THE DRILL SERGEANT: Kin Mining (ASX: KIN) has reported completion of a JORC 2012-compliant Mineral Resource Estimation audit at the three main project areas of the company’s Leonora gold project in Western Australia. The three areas Mertondale, Cardinia and Raeside have undergone review and data compilation taking the total Mineral Resources at the Leonora gold […]
THE DRILL SERGEANT: Dacian Gold (ASX: DCN) has released a maiden Mineral Resource estimate for its Heffernans gold discovery, located within the Jupiter prospect, which is situated within the eastern half of the company’s 100 per cent-owned Mt Morgans project west of Laverton in Western Australia. The Heffernans Resource has added a further 709,000 ounces […]
THE BOURSE WHISPERER: Potash West (ASX: PWN) informed the market that a binding term sheet has been executed between East Exploration Pty ltd and Petratherm Limited (ASX: PTR). The deal is important to Potash West, as the company owns 55 per cent of East Exploration, with the balance held privately. “We have signed a binding […]
RED SHIELD APPEAL 2015: There is something remarkably familiar and reassuring about hearing a Salvation Army Band playing Onward Christian Soldiers. I can never put my finger on what it is, but there is something about the way all Salvo Bands play this tune that, even when you can’t see them, you know they’re there. […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Linclon Minerals Limited (ASX: LML) Having recently lodged the Mining Lease application, Lincoln is looking towards developing its 100 per cent-owned Kookaburra Gully graphite project located on the southern Eyre Peninsula in South Australia, with production targeted for […]
THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Drilling Commenced Encounter Resources (ASX: ENR) has commenced diamond drilling at the Yeneena project in Western Australia. This first diamond drilling of 2015 commenced at BM7 and will […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has completed comminution and gold metallurgical extraction test programs on mineralised rock samples from the company’s Gruyere gold project in Western Australia. The metallurgic test work is part of a Pre-Feasibility currently underway at Gruyere. The company said the current results have confirmed assumptions used in the […]
THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has claimed discovery of new high-grade mineralisation at the company’s 100 per cent-owned MEL1223/14 Mofe Creek South licence in Liberia. The recently-acquired Zaway South prospect has delivered grades of up to 61.6 per cent iron Direct Shipping Ore (DSO) mineralisation, and coarse-grained, friable itabirite mineralisation over a strike […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a maiden JORC 2012-compliant Mineral Resource for the Cascada copper-gold-silver deposit, which has upgraded total mineral resource for the Promontorio project in Mexico. The maiden Cascada Mineral Resource has come in at: 2.06 million tonnes at 1.9 per cent copper equivalent (0.9% copper, 1.6g/t gold, 27g/t […]
THE BOURSE WHISPERER: One managing director who will be eager to present at next week’s RIU Sydney Resources Round-up is Trafford Resources’ (ASX: TRF) Ian Finch. By the time he arrives at the podium, however, Finch will be wearing his IronClad Mining (ASX: IFE) helmet and will, no doubt, be biting at the bit to […]
