THE DRILL SERGEANT: Xanadu Mines (ASX: XAM) updated the market on the progress of ongoing exploration activities at the company’s Kharmagtai project in the South Gobi region of Mongolia. Xanadu Mines said the drilling is targeting discovery of additional near-surface porphyry copper-gold deposits undercover while testing for continuity of mineralisation below the current resources within, […]
THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) released drilling results from a maiden drilling program at the company’s San Jose lithium project in Spain. Plymouth Minerals has received results for seven of ten holes completed in the current reverse circulation (RC) and Diamond drill program. The company said the drilling, and drilling by Joint Venture […]
THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) announced the commencement of drilling at the company’s Silver Swan South project, northeast of Kalgoorlie in Western Australia. Blackstone Minerals indicated this initial phase of drilling will focus on further definition of gold targets associated with an interpreted northern extension of the Fitzroy Shear, which it pointed out […]
THE DRILL SERGEANT: Cobalt Blue Holdings (ASX: COB) declared it had been encouraged by assay results from a drilling program it commenced in November 2016 at the company’s Thackaringa project near Broken Hill, New South Wales. Cobalt Blue explained the drilling had been carried out across three prospect areas, Railway, Pyrite Hill and Big Hill […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) received results for the latest drilling carried out at the Break of Day prospect on the Cue project in the Murchison region of Western Australia. Musgrave Minerals is working up the Cue project in a Farm-In and Joint Venture Agreement with Silver Lake Resources (ASX: SLR). Musgrave has […]
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) reported initial results from second phase drilling at the Fraser Lake Complex (FLC), located five kilometres south of the company’s 100 per cent-owned Lynn Lake nickel-copper-cobalt mining centre in Canada. Corazon Mining announced initial results from the latest completed hole, FLC-2017-010, which it said has intersected multiple zones […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) released infill drilling results, which it claims to confirm continuity of wide, high-grade mineralisation at the Bombora discovery within the company’s 100 per cent-owned Lake Roe gold project near Kalgoorlie in Western Australia. Breaker Resources considers the results to be a major milestone in demonstrating the continuity, mineability […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) commenced drilling at the Nankivel copper-gold porphyry target, located along a connecting structure four kilometres from the company’s 33 million ounce Paris silver project on the Eyre Peninsula of South Australia. Investigator Resources said the new campaign follows assessment of prior drilling and an Induced Polarisation (IP) geophysical […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) released results of a recently-completed Bankable Feasibility Study (BFS) on the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in northern Western Australia. Sheffield Resources said the BFS demonstrated Thunderbird to be a financially robust and technically strong project, forecast to generate EBITDA of $5.1 […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) is currently conducting Reserve Definition Drilling at the East and West lodes at the company’s Wiluna gold operation I Western Australia. Blackham Resources intends using Ore Reserves identified by this drilling as the basis for a Stage 2 expansion study aimed at growing production at Wiluna beyond 200,000 […]
