THE BOURSE WHISPERER: Peel Mining (ASX: PEX) has welcomed established ASX-listed gold producer St Barbara (ASX: SBM) to its share register following the latter’s subscription for $3.28 million of Peel shares. Pell Mining said the premium-priced placement will give St Barbara an approximate 9.5 per cent stake in the company. The placement comprises the issue […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) signed two memorandums of understanding (MoUs) for the future sale of premium zircon from the company’s Thunderbird mineral sands project, in Western Australia. Sheffield Resources said the MoUs are non-binding and have been signed with an industry leading Indian ceramics company, Ruby Ceramics Pvt Ltd, and a well-established […]
THE DRILL SERGEANT: WPG Resources (ASX: WPG) commenced drilling in the Challenger Deeps area, situated below the 215 shear, which displaces the mineralised system of the company’s Challenger gold mine in South Australia. WPG Resources said the drilling was being carried out in anticipation of mining activities commencing later in the year. The company explained […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) received more good news in the form of assay results for a further nine drill holes from the current reverse circulation (RC) drilling program underway at the Break of Day and Lena gold prospects on the company’s Joint Venture Cue project in the Murchison region of Western Australia. […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) gave its 100 per cent-owned Leonora gold project (LGP) in Western Australia a boost with results from latest in-fill drilling returning wide, high-grade intercepts from the Helens North and Helens South deposits, part of the Cardinia Mining Centre. Kin Mining explained the latest assays from the Helens deposit […]
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) received results for circulation (RC) drilling carried out on Target 3 at the Weednanna gold prospect in South Australia. Alliance Resources explained Weednanna is the most advanced gold prospect at the Wilcherry project Joint Venture between Alliance (51%) and Tyranna Resources (ASX: TYX) (49%). The RC drilling program […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) completed initial metallurgical test work at the Break of Day prospect on the Cue Project in the Murchison region of Western Australia. Musgrave Minerals is in Joint Venture at the Cue Project with Silver Lake Resources (ASX: SLR) and is taking its current 60 per cent interest in […]
THE DRILL SERGEANT: Echo Resources (ASX: EAR) declared early success from the current exploration program being undertaken on the Yandal greenstone belt in Western Australia. Echo Resources explained the Yandal program is aimed at building a global gold Resource and Reserve base to underpin re-start of the company’s Bronzewing processing hub. Echo explained the drilling […]
THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) is kicking off RC and diamond drilling programs in conjunction with an infill gravity survey at the company’s Sandstone gold project in Western Australia. Middle Island Resources indicated a program of Reverse Circulation (RC) drilling is to commence at the Sandstone project’s Macintyre prospect with a view […]
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) claimed to have continued definition of a gold anomaly during recent exploration activities carried out at the company’s Nepean South nickel-gold project in Western Australia’s Eastern Goldfields. Alliance Resources said the previously reported gold anomaly has been better defined following a third phase of auger soil sampling at […]
