NEW GRAVITY DATA INTERPRETATION ADDS TO GCR’s IOCG TARGETS Golden Cross Resources (GCR) holds over 3,400 km of area within the Gawler Craton of South Australia. The Gawler Craton, and the G2 Structural Corridor which traverses it, host Australia’s major Iron Oxide Copper Gold (IOCG) deposits: Olympic Dam, Carapateena and Prominent Hill. Interpretation of open-file…
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Kingsgate – Settlement with Thai Preference Shareholder
Kingsgate Consolidated Ltd (ASX : KCN) announces that a settlement has been reached with Sinphum Co. Ltd (Sinphum), a Thai company which held preference shares in Kingsgate’s Thai operating subsidiary, Akara Mining Limited (Akara). As a result both parties have agreed to cease all legal and arbitration actions and the preference shares in Akara have…
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Bowdens Silver Project – Update to August 1 2011 Announcement
Kingsgate Consolidated Limited (ASX:KCN) notes that in its August 1 2011 ASX announcement concerning the acquisition of the Bowdens Silver Project, reference was made to a previously quoted Canadian National Instrument (NI 43-101) resource statement for Bowdens that was previously prepared and released in Canada by the vendor, Silver Standard Resources Inc. Whilst Kingsgate believes…
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