THE BOURSE WHISPERER: Xanadu Mines (ASX: XAM) is raising an impressive $10.2 million to advance the company’s Kharmagtai copper-gold project, located in the Omnogovi province of Mongolia. Xanadu Mines announced it has received firm commitments for a placement to eligible professional and sophisticated investors of approximately 163.8 million fully-paid ordinary shares at an issue price […]
THE BOURSE WHISPERER: Great Boulder Resources (ASX: GBR) has secured a major land position in the Earaheedy Basin, east of Wiluna in Western Australia. Great Boulder Resources is following the example set by Rumble Resources, which this week announced its discovery of a major zinc-lead discovery at its Earaheedy project. GBR lodged three new tenement […]
THE DRILL SERGEANT: Eagle Mountain Mining (ASX: EM2) has decided to up the pace of drilling at the company’s Oracle Ridge project in Arizona, USA. Eagle Mountain Mining has been drilling since September 2020 with one drill rig on a 20 day on, 10 day off roster on both day and night shifts and is […]
THE DRILL SERGEANT: Alicanto Minerals reported on the first holes drilled at the company’s Greater Falun copper-gold-silver project in Sweden. Alicanto Minerals said the holes returned shallow, high-grade assays from the Swamp Thing and Heden prospects, which sit within 15 kilometres of the Falun copper-gold mine that was closed in 1992. The company considers the […]
THE DRILL SERGEANT: Centaurus Metals has made further inroads towards becoming a global nickel sulphide developer at the company’s 100 per cent-owned Jaguar nickel sulphide project in the Carajás Mineral Province of northern Brazil. Centaurus hit the market with the announcement of an updated JORC 2012-compliant Indicated and Inferred Mineral Resource Estimate (MRE) of 58.6 […]
THE DRILL SERGEANT: Aeris Resources (ASX: AIS) reported an updated Mineral Resource for the combined Klondyke and Royal deposits at the company’s 100 per cent-owned Cracow gold operations in Queensland. The updated Mineral Resource estimate of 341,000 tonnes at 3.6 grams per tonne gold for 39.5 thousand ounces of gold represents a 324 per cent […]
THE DRILL SERGEANT: Gascoyne Resources made a triumphant return to the boards of the ASX after coming out of administration exile in October 2020. During the initial post-administration period, the focus of the company was on solidifying its business plan and reinvigorating the organic growth pipeline for the company’s 100 per cent-owned Dalgaranga gold project […]
THE DRILL SERGEANT: Gold Road Resources submitted a healthy March quarterly report from the Gruyere gold mine Joint Venture with Gruyere Mining Company, a member of the Gold Fields Group, which manages Gruyere. Gruyere produced 66,213 ounces of gold enabling Gold Road to deliver its March 2021 quarter production at an AISC of $1,386 per […]
THE DRILL SERGEANT: Eagle Mountain Mining (ASX: EM2) reported results of a field mapping program at the OREX prospect, part of the company’s 80 per cent-owned Oracle Ridge mine project in Arizona. Eagle Mountain conducted the latest detailed mapping project based on encouraging results the company gained from an initial field mapping program carried out […]
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) reported news from the first phase of a 2021 drilling campaign at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba Province, Canada. Corazon completed three holes in this phase of drilling at Lynn Lake, which the company said has resulted in a successful first-pass test of a […]
