THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further high-grade gold assay results from its 100 per cent-owned Starlight Link-Lode at the Break of Day deposit on the company’s Cue gold project in Western Australia. Musgrave Minerals completed reverse circulation (RC) drilling at the Starlight Link-Lode that was focused on testing the new high-grade link-lode. […]
THE DRILL SERGEANT: Matsa Resources (ASX: MAT) announced new results from diamond drilling at the company’s Lake Carey gold project in Western Australia. Matsa Resources completed the seven-hole drilling campaign at the Fortitude North target in February 2020, from which the results of the first two holes demonstrated continuity of mineralisation to the south beneath […]
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) received further encouraging metallurgical test work results from the company’s Jaguar nickel sulphide project in northern Brazil. Centaurus Metals recently completed test work on a new composite of ore sampled from the Onça Preta deposit that returned a 16 per cent nickel concentrate grade with a nickel recovery […]
THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) released an update to the Mineral Resource Estimate at the company’s Bulong gold project in Western Australia. Black Cat Syndicate announced a 2020 update to the JORC Code 2012-compliant MRE at the Bulong project, increasing the Resource by 21 per cent to 3.5 million tonnes at 2.6 […]
THE BOURSE WHISPERER: Red 5 Limited (ASX: RED) bucked recent trends by announcing a $125 million share placement to sophisticated and professional investors. Red 5 made the placement at a price of 18 cents per share, saying that it would underpin the company’s next pivotal phase of its growth pathway to becoming a multi-asset, mid-tier […]
THE DRILL SERGEANT: Carawine Resources (ASX: CWX) declared that recent drilling at Hill 800 within the company’s 100 per cent-owned Jamieson project in northeast Victoria indicate a potential copper-gold porphyry intrusive. Carawine Resources said that drilling results from Hill 800 had identified a broad intersection of intense alteration at Hill 800 with anomalous molybdenum and […]
THE DRILL SERGEANT: Ausgold (ASX: AUC) released results of reverse circulation drilling (RC) carried out at the Central Zone within the company’s 100 per cent-owned Katanning gold project (KG”) in Western Australia. Ausgold completed the drilling during February and March that consisted a program of 23 RC drill holes and downhole EM (DHEM) within the […]
THE DRILL SERGEANT: Peel Mining (ASX: PEX) released an updated Indicated & Inferred Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Wagga Tank and Southern Nights deposits located in the Cobar Basin of western New South Wales. The company explained the MRE is reported within mineable shapes generated at $80 per tonne net […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) received final assay results from one-metre split samples at the company’s Cardinia gold project (CGP) in Western Australia. Kin Mining collected the samples from the Comedy King target, generated from an aircore (AC) drilling program completed in December 2019. The company explained the 1m samples were collected from […]
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has completed its first diamond drilling program at the company’s 80 per cent-owned Yarawindah Brook project in Western Australia. The project is considered by Cassini to be prospective for nickel, copper, cobalt and platinum group elements (PGE’s). Cassini Resources conducted the drilling to target multiple electromagnetic (EM) conductors […]
