THE DRILL SERGEANT: Calidus Resources (ASX: CAI) completed an initial review of the company’s recently expanded land holdings across the Warrawoona gold project in the East Pilbara district of the Pilbara Goldfield in Western Australia. Calidus Resources said the review had generated numerous high priority gold targets. Calidus received ASTER (Advanced Spaceborn Thermal Emission and […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has upped the ante by escalating diamond drilling underway at the company’s Mt Alexander project in Western Australia. St George Mining said the decision to advance the program followed the recent intersection encountered by drill hole MAD71. The company now has DHEM being carried out in all […]
THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) received a state government nod of approval to commence exploration activities on mining tenement E25/553 within the company’s Slate Dam gold project east of Kalgoorlie in Western Australia. Aruma received the consent of the relevant minister under ‘Section 18’ of the Aboriginal Heritage Act for access to carry […]
THE BOURSE WHISPERER: Gascoyne Resources (ASX: GCY) completed a placement to raise approximately $21.5 million at an issue price of 38 cents per share. Gascoyne Resources said the placement attracted strong support shown from existing institutional shareholders and demand from new major domestic and international institutional investors. The company indicated the funds will be applied […]
THE DRILL SERGEANT: Millennium Minerals (ASX: MOY) declared outstanding results from ongoing exploration programs across the company’s 100 per cent-owned Nullagine gold project in Western Australia. Millennium Minerals carried out a program of follow-up drilling within the Yates trend, part of the Twenty Mile Sandy Mining Centre located approximately 40 kilometres north-east of the company’s […]
THE BOURSE WHISPERER: Battery Minerals (ASX: BAT) has received commitments from institutional, sophisticated and professional investors to raise $20 million. Battery Metals said the Capital Raising was oversubscribed, explaining it comprises of $19.5 million by way of placement and $500,000 in commitments under a drilling-for-equity arrangement. The company received commitments from its drilling contractor, Mitchell […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) announced the intersection of thick disseminated nickel sulphides from RC drilling recently completed at the company’s Collurabbie project north of Laverton in Western Australia. Rox Resources carried out the four-hole drilling program to follow-up strong nickel-copper-platinum-palladium aircore drilling anomalies it had recently defined at the Olympia North and […]
THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has started a program of reverse circulation (RC) drilling at the company’s 100 per cent-owned Golden Ridge cobalt project, located on the Blair Dome in Western Australia’s Eastern Goldfields. Pioneer Resources will carry out approximately 30 RC holes for 2,000 metres, however the company indicated additional holes may […]
THE DRILL SERGEANT: Intermin Resources (ASX: IRC) announced commencement of reverse circulation (RC) drilling at the Binduli JV gold project, located just outside of Kalgoorlie-Boulder in Western Australia. Intermin Resources said its Joint Venture partner Evolution Mining (ASX: EVN) has kicked off the 4,000 metre drilling program, comprising up to 39 angled RC holes to […]
THE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) signed margin Gold Forward Sales with two major banks for up to 200,000 ounces of Australian dollar denominated forward sales. Gold Road Resources explained the Hedging Facilities equate to 100,000 ounces of gold with each bank. Gold Road has already locked in forward sales contracts for 25,000 […]
