THE DRILL SERGEANT: Peel Mining (ASX: PEX) and its 50 per cent Joint Venture partner CBH Resources have released the maiden Mineral Resource estimate for the Mallee Bull copper-silver-gold deposit. The estimate has returned a high-grade result with approximately 90,000 tonnes of contained copper, 4 million ounces contained silver and 43,000 ounces contained gold (at […]
THE DRILL SERGEANT: West African Resources (ASX: WAF) has received results from an ongoing program of oxide resource definition drilling at the company’s Mankarga 5 deposit in Burkina Faso. An additional contract reverse circulation (RC) rig has commenced work at the project, in support of the company’s own three rigs, which have been drilling since […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has recorded further impressive drilling results from a diamond drilling program currently underway at the company’s Musket nickel sulphide prospect near Mt Fisher, north of Kalgoorlie, Western Australia. According to the company the latest results it has received from Musket have confirmed a coherent body of nickel sulphide […]
THE ROADHOUSE PHARMACY: SomnoMed Limited (ASX: SOM) announced it will commence marketing the company’s SomnoDent® products from July in Spain and Portugal. The company is now looking to appoint a national sales & marketing manager to be based in Barcelona or Madrid. To facilitate its operation in Spain, SomnoMed has entered into an agreement with […]
THE ROADHOUSE PHARMACY: Prima BioMed (ASX: PRR) has received a Notice of Allowance from the United States Patent and Trademark Office, protecting the company’s CVac™ technology. The company said CVac™ technology is currently in development for ovarian and pancreatic cancer. “The allowance of this key USA patent is a significant milestone,” Prima BioMed chief executive […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has kicked off pre-feasibility, drilling and other exploration work having recently raised $11.5 million. At the Thunderbird Heavy Mineral Sands deposit, PFS work is underway, including: Port and infrastructure studies; Enhancing metallurgical testwork on bulk sample material using full-scale equipment; Zircon opacity tests; and Regional environmental baseline studies. […]
THE DRILL SERGEANT: Beadell Resources (ASX: BDR) has achieved further high-grade drill results from the Duckhead Main Lode at the company’s 100 per cent-owned Tucano gold mine in Brazil. The results include: 19 metres at 62.8 grams per tonne gold, including 7m at 162.8g/t gold; and 27m at 6.2g/t gold, including 5m at 24.6g/t […]
THE BOURSE WHISPERER: Tiger Resources (ASX: TGS) has started copper cathode production at the company’s Kipoi copper project in the Democratic Republic of Congo (DRC). The company announced cathode production commenced on 25 May, 2014 having completed construction and commissioning of its Stage 2 solvent extraction electro-winning (SXEW) plant at Kipoi. Source: Company announcement […]
IN THE LOBBY: The Chamber of Minerals and Energy of Western Australia (CME) has predicted doom and gloom for the resources sector, in particular for northwest iron ore producers, if the Maritime Union of Australia (MUA) takes industrial action in Port Hedland. “Any disruption to the port’s export operations will have an immediate and negative […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has extended the silver anomaly at the Frakes target on the Menninnie Dam project in the southern Gawler Craton region of South Australia. The extension is the result of recently completed detailed surface geochemistry at the Frakes target. Musgrave said the highest silver numbers in the detailed surface […]
