THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported encouraging near-surface drill intersections from recent RC drilling undertaken at the company’s 100 per cent-owned Apollo Hill gold project, near Leonora in the Western Australian goldfields. Saturn Metals explained the drilling focused along higher grade structural zones or shoots (Armstrong and Eagle Shoots) within the main Apollo […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) received the final assay results from a resource drill-out program undertaken on the East Zone at the company’s 100 per cent-owned Oposura zinc-lead-silver project in Mexico. Azure Minerals said that having completed the drilling and subsequent results it has started the mineral resource estimate for the Oposura project. […]
THE DRILL SERGEANT: Lithium Australia (ASX: LIT) declared identification of lithium pegmatite swarms at Medcalf, part of the company’s Lake Johnson project in the lithium-prospective Yilgarn Block of Western Australia. The region is host to other major lithium deposits such as Earl Grey (Kidman Resources and SQM) Mt Marion (NeoMetals, Gangfeng and Mineral Resources) and […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported the first results from drilling underway at the company’s Cue gold project in the Murchison region of Western Australia. Musgrave Minerals has the results for the first 35 drill holes of the current 110 drill hole program that is testing 10 new high priority gold targets at […]
COMMODITY CAPERS: The Association of Mining and Exploration Companies has taken a front foot approach to encouraging State and Federal government participation in development of the Western Australia lithium industry. The lobby group hopes its proactive stance on the issue will inspire State and Federal governments of all persuasions to do the same, rather than […]
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has completed metallurgical testwork at the company’s Mount Gilmore cobalt-copper-gold project in New South Wales. Corazon Mining said the Phase 3 metallurgical testwork at the Mount Gilmore project delivered a high-grade cobalt concentrate with the potential to supply the emerging global battery technology sector. The company explained the […]
THE BOURSE WHISPERER: Venture Minerals (ASX: VMS) declared it has received commitments to raise $2.5 million in a two-tranche placement. Venture Minerals said the issue of 85.1 million shares at three cents per share had received strong demand from new and existing Australian and international investors. The placement will take form in two tranches. In […]
THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) informed the market of recent corporate-related activities regarding the company’s 100 per cent-owned Oposura project in Mexico. Azure Minerals claims to have received plenty of interest from over a dozen metals trading companies and base metal smelters to purchase the high-quality zinc and lead-silver concentrates that will be […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has signed a binding Port Access Agreement with the Shire of Derby-West Kimberley in Western Australia. Sheffield Resources explained the Agreement spans a minimum of 20 years of planned production and provides the company with long term access to a bulk handling facility and associated infrastructure located at […]
THE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) has finalised the transaction for the divestment of the Reo gold project in Burkina Faso, West Africa. Middle Island Resources has executed a formal Option to Purchase Agreement with TSX(V)-listed Tajiri Resources Limited, which provides Tajiri with the option to acquire 100 per cent of MDI’s interest […]
