Mining Briefs: International Goldfields, Aruma and more

IN Mining Briefs today: drill hits for International Goldfields and Aruma; Lynas warns shareholders of misleading investment offers; Mount Burgess contact the High Commission; Comet Resources looks to Krgyz Republic; and sales update from Atlantic.

International Goldfields has received the final two results from drilling at its Uniao prospect, part of the Ouro Paz joint venture in Brazil.

The company reported results of 5.7m at 11.7gpt gold from 50.4m including 3.6m at 17.8gpt gold from 51.5m, 4.3m at 15.86gpt gold from 72m, 5.8m at 2.77gpt gold from 106m and 1m 62.28gpt gold from 72.5m.

The company said the intercepts extended mineralisation and refine targeting for additional drilling.

Aruma Resourceshas released results of recent reverse circulation drilling at its Glandore project in Kalgoorlie, with new gold zones confirmed.

Significant hits included 5m grading 4.3gpt gold intersected at the Steves zone and 4m grading 1.35gpt gold including 3m grading 1.64gpt.

Lynas Corporation has warned shareholders of an entity going by the name of Lyens International Investment Group. It is claiming to be part of the Lynas Group for the purpose of soliciting investment.

Lynas said it had absolutely no connection with the entity.

Mount Burgess Mining has contacted the High Commission for Australia in Pretoria, South Africa, to seek rectification after an extension of its prospecting licence, which contains its Kihabe and Nxuu zinc-lead-silver project, was rejected by the Ministry of Minerals, Energy and Water Resources.

The company has submitted a summary of the situation to the Australian Deputy High Commissioner. And will keep the market informed of any progress.

Comet Resources has secured rights to acquire an interest in gold projects in the Krgyz Republic.

Comet can elect to acquire KG to own the option to acquire a controlling 90% interest in the three exploration licenses, which are prospective for gold mineralisation.

Comet has the opportunity to undertake six months of due diligence over the licenses before a decision to exercise its option is made.

Atlantic said it sold 21.8 t of vanadium from its Windimurra vanadium project in April.

During the month, the focus remained on resolving the last non-performing part of the Windimurra plant, the beneficiation plant within the crushing, milling and beneficiation circuit.

Work at the plant to resolve design issues remains on track to be finished by May/June.