THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified two new five-kilometre-long trends within the company’s 100 per cent-owned Commonwealth project north of Orange in New South Wales. Impact Minerals considers the trends to be prospective for further discoveries of high-grade gold-silver-base metal mineralisation similar to that discovered at Commonwealth-Silica Hill. “The prospective trends have […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) reported “encouraging results” from a recently-completed RC drilling program at the company’s Fisher East project in Western Australia. Rox Resources said the program had generated the first ever intersection of massive and disseminated nickel sulphides at the Mt Tate prospect, expanding the prospectivity of the Fisher East Ultramafic […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has received all statutory environmental approvals for a follow up drill program to be conducted at the company’s 100 per cent-owned Commonwealth project, north of Orange in New South Wales. Impact Minerals said clearing of access tracks and drill pads will commence this week with drilling scheduled to […]
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) has commenced ground moving loop electromagnetic (MLEM) surveys to follow up heli-electromagnetic (HEM) conductors at the company’s Wilcherry project in South Australia. The Wilcherry project is a Joint Venture between Alliance (51%) and Tyranna Resources (ASX: TYX) (49%). Alliance Resources said the high powered MLEM survey program, being […]
THE BOURSE WHISPERER: Australian Potash (ASX: APC) released results of laboratory based test-work carried out on the company’s 100 per cent-owned Lake Wells potash project in Western Australia. Australian Potash claimed the results have confirmed the conversion process of muriate of potash to sulphate of potash to be utilised at Lake Wells. The company went […]
THE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has established a third uranium converter account for the company’s Mulga Rock project in Western Australia. Vimy Resources said the third converter account, this time with ConverDyn is to be the final commercial converter account the company will establish to enable interaction with utility customers. The company explained […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) informed the market that plaint brought by Baracus Pty Ltd over one of the tenements comprising the Collurabbie project has been dismissed. Rox Resources said the decision allows the 100 per cent acquisition of the project tenements to proceed. Rox will pay a purchase price of $25,000 cash […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) advanced offtake arrangements for the company’s 100 per cent-owned Thunderbird mineral sands project in northern Western Australia. Sheffield Resources announced the signing of a cornerstone non-binding Memorandum of Understanding (MoU) for the future sale of high-quality low temperature roast (LTR) ilmenite. The company explained the LTR ilmenite MoU […]
THE CONFERENCE CALLER: The old joke used to go something along the lines of ‘would the last person leaving Adelaide, please turn out the lights’. This became less of a joke in recent times when the Croweater’s power woes became a national discussion. However, opening the Paydirt 2017 South Australian Resources and Energy Investment Conference, […]
THE DRILL SERGEANT: Vimy Resources (ASX: VMY) announced a Mineral Resource update on the Ambassador deposit at the company’s Mulga Rock project (MRP) in Western Australia. Vimy Resources explained the update relates to the Ambassador East deposit where drilling was completed in 2016, and is part of a larger resource update of the entire Mulga […]
