THE BOURSE WHISPERER: Magmatic Resources (ASX: MAG) completed the acquisition of the Mt Venn copper-nickel-cobalt project, located east of Laverton In Western Australia from Montezuma Mining Company (ASX: MZM). Magmatic Resources said the deal provides it with coverage over 60 per cent of the Mt Venn Igneous Complex in a proven mineralised district. The company […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) announced plans to spin out the company’s Mt Fisher gold project in Western Australia into a newly established, 100 per cent-owned subsidiary, Helios Gold Limited. Rox Resources intends listing this company on the Australian Stock Exchange via an Initial Public Offering. The 219 square kilometre Mt Fisher gold […]
THE DRILL SERGEANT: Intermin Resources (ASX: IRC), along with JV partner AXF Vanadium Pty Ltd, announced positive initial metallurgical testwork results from the Lilyvale prospect area, part of the Richmond vanadium project in northwest Queensland. Intermin Resources said the first pass pre-concentration testwork was completed on samples from the Lilyvale prospect area aimed at upgrading […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) declared its latest drilling program at the company’s Wiluna and Matilda gold operation in Western Australia has identified extensions to shallow oxide and transitional mineralisation. Blackham Resources said the results indicate potential for new open pits close to the Wiluna plant. During March and April, Blackham’s exploration team […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) advised that ore commissioning of the 2.5 million tonnes per annum processing plant at the company’s Dalgaranga gold project in Western Australia, is underway. Gascoyne Resources indicated that GR Engineering has commenced the ore commissioning of the Dalgaranga processing plant, declaring it to be effectively complete with components […]
THE DRILL SERGEANT: Nusantara Resources (ASX: NUS) announced a Mineral Resource update for the company’s Awak Mas gold project in South Sulawesi, Indonesia. Nusantara Resources declared the Indicated and Inferred Resource estimate, at 0.5 grams per tonne gold cut‐off, for Awak Mas, consisting of the Awak Mas, Salu Bulo and Tarra deposits, to now stand […]
THE DRILL SERGEANT: Berkut Minerals (ASX: BMT) received assay results from recent additional sampling of core from a maiden diamond drill program carried out at the company’s 100 per cent-owned Skuterud cobalt project in Norway. Berkut Minerals claimed it has now identified three distinct cobalt anomalous zones in both of the sections it has drilled […]
THE DRILL SERGEANT: Alto Metals (ASX: AME) received the first batch of assays from a regional soil sample program on the company’s Sandstone project in Western Australia. Alto Metals said the program had defined several new gold-in-soil anomalies between and around the Vanguard and Maninga Marley areas of the project. The sampling demonstrated extensive gold […]
THE INSIDE STORY: Intermin Resources (ASX: IRC) is a gold exploration and mining company focussed in the Kalgoorlie area of Western Australia with a lot more happening on the sidelines. Intermin Resources is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The company currently has […]
THE INSIDE STORY: Venture Minerals (ASX: VMS) has commenced a detailed reassessment of the high-grade tin and tungsten Resource base at the company’s Mount Lindsay project in Tasmania. Venture Minerals believes that as one of the world’s largest undeveloped tin project, Mt Lindsay is ideally placed to take advantage of the recent rise in both […]
