THE DRILL SERGEANT: Lefroy Exploration (ASX: LEX) has started resource expansion drilling at the company’s Mt Martin Gold Mine outside Kalgoorlie in Western Australia. Lefroy Exploration explained this drilling is to be the first new exploration undertaken at Mt Martin in over ten years and will entail some 37 reverse circulation (RC) drill holes planned […]
THE DRILL SERGEANT: Magnetic Resources (ASX: MAU) continued to demonstrate its gold credentials have no sign of slowing down with the release of updated Mineral Resource Estimates (MRE) from deposits in the company’s Laverton and Homeward Bound South projects in Western Australia. The main deposits contributing to the MRE include Hawks Nest 9 (HN9), Lady […]
THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) is the latest company to join the ranks of the ‘we’re not going to miss out if there’s a sniff of lithium’ companies by commencing lithium exploration programs on its Lake Rebecca projects in Western Australia. Alchemy Resources is currently progressing project wide soil geochemistry programs, which it […]
THE DRILL SERGEANT: Eagle Mountain Mining (ASX: EM2) has completed a new Mineral Resource Estimate (MRE) on the company’s 100 per cent-owned Oracle Ridge copper project in Arizona, USA. Eagle Mountain Mining completed the new MRE using the revised geological model that was completed by incorporating drilling and channel sampling data acquired since the October […]
THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) reported further high-grade gold intersections from the company’s 100 per cent-owned Salmon Gums project, in the Eastern Goldfields of Western Australia. Aruma Resources’ latest phase of drilling comprised a targeted seven-hole diamond core drilling program, designed to follow-up and extend previous gold intersections encountered at the project’s Thistle […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) and Charger Metals (ASX: CHR) signed a binding agreement for the sale of Lithium Australia’s remaining interest in the Lake Johnston lithium project in Western Australia. The deal will entail Charger Metals parting with a $2 million cash consideration for Lithium Australia’s remaining 30 per cent holding in […]
COMMODITY CAPERS: Gold, it seems, has become the wayward child of the Australian Resources family as siblings copper, lithium and battery minerals, grab investor attention. It could be said that Gold is presently demonstrating many ‘oldest child syndrome’ symptoms. It has demonstrated over-achiever tendencies in recent times with USD prices averaging $1,933 (approx. A$2978) an […]
THE BOURSE WHISPERER: Asra Minerals (ASX: ASR) has secured $2.5 million in funding by way of a share placement to accelerate exploration activities across its portfolio of prospective Western Australia projects. Asra Minerals the funding will be used to fast-track activities across its projects, including exploration, geochemistry, and further expansion of its highly prospective Lake […]
THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) provide a Mineral Resource Estimate (MRE) update for the company’s Seymour lithium project in Ontario, Canada. Green Technology Metals’ latest MRE efforts have resulted in a 13 per cent increase in the indicated category for the Seymour project’s mineral resource to 10.3 million tonnes at 1.03 per […]
THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) reported on recent drilling activity at the company’s 100 per cent-owned Kangaroo Hills lithium project (KHLP) in Western Australia. Future Battery Minerals’ Phase 3 RC and diamond drilling program at the KHLP predominantly focussed on grid drilling of the Rocky prospect and wide-spaced scout drilling of selected […]
