THE CONFERENCE CALLER: The Crown Perth Convention Centre was the venue for the 2016 Association of Mining and Exploration Companies (AMEC) Convention. Day Two continued with more investor-focused company presentations. Neometals (ASX: NMT) chief operating officer Michael Tamlin woke up the after-lunch crowd by declaring the present time to be, “a very exciting time for […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has received assay results from recent exploration and feasibility drilling activities carried out at the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. The company said initial results received from resource and metallurgical core drilling has confirmed down dip widths and grades […]
THE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) has welcomed a new cornerstone investor to the company’s register. Malaysian publicly-listed company, MAA Group Berhad will subscribe to $1 million worth of Altech shares. According to Altech, MAAG is a Malaysian publicly-listed insurance, investment, credit and finance group with total assets of RM1.45 billion and annual turnover […]
THE DRILL SERGEANT: Jindalee Resources (ASX: JRL) has applied for an Exploration Licence (E80/5027) covering the Aries kimberlite cluster, including the Aries, Athena, Helena and Persephone diamondiferous kimberlite pipes. The Aries project is located in the Kimberley region of Western Australia, approximately 270km east of Derby and 230km west of the Argyle diamond mine. Jindalee […]
THE DRILL SERGEANT: Terramin Australia (ASX: TZN) has received the first assay results from diamond drill core samples completed at the company’s Bird-in-Hand gold project. Results were received from two holes drilled on the Red Reef target at the project, returning: BH054 5.8 metres at 37.43 grams per tonne gold from 192.9m down hole, including […]
THE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) announced the new solar power facility at the company’s 100 per cent-owned DeGrussa copper-gold mine in Western Australia has achieved full generation capacity. The facility is currently generating approximately 7MW of power, which Sandfire said was in line with seasonal expectations. Solar generating output will ramp up during […]
THE DRILL SERGEANT: Kairos Minerals (ASX: KAI) has received analytical results from an initial campaign of reconnaissance rock chip sampling recently undertaken at the company’s Mt York lithium-gold project. The project is located in the emerging lithium-endowed Pilgangoora Region of Western Australia’s East Pilbara. Kairos said the samples from its recent work had returned encouraging […]
THE BOURSE WHISPERER: Havilah Resources (ASX: HAV) is feeling rather pleased with itself following the completion of the first gold sales from the company’s Portia gold mine. Havilah notched-up approximately $266,000 after settlement costs, from the sale of approximately 165 ounces of gold (approximately 5kg). The company explained the cash represented its 50 per cent […]
THE DRILL SERGEANT: Southern Gold (ASX: SAU) recently completed a program of seven Reverse Circulation (RC) drill holes at the Tooting Bec prospect, on the company’s 100 per cent-owned mining lease E25/349 in Western Australia. The drilling was carried out to evaluate anomalous gold grades within several historical RAB drill holes at the Tooting Bec prospect, […]
THE DRILL SERGEANT: Variscan Mines (ASX: VAR) announced a maiden JORC 2012-compliant resource calculation for the Porte-aux-Moines (PAM) volcanogenic massive sulphide (VMS) deposit within the company’s Merléac exploration licence in Brittany, France. The JORC Mineral Resource has been calculated at: 2.2 million tonnes at 6 per cent zinc, 1.3 per cent lead, 0.8 per cent […]
