THE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) have been received preliminary diamond drilling results from the Boorara drilling program located 800m to 1700m southwest of the Company’s 100 per cent-owned Nimbus processing plant. MacPhersons reported the intersections include both higher grade gold-bearing quartz vein and stockwork mineralisation and large halos of background containing 0.3 to […]
THE DRILL SERGEANT: Navarre Minerals (ASX: NML) has identified a porphyry copper and molybdenum target from historical records recently revealed by the Geological Survey of Victoria (GSV). The new Lexington prospect has surface dimensions of approximately 500 metres by 700 metres (0.1 per cent copper cut-off) and lies wholly within the company’s Stavely exploration licence, […]
THE DRILL SERGEANT: Castle Minerals (ASX: CDT) has completed analysis of individual metre intervals of RC drilling at the company’s Bundi prospect, which has defined a high-grade gold and zinc horizon. Castle said the horizon runs for over at least 1100 metres of strike, which it considers upgrades the resource potential of the Bundi prospect. […]
THE DRILL SERGEANT: Clancy Exploration (ASX: CLY) has received results from reverse circulation (RC) drilling conducted at the company’s 100 per cent-owned Condobolin project in central New South Wales. Results have now been received from all RC holes Clancy has drilled at the Meritilga and Bluebell prospects in April and May 2013. The drilling intersected […]
THE BOURSE WHISPERER: Cleveland Mining Company (ASX: CDG) has signed a $10 million Investment Facility with Boston-based Investment Manager, Baycrest Capital. The facility provides Cleveland with the ability to draw down funds at its discretion over a three year term, providing well-priced capital that will facilitate the further development of the company’s Brazilian portfolio. Cleveland […]
CONFERENCE CALLER: Attending events such as the Gold Coast Resources Showcase allows investors first hand communication with and vital insight into the activities of the mining companies in attendance. They also throw up companies punters may never get to hear about. One such enterprise at this year’s Showcase was unlisted public company Auzex Exploration. Auzex […]
THE CONFERENCE CALLER: Uranium has always been a difficult commodity and telling its story is always challenging. “The uranium story is a little bit different to that of other commodities in that the demand remains fairly constant and supply has been constant,” Laramide Resources managing director Peter Mullens told the 2013 Gold Coats Resources Showcase. […]
CONFERENCE CALLER: The opening day of the Gold Coast Resources Showcase was greeted by an ominously overcast Queensland sky. As the weather reflected the current downcast mood of the Australian investment market, Lime Street Capital managing director Stephen Bartrop opened the conference by stating the market, in particular the resources sector is currently in an […]
CONFERENCE CALLER: As part of his address to the second-day audience at The 2013 Gold Coast Resources Showcase, Robert Milbourne of law firm Norton Rose Fulbright said investors should be aware of the introduction of the Queensland Government’s Common Resources Act (CRA). The Queensland Government is proposing to replace the State’s five current Acts with […]
THE DRILL SERGEANT: Apollo Minerals (ASX: AON) has received encouraging assay results from a Phase 1 cored drilling program at the company’s 100 per cent-owned Acacia East prospect on the Titan base-precious metals project in South Australia. The drilling intersected intervals of disseminated, stringer and massive sulphides while targeting a coincident high-density gravity anomaly and […]
