Resources round-up: Mariana, African Eagle, Herencia

Mariana Resources the minerals developer has reported positive results from a drill campaign at its Las Calandrias gold-silver project in the Santa Cruz province in southern Argentina. Of the 21 holes drilled, 13 provided what the company described as 'significant intersections'.

By MoneyWeek

published 5 September 2012

in Features

Nickel development firm African Eagle Resources has issued an estimate upgrade for the Ngasamo deposit at its flagship Dutwa project in Tanzania. A report issued following drilling at the end of last year doubles the total Dutwa Indicated Resource to 92.3m tonnes and increases the total Dutwa resource by 10% to 109.1m tonnes.

Herencia Resources, the minerals explorer, says recent test results have extended the size of its potential zinc-silver-lead mine in Chile. The "induced polarisation" survey shows the deposit at the Paguanta project to be around 3km in length and 1km in width.