GCY
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Company News
Gold outperforms as investors seek safe haven
It’s not a fair comparison, strictly speaking, because they are very different metals but over the past four weeks signs have emerged of what might be a significant change in the mining world’s pecking order with gold starting to outperform the speculator’s favourite, lithium. That trend could continue into next year as governments take their […]
Gascoyne Resources releases exploration target for Never Never gold deposit
Gascoyne Resources (ASX: GCY) has released an exploration target for the Never Never gold deposit, located adjacent to the main Gilbey’s open pit at the Dalgaranga gold project in Western Australia. The deposit’s lower target has been reported at 4 million tonnes grading 4.6 grams per tonne gold for 600,000 ounces of contained gold, while […]
Gascoyne Resources confirms 183% jump to Never Never gold resource estimate
Gascoyne Resources (ASX: GCY) has confirmed a 183% jump in the mineral resource estimate at its Never Never gold deposit within the wholly-owned Dalgaranga project in Western Australia. The new estimate sits at 2.03 million tonnes grading 4.64 grams per tonne gold for 303,100 ounces, comprising an open pit resource of 1.1Mt at 2.45g/t for […]
Gascoyne Resources says high-grade assays confirm scale of Never Never gold discovery
A series of strong assays from resource definition drilling at the Never Never gold deposit within the Dalgaranga project in Western Australia have confirmed the scale and significance of the discovery for owner Gascoyne Resources (ASX: GCY). The high-grade results are located down-plunge and below the limits of an initial mineral resource estimate released in […]
Quarterly explorers round-up – what’s been happening in the small cap space?
It was a busy September quarter in the small cap resource and energy spaces, with some major discoveries and project milestones achieved amid a strong outlook for most commodities. With rapidly rising inflation and volatile markets, the junior gold space continued to shine. Gold Gold explorers making headlines in the September quarter included: Kin Mining […]
Gascoyne Resources gets go-ahead for mining of Never Never and Gilbey’s North gold deposits
Western Australia’s mining regulator has approved an updated development proposal for Gascoyne Resources’ (ASX: GCY) Dalgaranga gold project, clearing the way for mining of the high-grade Never Never and Gilbey’s North deposits. The company expects to commence mining of these areas next month, and will also work to extend the mineralised footprint of the Gilbey’s […]
Never Never lode confirmed as major gold discovery for Gascoyne Resources
Exceptional new high-grade drilling results have confirmed the new Never Never lode in Western Australia as a major gold discovery for Gascoyne Resources (ASX: GCY). Latest results include an interval of 0.47 metres at 643 grams per tonne gold, which represents the deepest and highest-grade hit at the prospect to date. The 643g/t interval was […]
Gascoyne Resources returns new gold results outside Never Never resource envelope
Resource extension activities at Gascoyne Resources’ (ASX: GCY) Never Never discovery within the Dalgaranga gold project in Western Australia continue to deliver high-grade results outside of a recently-released mineral resource estimate. New standout assays include 25 metres at 6.25 grams per tonne gold and 21.65m at 9.1g/t gold, with visible mineralisation intersected down-plunge. Other highlight […]
E79 Gold Mines clinches deal with Gascoyne Resources to boost Jungar Flats project area
E79 Gold Mines (ASX: E79) will expand its Jungar Flats gold and base metals project a further 25km south towards the Big Bell gold mine, which is the largest mine in the Murchison region of Western Australia. It has applied for a new tenement — E51/2122 — and, under an agreement with Gascoyne Resources (ASX: […]
Gascoyne Resources announces 2.04Mt ore reserve for Dalgaranga gold project
Gascoyne Resources (ASX: GCY) has released an interim ore reserves statement for the Dalgaranga gold project in Western Australia, which reflects exploration and resource definition activities at the newly-discovered Gilbey’s North and Never Never deposits. Group ore reserves total 2.04 million tonnes grading 1.1 grams per tonne gold for 72,100 ounces, with the grade having […]
