THE DRILL SERGEANT: Oro Verde (ASX: OVL) announced it has encountered additional areas of high-grade gold from a reconnaissance sampling program underway at the company’s Topacio gold project in southeastern Nicaragua. The company said its recent reconnaissance covered multiple veins located outside of the Topacio resource area: Including the West Mico, Gallina, Chicago and Celedonio […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Rumble Resources Limited (ASX: RTR) Rumble Resources (ASX: RTR) is an Australian junior mineral exploration company whose main focus is on nickel-copper exploration in the highly prospective Fraser Range Nickel Province of Western Australia. The company has a […]
THE DRILL SERGEANT: This week’s drilling is internationally focused with Pacifico Minerals drilling in Fiji and Carnavale Resources in Nevada. Drilling to commence at Borroloola West Pacifico Minerals (ASX: PMY) is preparing a combined diamond drilling and reverse circulation (RC) program at the Coppermine Creek and Bing Bong prospects in the Northern Territory. Pacifico has […]
THE BOURSE WHISPERER: Atlas Iron (ASX: AGO) waited until the death knock of trading last night to announce the return of prodigal managing director David Flanagan to the top job. Ken Brinsden is to stay on the Board moving from his current managing director role to executive director and non-executive director, while the Hon. Cheryl […]
THE INSIDE STORY: Lithium Australia (ASX: LIT) makes no apologies for developing a new, disruptive hydrometallurgical process for the production of lithium carbonate from micas. Lithium Australia managing director Adrian Griffin prides himself on his good manners; however, his enthusiasm for the disruptive qualities of the company’s technological breakthrough might just result in more […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has scored a number of high-grade gold results from a maiden drilling campaign being carried out on the Turnberry prospect at the company’s 88 per cent-owned Gnaweeda project (12% Chalice Gold [ASX: CHN]). Gnaweeda is located approximately 15km south east of Doray’s Andy Well gold project, in the […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has updated the resource estimate for the company’s Matilda Mining Centre near Wiluna in Western Australia. The Matilda Mine resource now totals 12.5 million tonnes at 1.8 grams per tonne gold for 713,000 ounces of gold. The Measured and Indicated resource now sits at 7.26 million tonnes at […]
THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) released results from the first of two drill holes being carried out south of Prospect 190 at the company’s 85 per cent-interest Kou-Sa copper-gold project in Cambodia. The company said that from hole KDH085 it has identified multiple zones of copper and silver mineralisation. Geopacific used Induced Polarisation […]
THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) announced a maiden Mineral Resource estimate for the company’s Blackmans gold deposit, located 30 kilometres north of Mt Magnet in Western Australia. The Total Mineral Resource has been estimated at 490,000 tonnes at 2.5 grams per tonne gold for 39,000 contained ounces. Ramelius has completed initial scoping work […]
THE DRILL SERGEANT: Peel Mining (ASX: PEX) set the boards alight with the release of recent drilling results from the company’s Mallee Bull project near Cobar in Western New South Wales. The drilling encountered some very impressive intersections of near-surface zinc-lead-silver-gold mineralisation, including: MBRC024 12 metres at 20.3 per cent zinc, 14.81 per cent lead, […]
