THE DRILL SERGEANT: Galileo Mining (ASX: GAL) has drilling underway at the company’s Empire Rose and Yardilla South prospects in Western Australia’s highly prospective Fraser Range Belt. Galileo Mining indicated the drilling program will consist of approximately 600 metres of RC pre-collars and 600m of diamond core tails. The company has three initial holes planned […]
THE BOURSE WHISPERER: Marenica Energy (ASX: MEY) has followed the granting of EPL 6987 (Koppies) last month, with the Namibian Ministry of Mines and Energy granting an additional four exclusive prospecting licences (EPL 7278, 7279, 7368 and 7436). Marenica Energy sai the new EPLs has increased its ground position in the Namib area to 308 […]
THE DRILL SERGEANT: Comet Resources (ASX: CRL) announced discovery of two new, high-grade, graphite zones at the company’s 100 per cent-owned Springdale graphite project in Western Australia. Comet Resources explained the new zones were discovered following a reconnaissance drill program targeting a series of electromagnetic (EM) anomalies along strike from a recently announced maiden Resource. […]
THE DRILL SERGEANT: Peel Mining (ASX: PEX) reported Resource definition drilling results from the company’s 100 per cent- owned Wagga Tank project, south of Cobar in western New South Wales. Peel Mining said the Resource definition drilling has now been completed, on schedule and on budget, with work on the maiden mineral resource estimate underway […]
THE DRILL SERGEANT: Aurelia Metals (ASX: AMI) declared discovery of a new polymetallic mineral system at the Federation prospect, 10 kilometres south-southwest of the Hera Mine near Cobar in New South Wales. Aurelia Metals explained the prospect is situated in the southern portion of its 100 per cent-owned Exploration Lease 6162. In October last year […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) claimed discovery of a new steep lode with abundant coarse visible gold approximately 420 metres below surface in the southern part of the Bombora gold deposit at the company’s Lake Roe project, east of Kalgoorlie in Western Australia. Breaker Resources declared the discovery from drill hole BBDD0086, a […]
THE DRILL SERGEANT: Metalicity (ASX: MCT) claimed that petrographic, analytical and geophysical modelling has confirmed the presence of anomalous, layered mafic intrusives at the company’s Fraser Range North projects in Western Australia. Metaiclity reviewed diamond core from historic exploration holes, N3-1 and N1-1, which were drilled by Kennecott Explorations within the project areas during the […]
THE BOURSE WHISPERER: Kingston Resources (ASX: KSN) reported receiving binding commitments for a placement of 276 million shares at a price of 1.6 cents per share to institutional and sophisticated investors raising net proceeds of $4.3 million. Kingston is also offering existing eligible shareholders the opportunity to acquire new shares through a prorata non-renounceable entitlement […]
THE DRILL SERGEANT: Carawine Resources (ASX: CWX) released assay results from diamond drilling at Hill 800 within the company’s 100 per cent-owned Jamieson project in northeast Victoria. Carawine Resources claimed the drilling has confirmed the quality of historic drilling at Hill 800. The recent results stem from two diamond drill holes Carawine drilled adjacent to […]
THE BOURSE WHISPERER: Black Cat Syndicate (ASX: BC8) has received placement commitments from professional and sophisticated investors to raise $2.5 million at 20 cents per share. Black Cat Syndicate said the share placement was strongly supported by investors and directors, thus endorsing the company’s achievements since listing on the ASX in January 2018. “We are […]
