WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Orinoco Gold Limited (ASX: OGX) Orinoco has commenced development of its 70 per cent held, fully permitted Cascavel gold project in Goiás State, central Brazil. Funding has been sourced through an innovative gold sharing financing package, which maintains […]
ROADHOUSE COMMENT: There is much speculation at present on the exploration side of the resources sector, especially with the recent passing of the Abbott Government’s Exploration Development Incentive Scheme. The Exploration Development Incentive has been passed – Hurrah, I hear you all cheer, but is it the answer to all our exploration funding dilemmas? With […]
THE DRILL SERGEANT: Mincor Resources (ASX: MCR) has received results from drilling being carried out on the company’s Cassini project in the Kambalda nickel district of Western Australia. Mincor claims the latest drilling at Cassini has confirmed a widening in the channelised environment at depth and also identified a possible second mineralised trough structure, which […]
THE DRILL SERGEANT: Centrex Metals (ASX: CXM) has completed a four hole diamond drilling program at the company’s Goulburn polymetallic project in New South Wales. The drill program targeted extensions of the known Collector Skarn deposit plus a coincident magnetic and IP anomaly to the northeast. Centrex has already released results of the first hole […]
THE DRILL SERGEANT: Diatreme Resources (ASX: DRX) has released the results of a review and update of the company’s Cyclone project heavy minerals (HM) Resource estimate. The updated estimate comes on the back of Diatreme’s recent acquisition of the Cyclone Extended HM deposit from Image Resources (ASX: IMA). The Mineral Resource for the Cyclone zircon […]
THE DRILL SERGEANT: Windward Resources (ASX: WIN) has commenced drilling at the Western Margin prospect (WMA1 conductor), located within the company’s Fraser Range North project in Western Australia. The Fraser North project is located just on the doorstep of the Nova deposit of Fraser Range trendsetter Sirius Resources (ASX: SIR). Windward has modelled the WMA1 […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from ongoing drilling at the company’s Matilda gold project in Western Australia. The assay results from RC holes 9 to 14 – part of a 50 hole program – at the Matilda Mining Centre targeted the extensions of the M4 lode. Blackham said the latest […]
THE DRILL SERGEANT: Metals of Africa (ASX: MTA) has confirmed high-grade lead and zinc mineralisation from an ongoing exploration program at the company’s Kroussou project in Gabon. The company has encountered grades of up to 9.69 per cent zinc and 33.1 per cent lead with elevated copper and silver hits from the first batch of […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has welcomed a second RC drilling rig to the company’s Matilda gold project in Western Australia. The rig will be responsible for drilling of an initial 3 hole (1,300 metre) program aimed at following up on seven historical holes to be carried out at the Republic quartz reef. […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified six targets for follow up drilling at the Red Hill prospect within the company’s Broken Hill Joint Venture project in New South Wales. Impact recently announced a discovery of high-grade copper-nickel-platinum group metal (PGM) mineralisation at Red Hill. The six targets – cleverly named T1 to […]
