THE INSIDE STORY: Earlier this year, Cassini Resources (ASX: CZI) caught the market’s attention by releasing an announcement containing a phrase almost extinct to the industry lexicon, ‘Successful Raising’. Another outrageous aspect of the announcement was the amount raised – just over $7.1 million – which again was something to give industry watchers something to […]
WHAT THE ANALYSTS SAY: Company’s under the microscpoe this week include IronClad Mining and Energia Minerals. Website: www.breakawayresearch.com Company: IronClad Mining Limited (ASX: RTR) Ironclad Mining is an ASX-listed junior exploration company concentrating on projects in the Gawler Craton of South Australia. The company’s key focus is on the Jumbuck gold project, located around the […]
THE DRILL SERGEANT: Western Australia Mines and Petroleum Minister Bill Marmion announced successful applicants for Round 11 of the Co-funded Drilling Program at the Association of Mining and Exploration Companies convention during the week. “This is about identifying potential new mines and the jobs and opportunities they can deliver for West Australians,” Marmion said in […]
THE DRILL SERGEANT: Sandfire Resources (ASX: SFR) announced further results from drilling being carried out at the Springfield project, part of its joint venture with Talisman Mining (ASX: TLM). Sandfire said the results from drill hole TLDD0004A – or the Monty prospect, as Talisman call it – confirm the intersection of a zone of high-grade […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has kicked off a round of reverse circulation (RC) drilling at the M8 high-conductance basement electromagnetic (EM) target on the company’s wholly-owned Mamba Exploration Licence (E28/2405) in the Fraser Range of Western Australia. “The M8 conductor is a late time basement response with a modelled conductance of approximately […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) released assay results from the remaining Gruyere Updated Resource drilling program. Gold Road said a majority of holes in the recent drilling had encountered mineralisation consistent with or better than drilling used to compose the Gruyere resource estimate. The company believes these results have increased its confidence […]
THE DRILL SERGEANT: Peel Mining’s (ASX: PEX) latest love affair with the drill bit has continued with the latest announcement of results from the company’s 50 per cent-owned Mallee Bull project near Cobar in Western New South Wales. The recent drilling activity has reported intercepts of additional very high-grade near-surface zinc-lead-silver-gold mineralisation, including: MBRC028 7m […]
THE BOURSE WHISPERER: Life as a gold producer seems to be suiting Doray Minerals (ASX: DRM) with the company announcing record monthly gold production its 100 per cent-owned Andy Well gold project, in the northern Murchison region of Western Australia. Doray achieved production of 10,591 ounces for the month of May at Andy Well based […]
THE DRILL SERGEANT: Catalyst Metals (ASX: CYL) announced its best gold intersections to date at the Four Eagles gold project, located near Bendigo in Victoria. The company has carried out a two hole program of angled air core drilling, which intersected two broad zones of gold mineralisation with internal high-grades up to 18 grams per […]
THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has continued its recent run of good news with encouraging copper assays resulting from an ongoing resource and exploration drilling program being carried out at the company’s 100 per cent-owned Horseshoe Lights copper-gold project in the Gascoyne region of Western Australia. Fourteen holes have been drilled to date […]
