THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has completed producing lithium carbonate from lithium based mica concentrates over a continuous 10 day period fusing mica recovered the Lepidolite Hill deposit, located 55 kilometres south-west of Kalgoorlie, Western Australia. The Lepidolite Hill deposit forms part of the Coolgardie Rare Metals Venture (80% Cobre and 20% Focus […]
THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has claimed discovery of new high-grade Direct Shipping Ore (DSO) hematite mineralisation on the company’s recently acquired, 100 per cent-owned MEL1223/14 Mofe Creek South licence, in Liberia. The new mineralisation averages 62.8 per cent iron with hits of up to 66 per cent iron. The new zone of […]
THE DRILL SERGEANT: IronClad Mining (ASX: IFE) announced the commencement of a 6000 metre drilling program at the company’s Jumbuck gold project in the North Western Gawler Craton in South Australia. The Jumbuck project is located approximately 45 kilometres from the Challenger gold mine. The program is to consist a total of 110 air core […]
THE BOURSE WHISPERER: Saracen Mineral Holdings (ASX: SAR) announced it had beaten its annual gold production target of 145,000 to 155,000 ounces by hitting out 167,531 ounces of gold. The total was pumped up from record gold production achieved in the June Quarter of 46,563 ounces of gold from the company’s Carosue Dam gold mine […]
THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has made its move 15 months before necessary to exercise an option for new processing license agreements Cobre explained the agreements will combine its mica-based lithium deposits near Coolgardie, Ravensthorpe and Southern Cross in Western Australia and the Cinovec project in the Czech Republic, with what it claims […]
THE DRILL SERGEANT: Stavely Minerals (ASX: SVY) articulated it had been encouraged by assay results it has received from a recent diamond drilling program completed at the company’s 100 per cent-owned Ararat project in western Victoria. The company said the results included high-grade gold intercepts as well as some impressive zones of VMS copper mineralisation. […]
THE BOURSE WHISPERER: MOD Resources (ASX: MOD) has completed report scoping level metallurgical test work at the company’s Mahumo copper-silver project in South Africa. The testwork was carried out using bornite copper sulphide ores from the project and have, according to the company, exceeded results it achieved from shallower chalcocite ores, which were announced in […]
WHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Adriden Limited (ASX: ADV) and Diatreme Resources (ASX: DRX). Website: www.breakawayresearch.com Company: Ardiden Limited (ASX: ADV) Metallurgical beneficiation testwork completed on samples from the recent drilling campaign at the 100 per cent-owned Manitouwadge graphite project: Up to 80% of graphite classified […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a geophysical survey on the company’s Alacrán project, located in the northern Mexican state of Sonora. This was the first modern IP survey to have been undertaken on the Alacrán project and Azure said it had provided a detailed, deep-looking coverage of the La Morita area. […]
THE DRILL SERGEANT: Cardinal Resources (ASX: CDV) announced results of the first drill hole to be completed within its recently-acquired area north of the Namdini Mining Licence, located within the company’s Namdini project in Ghana. The hole was drilled 400 metres north along strike at Namdini and, according to Cardinal, was mineralised from surface along […]
