Exploration company Bezant has announced that a resource estimate has been completed for its Mankayan project in the Philippines.

After a 45,000-metre drilling campaign, analysis conducted by Snowden Mining Industry Consultants has revealed that the site contains 3.8 million ounces of gold.

Bezant stated that the report supports the firm’s belief that the project is a "world-class" gold deposit.

Executive chairman Gerry Nealon remarked: “We believe that Snowden’s inferred resource estimate serves to independently verify the significance of the Mankayan project."

He added that the organisation will now endeavour to progress the project with an ongoing drilling programme.

Meanwhile, in Tanzania – where Bezant also has operations – high-grade gold was recently discovered at the Kigosi project.

Tanzanian Royalty Exploration announced that one hole returned a grade of 20.68 g/t gold across two metres including a section of 30.58 g/t gold across a single metre.

Chairman and chief executive in office James Sinclair said that the findings had "important ramifications" for the company.

The Birmingham Assay Office has launched an initiative aimed at explaining what consumers should look for when buying gold jewellery this Christmas, it has been reported.

It has teamed up with Trading Standards to create a shop window display that will be on show at the city’s Consumer Trading Centre (CTC), according to the Spring Fair website.

Information on consumer rights with regard to gold jewellery will be featured and the importance of hallmarking will be highlighted.

It will also explain the meanings of different marks that can be found on gold items.

An easy-to-read graphics display will be produced in order to outline these issues, the Assay Office stated.

The CTC was set up by the Citizens Advice Bureau along with Trading Standards to provide advice to the residents and merchants of Birmingham. It offers help to members of the public in resolving any disputes and provides information on consumer rights.

Birmingham is home to the Jewellery Quarter, where skilled goldsmiths have practiced their trade for over 200 years.

The significance of a ground-breaking experiment conducted by Ernest Rutherford to modern science has been highlighted.

It comes as the 100th anniversary of Rutherford winning the Nobel Prize for Chemistry approaches.

One of his experiments, which consisted of him firing particles at a sheet of gold foil, had "vast implications" for scientific progress, according to the Nelson Mail.

The fact that the particles were deflected off the golden sheet revealed much about the "architecture of the subatomic world", the paper noted.

Rutherford was born in Nelson in New Zealand and went on to win the 1908 Nobel accolade for his work into the disintegration of the elements and the chemistry of radioactive substances.

Gold has many applications in modern science ranging from its use as a catalyst to tiny amounts being used to deliver drugs into the body.

Recently, a team from Worcester Polytechnic Institute won a grant to use the precious metal to help produce high-tech artificial limbs.

Nanotechnology may provide scientists with a "faster and more efficient means" to develop many applications ranging from electronics to medicine, it has been claimed.

The field is "uniquely promising" as an early detection method for cancer researchers, according to the Gold Nanoparticles blog.

It may enable scientists to diagnose cancer when the earliest cell changes occur, before a physical exam or current imaging tools can detect it.

Many different types of nanomaterials are being utilised by researchers in order to progress the technology, including nanotubes, nanoshells, nanopores and cantilevers, which are shaped like an anchor.

Gold is particularly useful in producing nanoshells, tiny beads that are coated with the precious metal and can be linked to cancer-fighting antibodies.

A team from Arizona State Univesrity and the Los Almos laboratory recently created gold ‘nanojewels’ made up of multiple nanoparticles.

They are mostly spherical but are flat on the bottom and could potentially be used in a range of products including medicine and computer engineering.

The potential for gold nanorods to become a significant tool in the fight against cancer has been highlighted in a scientific journal.

Research that combined the gold nanostructures with chemotherapy drugs has provided "impressive" results, according to the piece published in the Advanced Materials journal and reported by website Ars Techinca.

The small size of gold nanoparticles allows them to pass into cells and heating them up with thermal energy can help to destroy cancer cells, leaving healthy cells unharmed.

In addition, the use of gold nanorods to deliver the drugs results in one-third of the dosage having the same efficiency as a standard course of chemotherapy, the journal noted.

Rod-shaped gold nanoparticles are particularly useful for this form of cancer treatment as their shape affects the way that heat is conducted.

A German-American team of scientists recently developed a new way to produce gold nanorods without the use of cytotoxic materials.

Moss Lake Gold Mines has announced the final results of its 2008 drilling program on the Moss Lake gold deposit in the Shebandowan greenstone belt in Ontario.

The firm has revealed that drilling on the site – located 100km west of Thunder Bay – returned positive grades.

Highlights from the programme included 0.56 g/t Au over 272 metres and 0.50 g/t Au over 290 metres.

A "remarkably" broad, even distribution of gold is present at the site, the company confirmed.

And it stated that managers believe the figures "validate historic results and provide encouragement that the resource has potential to grow".

The programme was intended to provide further information on areas that have not been extensively explored.

These latest results will be used to expand on the firm’s current resource estimate.

Meanwhile, Adventure Gold, which has several projects in Quebec, has appointed Jules Riopel as vice president of exploration and acquisitions.

Gold merchants in south India are gearing up for the first Kerala Gem & Jewellery show, a business-to-business exhibition being held next month.

Organised by magazine The Art of Jewellery, it will be launched on November 14th and run for two days, according to fibe2fashion.com.

More than 150 exhibitors from all areas of India, including Mumbai, Surat and Jaipur, will be displaying their wares at the event.

The state of Kerala is famous for its fondness for gold and consumes around 20 per cent of the country’s gold jewellery, the news provider noted.

It has over 5,000 gold retailers and the Trissur area alone has approximately 3,000 large-to-medium sized jewellery manufacturers.

Kerala’s minister for industries and commerce, Elamaram Karim, said: "The government will extend its full support to the show."

The Hindu newspaper recently highlighted India’s fascination with gold, citing World Gold Council figures that showed demand for the precious metal amounted to 118 tonnes in the second quarter of this year.

Andina Minerals has revealed the extent of its reserves at the Ojo de Agua area of the Volcan gold project.

Two mineralised regions – the Andrea and Florencia zones – currently contain 16.8 million tonnes grading 0.85 g/t gold, according to an inferred resource estimate released by the firm.

President and chief executive in office Carl Hansen remarked that the finding "improves the potential of the Volcan property opening a new area for Andina to continue to expand on the significant existing gold resources".

He added that the company is finalising plans for the upcoming Phase V programme, which could add further resources.

A number of "high-priority" exploration targets are also currently being tested by the firm.

Meanwhile, Firstgold recently announced that work at its Honorine gold property was underway.

Initial sampling and six drill holes have been completed at the site, although these were intended only to provide basic information to direct more detailed future work.

Helio Resource Group has revealed that it is "pleased" with the latest results from the Porcupine target at its SMP gold project in south-west Tanzania.

Figures from ten new drill holes at the site, located in the Lupa goldfields, included 2.2 g/t Au across 40.1 metres and 2.3 g/t Au across 39.7 metres.

The firm stated that it is "very encouraged by the continuing good results" from the region.

It added that combined with the Kenge target, the Porcupine zone has the potential to become a "significant open-pittable gold resource".

Geological mapping has indicated that the gold mineralisation continues over a length of at least 1,000km and airborne magnetic data suggests that it leads all the way to the Gap mine, located north-east of the Porcupine area.

A new gold mine has been opened every year since 1998 in Tanzania and the country is fast becoming one of the continent’s major gold producers, according to online African mining resource MBendi.

Luiri Gold has announced "very encouraging" results from the Matala Dome area of mineralisation in Zambia.

Significant figures include intersections of 16.8 g/t gold over one metre, 3.1 g/t gold over four metres and 3.7 g/t gold over five metres.

The firm stated that the grades confirmed that the region is "potentially a source of significantly more gold than currently defined".

Six new targets were identified in the latest round of drilling, all within a 10km radius of the Dunrobin and Matala deposits.

Results suggest that trends on the western side of the Matala deposit may swing to the north, providing further scope for extending the known areas of mineralisation, the company revealed.

Meanwhile, Zambezi Resources doubled its reserves at the Cheowa joint venture project to 6.5 million tonnes in July.

Indicated resources stood at 3.5 million tonnes at 0.23 g/t gold and inferred resources were 2.9 million tonnes at 0.38 g/t gold.