THE DRILL SERGEANT: Bauxite Resources (ASX: BAU) has released a Resource upgrade for the company’s Fortuna bauxite deposit in the Darling Range, in Western Australia. The Fortuna resource has been increased by 47 per cent to 39.5 million tonnes at 37.3 per cent aluminium (28.8 per cent available at 148°C), 5.2 per cent silicon (1.6 […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified seven strong and large ground electromagnetic (EM) conductors, variably coincident with strong nickel, cobalt, copper and palladium soil geochemistry responses. The EM conductors have been identified at the company’s new Mulga Tank nickel-copper-PGE joint venture project area, located 200 kilometres northeast of Kalgoorlie in Western Australia. […]
THE DRILL SERGEANT: Papillon Resources (ASX: PIR) has announced an update to the Mineral Resource Estimate (MRE) for the company’s Fekola project, located in south western Mali, adjacent to the border with Senegal. The updated MRE has been estimated at 68.29 million tonnes averaging 2.35 grams per tonne gold for a contained 5.15 million ounces […]
THE BOURSE WHISPERER: Highfield Resources (HFR: ASX) has exited its farm-in agreement with Broadway Resources to explore the McLarty project, Western Australia so it can concentrate on its Spanish portfolio. Highfield entered into the farm-in agreement with Broadway in November 2011 to explore three granted tenements contained in the McLarty project. Under the terms of […]
THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has recommenced RC drilling at the company’s Matilda gold project in Western Australia. The company explained this latest round of drilling is the next step in exploration testing targets at the Matilda and Williamson gold mines. Watch The Roadhouse’s interview with Bryan Dixon now “This drilling is […]
THE BOURSE WHISPERER: Antipa Minerals (ASX: AZY) has entered into an agreement with Yandal Investments Pty Ltd, a company owned and controlled by Western Australian prospecting supremo Mark Creasy. The deal will result in Antipa acquiring 100 per cent Kitchener Resources for the consideration of a one per cent net smelter royalty over the area […]
THE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) has signed a Memorandum of Understanding (MoU) with an un-named major European graphite trader for the sale of graphite material from the Epanko deposit, located within the company’s Mahenge graphite project in Tanzania. Watch The Roadhouse’s interview with Kibaran managing director Andrew Spinks now. Under the […]
CONFERENCE CALLER: A hit list of seven key areas of sensitivity which could wreck or salvage future deals between Australian miners in Africa if handled poorly, has been identified. Speaking in Perth on the first day of the 2013 Paydirt Africa Down Under conference, Gilbert+Tobin Lawyers Partner, Michael Blakiston, said it was increasingly essential to […]
CONFERENCE CALLER: African governments of all persuasions must resist the temptation to increase taxes during times of mining downturn. That was the blunt message from Paladin Energy managing director John Borshoff, speaking in Perth on the first day of the 2013 Paydirt Africa Down Under conference. “To us, this is a no brainer,” Borshoff said. […]
THE DRILL SERGEANT: Gryphon Minerals (ASX: GRY) has announced further high-grade infill Reverse Circulation (RC) drilling results from the Stinger gold deposit, at the company’s Banfora gold project in Burkina Faso, West Africa. The latest drill results are from a Reverse Circulation (RC) infill drilling campaign Gryphon conducted at the Stinger deposit targeting shallow mineralisation […]
