Proactive’s virtual CEO investor session on Tuesday to feature three promising gold explorers
A select group of exploration companies will join Proactive’s John Phillips at the upcoming virtual investor conference on Tuesday, August 25 at 12pm Sydney time / 10am Perth time. The CEO Investor Sessions Australia is an online variant of the popular conference format the media company has run for over a decade and enables communication between interested investors and some of Australia’s most innovative businesses. Joining Proactive this time around are WA-focused gold explorer Vango Mining Ltd (ASX:VAN), Moho Resources Ltd (ASX:MOH) which is exploring for gold and nickel in WA and Queensland, and Kingwest Resources Ltd (ASX:KWR), a gold exploration company with projects in the Eastern Gold Fields of WA. Ed Turner, CEO of Kingwest will present at the session, and Andrew Stocks, MD, will represent Vango Mining. Moho will have Ralph Winter, commercial director, outline the company’s plans. Vango Mining The company is planning to drill three diamond holes into key gold targets at the Ned’s Creek JV in WA. This diamond drilling program will begin this month upon completion of a diamond drilling program at the company’s nearby Marymia Gold Project. Stage 1 of the drilling program at Marymia includes 20,100 metres of reverse circulation (RC) and diamond drilling, targeting high-grade resource extensions as well as deeper ‘Plutonic-analogue’ targets in three key areas that represent 87% of the current resource. These three areas all lie within projected extensions of the Mine-Mafic stratigraphy that hosts the nearby Plutonic mine (+5.5 million ounces past production). It is worth noting that the Marymia Gold Project already has a significant resource of one million ounces at a grade of 3 g/t gold. Moho Resources Moho shares recently hit a new record high of 20 cents after completed its commitment of a farm-in and joint venture agreement with IGO Ltd (ASX:IGO) to earn a 70% interest in E70/4688, which is part of the company’s Burracoppin Gold Project in Western Australia. The tenement comprises the Crossroads gold prospect, which is around 22 kilometres west of the Edna May gold processing facility operated by Ramelius Resources Ltd (ASX:RMS). Ralph Winter, commercial director of Moho Moho has also commenced innovative fieldwork at the Empress Springs Project in Queensland, which will include a regional hydrogeochemistry borehole sampling program and detailed IP survey. The regional hydrogeochemical sampling program is underway in partnership with the CSIRO while the company will shortly start an IP survey for sulphide minerals over the Arrowhead and Yappar prospects. Empress Springs is prospective for precious and base metals, including gold, silver, zinc, lead and copper. Kingwest Resources The company recently upgraded the overall resource at its Menzies Gold Project (MGP) by 37% to 320,000 ounces of gold. Drilling in 2020 has extended high-grade mineralisation at depth as well as added 85,000 ounces to the MGP total resource estimates and the resource has increased by 87% since the company acquired the project in September 2019. Ed Turner, CEO of Kingwest Kingwest recently boosted its cash balance by $2.1 million on the sale of non-core assets outside the MGP. The company will use the funds to expedite exploration and development activities at MGP and the Goongarrie Gold Project. Webinar registration Each company will present for 12 minutes, followed by a 5-minute Q&A session. To register for the August 25 webinar, please click here. The webinar will also be live-streamed on the Proactive YouTube channel, which can then be viewed at any time following the presentation. Questions for the speakers can be submitted before and during the presentations by email to John Phillips