King Island Scheelite (AX: KIS) just raised $31M to develop the company’s Dolphin tungsten mine on King Island off Tasmania. KIS executive chairman Johann Jacob zoomed into The Resources Roadhouse to tell Wally Graham how the company raised the cash and how they intend to spend it.
THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported new aircore drilling results from the company’s 80 per cent-owned Gidji JV project in the Eastern Goldfields region of Western Australia. Miramar Resources said the new results had resulted from aircore holes drilled at the Marylebone, Railway, Piccadilly and 8-Mile targets and have continued to reinforce the […]
THE BOURSE WHISPERER: Kin Mining (ASX: KIN) has shaken off a takeover offer to launch a $13 million raising to progress the next phase of exploration at the company’s 100 per cent-owned Cardinia Gold Project (CGP) near Leonora in Western Australia. Kin Minin revealed it had been subjected to a clandestine non-binding indicative offer (NBIO) […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) with Joint Venture partner Venus Metals Corporation (ASX: VMC) reported on recent metallurgical testwork conducted on the Youanmi Deeps Resource, located within the OYG JV area (Rox 70% and Manager, VMC 30%) in Western Australia. The JV is undertaking development studies into potential future production at the Youanmi […]
THE CONFERENCE CALLER: Opening Paydirt’s Australian Nickel Conference in Perth this week, Wood MacKenzie principal analyst, nickel Angela Durrant was bullish on the outlook for the forum’s featured metal. With a full house in for the opening session, Durrant opened on fairly safe ground, acknowledging what most in attendance already knew, that being that nickel […]
THE DRILL SERGEANT: Trigg Mining (ASX: TMG) released results of a Scoping Study completed on the company’s 100 per cent-owned Lake Throssell Sulphate of Potash (SOP) project located in the Eastern Goldfields of Western Australia. Trigg Mining explained the Study was underpinned by the upgrade of a portion of the total drainable Mineral Resource to […]
THE DRILL SERGEANT: AuTECO Minerals (AUT: ASX) claimed the making of a high-grade gold discovery at the company’s Pickle Crow gold project in Canada. AuTECO Minerals reported the Tyson discovery, saying the vein system consists of at least three persistent quartz-carbonate-scheelite-gold veins. Mineralisation within the vein structures has been encountered over an interpreted strike of […]
THE DRILL SERGEANT: Alto Metals (ASX: AME) claimed a new gold discovery from recent RC and Diamond drilling at the company’s 100 per cent-owned Sandstone gold project in Western Australia. Alto Metals announced the discovery of the Juno gold zone, as well as reporting further thick, high-grade gold assay results from RC drilling below the […]
THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) is set to run high-resolution UAV magnetic surveys at the company’s 100 per cent-owned Karonie project in Western Australia. Alchemy Resources explained it expects the surveys will provide a better understanding of the areas defined from the recent field mapping and aid in interpreting basement geology and mineralisation […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced commencement of RC drilling at the company’s Tarraji-Yampi project in the West Kimberley region of Western Australia. Dreadnought Resources indicated the RC drilling has kicked off with a total of 30 holes planned at the Orion, Fuso and Grant’s Find prospects. The drilling will commence at Orion […]
