THE DRILL SERGEANT: Corazon Mining (ASX: CZN) declared recent exploration work at the company’s Mt Gilmore copper-cobalt-gold project in New South Wales has confirmed confirmed the project’s porphyry potential. Corazon Mining claimed identification of a copper-bearing diorite porphyry intrusion at the Gordonbrook Hill prospect, which has advanced the prospectivity of the Mt Gilmore project. This […]
THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has increased the JORC Mineral Resource for the Fingals Fortune, Myhree, Boundary and Trump deposits in Western Australia. The Fingals Fortune Resource has been increased using limited time and drilling (49 holes for 4,739m), by 53 per cent to 2.1 million tonnes at 2 grams per tonne […]
THE DRILL SERGEANT: Ausgold Limited (ASX: AUC) reported results for recent reverse circulation (RC) drilling carried out at the Central Zone within the company’s 100 per cent-owned Katanning Gold Project in Western Australia. Ausgold’s latest drilling campaign has extended the Jinkas South lode northward while demonstrating increasing width down dip from original high-grade intercepts. Drilling […]
THE BOURSE WHISPERER: It was called a $16 billion “merger of equals” by its two gold mining participants and, judging from what both companies brought to the table, they may well have a point. By Mark Fraser Tuesday’s announcement that Western Australian-based Northern Star Resources (ASX: NST) planned to take over fellow WA miner Saracen […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) is in the midst of an aircore/reverse circulation (RC) drilling program on 100 Musgrave-owned ground at the company’s Cue gold project in the Murchison district of Western Australia. Musgrave Minerals has received assay results for the first 49 drill holes from the current regional program that is testing […]
THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) declared discovery of a new shallow high-grade shoot at the company’s Bellevue gold project in Western Australia. Bellevue Gold reported the new high-grade Armand lode was discovered at the Bellevue gold project from recent drilling that returned a host of high-grade results over a 450 metres strike that […]
THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has commenced drilling at the company’s Aileron gold-copper project Joint Venture with Newcrest Mining (ASX: NCM), located in the West Arunta region of Western Australia. The Aileron JV has had no previous mineral exploration carried out on the project, although gold/copper anomalism has been identified within the region. […]
THE BOURSE WHISPERER: Black Cat Syndicate (ASX: BC8) has entered into a binding agreement with Aruma Resources (ASX: AAJ) to acquire that company’s Trojan, Slate Dam and Clinker Hill gold projects in Western Australia. The acquisition is subject to meeting certain conditions, such as the projects in question will be acquired by and held by […]
THE CONFERENCE CALLER: Western Australia Minister for Mines, Energy, and Petroleum, Bill Johnston began in predictable fashion when opening the 2020 Paydirt Nickel Conference by highlighting the 2019 Indonesian nickel ban and its effect on the global nickel price. He then demonstrated his grasp of the situation, briefly commenting on the metal’s rebound this year […]
THE DRILL SERGEANT: Eagle Mountain Mining is set to extend the current surface diamond drilling program underway at the company’s high-grade Oracle Ridge copper mine project, located just north of Tucson, Arizona in the United States. Eagle Mountain Mining is funding the extended program by way of a recent placement that received firm commitments to […]
