THE DRILL SERGEANT: Rox Resources (ASX: RXL) reported it is making encouraging progress with an exploration drilling program being undertaken at the company’s Fisher East nickel project north of Kalgoorlie in Western Australia. Rox has completed the first stage of aircore drilling with 67 holes drilled to confirm targets which will be followed up by […]
THE DRILL SERGEANT: The Board of Orinoco Gold (ASX: OGX) has formally approved commencement of underground mine development at the company’s Cascavel gold project in central Brazil. A mining team is to start the excavation and development of the main incline shaft, which will provide access to the high-grade ore zones. This is scheduled to […]
THE BOURSE WHISPERER: Intermin Resources Limited (ASX: IRC), with its 100 per cent-owned subsidiary Black Mountain Gold Limited, has struck a farm-in and Joint Venture agreement with La Mancha Resources Australia Pty Ltd. Under the deal Intermin can earn up to 70 per cent of the prospective Binduli gold project near Kalgoorlie in Western Australia. […]
THE BOURSE WHISPERER: PLD Corporation (ASX: PLD) announced it has finalised the Sale Agreement related to the Admiral Bay zinc project with Kagara Limited and that the deal has been given the go-ahead by the Federal Court of Australia. PLD claims the Admiral Bay zinc project to be one of the world’s largest undeveloped zinc […]
THE BOURSE WHISPERER: Krucible Metals (ASX: KRB) has entered into a binding agreement with Resolve Geo Pty Ltd to acquire two advanced Exploration Licences with a database of mining and exploration information known as the Torrington tungsten project. Krucible will hold 100 per cent of Exploration Licences 8258 and 8355 on completion of the transaction. […]
THE BOURSE WHISPERER: IMX Resources (ASX: IXR) has signed a Memorandum of Understanding (MoU) with China-Base Ningbo Foreign Trade Co. Ltd. for the future sale of graphite concentrate from the company’s Chilalo project in Tanzania. The MoU involves a binding offtake agreement upon the completion of appropriate levels of feasibility study on the project and […]
THE DRILL SERGEANT: Talga Resources (ASX: TLG) has completed a program of diamond drilling at the company’s 100 per cent-owned Jalkunen graphite/graphene project in north Sweden. The drilling targeted a prominent electromagnetic (EM) anomaly central to the Jalkunen exploration target and consisted of eight diamond holes, six of which intersected the targeted graphite unit, averaging […]
THE DRILL SERGEANT: Hillgrove Resources (ASX: HGO) has reported encouraging hits from one of the first exploration drill holes to be drilled on a Mining Lease, 200 metres to the north of the current resource profile at the company’s Kanmantoo copper mine, located in the Adelaide Hills. The 433 metre deep reverse circulation (RC) hole […]
THE BOURSE WHISPERER: Cassini Resources (ASX: CZI) has released the long-awaited Scoping Study for the company’s 100 per cent-owned Nebo-Babel nickel-copper deposits, located within the West Musgrave project in Western Australia. Cassini said the Study results highlight the high-quality of the Nebo-Babel nickel-copper deposit, while confirming the economic viability of a future mining operation. The […]
ROADHOUSE COMMENT: The crash of the iron ore price continues to cast a shadow of doom across the Australian Share Market. The iron ore price enjoyed a bit of a jump this week, but that may not be enough to save those third and fourth tier companies struggling to maintain a toehold in the marketplace. […]
