There have not been a lot of dollars spent on the Otago South gold prospect in the past year and the cash-tight New Age Exploration is now undertaking a review of its assets.
The Sams Creek gold prospect has been inactive for a few years now, and a report out yesterday indicates this situation is unlikely to change in the near future.
Laneway Resources has plans for a significant drilling plan near the old Jubilee gold workings in the Hauraki goldfield.
Waihi was one of the great historic gold mining centres in New Zealand and its revival is now looking to be more exciting and more durable.
Talks have begun with parties interested either in acquiring high-grade ore or concentrates from the Talisman gold-silver mine at Karangahake.
The September quarter report of E2 Metals shows that the long wait for exploration action at Neavesville continues.
The term “seek and ye shall find” certainly can be applied to OceanaGold with its exploration below and lateral to the Martha open cut at Waihi.
Calendar 2018 keeps looking better for OceanaGold with the company’s September quarter citing a lift in guidance, more exploration success and strong production at all four mining areas that enabled a further drop in debt.
Exploration success at Macraes has given impetus to extending the life of OceanaGold’s original mining project.
Laneway Resources may soon be getting a cash flow from gold production in Queensland that may help it fund exploration in New Zealand.