THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has announced a major increase in the Mineral Resource estimate 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 project’s new total Measured, Indicated and Inferred Mineral Resource Estimation is: – 12.85 million tonnes at […]
THE BOURSE WHISPERER: FairStar Resources (ASX: FAS) has secured an irrevocable commitment for $260 million – equating to 80 per cent of funding for the company’s Steeple Hill Iron Project (SHIP), located in the Yilgarn region of Western Australia. FairStar has struck the funding deal with Alliance Super Holdings, which the company said will transition […]
THE BOURSE WHISPERER: Beadell Resources (ASX: BDR) has produced the first iron ore concentrate from the company’s newly-commissioned Magnetic Separation plant in Brazil. This concentrate is being extracted from the tailings at Beadell’s Tucano gold plant as a by-product. Beadell anticipates the concentrate to provide a substantial financial credit to its gold operation. The plant […]
THE BOURSE WHISPERER: Australian exploration company, Global Geoscience (ASX: GSC) has formed an alliance with global Chilean copper major, Antofagasta to explore for copper in the United States. Global Geoscience has signed a non-binding letter of intent with Antofagasta to search for copper in Arizona in the United States of America. Antofagasta will fully fund […]
THE DRILL SERGEANT: Lodestar Minerals (ASX: LSR) has encountered further gold intercepts in aircore drilling recently completed at the Contessa prospect on the company’s Neds Creek tenements, located 170 kilometres north of Meekatharra in Western Australia. Recent drilling targeted extensions to gold intercepts previously reported by the company and include: – 5 metres at 6.6 […]
THE DRILL SERGEANT: Poseidon Nickel (ASX: POS) received results from drilling currently underway at the company’s Mt Windarra nickel project in Western Australia. The company is confident the latest intercepts should lead to further high-grade nickel zones being added to the current Mt Windarra resource. The latest results were achieved by drilling at the expanded […]
THE DRILL SERGEANT: Trafford Resources (ASX: TRF) has reported recent drilling conducted at the Hercules prospect at the company’s 100 per cent-owned Wilcherry Hill project in South Australia by IronClad Mining (ASX: IFE). The drilling was aimed at near surface Direct Shipping hematite iron, yet intersected 23 metres at 22 per cent manganese from 55 […]
THE BOURSE WHISPERER: Orbis Gold (ASX: OBS) has entered into a Sale and Purchase Agreement with Syndicated Metals (ASX: SMD) for the sale of the former’s interest in the Leichardt project area tenements, located in the Mount Isa region of north‐west Queensland. The granted tenements and tenement applications subject of the agreement include: – A […]
THE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) has entered into a Joint Venture with Falcon Minerals (ASX: FCN) to explore for copper-gold mineralisation on two Falcon tenements in the Cloncurry district of northwest Queensland. The Joint Venture into the two Falcon-owned tenements (EPM 18289 and EPMA18313) allows Minotaur to earn a 51 per cent interest […]
CONFERENCE CALLER: The Australian Securities Exchange (ASX) said its continual outperformance of other regional trading exchanges underpinned its case to be the exchange of choice for new IPOs or listings by joint stakeholders in Australia and Latin America’s future resources sector. However, while the ASX based miners and explorers outgunned bourses such as Toronto and […]
