THE DRILL SERGEANT: Encounter Resources (ASX: EN) is enjoying a good run with Aircore drilling at the company’s 100 per cent-owned owned Aileron project in the West Arunta region of Western Australia. Ongoing drilling at the Aileron project has intersected continuous near-surface carbonatite across four initial aircore drill lines at the Crean target. First assays […]
THE BOURSE WHISPERER: Legacy Minerals (ASX: LGM) has picked up what it described as, “a new belt-scale exploration opportunity for large-scale mineral deposits” being the Thomson project in New South Wales. Legacy Minerals considers the Thomson project a standout opportunity for the company as a highly prospective prospect for iron oxide copper-gold (IOCG) and intrusion […]
THE BOURSE WHISPERER: Venture Minerals (ASX: VMS) announced the sale of the company’s Riley iron ore mine in Tasmania. Venture Minerals has struck a share purchase and sale agreement with Goldvalley Brown Stone Pty Ltd for the sale of the company’s wholly-owned subsidiary, Venture Iron Pty Ltd, the holder of the Riley iron ore mine. […]
THE DRILL SERGEANT: Mt Malcolm Mines (ASX: M2M) reported on recent activity at the company’s Golden Crown gold prospect in Western Australia. Mt Malcolm Mines has just completed a program of grade control reverse circulation (RC) drilling and commenced bulk sampling as well as an ore processing study at the Golden Crown prospect. The drilling […]
THE DRILL SERGEANT: Xanadu Mines (ASX: XAM) reported encounters with copper and gold at the company’s 100 per cent-owned Red Mountain copper and gold project, in the South Gobi region of Mongolia. Xanadu Mines carried out approx. 4,880 metres of diamond drilling that was designed to test shallow high-grade gold and copper-gold targets across the […]
THE CONFERENCE CALLER: Opening the 2024 Gold Coast Investment Showcase, a panel of experts were asked at look at the current fortunes of gold and copper. Any market watcher would be aware of the volatility of the copper price with the metal being subject to market perceptions on the outlook for global economic growth. The […]
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) informed the market it has extended the current drilling arrangements at the company’s 100 per cent-owned Mangaroon project in the Gascoyne Region of Western Australia. Dreadnought Resources has engaged a RC drill rig to commence drilling the Gifford Creek niobium-rare earth elemets (REE) carbonatite targets in July, immediately […]
THE DRILL SERGEANT: FireFly Metals (ASX: FFM) reported further wide high-grade copper-gold intersections from drilling underway at the company’s Green Bay copper-gold project in Canada. FireFly Metals said the latest results have demonstrated consistently high-grade mineralisation extends continuously for 460 metres outside the current Resource boundary. The company will use these results to form part […]
THE DRILL SERGEANT: Coda Minerals (ASX: COD) reported encouraging initial results from ongoing metallurgical test work it is conducting on material sourced from the company’s 100 per cent-owned Elizabeth Creek copper-cobalt project in South Australia. Coda Minerals is conducting the test work on the back of a positive Scoping Study, delivered in March 2024. The […]
THE DRILL SERGEANT: Recharge Metals (ASX: REC) has commenced its 2024 exploration season at the company’s is 100 per cent-owned Wapistan lithium project in the James Bay Region of Québec, Canada. Recharge Metals has kicked off fieldwork across eight kilometres of previously untested prospective greenstones at Wapistan West. This ground will be systematically sampled following […]
