THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Gold drilling underway at Spargoville Tychean Resources (ASX: TYK) has kicked off a program of approximately 6000 metres of Air Core drilling at the company’s 100 per cent-owned […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) is eager to spend the proceeds of a $17 million capital raising. Doray has announced plans to accelerate drill testing of a number of high-quality, near-mine exploration targets at the company’s 100 per cent-owned Andy Well gold project near Meekatharra in Western Australia. The company will be utilising […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of Managing Director/CEO Energy and Minerals Australia (ASX: EMA) has carried out a management restructure which has resulted in the appointment of Mike Young as managing director/chief executive officer of the company. EMA’s current chief executive […]
THE BOURSE WHISPERER: Rumble Resources (ASX: RTR) has upped its stakes in the Fraser Range region of Western Australia with the signing of an earn-in agreement with Blackham Resources (ASX: BLK) to acquire up to 75 per cent of the Zanthus project. The 370 square kilometre Zanthus project is located close to the Nova nickel-copper […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has received more good news from recent drilling conducted at the company’s Promontorio copper-gold-silver project in the Mexican state of Chihuahua. The drilling has returned high-grade copper extensions to the Cascada deposit while gold was encountered from drilling near the Cascada copper-gold-silver deposit. Cascada drill hole location […]
THE BOURSE WHISPERER: Core Exploration (ASX: CXO) has completed tenement acquisitions moving the company to 100 per cent ownership of exploration interests at the Albarta project, located in the IOCG Aileron Province, northeast of Alice Springs in the Northern Territory. “Given the outstanding exploration results received to date across our Albarta tenements, management decided it […]
THE DRILL SERGEANT: Ord River Resources (ASX: ORD) has completed a review of the existing K2 resource model at the company’s Plutonic gold project in Western Australia. The review involved remodelling the mineralisation envelopes at a higher cut-off grade in order to more accurately reflect a selective, underground, mining scenario. According to the company the […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received results from a second phase of aircore drilling completed in December 2013 at the company’s Red Bull nickel-copper project in the Fraser Range Nickel Province of Western Australia. Sheffield carried out the Phase 2 aircore drilling program to follow-up its Phase 1 program, which identified the […]
THE DRILL SERGEANT: Talga Resources (ASX: TLG) has completed a review of historic drill data from one of the company’s Swedish mineral projects. Talga claims the review has confirmed the existence of a new copper-gold play in close proximity to Europe’s largest operating copper-gold mine, the 2,760 million tonnes at 0.17 per cent copper, 0.1 […]
THE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has received the first results from a recently commenced drilling program conducted at the company’s Okvau gold project in Cambodia. The drilling was undertaken to test for north-east strike extensions beyond the project’s current 1.2 million ounce Okvau resource estimate. The recent program consisted six holes (four RC […]
