There’s a lot of satisfaction in travelling your own road to achieve a goal, especially when others insist you should keep to a well-worn path. It didn’t take Doray Minerals (ASX: DRM) long to realise it would bring its Andy Well gold project, located in the northern Murchison region of Western Australia, through to production. […]
THE CONFERENCE CALLER: Next Week, The Roadhouse will be attending the RIU Melbourne Resources Round-up. Now in its fourth year the RIU Melbourne Round Up is a regular fixture on the resources conference circuit calendar as one of the must attends for junior and mid-cap resource companies to present to the stockbroking, institutional and investor […]
THE DRILL SERGEANT: Cleveland Mining Company (ASX: CDG) has converted the Memoranda of Understanding (MOU) held over three iron-ore projects in Brazil into binding Option Agreements. Cleveland explained the Option Agreements allow the company’s recently-formed alliance with BC Iron (ASX: BCI) to acquire up to 80 per cent of the projects from private Brazilian company, […]
THE DRILL SERGEANT: Drake Resources (ASX: DRK), in league with its Joint Venture partner Panoramic Resources (ASX: PAN), has commenced diamond drilling and down hole geophysics at the Nordgruva copper zinc prospect. The prospect is part of the JV’s Nordgruva project, located in central Norway. Drake has a number of assets prospective for copper, […]
THE DRILL SERGEANT: Latin Resources (ASX: LRS) has reported the identification of ten new IOCG/Porphyry copper target areas in the company’s 100 per cent-owned concession holdings in the coastal IOCG/Porphyry copper belt of Southern Peru. Latin has reported two previously-identified targets within this part of the belt that have been partly drill tested to date. […]
THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has commenced an independent Scoping Study at the company’s Batangas project, located south of Manila in the Philippines. Red Mountain indicated the Scoping Study will examine the viability and high-margin potential of the Batangas mining and processing project. The Scoping Study will initially be based on the […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has reported further high-grade zinc results from drilling currently underway at the Teena prospect, which forms part of the company’s Reward zinc project located in the Northern Territory. Rox indicated the high-grade mineralised zone at Teena has been extended by the third diamond drill hole of the […]
THE BOURSE WHISPERER: Altona Mining (ASX: AOH) has struck an exploration Joint Venture agreement with Chinalco Yunnan Copper Resources (ASX: CYU) where Chinalco may earn up to a 70 per cent interest in the southern tenements at Altona’s Roseby project in Queensland. Source: Company announcement Chinalco is 43 per cent-owned by Yunnan Copper […]
THE DRILL SERGEANT: Artemis Resources (ASX: ARV) has reported progress from a recently-commenced 15 hole, 3,000 metre reverse circulation (RC) drilling program currently underway at the company’s Eastern Hills antimony-lead deposit, located in the Ashburton region of Western Australia. Artemis indicated the first five holes to be completed have all intersected sulphide mineralisation, and in […]
THE DRILL SERGEANT: First pass reconnaissance drilling being conducted by Sirius Resources (ASX: SIR) has extended a zone of gold anomalism at the first gold targets being tested on the company’s 100 per cent-owned Polar Bear project. Sirius has extended the main gold anomaly at Polar Bear several hundred metres, taking its strike extent to […]
