THE DRILL SERGEANT: Xanadu Mines (ASX: XAM) has commenced diamond drilling on several near-surface high-priority gold-rich porphyry copper and high-grade epithermal gold targets at the company’s 90 per cent-owned Oyut Ulaan copper-gold district located within the Dornogovi Province of southern Mongolia. Xanadu Mines explained the new drilling program follows on from a successful exploration program […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has signed further Memorandums of Understanding (MoUs) for the future sale of premium zircon and zircon concentrate from the company’s Thunderbird mineral sands project in Western Australia. Sheffield Resources announced the additional MoUs with Nanjing Rzisources International Trading Co. Ltd and Minchem HMP Limited. The company said the […]
THE BOURSE WHISPERER: Australian Potash (ASX: APC) received all necessary approvals from the Department of Mines and Petroleum, the Department of Water and the Department of Environment Regulation for development of pilot evaporation ponds at the company’s 100 per cent-owned Lake Wells potash project in Western Australia. Australian Potash indicated it will commence an on-site, […]
THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) announce the first batch of assay results from reverse circulation (RC) drill holes completed at the Typhoon Gold Prospect Tyranna Resources is manager of the Western Gawler Craton Joint Venture, which includes WPG Resources (ASX: WPG) (TYX 72% – WPG 28%) The Typhoon prospect is located approximately 39 […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) informed the market of four widely-spaced diamond drill holes carried out on the Nankivel prospect intersected the prospective core of a large multi-phase porphyry mineral system. Investigator Resources interpreted the drilling results to show the potential for copper and gold discoveries has been greatly enhanced. The newly interpreted […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) announced further shallow, wide, high-grade drilling results from ongoing infill reverse circulation (RC) and diamond drilling at the Bombora gold discovery within the company’s 100 per cent-owned Lake Roe gold project east of Kalgoorlie in Western Australia. Breaker Resources explained the drilling is part of an ongoing program […]
THE BOURSE WHISPERER: Kin Mining (ASX: KIN) has entered into an Option to Purchase Agreement with Agnew Gold Mining Company to acquire the Lawlers processing facility. Kin Mining indicated the Lawlers plant will be relocated and upgraded to meet Kin’s processing requirements at the company’s Leonora gold project (LGP) in Western Australia. Kin Mining has […]
THE BOURSE WHISPERER: Neometals (ASX: NMT) has been informed by its Joint Venture partners in the Mt Marion lithium project they are not keen on purchasing the company’s remaining 13.8 per cent interest in Reed Industrial Minerals Pty Ltd (RIM), the holder of the project. Neometals announced a sale price for the project of US$96,001,080 […]
THE BOURSE WHISPERER: WPG Resources (ASX: WPG) was forced to temporarily close down operations at the company’s Tarcoola gold mine in South Australia due to two large rain downpours, leaving all roads to the mine closed for the time being. WPG Resources said the road closures caused interruptions to scheduled deliveries of potable water, diesel […]
THE INSIDE STORY: In 2016, Alliance Resources’ (ASX: AGS) search for a flagship project culminated in the acquisition of 51 per cent of the Wilcherry project Joint Venture with Tyranna Resources (ASX: TYX). The Wilcherry project is located within the Gawler Craton in the northern Eyre Peninsula in South Australia. “We acquired direct equity of […]
