campaign at Egan Street Resources’ (ASX: EGA) Rothsay gold project, 300 kilometres north of Perth, have confirmed the high-grade mineralisation extends to the south and at depth of the current 401,000 ounce mineral resource. The company today said the 16-hole campaign at the Woodley’s and Woodley’s East Shear targets returned […]
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