THE DRILL SERGEANT: Marenica Energy (ASX: MEY) has commenced drilling at the company’s Mile 72 uranium project (EPL 3308), located in the North West of the Erongo Region of Namibia. Marenica Energy acquired Mile 72 in May 2018 and has assessed exploration potential within the project area whilst obtaining government approvals to commence on-ground exploration. […]
THE BOURSE WHISPERER: FYI Resources (ASX: FYI) has plans to spend a payment of $300,000 it has received advanced against an expected 2019 R&D tax rebate. FYI Resources said the funds would be directed towards the development of the pilot plant for the company’s Cadoux kaolin project in Western Australia. The company said this would […]
THE BOURSE WHISPERER: Canyon Resources (ASX: CAY) has had an independent assessment carried out of the existing Camrail rail network located adjacent to the company’s Minim Martap bauxite project in Cameroon. The assessment was completed by Canyon Resource’s infrastructure partner Mota Engil Africa, which has concluded that the existing rail has the capacity to transport […]
THE DRILL SERGEANT: MOD Resources (ASX: MOD) announced a substantial upgrade to the Ore Reserve within the company’s planned, 100 per cent-owned, T3 (Motheo) open pit mine, also known as the T3 copper project in Botswana. MOD Resources is getting close to completing a Feasibility Study at T3 copper project, which incorporates the updated Ore […]
THE BOURSE WHISPERER: Marenica Energy (ASX: MEY) has been granted exclusive prospecting licence (EPL) 6987 in Namibia. Marenica Energy explained the EPL 6987, known as Koppies, covers part of the eastern extension of the Tumas palaeochannel, which hosts other uranium deposits, including the Tumas and Tubas uranium deposits owned by Deep Yellow (ASX: DYL). Drilling […]
THE DRILL SERGEANT: There has been a raft of positive drilling results of late such as these from three companies scheduled to present at the RIU Sydney Resources Roundup in May. Breaker Resources Extends Bombora Strike Length Breaker Resources (ASX: BRB) reported drilling has extended the strike length of mineralisation at the Bombora gold discovery […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) reported drilling has extended the strike length of mineralisation at the Bombora gold discovery within the company’s Lake Roe project, east of Kalgoorlie in Western Australia. Breaker Resources has extended Bombora by 700 metres to 3.2 kilometres saying it had continued to enhance the discovery’s underground mining potential. […]
THE DRILL SERGEANT: Spectrum Metals (ASX: SPX) claimed confirmation of the discovery of a new high-grade lode at the company’s Penny West project in Western Australia. Spectrum Metals received assay results from three additional holes that returned results of: SPWRC016 8m at 24.2g/t gold from 149m and SPWRC018 4m at 35.2g/t gold from 135m within […]
THE DRILL SERGEANT: Exore Resources (ASX: ERX) claimed a new gold discovery at the company’s Bagoe project in northern Cote d’Ivoire. Exore Resources made the claim following the receipt of results from initial reconnaissance aircore (AC) drilling at the Veronique target whilst progressing its objective of defining a multi-million-ounce gold project in northern Cote d’Ivoire. […]
THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) is preparing RC drilling to resume at the company’s Bulong gold project in Western Australia. Black Cat Syndicate will commence the RC drilling program in the Myhree-Boundary Corridor where drilling will focus on extension of the current Myhree Resource of 0.5 million tonnes at 3.2 grams per […]
