THE DRILL SERGEANT: Peel Mining (ASX:PEX) has encountered high-grade zinc-lead-silver-copper-gold mineralised drill intercepts during recent drilling at the company’s 100 per cent-owned Wagga Tank project, near Cobar in western New South Wales. Peel Mining said the results have encouraged it to expand the initial Wagga Wagga drilling program, which was designed to confirm the presence […]
THE DRILL SERGEANT: Metalicity (ASX: MCT) has commenced a program of 1,200m reverse circulation (RC) drilling at the company’s Pilgangoora South lithium project in the Wodgina/Pilgangoora district of Western Australia. Metalicity has identified two key prospects it has prioritised for drilling at Pilgangoora South being the Stannum and Turner River North prospects. According to the […]
THE INSIDE STORY: St George Mining (ASX: SGQ) is gaining plenty of attention with results from its nickel sulphide and gold projects, located in the Yilgarn Craton of Western Australia. St George completed an oversubscribed raising of $6.47 million in August, largely on the back of its high-grade shallow massive nickel-copper sulphide discoveries at the […]
THE INSIDE STORY: One element that often deters investors getting involved with junior exploration companies is the concern that a share-diluting fund raising may be just around the corner. Rox Resources (ASX: RXL) recently removed any such fund-raising angst by selling off its interest in the Reward zinc project in the Northern Territory, for $20.6 […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) provided the market with an update on proceedings at the company’s Deflector gold mine in Western Australia. Doray Minerals is nearing completion of mining the open pit at Deflector with about 10 per cent of the identified ore to be removed, which has resulted in production reducing to […]
THE DRILL SERGEANT: Kairos Minerals (ASX: KAI) released initial assay results from an ongoing maiden drilling program underway at the company’s 100 per cent-owned Mt York lithium-gold project in the Pilbara region of Western Australia. Kairos Minerals has completed 12 diamond drill holes to date for 2,996.2 metres and one RC hole for 132m for […]
THE DRILL SERGEANT: Sayona Mining (ASX: SYA) released assay results from the final ten diamond drill holes to be completed at the company’s Authier lithium project in Quebec, Canada. Sayona Mining said all the diamond drill holes intercepted high-grade spodumene mineralisation. Best intercepts, include: Hole 09 38 metres at 1.1 per cent lithium dioxide (Li2O) […]
THE CONFERENCE CALLER: Uncertainty has ruled the airwaves and markets in recent times, thanks in no small part to global political machinations. The Brexit secession and the election of Donald Trump did their best to scare the pants off the global investment community, but – as we have seen – not badly enough to keep […]
THE DRILL SERGEANT: Vimy Resources (ASX: VMY) released an updated Probable Ore Reserve for the company’s 100 per cent-owned Mulga Rock project in Western Australia. The updated Probable Ore Reserve for Mulga Rock comprises 18.7 million tonnes at 755ppm uranium for a total metal content of 31.2 million pounds (14,150t) of uranium. Vimy Resources explained […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has struck Joint Venture agreement with Independence Group (ASX: IGO) covering Sheffield’s ground in the Fraser Range region of Western Australia. Sheffield Resources announced the agreement by explaining it encompasses four granted tenements E69/3052 & E69/3033 (Red Bull), E39/1733 (Big Bullocks), E28/2374-I (Bindii) and one tenement application, ELA69/2563 […]
