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Wednesday, 12th May 2004 (4182 views)

A survey into gold reserves in the Falklands is progressing well with samples of the precious metal already having been found.<BR/><BR/>The study is being completed by Fugro Airbone Surveys for Falklands Minerals Limited, a newly formed company, according to Merco Press.<BR/><BR/>Work was prompted by the fact that the islands were once part of South Africa where huge amounts of gold are mined.<BR/><BR/>Aircraft is surveying 14,000 sq km of land with three key areas being particularly investigated.<BR/><BR/>Once the results have been analysed the minerals company will begin drilling in the areas for the precious metal.<BR/><BR/>The programme is reportedly thought to cost about $1.5 million.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2607385"/>

 

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