THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has made considerable advancement of feasibility study foundation works underway at the company’s Hombre Muerto West project (HMW project) located in the South American Lithium Triangle. Galn Lithium’s HMW project team completed a preliminary evaporation ponds design making full use of the company’s tenement holding for producing up […]
THE DRILL SERGEANT: Chalice Mining (ASX: CHN) has continued to identify zones of high-grade at the company’s 100 per cent-owned Julimar nickel-copper-platinum group element (PGE) project in Western Australia. Chalice Mining reported the receipt of further high-grade results from an ongoing step-out and resource definition drill program underway at the Gonneville Intrusion. Seven rigs (three […]
COMMODITY CAPERS: Two Australian companies, Lithium Australia (ASX: LIT), and Neometals (ASX: NMT), both of which are making advancements in the recycling of lithium-ion batteries, are spinning out battery metal assets to maintain exposure to raw materials. If the human race operated like a scout troop, it could be mooted that the badge most of […]
THE DRILL SERGEANT: Alto Metals (ASX: AME) has further highlighted the continuity of gold mineralisation at the Vanguard prospect within the company’s Sandstone gold project in Western Australia. Alto Metals reported results from the latest four metre composite samples taken from wide-spaced step-out RC drilling at Vanguard, defined over 800m strike, that included: SRC272 28 […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced the intersection of sulphides by way of diamond drilling at the Texas target, part of the company’s Tarraji-Yampi project in the West Kimberley region of Western Australia. Dreadnought Resources reported drill hole TXDD001 intersected dominantly pyrrhotite with minor pyrite and chalcopyrite from 56.75 to 57.55 metres hosted […]
THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) reported on a recently completed soil sampling campaign undertaken on the company’s Yuinmery project within the Murchison Region of Western Australia. The Yuinmery project covers prospective portions of the Youanmi Complex, located approximately 500 kilometres north-east of Perth. Golden Mile resources collected 451 samples it claims to […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported assay results from recently completed diamond drilling undertaken on the company’s Cue Joint Venture with Evolution Mining (ASX: EVN) over Lake Austin in Western Australia’s Murchison district. Musgrave Minerals declared the results to have identified strong basement gold mineralisation at the West Island prospect with gold intersections […]
THE DRILL SERGEANT: Matador Mining (ASX: MZZ) announced the completion of a raising that delivered proceeds of $16 million. The funds were raised from the placement of 28.5 million shares at a price of 56 cents per share, which was a 28 per cent premium to the last closing price of Matador shares on 24 […]
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) informed the market that its Joint Venture partner Chalice Mining (ASX: CHN) has generated new EM anomalies from the early stages of a ground based moving loop EM (MLEM) and fixed loop EM program at the company’s South West nickel-copper-PGE project in Western Australia. Venture explained that Chalice […]
THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported results from recently completed aircore drilling at the company’s 80 per cent-owned Gidji JV project near Kalgoorlie in Western Australia. Miramar Resources said the new assay results, from 1 metre re-splits of the Phase 2 aircore drilling campaign, have upgraded the prospectivity of the Gidji project, with […]
