Peel Mining (ASX: PEX) is recalibrating its project rankings following the discovery of the Southern Nights deposit within the company’s Cobar Basin projects in New South Wales. Peel Mining’s focus has been development of the Mallee Bull and Wirlong copper and base metals discoveries. Mallee Bull is a 50:50 Joint Venture with CBH Resources hosting […]
Attracting a senior Joint Venture partner to participate in development of a project is always a good sign that said project has potential. Keeping that senior JV partner interested, invariably means the project is living up to its expectations. Cassini Resources (ASX: CZI) and its JV partner, OZ Minerals (ASX: OZL), recently completed a Further […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced completion of resource definition drilling of the known eastern mineralised zone (East Zone) at the company’s Oposura project, located in the northern Mexican state of Sonora. Azure Minerals explained the drilling of the East Zone was part of a broader resource drill-out program at Oposura designed to […]
THE BOURSE WHISPERER: S2 Resources (ASX: S2R) executed a binding Heads of Agreement with Westgold Resources (ASX: WGX) to sell its Western Australia gold project interests. S2 Resources will sell Westgold its interest in the Polar Bear project (100%), Eundynie Joint Venture (80%) and the Norcott project (100%) via the sale of all of the […]
THE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) has executed a Heads of Agreement relating to divesting the company’s 100 per cent-interest in the Reo gold project in West Africa to Tajiri Resources Corp. (TSX-V: TAJ) via an Option to Purchase Agreement. Middle Island Resources declared summary commercial terms involve aggregate cash payments to Middle […]
THE BOURSE WHISPERER: Southern Gold (ASX: SAU) announced it has extended its Farm In and Joint Venture arrangement with London listed Bluebird Merchant Ventures (LON: BMV). Southern Gold said the extension would now include the Kochang project in South Korea with terms for the Kochang gold project being broadly in line with what was previously […]
THE BOURSE WHISPERER: Intermin Resources (ASX: IRC) has consolidated its ground holding at the company’s Lakewood gold project, south east of Kalgoorlie-Boulder in Western Australia. The Lakewood project currently comprises 42 prospecting licence applications and one exploration licence application with a total area of 115 square kilometres on the greenstone belt south of Kalgoorlie-Boulder’s Golden […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) declared high-grade gold and very high-grade silver assays from the southern mineralised zone at the company’s emerging gold-silver discovery at the Silica Hill prospect, north of Orange in New South Wales. Impact Minerals explained the assays came from three diamond drill holes, and claimed that the grades of […]
THE DRILL SERGEANT: Ausgold (ASX: AUC) announced results of air core drilling (AC) at the company’s 100 per cent-owned Katanning gold project (KGP) in Western Australia’s south-west. Ausgold said the 331-hole drilling campaign had demonstrated strong continuity of mineralisation within the central project area around existing Resources along three laterally extensive mineralised lodes. 21 AC […]
THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) received interesting results from drilling at the company’s Kadungle gold-copper project in New South Wales. Recently completed drilling at the Kadungle project identified potential for both deeper copper-gold and now, shallow epithermal gold at the Trig prospect. The company indicated that assays are still pending, however construction of […]
