THE BOURSE WHISPERER: Cassini Resources (ASX: CZI) has claimed the discovery of a potential new zinc-lead province at the company’s West Arunta project (X17) in Western Australia. The X17 project is located near Lake McKay, 20 kilometres from the community of Kiwirrkurra near the Western Australia – Northern Territory border. Cassini originally acquired 75 per […]
THE BOURSE WHISPERER: Mithril Resources (ASX: MTH) announced it has executed a Farm-in and Exploration Joint Venture Agreement with Western Australian gold miner Doray Minerals (ASX: DRM). Under the new deal Doray will be entitled to earn up to an 85 per cent interest in Mithril’s recently-granted Duffy Well gold project by reimbursing the latter’s […]
THE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has completed its first phase of shallow drilling (less than 50m downhole) at the Better News prospect, located within the company’s Kalgoorlie North gold project. Excelsior Gold said the drilling returned intersections, which confirm and enhance the mineralisation identified by historical drilling in the area. According to the […]
THE BOURSE WHISPERER: Superior Resources (ASX: SPQ) has entered into a Farm-in and Joint Venture Agreement with Teck Australia, a wholly-owned subsidiary of Canadian major resource company, Teck Resources. The deal involves exploration over Superior’s Nicholson zinc-lead-copper project in north-west Queensland. Previous drilling of the Walford South prospect by Superior has confirmed the presence of […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) announced further high-grade platinum group metal (PGM) mineralisation and the first major intercept of zinc-lead-silver mineralisation from the Red Hill prospect. The Red hill prospect is part of the company’s Broken Hill project in New South Wales. Impact completed drill hole RHD014, which the company explained tested the […]
THE DRILL SERGEANT: Gold Road Resources (ASX GOR) has reported high‐grade gold mineralisation in assays from the first Reverse Circulation (RC) drill program designed to test for bedrock gold mineralisation at the Pacific Dunes‐ Corkwood Camp Scale Target. Corkwood is located approximately 50 kilometres north‐west of the company’s Gruyere gold deposit, and 50km north of […]
WHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Aurora Minerals and Kibaran Resources. Website: www.breakawayresearch.com Aurora Minerals Limited (ASX: ARM) Aurora Minerals Limited (ASX: ARM) is a Perth based ASX-listed junior exploration company with a strategy of growth through direct investments in other ASX-listed junior exploration companies. As part […]
THE INSIDE STORY: There has been a misconception floating around, for some time in fact, that all the near-surface multi-ounce gold projects that are to be found in Western Australia – have been developed. Aspiring Perth-based gold mine developer, Gascoyne Resources (ASX: GCY) is more than happy to debunk this myth. It’s hard to dismiss […]
THE DRILL SERGEANT: Companies getting busy on the drill bit this week include, Minotaur Exploration, Mining Projects, and Sheffield Resources. Drilling for Base Metals in the Gawler Ranges Minotaur Exploration (ASX: MEP) has a 5,000 metre diamond drill program is underway on Minotaur tenements in the southwest Gawler Ranges mapping the hydrothermal and epithermal alteration […]
THE BOURSE WHISPERER: New York-listed global gold mining concern Newmont Mining Corporation (NYSE: NEM) has flagged its intentions to expand the company’s Tanami operations in Australia by building a second decline in the underground mine and additional plant capacity. Tanami is located 950 kilometres southwest of Darwin and just over 560km northwest of Alice Springs […]
