All in Exploration

Great Western finds more high-grade gold at Yandal West

Great Western Exploration (ASX: GTE) says recent drilling work at its Yandal West gold project, located in the Yandal greenstone belt in Western Aystralia, has yielded impressive results. Drilling to-date at Yandal West has been driven by the discovery of a well-defined and coherent 9km-long gold-in-soil anomaly that includes the historic Ives Find and Harris Find goldfields, as well as the recent May Queen discovery.

Doray, Silver Lake bounce back as market takes a closer look at gold merger

The gold sector focused on Doray Minerals and Silver Lake Resources this week after the two WA-based gold producers announced a nil-premium merger to create a $400 million mid-tier ASX-listed company with pro-forma production this year of 240,000 ounces of gold and gold equivalents. After some initial selling by investors, Doray and Silver Lake returned to the winner’s list on Friday to end the week on a high.