THE DRILL SERGEANT: De Grey Mining (ASX: DEG) announced a substantial increase to the Mineral Resources at the company’s Mallina project in Western Ausralia. De Grey Mining reported a 29 per cent increase in overall Mineral Resources at the Mallina project – for drilling undertaken up to 31 December 2019 – compared to the July […]
THE DRILL SERGEANT: Take-over target, Alto Metals (ASX: AME) made itself an even more attractive proposition with the release of results from a recent drilling program at the Lord Nelson prospect within the company’s Sandstone gold project in Western Australia. Alto Metals conducted the drilling to target extensions of high-grade mineralisation both along strike and […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has identified a raft of new exploration targets at the company’s Mt Alexander nickel-copper sulphide project in the north-eastern Goldfields of Western Australia. St George Mining completed an MT/AMT survey at Mt Alexander that was designed to map structures and conductive rock types (including mafic/ultramafic intrusives) along […]
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 […]
