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NT an exploration hotspot after gold found

From thewest.com.au

The Northern Territory could become home to Australia’s next gold rush with high-grade deposits discovered during recent exploration. Resource companies have reported promising finds in the Barkly region while searching for gold at exploration sites near Tennant Creek. The results support the case for a gold processing hub being built in the town of 3000 people, which is about 500km north of Alice Springs. “Tennant Creek is one of Australia’s highest-grade gold districts,” Emmerson Resources chief executive Rob Bills said on Wednesday. New NT government-supplied geoscience data has made the region an “exciting ... (full story)

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  • Category: Fundamental Analysis