THE DRILL SERGEANT: Legend Mining (ASX: LEG) provided an update on recent drilling carried out at the company’s Rockford project in the Fraser Range of Western Australia. Legend has completed a total of five RC drillholes (RKRC001-005) at Rockford on Area D, testing three strong-moderate conductors (D1, D2 and D4) that had been previously identified […]
WHAT THE ANALYSTS SAY: The Roadhouse’s friends at Breakaway Research provide some insight to Sumatra Copper and Gold, and Vital Metals. Website: www.breakawayresearch.com Company: Sumatra Copper and Gold (ASX: SUM) Sumatra Copper and Gold (ASX: SUM) continues to make excellent progress on its epithermal gold-silver Tembang project in Indonesia. In February it announced it had […]
THE CONFERENCE CALLER: Opening the inaugural Paydirt 2016 Australian Graphite Conference in Perth, Paterson Securities resource analyst Jason Chesters warned graphite explorers to rethink their marketing strategies. Chesters told Australia’s graphite hopefuls it would prudent for them to, “cool their heels”, and to not participate in what has become a boast fest about flake size […]
THE DRILL SERGEANT: Tyranna Resources. (ASX: TYX) has kicked off its 2016 drilling program at the company’s Jumbuck gold project in the northern Gawler Craton of South Australia. This is the first phase of Reverse Circulation (RC) drilling of an overall drilling program Tyranna has planned for the 2016 calendar year. Tyranna outlined its aim […]
THE DRILL SERGEANT: Metalicity (ASX:MCT) has completed first pass field work, including geological mapping and sampling, at the company’s Greenbushes regional lithium project, located in the Greenbushes district of Western Australia. The company’s Greenbushes regional applications (E70/4809, E70/4816 and E70/4817) are all located within 35 kilometres of the Greenbushes lithium deposit owned by Talison Lithium, […]
THE BOURSE WHISPERER: Intermin Resources (ASX: IRC) has struck an agreement with Metaliko Resources (ASX: MKO) to purchase 100 per cent interest in the latter’s Kalgoorlie – Menzies gold projects, situated in the Goldfields of Western Australia around Kalgoorlie. The project comprises 66 exploration, prospecting, mining and miscellaneous licenses and covers a total area of […]
THE DRILL SERGEANT: Metals of Africa (ASX: MTA) released a Maiden JORC 2012 Mineral Resource estimate for the company’s Balama Central graphite project, located in the Cabo Delgado graphite province in Mozambique, East Africa. The project consists of two known occurrences of graphite mineralisation, namely the Lennox and Byron prospects. Total resource has been calculated […]
THE DRILL SERGEANT: Dacian Gold has received further positive high-grade drilling results from the conceptual Morgans Underground position, part of the Westralia prospect, at the company’s 100 per cent-owned Mount Morgans gold project (MMGP) in Western Australia. Dacian explained the Morgans Underground, with the adjacent conceptual Westralia Underground position, forms part of a large mineralised […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has encountered a zone of strong and consistent gold and silver mineralisation in the first hole drilled on the Loma Bonita ridge, located 300m east of the company’s Mesa de Plata silver discovery in Mexico. Drill hole MDPD-007 intersected: 20 metres at 1.52 grams per tonne gold and […]
THE DRILL SERGEANT: Metalicity Limited (ASX: MCT) is making progress at the company’s Munglinup North graphite project (E74/550 and E74/551), near Esperance in Western Australia. Metalicity has acquired airborne electromagnetic data over the existing project tenements, from which an interpretation and modelling report has been completed by independent specialist geophysicists, Core Geophysics. According to the […]
