https://www.engineeringnews.co.za
Energy|Exploration|Gold|Mining|Resources|Drilling
Energy|Exploration|Gold|Mining|Resources|Drilling
energy|exploration|gold|mining|resources|drilling

Evolution extends South Cowal option agreement

2nd July 2024

By: Creamer Media Reporter

     

Font size: - +

Gold miner Evolution Mining has extended the option to purchase tenements nearby its operating Cowal gold mine, in NewSouth Wales, for a third and final year for further evaluation and exploration.

A two-year option agreement with ASX-listed Strategic Energy Resources was due to expire on September 26, 2024, but Evolution has elected to extend the option period for a further 12 months.

Evolution will pay Strategic Energy A$100 000 in cash for the extension.

Strategic Energy says Evolution continues to explore the tenement having secured land access, completed a detailed desktop targeting review along with a gravity survey and an air-core programme to date.

Forward exploration activities in the coming year may include drilling and/or additional geophysics.

To exercise the option, Evolution must pay Strategic Energy A$1-million in cash.

Edited by Creamer Media Reporter

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.253 0.309s - 192pq - 2rq
Subscribe Now