THE DRILL SERGEANT: TNT Mines (ASX: TIN) announced it is another setting up camp in the Earaheedy Basin having applied to secure a major land position in the area. TNT is following the lead of Rumble Resources and has lodged an application for a licence directly to the north over the Mount Lockridge fault and […]
THE DRILL SERGEANT: Zenith Minerals (ASX: ZNC) announced it will be fast tracking its Earaheedy zinc discovery via an extensive accelerated exploration program, including RC and large diameter diamond core drilling to test the scale and extent of the discovery. The good news for Zenith Resources is that the exploration program is to be solely […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) encountered massive, semi-massive and matrix nickel-copper sulphides during on-going exploration and resource definition drilling campaign at the VC-07 prospect on the company’s Andover nickel copper project located in the West Pilbara region of Western Australia. Latest results include: ANDD0014 11.6 metres at 1.01 per cent nickel Ni and […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced results of a regional soil sampling program undertaken at the company’s Illaara project in Western Australia. Dreadnought Resources has analysed over 11,000 soil samples, generating a range of new gold and base metal targets. The company has follow up mapping and surface sampling underway with an aim […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has identified multiple new targets for nickel-copper sulphides at the company’s high-grade Mt Alexander project in the north-eastern Goldfields of Western Australia. St George Mining explained that earlier ground-based EM surveys completed along the Cathedrals Belt had identified shallow EM conductors that resulted in subsequent nickel-copper sulphide […]
Corazon Mining (ASX: CZN) has used new technology to identify new drill targets leading to a new ground acquisition at the company’s Lynn Lake nickel project in Canada. The company’s managing director Brett Smith zoomed into The Resources Roadhouse to tell us how its follow up of the oldest technology – drill rigs – has […]
Saturn Metals (ASX: STN) upgraded the Resource at the company’s Apollo gold deposit in January and is hoping to repeat that effort later in the year following some recent drilling success to be backed up by further exploratory drilling. Saturn Metals managing director Ian Bamborough zoomed into The Resources Roadhouse to provide an update.
THE BOURSE WHISPERER: Magnetic Resources (ASX: MAU) has received binding commitments for approximately $2.6 million via a placement of approximately 1.83 million new shares at $1.42 per share. Magnetic Resources indicated the funds raised will be predominately used at the company’s Hawks Nest 9 and Lady Julie projects for additional RC and deeper diamond drilling, […]
THE DRILL SERGEANT: Coda Minerals (ASX: COD) reported the final round of assay results from its two-phase, 17-hole diamond drill program at the Emmie Bluff prospect, part of the company’s Elizabeth Creek project located in the Olympic Copper Province in South Australia. Coda Minerals is the operator and majority owner of the Elizabeth Creek project, […]
THE BOURSE WHISPERER: Ausgold (ASX: AUC) announced commitments from institutional and sophisticated investors for a share placement to raise $11.25 million. Ausgold indicated the raising, at 4.5 cents per share, would fund continued exploration and Resource expansion drill at the company’s 100 per cent-owned Katanning gold project in Western Australia. The company received strong demand […]
