THE DRILL SERGEANT: Alicanto Minerals (ASX: AQI) released a maiden JORC 2012-compliant Inferred Resource for the company’s 100 per cent-owned Arakaka gold project in Northwest Guyana, South America. Alicanto Minerals’ declared the Inferred Resource of 500,000 ounces at 1.8 grams per tonne gold based on a review of data at Arakaka collected by Alicanto in […]
THE BOURSE WHISPERER: RareX Limited (ASX: REE) received commitments to raise $3 million via a share placement to institutional, sophisticated and professional investors. Rare X raised the funds at 10 cents per share, a nice discount to its current share price of 12 cents, resulting in 30 million new fully-paid ordinary shares to be issued. […]
THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) reported results from the second phase of aircore (AC) drilling carried out on the Blue Poles discovery, within the company’s Whiteheads project north of Kalgoorlie. Great Boulder Resources had designed this phase of drilling to define the limits of mineralisation at Blue Poles prior to RC drilling, […]
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported on drilling recently carried out at the company’s Hemi gold discovery, located south of Port Hedland in Western Australia. De Grey Mining has been drilling on the Aquila and Crow zones that are located adjacent and to the north of the large Brolga intrusion at Hemi. […]
THE BOURSE WHSIPERER: Cazaly Resources (ASX: CAZ) has taken 100 per cent-ownership of the Halls Creek project in Western Australia. Cazaly Resources already owned 20 per cent of the project and purchased the remaining 80 per cent from 3D Resources (ASX: DDD). The Halls Creek project comprises granted Mining Lease 80/247 situated near the township […]
THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has kicked off a new round of drilling at the company’s Ta Khoa nickel-copper-PGE project in Vietnam. Blackstone Minerals is drilling at the Ban Khoa nickel-copper-PGE prospect that sits around 1.5 kilometres from the project’s main Ban Phuc deposit. The company considers the Ban Khoa prospect to be […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) claimed discovery of a new nickel-copper sulphide zone at the company’s Andover nickel-copper project (60% Azure / 40% Creasy Group) in Western Australia. Azure Minerals made the claim after its latest diamond drillhole, ANDD0004, intersected a 38m-wide zone containing substantial intervals of nickel-copper sulphides, including zones of massive […]
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has continued its recent drilling success at the Orcus target within the company’s Golden Grove North project in Western Australia. Venture Minerals announced the second and third holes drilled into the Orcus target had both encountered disseminated to semi-massive sulphides with copper and zinc. Venture’s second drill hole […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) released a Resource update at the company’s 100 per cent-owned Break of Day gold deposit on the Cue gold project in the Murchison district of Western Australia. Musgrave Minerals’ Mineral Resource (Indicated and Inferred) update at Break of Day has estimated the Starlight and White Light lodes to […]
THE DRILL SERGEANT: Firefly Resources (ASX: FFR) reported the completion of the second phase of a planned maiden drill program at the company’s 100 per cent-owned Yalgoo gold project in Western Australia. Firefly Resources declared the results received from the first seven RC drill-holes as “outstanding”, adding that they had confirmed the presence of thick, […]
