THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) and Spectrum Metals (ASX: SPX) have struck a Bid Implementation Agreement (BIA) that will result in Ramelius offering to acquire all of the issued and outstanding ordinary shares in Spectrum that it does not already own. Spectrum Shareholders will receive one Ramelius share for every ten Spectrum shares […]
THE DRILL SERGEANT: Red 5 Limited (ASX: RED) updated the JORC Code 2012-compliant Ore Reserve and Mineral Resource estimates for the company’s Darlot gold mine in Western Australia. Red 5 has increased the contained ounces at the Darlot mine with the updated Proven and Probable Ore Reserve for the mine now totalling 2.6 million tonnes […]
THE DRILL SERGEANT: Magmatic Resources (ASX: MAG) informed of the receipt of the remaining three of four lines from a recent MIMDAS geophysical survey undertaken at the Lady Ilse prospect within the company’s 100 per cent-owned Wellington North project in New South Wales. Magmatic Resources reported that its interpretation of the MIMDAS data indicates the […]
THE CONFERENCE CALLER: Image Resources kicked off 2019 by loading its first bulk shipment of nominally 10,000 wet metric tonnes of heavy mineral concentrate (HMC) from the company’s 100 per cent-owned Boonanarring mineral sands project, located north of Perth in Western Australia. From there on the company barely looked back with production and sales results […]
THE CONFERENCE CALLER: Breaker Resources kicked off a major reverse circulation (RC) and diamond drilling program last year, designed to grow the one million-ounce Bombora Resource within the company’s Lake Roe gold project, east of Kalgoorlie in Western Australia. The Lake Roe project is located between two large gold deposits, the 3.5 million-ounce Carosue Dam […]
Azure Minerals Hits Impressive Gold Infilling Loma Bonita THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced first assay results from mineral resource infill and extension drilling of the Loma Bonita gold-silver deposit, located at the company’s 100 per cent-owned Alacrán project in Sonora, Mexico. Musgrave Minerals Commences Drilling on Lake Austin THE DRILL SERGEANT: […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced first assay results from mineral resource infill and extension drilling of the Loma Bonita gold-silver deposit, located at the company’s 100 per cent-owned Alacrán project in Sonora, Mexico. Azure Minerals encountered some hefty intersections of gold mineralisation over substantial widths commencing close to surface with highlights including: […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported the commencement of aircore drilling on Lake Austin within the company’s Cue gold project in the Murchison district of Western Australia. Musgrave Minerals said the drilling is part of its $18 million Earn-in and Exploration Joint Venture with Evolution Mining (ASX: EVN). The aircore drilling program will […]
THE DRILL SERGEANT: Magnetic Resources (ASX: MAU) reported further results from a comprehensive 465 RC-hole program completed at the company’s Hawks Nest prospect, located near Laverton in Western Australia. Magnetic Resources’ latest news heralds an intersection form RC hole MHNRC582 of: 4 metres at 49 grams per tonne gold from 108m. The company explained that […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced that it has taken its stake in Envirostream to a 90 per cent ownership interest. Envirostream is the only company in Australia with the integrated capacity to collect, sort, shred and separate all the components of spent lithium ion-batteries (LIBs), making it a perfect fit with Lithium […]
