Resources round-up: Kea, Arian, Thor Mining...

Companies also covered: Sirius Minerals

Kea Petroleum's drilling programme in the Taranaki basin of New Zealand has been delayed due to extreme weather conditions in the region. The programme to drill Mauku, which as previously advised requires challenging access and site preparations, is the worst affected area. The intention was to begin the drilling of Mauku with a shallow drilling rig, but Kea may now proceed to drill the entire hole with the bigger rig later. The company is now considering whether to drill the Douglas 1 well before Mauku as the site is already prepared. Puka 1 is now expected to start drilling later next week.

Arian Silver has reported an increase in resource tonnage along the San Jos Vein in Mexico. Contained ounces of silver are up 32%, lead resources are up 29% and zinc resources are up 30% compared to the previous estimates made in July of last year. The firm said the results "are positive indicators" for expanded future mining plans at San Jos, which it believes has "much more resource upside to offer". The site has an indicated mineral resource of 8m tonnes and an inferred mineral resource of 24.5m tonnes.

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