THE DRILL SERGEANT: Bassari Resources (ASX: BSR) has received results from a recently-completed Scoping Study conducted at the company’s Makabingui gold project in Senegal, West Africa. The Study has described the project as being robust, which has been received well by the company as it looks to commence production by mining four high-grade pits within […]
THE DRILL SERGEANT: Niuminco Group (ASX: NIU) announced the release of an Inferred Mineral Resource for the Great Pyramid tin prospect in Eastern Tasmania. The Great Pyramid deposit Inferred Mineral Resource has been estimated at 1.3 million tonnes at 0.3 per cent tin for 3,900 tonnes of contained tin using a 0.2 per cent tincut […]
THE DRILL SERGEANT: The Board of Atlas Iron (ASX: AGO) has approved development of the Mt Webber Stage 2 project, which will double production at Mt Webber to six million tonnes per annum. Atlas said Mt Webber’s first export of Stage 1 product remains on track for the June 14 quarter, with the expanded production […]
THE DRILL SERGEANT: Buxton Resources (ASX: BUX) has reported the maiden JORC Code-compliant Mineral Resource for the Main Zone at the company’s Yalbra graphite project, located east of Gascoyne Junction in Western Australia. The Resources has come in at 2.27 million tonnes at 20.1 per cent total graphitic carbon (TGC), which Buxton said it believes […]
THE DRILL SERGEANT: Orinoco Gold (ASX: OGX) has expanded the Tinteiro IOCG project, located near the company’s high-grade Cascavel gold project in central Brazil. Orinoco has completed rock chipping and mapping, which it says confirms the prospectivity of the project. Tinteiro is part of Orinoco’s Faina Goldfields project and is located within 20 kilometres of […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has received final assay results from the 2013 drilling program undertaken at the company’s Ntaka Hill nickel sulphide project in south-eastern Tanzania. IMX believes the results have confirmed the discovery of Ntaka Kati, a new zone of nickel sulphide mineralisation, located 300 metres north of the Zeppelin deposit. […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has identified a high-quality EM conductor at the company’s Desert Dragon North nickel prospect while conducting a MLEM survey along the Stella Range ultramafic belt at the company’s 100 per cent-owned East Laverton property in Western Australia. St George said its geophysical advisers, Newexco has rated the […]
THE DRILL SERGEANT: Inca Minerals (ASX: ICG) claims to have fielded unsolicited approaches from middle tier and major resource companies for agreement to visit the company’s Chanape project in Peru. The approaches have included requests to access confidential technical and corporate information regarding the project. For commercial and legal reasons Inca is remaining coquettish […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has received further encouraging drilling results from the Gruyere prospect, located within the company’s Dorothy Hills Trend in Western Australia. Gold Road said the recent round of diamond drilling had confirmed the presence of localised high‐grade gold mineralisation. Geological interpretation illustrating flat east‐dipping higher grade mineralised […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. www.breakawayresearch.com Sundance Resources (ASX: SDL) Sundance Resources is a Central African iron ore developer, with high quality projects at the shovel‐ready stage that will initially produce a high‐grade, low impurity Direct Shipping Ore (DSO) product. The company envisages a two stage […]
