#gold exploration

[ur-daily-inspiration]

[colitcomedia]

Despite solid gold prices, exploration spending in the mining sector will remain flat in 2025. It promises from President-elect Donald Trump to streamline regulations, according to S&P Global analysts. While some market conditions indicate rising commodity prices, particularly gold, financial constraints and tight capital markets are anticipated to limit exploration budgets next year, raising concerns for the long-term sustainability of discoveries.

[colitcomediasblog]

🚀 Raiden Resources Kicks Off Drilling at Arrow Gold Project! 🚀

📚 Announcement Highlights:

Raiden Resources (ASX: RDN / DAX: YM4) has launched an Air Core (AC) drilling campaign at the Arrow Gold Project, located in the Pilbara region of Western Australia. This program will cover around 3,500 meters, focusing on Hemi-style orogenic gold mineralisation. With all required permits in hand, Raiden’s joint venture partner, Mallina Co Pty Ltd, will fund the exploration, while Raiden maintains full rights over lithium, caesium, and tantalum (LCT) minerals. The program is expected to wrap up this month, marking Raiden’s third significant exploration milestone this quarter.

🔑 Key Highlights:

✅ 3,500-meter AC drilling underway at the Arrow Gold Project

✅ Targeting "Hemi-style" gold mineralisation using robust geochemical and geophysical insights

✅ Mallina Co Pty Ltd covers all gold exploration costs

✅ Raiden retains exclusive LCT rights

📢 Managing Director Dusko Ljubojevic’s Statement:

“The drilling launch at Arrow Gold Project is our third in just this quarter—a thrilling period for the company and our shareholders. Alongside the ongoing Andover South lithium project and the Mt Sholl copper-nickel-PGE deposit, our shareholders now have even greater potential for discoveries within a promising new gold district.”

💼 Investor Insights & Gold Market Outlook:

This milestone enhances investor exposure to emerging gold projects in a district attracting attention. Global gold demand rose by 5% year-over-year to 1,313 tonnes in Q3—a record quarter—while demand value surpassed $100 billion. Analysts from J.P. Morgan and Goldman Sachs anticipate prices climbing to $2,500/oz by the end of 2024, signaling robust prospects ahead for gold.

📌 Disclaimer: This update is for informational purposes only. Please perform independent research before making investment decisions.

[superkursunaskr]

[providencegoldmines]

Providence Gold Mines Inc. Engages with Prominent Financing Group

Providence Gold Mines Inc. Engages with Prominent Financing Group

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[colitcollp]

Platina Resources (ASX: PGM) Taps Into New Gold Resource Potential With Hermes Discovery

According to a recent ASX RELEASE, Platina Resources has successfully identified a new gold exploration target, Hermes, within the Xanadu Gold Project. It has a promising potential for significant gold deposits.

[soni-dragon]

first comes a blessing of all that you’ve dreamed, then comes the curses of diamonds and rings

[beyondthesurface]

[arttuff]

boobster gold and boob beetle

[odetoscavengers]

screenshot studies from thief, wanted to test out some color + material stuff and thought thief would be a fun subject heavily referenced from my own screenshots

second part here

[ur-daily-inspiration]

[colitcomedia]

Discovery-Driven Value Creation: Unlocking Investor Opportunities in Platina Resources' Gold Projects

PLATINA RESOURCES (ASX: PGM) is a gold exploration company with promising projects in Western Australia. Its portfolio encompasses seven gold projects in the Ashburton Basin and Yilgarn Craton, spanning a land area of 1,487KM². With a solid history of successful exploration and drilling, the Company possesses ample funding to execute its strategic plans. The Projects are strategically situated in highly favorable regions, offering the potential for significant discoveries. PLATINA RESOURCES boasts advanced exploration and drilling capabilities, supported by an experienced team that excels in exploration and acquisition execution. Given its advantageous position in the current gold market, the Company is well-prepared to achieve substantial breakthroughs. Mr Corey Nolan, the Managing Director of Platina Resources, recently delivered exciting updates on the Company’s gold-focused projects through a recently published INVESTOR’S PRESENTATION.

Platina Scandium Project sold for US$14 million

Platina Resources Limited has entered into a legally BINDING AGREEMENT with a subsidiary of Rio Tinto Ltd to transfer its highly promising Platina Scandium Project for US$14 million. The Platina Scandium Project is a significant global deposit of scandium known for its outstanding quality and the potential to become Australia’s first scandium producer. It also holds valuable cobalt and nickel resources.

According to the agreement, upon the successful completion of the transaction, Platina Resources will receive a cash payment of US$8 MILLION. Additionally, there will be a warranty retention payment of US$1 million, which Rio Tinto will repay after 30 months. As part of the deal, Platina Resources may also receive up to US$6 million in cash payments contingent upon Rio Tinto meeting specific project milestones, such as granting a Mining Lease. This agreement reflects the strong commercial viability of the Platina Scandium Project and highlights Platina Resources’ leading position in scandium exploration.

The finalisation of the transaction depends on obtaining the necessary approval from the NSW Ministerial Consent, which is expected to be concluded soon.

Mr Corey Nolan, Managing Director of Platina Resources, said, “This transaction with Rio Tinto will also allow Platina shareholders to benefit from an injection of new funding to advance its extensive gold portfolio and pursue other more advanced project opportunities without shareholder dilution.“

Gold Focus Transformation of Platina Resources

Platina Resources has transformed its strategic focus from platinum to gold, positioning the Company to capitalize on the solid momentum in the gold market. The scandium sale has boosted the implied value of its Western Australia gold projects, including Xanadu, Brimstone, Beete, Binti Binti, Challa, Mt Narryer JV, and Jubilee.

Before exploring individual gold projects, it’s crucial to acknowledge the favorable gold price environment. As of June 9, 2023, the gold price stood at AUD 3,000 PER OUNCE and USD 2,250 PER OUNCE. The upward trajectory of gold prices enhances the potential returns for investors, making this an opportune time to participate in Platina Resources’ gold exploration endeavors.

Exploration Projects and Drilling Plans of Platina Resources

Platina Resources has three key gold projects scheduled for drilling in 2023: BRIMSTONE, XANADU, AND BEETE. These projects are strategically located in the Ashburton Basin and Yilgarn Craton, renowned for their rich mineral endowment. The vast tenement package spanning 1,487 KM² provides an extensive area for exploration and discovery.

Brimstone Project

The BRIMSTONE PROJECT, located 40km northeast of Kalgoorlie Eastern Goldfields in the Yilgarn Craton, is close to the high-grade Penny’s Find deposit. Historical drilling has revealed extensive gold mineralization, with interpreted geological structures covering approximately 10km of strike length. Brimstone states numerous walk-up drill targets, and the planned reverse circulation drilling in July 2023 will test mineralization at depth and along strike at Brandy, Garibaldi, Old Camp, and Billabong North prospects.

Xanadu Project:

Xanadu Project is situated 29 km south of Parabardoo in the Ashburton Basin. The Project benefits from its proximity to the 1.44MOZ Mt Olympus Gold deposit. The Project shares a similar structural and geological setting to the Mt Olympus deposits located 10 km northwest, indicating significant potential. Rock chip assays have indicated gold values of up to 1.98G/T AU. The upcoming systematic exploration program aims to unlock the Project’s full potential by targeting shallow oxide mineralization and deeper structural targets. Planned activities include the Hermes rock chip and mapping program, cultural heritage approvals, reverse circulation drilling, and diamond drilling at Xanadu West.

Beete Project:

The BEETE PROJECT is 10 km south of the Scotia Mining Centre, which has a significant gold resource of 1 million ounces and is located north of the recently discovered Salmon Gums deposit. The Beete Project, positioned 42km south of Norseman in the Yilgarn Craton, offers substantial gold, lithium, and nickel potential. The Project benefits from its location near the Norseman Greenstone Belt, known for its historical gold production of over 5 million ounces. Aircore and reverse circulation drilling programs are planned in Beete Project for the fourth quarter of 2023, targeting the extension of known gold mines and prospective areas near Scotia Mining Centre and Salmon Gums.

In summary, Brimstone, Xanadu, and Beete are three gold projects that offer substantial potential for gold mineralization, featuring extensive areas for exploration and promising opportunities for discovery.

Financial Overview and Market Dynamics from the Investor’s Presentation

Platina Resources maintains a solid financial position, with a market capitalization of approximately A$16.2 MILLION. As of March 2023, the Company had A$1.3 MILLION IN CASH, and as of June 16, 2023, its investments totaled A$2.36 MILLION. With the recent sale of the scandium project and the injection of new funding from Rio Tinto, Platina is well-positioned to drive value creation through exploration and development activities.

The current market dynamics, characterized by solid gold price momentum, further enhance the investment outlook for Platina Resources. As of June 20, 2023, the gold price stood at A$2,870.45 PER OUNCE, reflecting positive market sentiment and an attractive backdrop for gold exploration and production companies.

As Platina Resources continues its journey towards unlocking the hidden treasures in the Ashburton Basin and Yilgarn Craton, it positions itself as an attractive investment proposition with substantial upside potential.

[haveyouseenthismovie-poll]

[bayetea]

there are many things about hazel's povs that have an intensely de-racialized vibe to them (read: divorced from the black girl experience) but I think any black person will tell you that the most obvious sign is the complete lack of attention paid to her hair

like firstly:

she's from the 1930s her hair was definitely getting permed and straightened (it was not acceptable to just wear your natural hair out back then. optics + cultural assimilation/you'll be hard pressed to find photos of black american girls with unstraightened hair in that time period unless they're from like..... harlem)

I do believe that marie was straightening it for her For A Time but then she became more neglectful and stopped so hazel had to do it herself. I'm almost positive that hazel wouldn't have even been permitted to set foot in her school building without straightening it because that's just how much of an expectation it was

ok she comes back from the dead. what's she doing to her hair now bc it's not just gonna be cutesy effortless curls falling over her shoulder no matter what the length is

how does she feel about living in a time period where natural black hair is more accepted (read: more, absolutely not fully)

there are no black people around her At All. in fact she's around a lot of white people on the argo (+nico) so that would probably be giving her some intense feelings of double consciousness (look this term up if you don't know what it means) and that would inform how she feels about her hair

theoretically she ought to be wearing her hair in braids for simplicity's sake but I think it's more likely that she would cling to what she knows (perming/straightening) because it's not easy for a 14 year old girl (PSA hazel is 14.5 in hoo not 13 btw 👍) to go from assimilating to deeply-ingrained white hair beauty standards to just proudly wearing a distinctly black hairstyle all by herself

mind you black women and girls can do whatever they want with their hair and straightening/perming it does not always/have to come from a place of self-hatred or whatever but in this particular case back then straightening one's hair was political And a survival tactic. it was as normal as brushing your teeth. it was enforced through dominant cultural messagings about the Absolute Necessity of conforming to white conventions of beauty. if you don't understand then think of it similarly to how you'd think of 1930s women needing to be perpetually dolled up and modestly dressed in order to be considered "good women" and anyways I'm just saying that this would be a lot to unpack for a 14 year old girl so hazel's probably just continuing to do this impractical thing (straightening her hair all the time) like 60% out of habit and 20% out of shame and 20% she doesn't know what else to do

something something about a missed potential character arc regarding all of this and in general there's so little mind paid to race in hazel's povs which is just ridiculous to me because a black girl from the jim crow era should have at least a few feelings about where she fits into modern society even if that society is camp jupiter. rick demonstrates his capacity to talk about how his characters feel about their race most notably in the kane chronicles so I don't think was too much to ask for. see this quote from an early son of neptune chapter:

^ like....... hazel's feelings of out-of-place-ness are There in the text and important to take note of when understanding her character (note that she's been there for like a year already and she still feels like she doesn't belong) but the emphasis is always put on her Being from a different time or Being undead and is never put on her out-of-place-ness regarding her race as a black girl from segregation times who is literally so out-of-place in this weird post-racial camp jupiter society. it feels like such an obvious thing to consider so its glaring absence really bugs me when I reread her povs and it bugs me when her hair is never talked about by extension because It Matters

you might be thinking "well she had a lot going on and she's not a superficial person maybe she just didn't care what was going on with her hair" and my response is simply that Black girls don't get to "not care" about their hair it is not the same thing as a white person going to school with bedhead it's not the same thing At All (if you aren't black then chances are you've never actually seen what untouched black hair looks like in the morning), especially when it's been beaten into your head for your entire life that your hair is ugly and you have to "do something to it" for it to be acceptable (and again...... she's from the 1930s so that feeling is magnified like 50x over). remember that perpetually dolled up modest 1930s woman I mentioned previously. picture her time traveling to camp jupiter of all places in 2010 and struggling to drop all of her makeup/hairstyling routines and internalized misogyny and conceptualizations of what women are "supposed" to be. this is the kind of fascinating character exploration that we really missed out on with hazel (and tbh regardless of her race she was never believably written as someone from the 1930s. I don't think rick even really tried to be honest)

you might also be wondering "how was rick supposed to know/attempt to portray any of that" and then my second answer is that If you're going to write a character who is not the same race as you then you should do some research and we have the internet now so research has never been easier 👍 this would be especially important to do if that person is a poc from the jim crow era I think! (he could have at least googled black hair 1930s)

anyways what I choose to believe (this is pure fanfiction) is that during hazel's first year at camp jupiter (remember that she was there for about a year before son started) nico would have helped her figure something out after observing her distress over her hair c: like they both secretly watched youtube videos on black hairstyles circa 2010 and then they got attacked by monsters for using a laptop (neither of them know how to use a laptop but he's trying his best for her) but then after killing them he helped her do her hair as something she likes that is easy to maintain <3 (I could also see reyna doing this because she surely knows a thing or two from her spa days)