THE DRILL SERGEANT: St George Mining (ASX: SGQ) is about to kick off a major drill program designed to test priority gold targets at the company’s 100 per cent-owned East Laverton project in Western Australia. The company explained a program of reverse circulation (RC) drilling is planned in the first phase of this gold‐focused drill […]
THE BOURSE WHISPERER: Genesis Minerals (ASX: GMD) has struck a Memorandum of Understanding (MoU) with Eastern Goldfields (ASX: EGS). The deal is in regards to the toll treatment of high-grade gold ore from former’s 100 per cent-owned Ulysses gold project, located between Leonora and Kalgoorlie in Western Australia). The MoU will result in batch treatment […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) provided an update on exploration and Feasibility Study activities being carried out at the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. Gascoyne Resources recently completed a Pre-Feasibility Study on the Dalgaranga project, which determined a robust development case for the project. […]
THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) has banked an impressive $15 million, raised through a placement to institutional and sophisticated investors. A total of 395 million fully paid ordinary shares will be issued at a price of 3.8 cents. The company plans to also undertake a Share Purchase Plan to existing shareholders to raise […]
THE INSIDE STORY: When former gold bug Bruce McFadzean joined Sheffield Resources as managing director, he was quickly impressed by the size, scale and potential of the company’s 100 per cent-owned Thunderbird minerals sands project. As a mining engineer with more than 35 years’ experience in the industry, McFadzean has led the financing, development and […]
THE INSIDE STORY: Most mining projects have a story to tell, which often hold a remarkable historical chapter in addition to recent episodes. The story of Mexico-focused precious metals play, Azure Resources (ASX: AZS) is its success on the Alacrán copper project, which it is acquiring from Canadian major, Teck Resources. In September 2015, Azure […]
THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has received the first 668 results from a 4,000 sample soil geochemistry program from the company’s 100 per cent-owned Pioneer Dome project, near Norseman in Western Australia. The results have generated five anomalies, located at the PEG006 target (2 anomalies) and PEG009 (3 anomalies). “The soil geochemistry program […]
THE DRILL SERGEANT: Neometals (ASX: NMT), along with Mineral Resources (ASX: MIN) and Jiangxi Ganfeng Lithium Co., Ltd provided the market with an update on exploration results from the Mt Marion lithium project. Recent deep Reverse Circulation (RC) drilling at the Mt Marion project has intercepted, deep, spodumene‐bearing pegmatite in consecutive drill holes along a […]
THE DRILL SERGEANT: Pilbara Minerals (ASX: PLS) has reported drill results from ongoing resource drilling being conducted along the Central and Western pegmatites at the company’s 100 per cent-owned Pilgangoora lithium-tantalum project near Port Hedland in Western Australia. Pilbara Minerals said the latest drilling has outlined extensions of the mineralisation to the north of the […]
THE BOURSE WHISPERER: Doray Minerals (ASX: DRM) has struck a farm-in Agreement with Rox Resources (ASX: RXL) to explore the latter’s Mount Fisher gold project, located in the north-eastern Goldfields of Western Australia. Under the terms of the farm-in agreement Doray is to sole fund an initial $5 million expenditure to earn a 51 per […]
