THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has been encouraged by initial results from an ongoing resource evaluation drill program currently underway at the company’s 100 per cent-owned Mofe Creek iron ore project in Liberia, West Africa. Tawana has received assay results received for the first batch samples from the RC resource drilling completed at […]
THE BOURSE WHISPERER: Shares in base metals exploration play Ventnor Resources (ASX: VRX) have recommenced trading. The return to the Boards of the ASX follows the company raising up to $1 million through loan agreements with sophisticated investors introduced to Ventnor by Patersons Securities. Ventnor said the funds raised under the agreements will be used […]
THE BOURSE WHISPERER: Toro Energy (ASX: TOE) has completed its $35 million all-scrip acquisition of the Lake Maitland uranium project in Western Australia, from TSX-listed Mega Uranium. In August 2013, Toro agreed to acquire Lake Maitland and associated assets, including $1.5 million cash from Mega, in return for 415 million new fully-paid ordinary shares in […]
THE BOURSE WHISPERER: ActivEX Limited (ASX: AIV) has signed a Sale and Purchase Agreement with Newcrest Operations Limited, a subsidiary of Newcrest Mining (ASX: NCM). The deal is for the purchase of a 100 per cent interest in Exploration Permit for Minerals 14079 – also known as Coalstoun Lakes, located 100 kilometres north-west of Gympie […]
THE BOURSE WHISPERER: Marmota Energy (ASX: MEU) has increased its interest to 100 per cent in the uranium rights to the company’s Junction Dam uranium project located west of Broken Hill in South Australia. The project is situated within a sandstone-hosted uranium province, which hosts the Honeymoon and Beverley uranium mines. Junction Dam location […]
THE BOURSE WHISPERER: Silver Lake Resources (ASX: SLR) may not have enjoyed the best of years share price-wise, but the company has been able to celebrate production of 500,000 ounces of gold bullion since its maiden gold pour in April 2008. The company said the milestone has been achieved by processing 4.4 million ore tonnes […]
THE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) has intersected new zinc stringer zone mineralisation while conducting deep diamond drilling at the company’s 100 per cent-owned Nimbus silver-gold-zinc project, located east of Kalgoorlie’s superpit gold mine. Nimbus-Boorara silver-gold-zinc projects located 10km east of Kalgoorlie’s superpit gold mine. Source: Company announcement The company said handheld […]
THE DRILL SERGEANT: Carpentaria Exploration (ASX:CAP) has been encouraged by gold results it has received from rock chip and soil samples taken at the company’s 100 per cent-owned Advene gold project in New South Wales. The Advene project is located in the central Lachlan Fold Belt, just 80 kilometres from the Cowal gold mine and […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has completed a 20 hole infill and extensional RC drilling program, which it claims has doubles the strike length of the Gruyere Prospect at the Dorothy Hills Trend. The Gruyere prospect is located at the Dorothy Hills project area, 25 kilometres east of the high-grade Central Bore […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has identified a number of new nickel sulphide targets at the company’s Fisher East nickel sulphide project, located 500 kilometres north of Kalgoorlie in Western Australia. The new targets were identified during a recent drilling program of 191 aircore holes. Fisher East ultramafic belt – prospect locations […]
