THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has encountered new gold intersections while conducting a recently-completed program of aircoe and RC drilling at the company’s 100 per cent-owned Glenburgh gold project in Western Australia. Gascoyne said the drilling was carried out to target extensions to previously identified high-grades west of the Shelby deposit conceptual pit, […]
THE DRILL SERGEANT: Talga Resources (ASX: TLG) has received results from iron ore resource estimates across the company’s Vittangi project magnetite deposits in northern Sweden. The latest work has provided a maiden JORC Inferred resource estimate of 124 million tonnes grading 33 per cent iron across Talga’s Vittangi project magnetite iron deposits in northern Sweden. […]
THE DRILL SERGEANT: Drilling being conducted by Corazon Mining (ASX: CZN) at the company’s Top Up Rise project (TUR) in the Gibson Desert region of Western Australia has encountered an intersection of a broad zone of sulphide mineralisation, including massive sulphide. The company undertaking its inaugural drilling program at TUR with the primary target […]
THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has begun a Down Hole Electromagnetic Survey (DHEM) at the company’s Horseshoe Lights copper-gold project, located 75 kilometres from Sandfire Resources’ (ASX: SFR) DeGrussa copper-gold mine, in Western Australia. The company explained the aim of the DHEM survey is to test for off-hole conductors that may represent […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has completed its first RC drilling program at the company’s Oxley project near Three Springs in the Mid-west region Western Australia. The company has reported the maiden 17-hole 1,704 metre program has returned thick, high-grade potash intervals including: – 75 metres at 8.38 per cent potassium oxide from […]
THE CONFERENCE CALLER: The main focus of copper-gold uranium company Alliance Resources (ASX: AGS) is the company’s 25 per cent stake in the Four Mile uranium project in South Australia. The Four Mile project boasts an Indicated and Inferred Resource of 71 million pounds of uranium oxide and is claimed to have the potential to […]
Uranium price rise to kick off sector M&A activity CONFERENCE CALLER: Matthew Keane metals and mining research analyst with stockbroking and research house, Argonaut opened the 2013 Australian Uranium Conference with a bullish approach for the metal’s immediate future. Keane based his presentation on what he called an, “equities perspective of the uranium industry”. “Argonaut […]
Demand will drive uranium growth with M&A activity to rise THE CONFERENCE CALLER: Adam Myers corporate finance partner with tax and advisory firm BDO opened his presentation at the Australian Uranium Conference with a quote from Reserve Bank of Australia Governor Glenn Stevens. “The global economy is likely to record growth a little below trend […]
THE CONFERENCE CALLER: Energy and Minerals Australia (ASX: EMA) chief executive officer Julian Tapp told the Australian Uranium Conference that his company’s recent change of its management structure was a deliberate move. The move, he said, was to allow the company to focus on moving its Mulga Rock uranium project into development. “This is a […]
THE BOURSE WHISPERER: Australia Minerals and Mining Group (ASX: AKA) is about to commence a Definitive Feasibility Study (DFS) for the company’s 100 per cent-owned South West High Purity Alumina project, located in the south west of Western Australia. AMMG has appointed a Perth-based metallurgist and process engineering company to complete the DFS with the […]
