THE DRILL SERGEANT: Triangle Energy (ASX: TEG) confirmed to the market of an oil discovery at the Xanadu-1 Joint Venture in Western Australia. Triangle Energy said the Xanadu-1 well result and confirmation of discovery was a great outcome for the company and its shareholders. “Confirming a new oil discovery at Xanadu is an outstanding achievement,” […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has secured a second binding offtake agreement for the future sale of premium zircon from the company’s Thunderbird mineral sands project, in Western Australia. Sheffield Resources signed the deal with India’s largest ceramic raw materials supplier, Sukaso Ceracolors Ceramics Pvt Ltd. The agreement is based on a minimum […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) declared that further drill assays from the on-going drill program at the company’s gold-silver discovery at the Silica Hill prospect have continued to confirm and expand bulk-tonnage potential. Silica Hill is part of Impact Minerals’ 100 per cent-owned Commonwealth project, north of Orange in New South Wales and […]
THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) is set to commence a Feasibility Study on the development of a long-term standalone underground mining operation at the company’s 100 per cent-owned Ulysses gold project, located south of Leonora in Western Australia. Genesis Minerals said the decision to move ahead immediately with a Feasibility Study follows the […]
THE DRILL SERGEANT: Mincor Resources (ASX: MCR) reported the completion of an initial drilling campaign undertaken by its earn-in partner, Bacchus, at the company’s 100 per cent-owned Tottenham copper-gold project in New South Wales. Mincor Resources said the drilling had returned several broad and high-grade drill results, which it considers demonstrates potential upside to the […]
THE INSIDE STORY: Despite the recent efforts of the Western Australian government to hamstring the state’s gold sector, the commodity has been enjoying a buoyant 2017. Globally, the actions of governments of larger scale and influence have provided a boost to the gold price resulting in it having gained nine per cent in just […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further intersections at the Break of Day deposit with results received from recently completed reverse circulation (RC) drilling. Musgrave Minerals’ wholly-owned Break of Day gold deposit is on the Cue project in the Murchison region of Western Australia. The company received individual one-metre assay results for all […]
THE DRILL SERGEANT: Australian Potash (ASX: APC) has installed two additional test-production bores (TPBs) at the company’s Lake Wells potash project, north-east of Kalgoorlie in Western Australia. Australian Potash explained the installation of the latest TPBs follows the installation of three test-production bores in October last year across the high-grade zone hosting the large indicated […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) outlined its upcoming exploration program for the Windsor nickel sulphide prospect at the company’s 100 per cent-owned East Laverton project in Western Australia. St George Mining completed drilling at the Windsor nickel sulphide prospect earlier this year focused on testing near surface EM (electromagnetic) conductors. The company […]
THE DRILL SERGEANT: Intermin Resources (ASX: IRC) is in a Joint Venture with AXF Resources that covers the1,550 square kilometre Richmond vanadium project over five exploration permits 260km east of Mt Isa in central Queensland. Intermin Resources informed the market that AXF has commenced metallurgical sampling and compilation of an updated JORC 2012 Compliant Mineral […]
