THE BOURSE WHISPERER: VRX Silica (ASX: VRX) has entered into a conditional agreement for the sale of its wholly-owned subsidiary company Ventnor Gold Pty Ltd, owner of the Biranup nickel and gold project in Western Australia. VRX Silica reached the agreement with New Energy Metals Limited (NRG), an unlisted public company that is planning an […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) completed preliminary metallurgical test work at the company’s Youanmi gold project Joint Venture with Venus Metals (ASX: VMC). Rox Resources reported the testwork delivered high gold recoveries from the Youanmi gold project. Because the Youanmi project is host to several styles of mineralisation and to ensure adequate representation […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) delivered a new gold discovery from results from drilling carried out at the company’s Cue gold project in Western Australia. Musgrave Minerals reported assay results for a further twelve reverse circulation (RC) drill holes from the current program at the company’s new Starlight gold discovery at Break of […]
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) released a maiden JORC 2012 Indicated and Inferred Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Jaguar nickel sulphide project in the Carajás Mineral Province of northern Brazil. Centaurus Metals declared the 48 million tonnes at 1.08 per cent nickel for 517,500 tonnes of contained nickel […]
THE DRILL SERGEANT: Auteco Minerals (ASX: AUT) announced a maiden JORC 2012-compliant Inferred Resource for the company’s Pickle Crow gold project in Ontario, Canada. Auteco Minerals declared the independently determined 830,000 ounces at 11.6 grams per tonne gold Resource estimate stems from a review of existing data at Pickle Crow, including previous non-JORC compliant resources. […]
THE DRILL SERGEANT: Red 5 Limited (ASX: RED) reported its Final Feasibility Study (FFS) for the proposed stand-alone integrated bulk open pit and underground mining and processing operation at the company’s King of the Hills (KOTH) gold project in Western Australia is on schedule for completion in the September 2020 Quarter. Red 5 is currently […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has completed its latest round of RC drilling at the company’s Illaara gold-VMS project near Kalgoorlie in Western Australia. Dreadnought Resources completed six holes at the Metzke’s Find target that has returned visually encouraging intersections. The company reported the drilling had intersected the targeted lode horizon which consists […]
THE DRILL SERGEANT: Meteoric Resources (ASX: MEI) is poised to commence its 2020 field season at the Palm Springs gold project. located near Halls Creek in the Kimberley of Western Australia. Meteoric Resources explained that, pending the imminent completion of the acquisition of the Palm Springs project, the company has already mobilised to site in […]
THE BOURSE WHISPERER: Genesis Minerals Limited (ASX: GMD) has entered into a binding agreement to acquire 100 per cent of the Kookynie gold project, located immediately south-east of the company’s 100 per cent-owned Ulysses gold project in Western Australia. Genesis Minerals will part with $13.5 million to pick up the project, comprising a $3 million […]
THE BOURSE WHISPERER: RareX Limited (ASX: REE) has raised $2.3 million on the back of firm commitments from institutional and professional investor support for a share placement. RareX will issue 46 million shares at 5 cents per share, with company directors chipping in to the tune of collectively subscribing for $200,000 worth of shares. The […]
