THE DRILL SERGEANT: Peel Mining (ASX: PEX) has extended the Wirlong copper discovery at the company’s Cobar Superbasin project in New South Wales. Recent drilling completed by Peel, and funded by JOGMEC, through an earn-in agreement, has intersected multiple mineralised intervals, extending the known mineralisation, which remains open in all directions. Peel said the mineralisation […]
THE DRILL SERGEANT: MOD Resources (ASX:M OD) announced it has encountered wide copper/silver intersections within the Phase 1 resource target area at the T3 prospect in the Kalahari Copper Belt, Botswana. T3 is part of a Joint Venture between MOD Resources (70%) and AIM-listed Metal Tiger (30%). Results from the drilling include: MO-G-18D 30.4 metres […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has dipped its toes into Queensland’s potential lithium exploration and development sector. Lithium Australia has lodged applications for ground it considers to be prospective for lithium on Cape York. The company explained the applications are the result of an enlarged strategy, under which it intends to now look […]
THE BOURSE WHISPERER: S2 Resources (ASX: S2R) announced the completion of the bookbuild for a placement to domestic and international institutional and sophisticated investors raising $9.1 million. S2 said the placement was heavily oversubscribed with a lot of interest from a variety of existing and new investors, which the company put down to recent exploration […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) announced an extension to the ongoing reverse circulation (RC) and diamond drill program to be undertaken at the company’s 100 per cent-owned Commonwealth project, located north of Orange in New South Wales. The company said the program will be extended by about 25 per cent to follow up […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced the expansion of the company’s lithium holdings throughout Western Australia with the acquisition of additional acreage in the prospective Gascoyne region. The company has acquired three new prospects via the 100 per cent takeover of private company, Lithophile Pty Ltd. Lithium Australia declared the prospects to all […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has encountered further massive nickel‐copper sulphides at the Stricklands prospect, within the company’s Mt Alexander project in Western Australia. St George completed two drill holes at Stricklands to test two separate, strong off‐hole conductors identified by a DHEM survey in drill hole MAD22, which was drilled in […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has kicked off a new round of reverse circulation (RC) drilling at the Break of Day gold target, part of the company’s Cue project in the Murchison region of Western Australia. The primary objective of the drilling will be to test the lateral strike continuity of high-grade gold […]
THE DRILL SERGEANT: Southern Gold (ASX: SAU) has received results of recent drilling to evaluate the potential for extensions to ore zones immediately beneath the company’s producing Cannon gold mine in Western Australia. The Cannon mine is being managed by Southern Gold’s development partner, Metals X (ASX: MLX). Ore from the mine is being treated […]
THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) announced the completion of its current capital strategies, raising approximately $4.8 million, which it intends spending on drilling program at the company’s most advanced lithium projects. This drilling will further test known spodumene-bearing pegmatites at the Mavis Lake and recently acquired Raleigh Projects in Ontario, Canada. It will […]
