THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) reported on a recently completed soil sampling campaign undertaken on the company’s Yuinmery project within the Murchison Region of Western Australia. The Yuinmery project covers prospective portions of the Youanmi Complex, located approximately 500 kilometres north-east of Perth. Golden Mile resources collected 451 samples it claims to […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported assay results from recently completed diamond drilling undertaken on the company’s Cue Joint Venture with Evolution Mining (ASX: EVN) over Lake Austin in Western Australia’s Murchison district. Musgrave Minerals declared the results to have identified strong basement gold mineralisation at the West Island prospect with gold intersections […]
THE DRILL SERGEANT: Matador Mining (ASX: MZZ) announced the completion of a raising that delivered proceeds of $16 million. The funds were raised from the placement of 28.5 million shares at a price of 56 cents per share, which was a 28 per cent premium to the last closing price of Matador shares on 24 […]
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) informed the market that its Joint Venture partner Chalice Mining (ASX: CHN) has generated new EM anomalies from the early stages of a ground based moving loop EM (MLEM) and fixed loop EM program at the company’s South West nickel-copper-PGE project in Western Australia. Venture explained that Chalice […]
THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported results from recently completed aircore drilling at the company’s 80 per cent-owned Gidji JV project near Kalgoorlie in Western Australia. Miramar Resources said the new assay results, from 1 metre re-splits of the Phase 2 aircore drilling campaign, have upgraded the prospectivity of the Gidji project, with […]
THE DRILL SERGEANT: Calidus Resources (ASX: CAI) reported the start of diamond drilling at the high-grade Blue Spec deposit at the company’s Warrawoona gold project in Western Australia. Calidus Resources said the drilling was part of its development strategy for Warrawoona with Blue Spec to be integral to the growth of the project’s forecast production […]
THE DRILL SERGEANT: Zenith Minerals (ASX: ZNC) reported the identification of four new drill targets at the company’s Develin Creek copper-zinc massive sulphide project in Queensland. Zenith Minerals identified the new targets via induced polarisation (IP) geophysical surveys carried out at the Snook and Wilsons copper-zinc prospects. The targets include two new high-quality drill targets […]
THE BOURSE WHISPERER: Ardea Resources (ASX: ARL) has raised $5.7 million to accelerate activities at the company’s Kalgoorlie nickel project (KNP) in Western Australia. After the cash is banked, Ardea Resources will have more than $10 million cash it intends spending to progress feasibility study work streams, including hydrology and metallurgical drilling programs, metallurgical test […]
THE DRILL SERGEANT: Firefly Resources (ASX: FFR) reported assay results from follow-up sampling of recorded and unrecorded gold workings across the northern extent of the company’s 100 per cent-owned Yalgoo gold project in Western Australia. Firefly Resources recently announced it would be merging with Gascoyne Resources, however this apparently hasn’t stopped the company from concentrating […]
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported an increase in the Mineral Resources Estimate for the company’s Mallina gold project (MGP) near Port Hedland in Western Australia. De Grey has taken the MRE from 2.2 million ounces to 9 million ounces, thanks mainly to the company’s 6.8 million ounces Hemi discovery Maiden Mineral […]
