THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has completed of a first phase drilling program at the company’s Mt Gilmore cobalt-copper-gold project in north-eastern New South Wales. Corazon Mining said the drilling had targeted the high-grade Cobalt Ridge prospect, with 18 holes of reverse circulation (RC) drilling, reaching a maximum hole-depth of 174 metres, testing […]
THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) released assay results from a further 18 reverse circulation (RC) holes drilled at the Campfire Bore gold prospect, which is part of the Jumbuck gold project in the Northern Gawler Block of South Australia. Tyranna Resources is manager of the Western Gawler Craton Joint Venture, which includes WPG […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has claimed to be the first company in the world to perfect portable laser technology for real-time, in-field soil geochemistry assays for lithium. Lithium Australia cemented a collaborative agreement, to develop LIBS technology for geochemical applications, with US based SciAps Inc (SciAps), in December 2014. Since then the […]
THE BOURSE WHISPERER: Pilbara Minerals (ASX: PLS) has inked a second off-take agreement with a Chinese lithium group for the early supply of direct shipping ore (DSO), from the company’s 100 per cent-owned Pilgangoora lithium tantalum project, located near Port Hedland in Western Australia. Pilbara Minerals described the deal as being another step towards financing […]
THE BOURSE WHISPERER: Stavely Minerals (ASX: SVY) announced a capital raising of up to $3.5 million to fast-track exploration of its portfolio of gold, and porphyry copper-gold projects in Western Victoria and Queensland. Stavely Minerals explained the capital raising has been underpinned by a Share Placement of 13.33 million shares at 15 cents per share […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) announced initial results from RC and diamond drilling undertaken to support the mill expansion study at the company’s Wiluna gold mine in Western Australia. Blackham Resources said the drilling had defined mineralisation along strike and beneath existing pits, highlighting the potential for cutbacks at several pits. Drilling of […]
THE DRILL SERGEANT: Musgrave Minerals’ (ASX: MGV) run of strong assay results has continued from reverse circulation (RC) drilling carried out at the Break of Day prospect on the company’s Cue project Joint Venture with Silver Lake Resources (ASX: SLR) in the Murchison region of Western Australia. Drill hole 16MORC052 intersected 2 metres at 41.5 […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) claimed that assay results and petrological studies of the recent first diamond drill hole drilled at the Nankivel prospect have confirmed the breakthrough discovery of a large porphyry system with copper and gold potential on the northern Eyre Peninsula in South Australia. The Nankivel prospect lies along an […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has kicked off a deep search FLEM survey at the company’s Mt Alexander project in Western Australia. The new deep search EM survey will cover the 3.5 kilometre strike length of the Cathedrals Belt where St George discovered massive nickel‐copper sulphides during the two drill programs it […]
THE DRILL SERGEANT: Ventnor Resources (ASX: VRX) is to commence drilling at the Silver Dragon and Fire Dragon base metal prospects within the company’s Biranup project area, 370 kilometres north-east of Kalgoorlie in Western Australia. Ventnor Resources said the drilling was designed to define mineralisation at the two targets generated from previous EM surveys. The […]
