THE BOURSE WHISPERER: Auteco Minerals (ASX: AUT) completed a $5.1 million raising, enabling it to commence exploration at the company’s Pickle Crow gold project in the Uchi sub-province of Ontario, Canada. Auteco Minerals said the placement of approximately 1456 million shares at 3.5 cents per share was underpinned by new leading domestic and international institutions […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has commenced drilling at the company’s Rocky Dam gold-VMS project, located just outside Kalgoorlie in Western Australia. Dreadnought Resources said the 1,000 metres of RC drilling was expected to be completed in early May with results to filter through by June. “This RC program will be the first […]
THE BOURSE WHISPERER: De Grey Mining (ASX: DEG) showed everybody how it’s done by announcing a raising of $31.2 million. De Grey Mining made the announcement on the back of firm commitments received for the placement of approximately 111.4 million shares at a price of 28 cents per share to sophisticated, professional and other exempt […]
THE BOURSE WHISPERER: Galan Lithium (ASX: GLN) increased its land tenure at the company’s Hombre Muerto West (HMW) project in Catamarca, Argentina. Galan Lithium has acquired a 100 per cent interest in the Deceo III tenement, located at the Hombre Muerto salar, under a new re-negotiated agreement, under which it will pay US$30,000 to the […]
THE DRILL SERGEANT: Matsa Resources (ASX: MAT) released results from drilling undertaken in February 2020 at the Hill East prospect, within the company’s Lake Carey gold project in Western Australia. Matsa Resources highlighted the location of Hill East, being within two kilometres of the company’s Devon gold mine and 10km of its Red October gold […]
THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) announced a third gold discovery in as many weeks at the company’s 100 per cent-owned Sandstone gold project in the central goldfields of Western Australia. Middle Island Resources made the third gold discovery – the Old Town Well deposit – during a recently completed Phase 1, reverse […]
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) declared the discovery of a further Volcanic Massive Sulphide (VMS) discovery at the company’s Golden Grove North project in Western Australia. Venture Minerals has defined the Neptune VMS target located along strike from the Golden Grove VMS mine. Neptune sits within the Golden Grove Mine Sequence, which hosts […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) informed the market it has been encouraged by recent results from ongoing exploration drilling programs at the company’s 100 per cent-owned Cardinia gold project (CGP) near Leonora in Western Australia. Kin Mining took receipt of initial assay results from Reverse Circulation (RC) drilling at the Cardinia Hill prospect […]
THE DRILL SERGEANT: New World Resources (ASX: NWC) reported assay results for portions of the first three holes of a maiden drilling program at the company’s Antler copper deposit in Arizona, USA. New World Resources described, “mineable thicknesses of very‐high grade mineralisation” to have been encountered in all three holes. Results include: ANTDD202001 3.93 metres […]
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) continues to increase the company’s recent Hemi gold discovery just outside of Port Hedland in Western Australia. De Grey Mining has defined three broad anomalous gold in bedrock anomalies, Aquila, Brolga and Crow, by way of aircore drilling at Hemi. The company has had RC and diamond […]
