THE DRILL SERGEANT: Peel Mining (ASX: PEX) has a program of follow-up RC drilling underway at the company’s 50 per cent-owned Mallee Bull project, located near Cobar in Western New South Wales. The company said the exploration program has been designed to test for extensions to the high-grade near-surface zinc-lead-silver-gold mineralisation it intercepted at the […]
THE BOURSE WHISPERER: IronClad Mining (ASX: IFE) has completed a capital raising of $300,000 by placement of 15 million shares at 2 cents per share to sophisticated investors. The company also announced the offering of a Share Purchase Plan (SPP) to all eligible shareholders, also at a price of 2 cents per share. The company […]
THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) has negotiated new, more favourable terms for the company’s acquisition of the Lynn Lake nickel-copper project, located in the central Canadian province of Manitoba. Corazon currently controls the entire historical Lynn Lake nickel sulphide mining area, which includes ground it owns 100 per cent following the acquisition of […]
THE BOURSE WHISPERER: Axiom Mining (ASX: AVQ) has raised $5 million through a private placement of shares to fund ongoing development of the company’s Isabel nickel project in Solomon Islands. The placement raised $5 million at a price of 37 cents per ordinary share from institutional, sophisticated and professional investors. Axiom said it was also […]
THE BOURSE WHISPERER: Excelsior Gold (ASX: EXG) has received approval for its mining proposal for the development of the Zoroastrian open pits by the Western Australia Department of Mines and Petroleum. “The Zoroastrian Mining Proposal covers the extension of the haul road linking Excelsior Gold’s deposits to the Norton Gold Fields’ Paddington Mill and the […]
THE BOURSE WHISPERER: European Metals (ASX: EMH) has had a bulk sample collected from the company’s Cinovec lithium-tin-tungsten project in the Czech Republic, which is to be used in lithium mini-plant testing at Strategic Metallurgy’s facility in Perth. A bulk sample of 1.5 tonnes was collected and transported for initial processing to process engineers UVR-FIA […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has intercepted visual gold in the early stages of recently commenced drilling being carried out on the Golden Age Reef at the company’s Matilda gold project in Western Australia. According to Blackham hole GAUD0003 intercepted 4.8 metres (true width 1.6m) of quartz veining from 173.2 to 178m. The […]
THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has received more assay results from ongoing resource and exploration drilling being undertaken at the company’s 100 per cent-owned Horseshoe Lights copper/gold project in the Gascoyne region of Western Australia. The latest assay results come from resource holes drilled at the Motters Zone, where oxide copper mineralisation exists […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has claimed discovery of four new mineral sands prospects from first-pass aircore drilling carried out at the company’s 100 per cent-owned Eneabba mineral sands project in the Mid-West region of Western Australia. The news follows the recent completion of a Pre-feasibility Study at the company’s Thunderbird minerals sands […]
THE DRILL SERGEANT: Companies getting busy on the drill bit this week include rox Resources, Investigator Resources, Sovereign Gold, and Segue Resources. Aircore Drilling at Fisher East Rox Resources (ASX: RXL) has commenced an aircore drilling program on the company’s Fisher East nickel sulphide project located north of Kalgoorlie in Western Australian. The drilling program […]
