THE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) is to acquire a 100 per cent interest in the Sandstone gold project, located in the East Murchison gold district of Western Australia. The Sandstone project comprises a 100 per cent interest in two granted Mining Leases owned by Black Oak Minerals Limited, which is currently in […]
THE DRILL SERGEANT: S2 Resources (ASX: S2R) has completed a round of infill aircore drilling of a gold bearing gravel layer at the Nanook palaeochannel, located in Western Australia. S2R claims the drilling has verified the continuity of gold mineralisation previously identified in wider-spaced drilling by Sirius Resources, and has also defined a coherent subzone […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has claimed confirmation of nickel‐copper sulphide mineralisation at a further two EM conductors recently drill tested at the company’s Mt Alexander project. St George completed drill holes MAD17 and MAD19 to test two separate downhole EM conductors located in the northern section of the Cathedrals orospect below […]
THE INSIDE STORY: Aspiring base metal developer Metalicity (ASX: MCT) has added a clutch of highly-prospective lithium projects to the company’s Admiral Bay zinc deposit, located in the Kimberley Region of Western Australia. Metalicity managing director Matt Gauci raised a few eyebrows when the company’s former incarnation, PLD Corporation, acquired the project with a deal […]
THE INSIDE STORY: If Lithium Australia (ASX: LIT) managing director Adrian Griffin has his way, the Perth-based company will soon revolutionise the processing of hard-rock lithium ores.By Stephen Bell Around the middle of 2016 a pilot plant in New South Wales will begin trials of the company’s trademarked ‘Sileach’ process, designed to recover lithium from […]
THE DRILL SERGEANT: Peel Mining (ASX: PEX) advised that recent drilling at the company’s 100 per cent-owned Apollo Hill gold project near Leonora in Western Australia, has returned multiple high-grade gold drill intercepts. The drilling was carried out to assess the potential to expand Apollo Hill’s existing JORC inferred resource estimate of 17.2 million tonnes […]
THE DRILL SERGEANT: Metalicity (ASX:MCT) informed the market that it has detected structural gold targets, resulting from a recent geochemical soil sampling program carried out at the company’s 100 per cent-owned Rocky Gully project, located in the Albany Fraser Belt of Western Australia. The geochemical soil sampling program consisted of 1,573 samples, collected in Road […]
THE BOURSE WHISPERER: Australian Bauxite (ASX: ABX) has concluded its first sale of bauxite from the company’s Bald Hill mine in Tasmania with the maiden shipment of 5,557 tonnes of cement-grade bauxite from Bell Bay Port. Bald Hill is the first new bauxite project in Australia for more than 35 years. ABx said its customer […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) gave the market something to get excited about with the announcement of the intersection of high-grade massive nickel-copper sulphide mineralisation at the company’s Mt Alexander project in Western Australia. St George has drilled three diamond holes testing two EM conductors at the Cathedrals prospect. According to the […]
THE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) announced an institutional placement and a 1 for 10 pro-rata accelerated non-renounceable entitlement offer with the intention of raising approximately $74 million. Gold Road already has plenty of cash on hand and is currently fully-funded to complete its ongoing Gruyere project Feasibility Study (FS). The company indicated […]
