THE ROADHOUSE BOWSER: Winchester Energy (ASX: WEL) is set to spud a step-out well in July at the company’s Mustang prospect, located in the Permian Basin of Texas, USA. Winchester Energy explained the step-out well is to spud 420 metres from the previous Mustang Prospect well White Hat 20#3, which returned initial production (IP) of […]
THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) provided an update on recent activities at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Canada. Corazon Mining has utilised a new geophysical processing technique to deliver major benefits at Lynn Lake, resulting in modelling of magnetic data using newly developed methods, such as Magnetic Vector Inversion (MVI), […]
THE DRILL SERGEANT: Calidus Resources (ASX: CAI) received first assays from a regional drilling program underway at the company’s Warrawoona gold project in the Pilbara of Western Australia. Calidus described the results as “outstanding” with the exploration campaign part of its strategy to grow the 1.25 million-ounce JORC Resource at Warrawoona, where a Preliminary Feasibility […]
THE DRILL SERGEANT: Ardea Resources (ASX: ARL) completed a first-pass gold exploration program at the Big Four prospect, part of the company’s Goongarrie nickel cobalt project in Western Australia. Ardea Resources completed 265 aircore holes for 4,861 metres at the Big Four prospect, which it said had confirmed gold mineralisation at the company’s Big Four […]
THE DRILL SERGEANT: Talisman Mining (ASX: TLM) has commenced it third RC drilling program at the Blind Calf prospect in the company’s Lachlan copper-gold project in New South Wales. Talisman Mining is close to completing preliminary site works to enable commencement of RC drilling to consist of an estimated 4,000 metres of drilling in 19 […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) informed the market it has identified new, high-priority nickel-copper sulphide targets at the company’s Mt Alexander project, located near Leonora in the north-eastern Goldfields. St George has previously reported intersections of high-grade nickel-copper sulphides across a 4.5-kilometre strike of the Cathedrals Belt – spanning from the Investigators […]
THE BOURSE WHISPERER: King Island Scheelite (ASX: KIS) released results of an updated Feasibility Study and Revised Mineral Reserve Estimate for the redevelopment of the company’s 100 per cent-owned Dolphin tungsten project in King Island, Tasmania. The probable reserves, in accordance with JORC 2012 code, have estimated to be 3 million tonnes at 0.73 per […]
THE DRILL SERGEANT: Spectrum Metals (ASX: SPX) is preparing a Sub‐Audio Magnetic (SAM) survey to be carried out over the Penny West Shear and surrounds at the company’s Penny West gold project in Western Australia. Spectrum Metals has engaged Gap Geophysics to complete the SAM survey covering the Penny West Shear from south of the […]
THE CONFERENCE CALLER: It’s only a few weeks until we pack our bags and shine our white shoes to head off to the land of sunshine to attend the 2019 Gold Coast Investment Showcase. In the lead up to the event The Resources Roadhouse will take a weekly look at a few of the resource […]
THE DRILL SERGEANT: Piedmont Lithium (ASX: PLL) announced Phase 4 drill results for the company’s Piedmont lithium project located within the Carolina Tin-Spodumene Belt (TSB) in North Carolina, USA. Piedmont Lithium completed 41 drill holes at the project’s Core property, encountering mineralisation in 40. The company said the Phase 4 drilling had continued to expand […]
