THE DRILL SERGEANT: Lithium Australia (ASX-LIT) has taken receipt of assay results from maiden rock-chip sampling and mapping carried out at the company’s 100 per cent-owned Ravensthorpe project, west of Esperance in southern Western Australia. LIT claims the results have confirmed the presence of high-grade lithium pegmatites. The company focussed the recent fieldwork on detailed […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) informed the market it has commenced RC drilling on the Bombora prospect, part of the company’s 100 per cent-owned Lake Roe project, located east of Kalgoorlie in Western Australia. The drilling will be focusing on an exploration target of high-grade gold mineralisation hosted primarily by an 800 metre-thick […]
THE INSIDE STORY: To an industry observer it is interesting to watch how different companies are reacting to the current investment haze. It wasn’t too long ago the resources industry was walking on sunshine, now – it could be said – it is swimming in quicksand. Readers of the daily doom and gloom peddled around […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has upgraded Resources at the Williamson Mining Centre, which is part of the company’s Matilda gold project. In Western Australia. The resource update includes a revision of the geological interpretation and additional drilling of five diamond and 41 Reverse Circulation (RC) holes Blackham carried out in late 2015. […]
THE BOURSE WHISPERER: Altura Mining (ASX: AJM) has received results of a Mining Preliminary Feasibility Study carried out on the company’s Pilgangoora lithium project, located south of Port Hedland in Western Australia. The study was completed by Western Australian-based mining consultants Orelogy Consulting, which has now been commissioned to further develop the scope of the […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has claimed discovery of a new zone of high-grade silver mineralisation to the north of the Mesa de Plata silver mineralised zone at the company’s Alacrán project in Mexico. Azure has identified an area of 350m x 150m north of Mesa de Plata that remains open along strike […]
THE DRILL SERGEANT: S2 Resources (ASX: S2R) announced the completion of resource definition drilling at Baloo gold deposit, part of the company’s 100 per cent-owned Polar Bear project in Western Australia. S2R said the final RC assays confirm prior drill results with drilling at the southern end of the prospect confirming the presence of a […]
THE BOURSE WHISPERER: Metalicity (ASX: MCT) announced the lodging of a further seven exploration licence applications (ELAs) in Western Australia, across four project areas the company considers to be prospective for lithium, tantalum and tin mineralisation. As with its previous applications, these projects have been generated from the company’s in-house exploration targeting model. The Mundine […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has continued its march towards world domination of the lithium scene with news it has signed a Joint Venture with TSX-listed Alix Resources (TSX: AIX) to explore and develop the projected extensions of the giant Sonora lithium clay deposit located in Mexico, known as the Electra project. In […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) is feeling rather pleased having received final assay results from a program of aircore exploration drilling from December last year at the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. The Dalgaranga gold project contains a Measured, Indicated and Inferred Resource of […]
