https://www.engineeringnews.co.za

Segue recovers gold nuggets in WA's Mallina basin

6th November 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – The share price of ASX-listed junior Segue Resources rose by more than 38% on Monday, after the company recovered several gold nuggets from its Pilbara project, in Western Australia.

The company noted that prospectors at one of its exploration licences within the Mallina basin had uncovered several gold nuggets.

The company told shareholders that it would now undertake geological mapping and rock chipping on the areas around the gold nugget discoveries in December this year.

The systematic prospecting and exploration of all the Pilbara gold tenements, covering over 600 km2, will start in the first quarter of next year, once all approvals and access agreements were in place.

Segue traded at a high of 10.5c a share on Monday, up from a low of 8.7c a share.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.053 1.216s - 140pq - 2rq
Subscribe Now