THE BOURSE WHISPERER: Aruma Resources (ASX: AAJ) has been granted the Slate Dam gold tenement east of Kalgoorlie in Western Australia. Aruma Resources said the new tenement sits adjacent to the company’s Glandore Joint Venture with Southern Gold (ASX: SAU) and its Goddards Dam project. The company claimed the tenement to cover highly anomalous gold […]
THE BOURSE WHISPERER: Neometals (ASX: NMT) woke the market with a start by announcing it has given notice to its Joint Venture partners in the Mt Marion lithium project of its decision to sell all the company’s 13.8 per cent stake in the project vehicle, Reed Industrial Minerals Pty Ltd (RIM), for around US$96 million […]
THE INSIDE STORY: If our Prime Minister was to pay as much attention to the resources sector as he should, he would most probably declare that we are currently in a very exciting time to be a near-term zinc producer. Global zinc demand is being forecast to increase on the back of the closure of […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) claimed discovery of further massive nickel-copper sulphides at the Investigators prospect during a drill program currently underway at the company’s Mt Alexander project in Western Australia. St George Mining said three of the five drill holes it has completed to date have been successful in testing three […]
THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) achieved high lithium recovery results from an ongoing metallurgical testwork program underway at the company’s advanced San Jose lithium project in Spain. Plymouth Minerals said the initial results it had received from this first pass metallurgical testwork program had exceeded its expectations. The testwork used a sulphuric acid […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) received further assay results from RC drilling undertaken at the Sly Fox prospect, located within the company’s 100 per cent-owned Dalgaranga gold project in Western Australia. Gascoyne Resources said the latest RC results from the recent Sly Fox gold discovery include: 23 metres at 1.6 grams per tonne […]
THE DRILL SERGEANT: Alloy Resources (ASX: AYR) has completed a round of field exploration work at the company’s Ophara project located 50 kilometres west of Broken Hill in New South Wales. Alloy Resources explained the recent field examination activities of historical GEOTEM anomalies involved a systematic inspection of EM anomaly peaks and trends carried out […]
THE DRILL SERGEANT: Avalon Minerals (ASX: AVI) commenced a program of diamond drilling on the company’s Viscaria copper project, located near Kiruna in northern Sweden. Avalon Minerals outlined the drilling schedule, which will progress from the old Viscaria Mine to a target that is an interpreted northern extension of the D Zone orebody. Drilling will […]
THE DRILL SERGEANT: Lithium Australia (ASX: LIT), with Joint Venture partner Alix Resources has commenced a 3000 metre drilling program at the Agua Fria lithium prospect, part of the companies’ Electra joint venture (LIT 49%, AIX 51%) in Mexico. Lithium Australia said the Agua Fria target has been traced for approximately five kilometres along strike, […]
THE DRILL SERGEANT: Echo Resources (ASX: EAR) took receipt of results from the first six reverse circulation (RC) drill holes completed within the company’s Orelia gold deposit, located approximately eight kilometres from the Bronzewing Processing Hub in Western Australia. Echo Resources said the results had raised its confidence levels that Orelia may be an ideal […]
