THE DRILL SERGEANT: Blackham Resources (ASX: BLK) announced it has extended the Golden Age Underground mine plan at the company’s Matilda gold operation in Western Australia for a further 6 months to December 2018. Blackham Resources became owner operator miner in the Golden Age Underground in October 2017, and by doing so reduced mining costs […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has resumed drilling at the company’s Mt Alexander project, located near Leonora in the north-eastern Goldfields of Western Australia. St George Mining informed the market that the majority of the planned program is earmarked to drill at the Stricklands prospect. Drilling carried out last year at the […]
THE BOURSE WHISPERER: Draig Resources (ASX: DRG) completed a fully underwritten placement that received strong support from institutional investors to advance the company’s high-grade Bellevue gold project north west of Kalgoorlie in Western Australia. Draig Resources completed the over-subscribed $8 million placement for 40 million shares at 20 cents per share. The company noted the […]
THE CONFERENCE CALLER: Delegates at the Paydirt 2018 Battery Minerals Conference in Perth heard that investment in renewable generation has eclipsed investment on fossil fuel generation in recent years. Speaking on day one of the Paydirt 2018 Battery Minerals Conference, Future Smart Strategies managing director, Professor Ray Wills, told punters that since 2016, additions of […]
COMMODITY CAPERS: Pundits speaking at the at Paydirt’s 2018 Battery Minerals conference in Perth have painted a rosy future for Western Australia as the country’s centre for battery technology commodity development. Opening Day One of the conference, WA Minister for Mines and Petroleum, Bill Johnston highlighted the state’s potential to become a leader in the […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) released further gold assay results from recent extensional diamond drilling undertaken at Break of Day gold deposit within the company’s Cue project in Western Australia. Musgrave Minerals intends following up the results with an aircore drilling program on recently identified near surface targets. The latest drilling consisted seven […]
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has commenced drilling at the Odin prospect, located within the Greenbushes Mineral District of Western Australia. Venture Minerals describes the Odin prospect as a, “substantial lithium target” situated just south of the world’s largest hard rock lithium mine that produces approximately 40 per cent of the world’s lithium. […]
THE BOURSE WHISPERER: Aruma Resources (ASX: AAJ) has struck a binding Sale and Purchase Agreement with Westgold Resources (ASX: WGX), under which it will acquire 100 per cent of the Trojan gold project (ML25/104), located south east of Kalgoorlie in Western Australia. Aruma Resources described the deal as a “strategic acquisition”, saying it expands the […]
THE DRILL SERGEANT: Galena Mining (ASX: G1A) claimed a new world-class Resource at the company’s 100 per cent-owned Abra lead-silver project located in the Gascoyne Region of Western Australia. Galena Mining said the Resource grade and size confirms Abra to be one of the largest undeveloped lead-silver projects in the world. The company indicated the […]
THE DRILL SERGEANT: Ardea Resources (ASX: ARL) released an update to the cobalt Resources at the company’s Kalgoorlie nickel project (KNP) in the Eastern Goldfields of Western Australia. Ardea Resources has increased the Resource for the KNP Cobalt Zone to 108.3 million tonnes at 0.10 per cent cobalt and 0.79 per cent nickel. In total […]
