THE DRILL SERGEANT: Venturex Resources (ASX: VXR) has struck a deal with private company Blackrock Metals for the reprocessing of existing oxide copper heap leach pads at the company’s Whim Creek site in the Pilbara region of Western Australia. Under the agreement, Venturex has granted Blackrock access rights to the existing Whim Creek oxide copper […]
THE DRILL SERGEANT: Elementos Limited (ASX: ELT) has reported an updated JORC Code-compliant Resource Report for the company’s Cleveland tin-copper and tungsten projects in Tasmania. According to Elementos the updated JORC Mineral Resource for the Cleveland mine has increased the overall resource tonnage by 1.325 million tonnes (or 22 per cent) and the tin contained […]
THE BOURSE WHISPERER: Victory Mines (ASX: VIC) has entered into an agreement with unlisted Australian public company South American Tin Limited (SAT). SAT owns 80 per cent of a local Bolivian entity that holds contracts over seven large-scale tin hard rock, tailings and alluvial tin projects located in the North of Potosi region of Bolivia. […]
THE DRILL SERGEANT: Mining Group (ASX: MNE) has received results from recent grade control sampling conducted at the Descubridora mine at the El Roble copper project in Chile. Ongoing underground face sampling from Descubridora has returned the highest copper results from the project to date, including: RCPCH00348 3.6 metres at 14.35 per cent copper, 1.36 […]
THE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has received positive results from a Pre-Feasibility Study (PFS) into the development of the company’s Kalgoorlie North gold project. The PFS was based on development of a multiple open pit and underground mining operation centred on the Zoroastrian gold system located 45 kilometres north of Kalgoorlie in Western […]
THE DRILL SERGEANT: Marmota Energy (ASX: MEU) has completed a program of infill geochemical sampling and geophysical surveys on the company’s West Melton copper-gold project, located on the Yorke Peninsula in South Australia. The program has defined a geochemical target the company considered to be ready for immediate drill testing. Source: Company announcement […]
THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) has purchased the Viking project group 2 tenements of AngloGold Ashanti Australia (ASX: AGG). The project comprises a landholding in the Proterozoic Albany-Fraser Orogen and adjoining eastern margin of the Archaean Yilgarn Craton in the same mineral province that has delivered the Tropicana gold and Nova-Bollinger nickel discoveries. […]
THE DRILL SERGEANT: Panoramic Resources (ASX: PAN) has received results from a recently-completed electromagnetic (EM) survey of the Savannah North discovery hole, KUD1525 at the company’s Savannah nickel mine in Western Australia. Panoramic recently announced a new discovery zone of mineralisation in drill hole KUD1525 of: 89.3 metres at 1.6 per cent nickel, 0.76 per […]
IN THE LOBBY: APPEA (Australian Petroleum Production & Exploration Association) has said the Australian Government’s Emissions Reduction Fund (ERF) should recognise the Australian gas industry’s contribution to reducing emissions in both Australia and Asia. APPEA’s submission on the ERF Green Paper says the design of Australia’s climate change policy should not deter investment in the […]
THE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) welcomed decision by the Supreme Court of Canada to dismiss a former landholder’s application to appeal previous decisions in regard to ownership of the last private property at the company’s Touquoy gold project. The appeal was sought by the former landowner of the last remaining private property (of […]
