THE BOURSE WHISPERER: Australian Bauxite (ABx) (ASX: ABZ) has lodged an Application for a Mining Lease with Mineral Resources Tasmania. The company has also submitted a Notice of Intent to the Environment Protection Authority. ABx executed a Term Sheet earlier this year with major Chinese aluminium company, Xinfa Group, which is currently conducting due diligence […]
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has claimed to be on track to complete a maiden JORC resource for a second potential satellite project to the company’s Jambreiro iron ore project in south-east Brazil by June. The company’s confidence has been buoyed having received further positive drilling results from its 100 per cent-owned Candonga […]
THE DRILL SERGEANT: Cleveland Mining Company (ASX: CDG) has drilled the first hole of a diamond drilling program at the company’s Premier North target in Brazil. The drilling subsequently intersected approximately 60 metres of carbonaceous graphitic schist material, which its claims bears strong similarity to the gold‐bearing ore zones at both Cleveland’s Premier mine and […]
THE BOURSE WHISPERER: Trafford Resources (ASX: TRF) has struck a Farm-In agreement with Alloy Resources (ASX: AYR) on Trafford’s Lynas Find gold project, located approximately 100 kilometres south of Port Hedland in the West Pilbara region of Western Australia. The Lynas Find project comprises twelve Prospecting Licenses and one Exploration License over two contiguous blocks, […]
THE DRILL SERGEANT: Castle Minerals (ASX: CDT) has claimed to have intersected a new zone of bedrock gold mineralisation while conducting RAB drilling four kilometres south of the company’s Bundi prospect in north‐west Ghana. Castle’s Wa project in north‐west Ghana. Source: Company announcement The company is conducting RAB drilling testing of an earlier […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has completed an Inferred Mineral Resource estimate for the Zeppelin deposit. The Zeppelin deposit forms part of the company’s Ntaka Hill nickel sulphide project, located in south-east Tanzania. The Inferred Mineral Resource at the Zeppelin deposit has been calculated at 6 million tonnes at 0.52 per cent nickel […]
THE DRILL SERGEANT: White Rock Minerals (ASX: WRM) has been encouraged by recent assay results from the Red Rock prospect, located 15 kilometres from the company’s 750,000 ounce gold equivalent Resource base at Mt Carrington in northern New South Wales. The company has received assays from the first hole of a seven-hole infill drilling program, […]
THE BOURSE WHISPERER: Bligh Resources (ASX: BGH) has received results of a preliminary scoping study recently completed at the Bundarra gold project in the Leonora region of Western Australia. Bligh holds a 42.9 per cent interest in SR Mining, which owns 100 per cent of the Bundarra project. The scoping study was carried out by […]
THE DRILL SERGEANT: Toro Energy (ASX: TOE) has commenced its 2013 extensive infill drilling program at the company’s wholly-owned Wiluna uranium project, based near Wiluna in Western Australia. Toro said the program has been designed to focus on three of the five deposits situated within the Wiluna project regional resource: Lake Way, Millipede and Dawson […]
THE BOURSE WHISPERER: BC Iron (ASX: BCI) and Cleveland Mining Company (ASX: CDG) have signed two Memoranda of Understanding (MoU) to earn the rights to acquire up to 80 per cent of three separate iron ore exploration projects in the Brazilian states of Salvador da Bahia and Minas Girais. The proposed acquisitions constitute the first […]
