EXPLORATION & DEVELOPMENT

Perilya in Honeymoon Well gold search

PERTH-based junior Perilya Resources said yesterday it will explore for gold at Honeymoon Well in Western Australia's Eastern Goldfields after reaching a farm-in deal with project owner Outokumpu Mining Australia.

Greg Tubby

Perilya said it rates the project highly, pointing to a diamond drill intercept last year of 24m grading 11.3gpt gold from 80m and 27.5m at 2.8gpt from 107m. The project covers about 10km of strike on...

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