South Boulder Mines is pleased to report that exploration drilling and independent feasibility study activities continue to define a world class potash project in Eritrea. Exploration at the newly defined Area B Prospect, continues to intersect potash from depths as shallow as 20m. Assays have yet to be returned from this new discovery area however, sylvinite (a typically high grade ore) has been visually identified in [...]
Arrowhead Business and Investment Decisions announced that it had published an updated Due Diligence Research and Valuation Report on South Boulder Mines Limited on May 9th, 2011. A copy of the report is available
South Boulder Mines is very pleased to report that drilling has resumed at the Colluli Potash Project with further immediate success. Diamond drilling has continued to intercept significant shallow potash at the new prospect. The Area B Prospect is located between 4 - 12kms northwest from the current 43-101/JORC compliant Colluli Potash Mineral Resource Estimate. Shallow potash has been intersected in all diamond holes [...]
South Boulder Mines is pleased to report that further significant preliminary potash assays have been returned from drilling conducted both within the current JORC/43-101 compliant Mineral Resource Estimate area and from outside of the current resource boundary. The results continue to confirm visual field estimates of grade and mineralisation and provide encouragement that an economic open pit mine can be developed [...]
South Boulder Mines is very pleased to report that the new potash discovery located approximately 10kms northwest along strike of the current 43-101/JORC compliant Colluli Potash Resource continues to deliver shallow potash in all diamond holes drilled to date. The mineralisation has been intersected over approximately 5km2 and is open in all directions. With further drilling, the area of mineralisation is expected to [...]
South Boulder Mines is very pleased to report that together with JV partner Independence Group further highly significant Ni-Cu-PGE assays have been returned from the Rosie Prospect including a very high grade Palladium interval.
Arrowhead Business and Investment Decisions announced that it had published an updated Due Diligence Research and Valuation Report on South Boulder Mines Limited) on February 17th, 2011. A copy of the report is available
South Boulder Mine, together with JV partner Independence Group, announces further assay results from drilling at the Rosie Ni-Cu-PGE Prospect in Western Australia. Drilling has confirmed high grade Ni-Cu-Co-PGE mineralisation and the overall continuity of the mineralisation. Drilling is continuing to extend and define resources.
Arrowhead Business and Investment Decisions announced that it had published an updated Due Diligence Research and Valuation Report on South Boulder Mines Limited on November 22nd, 2010.
Globe Metals and Mining reported laboratory chemical results for the maiden RC drilling program at the Machinga Rare Earth Project in southern Malawi, a joint venture with Resource Star. Drilling results show multiple mineralised zones containing high grades of heavy rare earth elements, and in particular the high value and much sought after element dysprosium. Heavy rare earth ratio averaged 33% with a peak of 39% and [...]