THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has claimed discovery of high-grade gold mineralisation while drilling its first deeper exploration drill hole below the company’s Milky Way open pit, located southwest of the Checker gold mill at Mt Magnet in Western Australia. Ramelius drilled a single deep exploration drill hole below Milky Way, down dip […]
THE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) has completed an updated production growth strategy for the company’s main flagship projects in Tanzania in East Africa. The upshot from the update is an increase in potential graphite concentrate tonnages per annum from Kibaran’s Epanko and Merelani-Arusha graphite projects, demonstrating they have potential to produce a combined […]
THE DRILL SERGEANT: Companies getting busy on the drill bit this week include Helix Resources, Cauldron Energy, Alligator Energy, and Minotaur Exploration. Drilling Testing Extension of Mingary Gold Unit Minotaur Exploration (ASX: MEP) has begun drilling to test the extent of gold mineralisation along strike from historic workings of the Mingary Mine, located in the […]
THE DRILL SERGEANT: Coventry Resources. (ASX: CYY) practically shouted the latest results from drilling being carried out at the company’s Caribou Dome copper project in Alaska. The company said assay results of the drilling have confirmed thick, high‐grade mineralisation has been intersected in exploration drill hole CD15‐14. The results are part of an ongoing drilling […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has completed resampling of shallow drill holes within the Western Gawler area, which is the subject of a Farm-in Agreement the company has with Iluka Resources (ASX: ILU). According to Doray, the resampling has shown up a number of large coincident geochemical and structural targets, which the company […]
THE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) advised the market that Sandfire Resources (ASX: SFR) has indicated its intention to continue sole funding exploration at the Altia project near Cloncurry in Queensland. This takes Sandfire into a second earn-in period with the objective of earning the right to acquire an 80 per cent interest through […]
COMMODITY CAPERS: According to the latest figures from the Deloitte WA Index there wasn’t a great deal of joy for Western Australia-based ASX-listed companies during the month of August. The market capitalisation of Western Australia-listed companies took a belting to the tune of a six per cent decrease to close the month at $126.7 billion […]
THE BOURSE WHISPERER: Iron Road (ASX: IRD) told the market about the recent progress it has made towards forming long term off-take agreements it considers will underpin development of the company’s Central Eyre iron project (CEIP) in South Australia. Iron Road declared it has signed five separate non-binding Memorandum of Understandings (MoU) with leading, globally […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) announced that metallurgical testwork conducted on ilmenite from the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in Western Australia, has confirmed primary ilmenite can be substantially upgraded using a simple low temperature roast (LTR) process. The technical aspects of the testwork focused on reducing […]
THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) has received heritage clearance for its 100 per cent-owned tenement EL5526, also known as Golf Bore North and part of the company’s Jumbuck gold project, following a site visit by the Antakirinja Matu – Yankunytjatjara Aboriginal Corporation (AMYAC). Having gained the clearance Tyranna can now include planned drilling […]
