THE DRILL SERGEANT: Ausgold Limited (ASX: AUC) has completed reconnaissance Reverse Circulation (RC) drilling to test two areas within the company’s 100 per cent-owned Katanning gold project (KGP) in Western Australia. Ausgold drilled a maiden RC program of five shallow holes at the Burong prospect, located seven kilometres from the Central Zone Resource area at […]
THE BOURSE WHISPERER: Apollo Consolidated (ASX: AOP) is soon to be $7 million richer having agreed conditional terms for the proposed sale of its 20 per cent interests in Exore Resources’ (ASX: ERX) Bagoe and Liberty projects in northern Cote d’Ivoire to Ibaera Capital Fund LP. Under the terms of the proposed sale, Apollo will […]
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has claimed to have made a new gold discovery at the company’s 100 per cent-owned Kulin project in Western Australia. Venture Minerals’ Kulin project sits within the South West Terrane of the Yilgarn Archean Craton, which already contains several major gold deposits such as Australia’s 2nd largest gold […]
THE DRILL SERGEANT: Red 5 Limited (ASX: RED) announced maiden JORC 2012-compliant Mineral Resource estimates for the Cerebus-Eclipse and Centauri near-mine deposits at the company’s King of the Hills (KOTH) gold mine in Western Australia. Red 5 have placed some importance on these satellite deposits within its proposed mining strategy for the KOTH project, as […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has defined a number of gold-in-soil anomalies with strong pathfinder associations at the Metzke’s Find prospect within the company’s Illaara gold-VMS project, located near Kalgoorlie in Western Australia. Dreadnought Resources identified the anomalies by way of a recently completed ultra-fine fraction soil survey at the approx. 12 kilometres […]
THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has continued to encounter high-grade gold intersections from drilling underway at the company’s Bulong gold project in Western Australia. Recent shallow RC drilling at Myhree returned several zones of thick, high grade mineralisation from drill holes drilled parallel to the strike of mineralisation to investigate a possible […]
THE DRILL SERGEANT: Exore Resources (ASX: ERX) has announced a maiden independent JORC 2012-compliant Mineral Resource Estimate for the company’s Bagoe gold project in northern Cote d’Ivoire (Ivory Coast). Excore Resources explained the Mineral Resource Estimate includes drilling the company has completed at the Antoinette and Veronique deposits during the past 14 months of project […]
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) has confirmed the Crow Zone at the company’s Hemi gold discovery in Western Australia as a third large gold system. De Grey Mining completed six RC holes at Crow, five of which intersected broad scale, semi continuous gold mineralisation with narrower higher-grade intervals. Results from the drilling […]
THE DRILL SERGEANT: – ioneer Ltd (ASX: INR) announced a 280 per cent upgrade to the Ore Reserve estimate for the company’s 100 per cent-owned Rhyolite Ridge lithium-boron project in Nevada, USA. ioneer informed the market that the Ore Reserve at Rhyolite Ridge has been increased by 44.2 million tonnes and is now estimated to […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) is presently undertaking a long-term program of diamond and reverse circulation (RC) drilling at the Bombora deposit at the company’s Lake Roe project, east of Kalgoorlie in Western Australia. The drilling is targeting both discovery and expansion below and along strike from the current one-million-ounce open pit Resource […]
