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Proactive Investors dedicated one of today’s main stories to gold miner Kryso Resources (LON:KYS), which today said more good drill results from Pakrut in Tajikistan underpinned its belief it will become a “significant” underground gold mine in future.

Proactive interviewed Kryso’s managing director Craig Brown, said there should be a new resource estimate published within the next month.

“The Russians said there were 10 million ounces in this exploration territory we believe we will more than exceed that amount,” said Brown.

The current resource estimate for Pakrut is 3.6 million ounces, but Brown added there should be a new resource estimate published within the next month. 

This will include the latest results from the core Pakrut deposit and also from first drilling on Rufigar and eastern Pakrut. 

Kryso said today’s results underpinned its belief Parkrut will become a “significant” underground gold mine in future.

The results from two deep drill holes in 2011 showed “mineralisation is still plunging downwards and to the east,” Kryso said.

The intersections in Ore Zone 3 and 6 were very encouraging, it added, with the nearly 19m at 7.47g/t gold at Ore Zone 3 its best intersection to date.

Other high grades included 6.53m at 12.08g/t gold in ore zone 6, while ore zone 1 recorded 27.13m at 10.59g/t and 4.65m at 5.59g/t Au.

Brown added that the fact that grades are increasing at depth means he is optimistic “We can have a lot higher grades if we keep going further down”.

He said he was especially pleased with the result from ore zone 1, as “An ore body width of 27 metres makes it so easy to mine that you can use bulk mining methods that make it cheap to get the stuff out of the ground.”

He also said he was encouraged with the initial grades from Eastern Pakrut and Rufiger area.

Here, grades ranged from 2.31 g/t to 4.56 g/t gold.

Two other articles were dedicated to uranium miner Uranium Resources (LON:URA) and Falklands focused explorer Rockhopper Exploration (LON:RKH).

French investment bank SocGen said shares in Rockhopper are set for a number of boosts in the coming month.

nalyst David Mirzai says that despite the political ‘noise’ coming from Argentine president Cristina Kirchner’s ‘megaphone’ diplomacy, the Falklands-focused oil firm will have a busy April.

Today, April 2, marks the 30 year anniversary of the invasion of the Falklands by Argentinean forces and Mirzai is expecting more rhetoric from Kirchner.

“We expect several threats to be issued today against companies (exploring for oil in the Falklands) by the Argentinean authorities, including Rockhopper,” he said.

Mirzai adds: “Today we expect megaphone diplomacy by Cristina Kirchner, Argentina’s president, who we think is using the dispute over sovereignty of the Falklands to distract the electorate from austere domestic economic measures (including higher energy prices). 

"Once the political ‘crescendo’ has been spent, we expect the next month to provide potential positive catalysts for the stock.”

The analyst believes these catalysts will come in the form of an updated independent reserves report, a potential update on the data room and farm-out process and, thirdly, exploration drilling results from other Falkland oil exploration (being carried out by Borders & Southern).

Mirzai, who rates the stock as a ‘buy’ with a 450p price target, says that Rockhopper’s share price carries a significant discount to the economic value of the Sea Lion discovery.

Sticking with oil and gas, Proactive covered today's news from Northern Petroleum (LON:NOP) and Wessex Exploration (LON:WSX), which revealed plans for follow-up drilling on the Zaedyus oil discovery off the coast of South America.

The AIM-quoted partners share a 2.5 per cent interest in the Shell-led venture, alongside fellow majors Total & Tullow Oil.

This morning, it was revealed that a delineation well will be drilled in the coming months. Shell has now contracted the Stena DrillMax ICE drill-ship and work is expected to get underway ‘midyear’.

After that, it is expected that another exploration well will be drilled on a nearby prospect.

"Northern is pleased that the successful Zaedyus oil discovery is to be quickly followed by a new drilling campaign,” said Derek Musgrove, managing director of Northern Petroleum.

“This will not only further delineate the discovery structure, but will also move forward to drill some of the similar prospects defined by 3D seismic in order to confirm the wider significant potential of this permit area covering the entire length of the prospective continental shelf edge of Guyane, a distance of about 200 kilometres."

The junior partners’ stake, held via the jointly owned Northpet Investments vehicle, is a rare and valuable opportunity for the AIM-quoted explorers to participate such a high profile exploration campaign.

It has already generated a great deal of interest since the initial Zaedyus discovery last year. 

Indeed, interest in the minority stake has come not just from the broader investment community but also within the venture partnership.

Last month, Total offered to buy Wessex Exploration for £71 million.

Wessex subsequently knocked back the initial approach, saying the offer undervalued the company and it said it was prepared to fund its participation in the upcoming phase of drilling. Total has until April 16 to respond formally to Wessex’ snub.

Meanwhile, Uranium reported further positive results from the ongoing "transformational" 2012 drilling campaign at its flagship Mtonya project in Tanzania.

This morning, the group announced that the last four holes drilled at Mtonya encountered uranium mineralisation.

Three of these holes intersected uranium grades of over 100 part per million (ppm), while two holes intercepted a previously unknown mineralized feature below at depths over 300 metres.

The intersections from the four holes included 0.6 metres at 630 ppm within an interval of 1.7 metres at 308 ppm from drill hole 187 and six metres at 101 ppm from drill hole 189.

To date, Mtonya has shown continuous uranium mineralisation in stacked roll-fronts. This mineralisation is expected to be amenable to in-situ recovery, which is common in Kazakhstan and North America.

The results of the 2011 drilling campaign and recent mineralogical studies suggested similarities with the well-known sandstone-hosted roll-front uranium deposits of Kazakhstan and the USA.

Uranium Resources hopes the “transformational” 2012 drill programme will significantly extend the known mineralisation and allow it to complete a maiden resource estimate in 2013.