Alliance Resources (ASX: AGS) recently moved to 100 per cent-ownership of the company’s Wilcherry project in South Australia and has signalled it intends shifting up a gear in advancing the Weednanna gold deposit. The company recently moved to 100 per cent-ownership of the Wilcherry project, acquiring the final percentage of the project from Tyranna Resources, […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) released further good gold assay news from diamond drilling underway at the A-Zone, Lake Austin North within the company’s Cue project in Western Australia’s Murchison district. Lake Austin North is located three kilometres north of the project’s Break of Day gold deposit. The latest diamond drilling has intersected […]
THE DRILL SERGEANT: Matsa Resources (ASX: MAT) announced results from a recently completed grade control diamond drilling program at the company’s Red October gold mine in the Eastern Goldfields of Western Australia. Matsa Resources achieved multiple intersections of very high-grade gold from the recently completed 38-hole grade control drilling program at the Red October gold […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) has appointed Alex Passmore as managing director. Passmore has been CEO of Rox since the February 2019 and is a qualified geologist with extensive corporate experience. Since his appointment, Passmore sourced and negotiated the recent acquisition of the Youanmi gold project and surrounding Joint Ventures. “The appointment of […]
THE BOURSE WHISPERER: Comet Resources (ASX: CRL) appointed mineral industry executive Philippa Leggat as its new Chief Executive Officer. Comet Resources said it was happy to welcome Leggat’s strong corporate skills and experience, particularly with respect to capital markets, negotiation, strategy and delivering corporate objectives within the mining and metals sector. The company highlighted the […]
THE DRILL SERGEANT: Red 5 Limited (ASX: RED) announced the completion of maiden JORC 2012-compliant Mineral Resource estimates for the Rainbow and Severn near-mine deposits at the company’s King of the Hills (KOTH) gold project in Western Australia. Red 5 said the Resources had been calculated on drilling completed by past owners and highlight the […]
THE DRILL SERGEANT: Galan Lithium (ASX: GLN) received final assays from the third drillhole (C‐03‐19) drilled at the company’s Candelas lithium brine project, located in Catamarca province, Argentina. The drillhole is located approximately 2.5 kilometres south of the company’s maiden drillhole (C‐01‐19), which provided results including an intercept of 192 metres at 802 milligrams per […]
THE DRILL SERGEANT: Spectrum Metals (ASX: SPX) received the final assays for the maiden drilling program undertaken at the company’s 100 per cent-owned Penny West gold project near Youanmi in Western Australia. Spectrum Metals received results from three holes at the target that included: SPWRC009 1 metre at 11.5 grams per tonne gold from 86m, […]
THE BOURSE WHISPERER: Calidus Resources (ASX: CAI) announced a strategic placement of 80 million shares at an issue price of 2.7 cents a share, for a total of $2.16 million, to Alkane Resources (ASX: ALK). Alkane Resources is a New South Wales gold producer with a market capitalisation of around $120 million. Calidus declared the […]
THE BOURSE WHISPERER: Hillgrove Resources (ASX: HGO) informed the market that Steve McClare is stepping down from his company roles as managing director and CEO. Hillgrove Resources said the move was in keeping with the company’s scale down of operations at Kanmantoo and the recently-announced sale of the Pumped Hydro Energy Storage (PHES) project rights […]
