THE INSIDE STORY: Blackham Resources (ASX: BLK) completed the first gold pour at the company’s Matilda/Wiluna gold project in Western Australia last year, a feat that would satisfy any number of companies. Blackham Resources, however, is not your average company, something it has continually demonstrated since it began consolidating ground surrounding the Wiluna gold processing […]
THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) announced the start of a Phase 3 exploration campaign has started with drillers mobilised at the Typhoon gold prospect with shallow calcrete drilling underway at the Greenewood – Mainwood gold prospects in South Australia. Tyranna Resources is manager of the Western Gawler Craton Joint Venture, which includes WPG […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) announced high gold grades from surface from exploration drill testing at the East Lynne prospect, located approximately 300m north-east of the company’s Rangoon Mineral Resource in Western Australia. Kin mining revealed the Reverse Circulation (RC) drilling initially recorded an assay result of 3 metres at 209 grams per […]
THE DRILL SERGEANT: Oro Verde (ASX: OVL) has commenced a diamond drilling program at the company’s Topacio gold project, located in southeastern Nicaragua. Oro Verde said the initial program entails seven diamond holes incorporating approximately 1,650 metres and will focus on key locations identified along the Rebeca Vein, where the company has interpreted a strike […]
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) announced the recommencement of a regional helicopter-borne electromagnetic survey (HEM) at the Wilcherry project in South Australia. Alliance Resources holds a 51 per cent interest in the Wilcherry project in a Joint Venture with Tyranna Resources (ASX: TYX). Alliance explained the HEM survey is 86 per cent complete, […]
THE BOURSE WHISPERER: Southern Gold (ASX: SAU) released results of the seventh processing campaign of ore treated during January and February 2017 from the company’s Cannon Gold Mine southeast of Kalgoorlie in Western Australia. Southern Gold’s gold processing is being managed by Westgold Resources (ASX: WGX). The latest campaign produce 14,257 ounces of gold, bring […]
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has carried out preliminary metallurgical testwork on samples from the company’s Mount Gilmore project in New South Wales. Corazon Mining said the work had delivered excellent results with simple flotation testing yielding a recovery of 92.2 per cent for cobalt, 89 per cent for copper and 75.5 per […]
THE BOURSE WHISPERER: Southern Gold (ASX: SAU) has put a gold hedge in place with Japan’s Sumitomo Corporation Global Commodities (SCGC). Southern Gold described the hedge as a fixed forward contract to sell 2,500 troy ounces (Toz) of gold at $1,621 per Toz, representing a contract value of $4,052,500. The company explained the forward sale […]
THE BOURSE WHISPERER: Vimy Resources (ASX: VMY) received Commonwealth approval for the company’s Mulga Rock uranium project in Western Australia. Vimy Resources said the Minister for the Environment and Energy, Josh Frydenberg, has approved its proposed action, being the development of the Mulga Rock project, located 240 kilometres north east of Kalgoorlie, subject to specified […]
THE DRILL SERGEANT: Alloy Resources (ASX: AYR) notified the market of results from a recently completed RC drill program at the company’s Ophara project, located west of Broken Hill in New South Wales. Alloy Resources explained the 12 hole RC drill program was designed to define the strike and depth potential of the known cobalt‐gold […]
