THE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) has entered into an Option Agreement to acquire the non-alluvial gold rights to the Mainland project, located within the boundaries of the company’s Cue gold project in Western Australia’s Murchison goldfields. Musgrave Minerals mentioned that the Mainland project covers a portion of the company’s prospective Break of Day […]
THE DRILL SERGEANT: VRX Silica (ASX: VRX) reported results of rock chip samples from the company’s Warrawanda project, located south of Newman in Western Australia. VRX Silica has held the Warrawanda project since 2011, when it listed on the ASX as Ventnor Resources. At that time, however, the company’s focus was on the project’s nickel […]
THE DRILL SERGEANT: AVZ Minerals (ASX: AVZ) reported results from Mineral Resource drilling undertaken at the company’s Manono lithium and tin project in the Democratic Republic of Congo. AVZ Minerals received the results from the final two of six reconnaissance drill holes it recently drilled at the Carriere de l’Este prospect. The company said the […]
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) announced results from a round of reverse circulation (RC) drilling carried out in December last year at the Weednanna gold deposit, which forms part of the Wilcherry project in South Australia. Alliance Resources drilled 17 RC holes at the Weednanna deposit to test for extensions of gold mineralisation […]
THE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) provided Alto Metals (ASX: AME) shareholders something to ponder over the weekend by announcing its intention of an all scrip off‐market take‐over offer for all the issued ordinary shares of Alto Metals. Middle Island Resources said it had formed the view that the combination of the assets […]
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) has received results from drilling on the Mallina deposit, part of the company’s 1.4 million-ounce Pilbara gold project, located near Port Hedland in Western Australia. De Grey Mining completed a drill program comprising four diamond tails and 15 RC holes that produced encouraging results showing along strike […]
Helix Resources (ASX: HLX) (Helix or the Company) is currently drilling a reverse circulation (RC) and diamond drill program testing for continuity and extensions of the high-grade Central Zone massive sulphide at the company’s Collerina copper deposit in New South Wales. Helix Resources has received its third batch of assays from the program with further […]
THE DRILL SERGEANT: Comet Resources (ASX: CRL) commenced a reverse circulation (RC) drilling program at the company’s Springdale graphite project near Hopetoun in Western Australia. Comet Resources said the program will test strike extensions to the project’s Northern Zone graphite resource and test a selected number of high-priority new targets. The drilling follows the release […]
THE DRILL SERGEANT: Riversgold (ASX: RGL) has received all results from a maiden aircore lake drilling campaign undertaken at the company’s Queen Lapage project in the Eastern Goldfields of Western Australia. Riversgold said the drilling has outlined regolith gold anomalism stretching over approximately 11 kilometres, claiming this has confirmed the potential for discovery of substantial […]
THE BOURSE WHISPERER: Ausgold Limited (ASX: AUC) has received binding commitments for a share placement to raise $1.8 million by will issuing 90 million shares at an issue price of two cents each. Ausgold indicated the fuds raised will be used to advance exploration at the company’s Katanning gold project, with work to include drilling […]
