Pilbara stocks are all awaiting significant mineralization reports upon which to base resource estimates. Artemis and NOVO have yet to have their 100,000 ton bulk sampling project approved for Purdy’s Reward. NOVO is also trialing ore-sorting at Beaton’s Creek and Egina. Once completed this technology may be applied to other projects.
News from Pacton Gold and DeGrey Mining is painfully slow in releasing progress on their expansive acquisitions. All have potential, but when will shareholders see something to move PPS forward to previous heights? The possible similarities of the conglomerate gold formations to South Africa’s Witwatersrand Basin is hard to ignore, but without resource estimates and the means to production any profits look to be far away. (Too reminiscent of Auryn on our main thread … painful for those in for the long haul.)