THE DRILL SERGEANT: Vimy Resources (ASX: VMY) announced a Ore Reserve update for the company’s 100 per cent- owned Mulga Rock project in Western Australia. Vimy Resources said the Ore Reserve update consists of 22.7 million tonnes at 845ppm uranium (U3O8) for a total metal content of 42.3 million pounds (19,185 tonnes) of U3O8. This […]
THE CONFERENCE CALLER: The recent rise in activity for junior resource companies is directly proportional to the rise in investment cash flowing towards the sector. Austex Mining executive director Rob Murdoch provided the wakeup call for the second day audience at Brisbane mining 2017 with results of research that showed there to be, on average, […]
THE CONFERENCE CALLER: Queensland Government resources investment commissioner Todd Harrington opened the Brisbane Mining 2017 conference this week by acknowledging the recent tough times endured by the resources sector. “It’s been a pretty rough five years, or more, for investors and the mining community,” Harrington told delegates. But he was emphatic in declaring the industry, […]
THE DRILL SERGEANT: MOD Resources (ASX: MOD) plans to double its exploration budget to approximately $10 million at the company’s Botswana copper project. MOD Resources said the budget increase recognises the substantial untested potential it considers to exists within the company’s regional licence holdings. MOD plans to extend drilling well beyond T3, where a 70 […]
THE BOURSE WHISPERER: Impact Minerals (ASX: IPT) completed a Placement of $2 million of the shortfall from the company’s recent Share Purchase Plan. Impact Minerals revealed the placement followed on the heels of recent results returned from an ongoing drill program underway at the company’s 100 per cent-owned Commonwealth project, located north of Orange in […]
THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) secured up to $72 million in funds to continue to advance the Expansion Definitive Feasibility Study (DFS) at the company’s 100% owned 6.2 million ounce Matilda and Wiluna gold operation in Western Australia. Blackham Resources said the funds would allow it to manage its balance sheet whilst it […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) announced a revised Mineral Resource for the company’s Leonora gold project (LGP) in Western Australia. Kin Mining said the LGP Resources have increased by 42 per cent on the previous estimate, and now total 22.3 million tonnes at 1.43 grams per tonne gold for 1.02 million ounces of […]
THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) released results of an Expansion Preliminary Feasibility Study (PFS) on the company’s 100 per cent-owned Matilda and Wiluna Gold Operation in Western Australia. Blackham Resources informed the market that the PFS demonstrated robust economics and improved economies of scale supporting an expansion to the operation. The company explained […]
THE INSIDE STORY: S2 Resources (ASX: S2R) added a new stamp to its passport by entering into an agreement with TSXV-listed Renaissance Gold to earn in to three of that company’s properties located on some of the major known gold mineralised trends in Nevada, USA While in North America S2 also made a C$1 million […]
THE INSIDE STORY: Alliance Resources (ASX: AGS), as operator of the Wilcherry Joint Venture in South Australia, completed a RC drilling program on the Zealous tin-base metals, Telephone Dam zinc-lead-sliver, and Weednanna gold prospects. Alliance Resources (51%) and Tyranna Resources (ASX: TYX) (49%) entered the Wilcherry JV in 2016, when the latter wanted to concentrate […]
