THE INSIDE STORY: Geopacific Resources (ASX: GPR) is implementing an aggressive development program at the company’s Woodlark gold project having negotiated a project development extension of 2.5 years with the Papua New Guinea Government. By Ron Berryman Woodlark Island is located approximately 600 kilometres east of Port Moresby and is about 75 kilometres in length […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) received drilling and assay results for diamond and RCP drilling carried out at the Nankivel porphyry prospect, southeast of the company’s Paris silver project in South Australia. Investigator Resources completed four inclined diamond holes, then 20 largely inclined RCP holes. The diamond drilling intersected strong argillic, phyllic and […]
THE DRILL SERGEANT: Australian Potash (ASX: APC) has had a desktop review completed of the company’s Lake Wells project, located at the northern end of the Yamarna Greenstone belt of the Eastern Goldfields Province in Western Australia. Australian Potash is hoping to emulate the feats of its neighbour Gold Road Resources (ASX: GOR), which announced […]
THE DRILL SERGEANT: Lithium Australia (ASX: LIT) has completed stage 1 drilling, to test the Horseshoe pegmatite within the company’s 100 per cent-owned Ravensthorpe project in Western Australia. Lithium Australia has drilled twenty-six reverse circulation drill holes ranging, samples from which have been sent for testing, with results currently expected early August 2017. The company […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) announced that Marindi Metals (ASX: MZN) has agreed to discontinue the Supreme Court proceedings it commenced against the company. The court proceedings stem from the sale of Rox Resources’ interest in the Reward project, for which Marindi had originally made an offer. However, under the terms of an […]
THE INSIDE STORY: There are three items that exploration companies like to tick off when they announce a new resource-grade discovery, infrastructure and sound economics. By Ron Berryman. These three factors have provided the impetus for St George Mining (ASX: SGQ) following the acquisition of two key tenements from BHP Nickel West in 2016. The […]
THE DRILL SERGEANT: Azumah Resources (ASX: AZM) received confirmation of 18 very-high-priority and 32 high-priority target areas within a total of 140 at the company’s Wa gold project in Ghana, West Africa. Azumah Resources revealed the prioritising of the targets had come from a study conducted by geological consultants CSA Global, which included the identification […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) released an updated Mineral Resource for the Alaric Open Pit, located within the Gruyere Joint Venture tenements in Western Australia. Gold Road Resources announced the 2012 JORC Code-compliant Mineral Resource for the Alaric deposit now totals 1.92 million tonnes at 1.51 grams per tonne gold for 93,500 […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) received encouraging results from recently-completed regional EM surveys at the company’s Mt Alexander project in Western Australia. St George Mining carried out the MLEM survey over a east-northeast corridor parallel to and one kilometre south of the Cathedrals Belt. The survey identified a strong EM anomaly – […]
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) claimed to have identified a large new gold anomaly at the company’s Nepean South nickel-gold project in Western Australia’s Eastern Goldfields. Alliance Resources considers the anomaly to be of some significance, given its indicated size and location, 26 kilometres southwest of Coolgardie and prospective for both komatiitic-hosted nickel […]
