THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has defined new silver targets near the company’s Paris silver prospect, located on the Eyre Peninsula, South Australia. The most encouraging of these is described by the company as ‘The large Alexander target’ (2.5km x 400m). Investigator consider Alexander to be a likely offset extension of the nearby […]
THE DRILL SERGEANT: Drilling being conducted by recently-listed Tungsten Mining (ASX: TGN) continues to intersect high-grade tungsten mineralisation at the company’s Kilba project in the Gascoyne Region of Western Australia. To date the company has drilled 24 diamond holes and 43 reverse circulation (RC) holes for intersections including: – 4 metres at 2.41 per cent […]
THE BOURSE WHISPERER: Venture Minerals (ASX: VMS) has secured debt financing from BNP Paribas for the company’s Riley Direct Shipping Ore (DSO) project in northwest Tasmania. The financing comes in the form of a $15 million, two year, revolving line of credit, which the company indicated would essentially be a standby working capital facility for […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a Stage 1 reconnaissance exploration program on the company’s recently-acquired, 100 per cent-owned Panchita gold project in Mexico. Surface sampling conducted by Azure returned high-grade gold assays – some containing visible gold – including: – 44.9 grams per tonne gold and 33 grams per tonne silver; […]
THE DRILL SERGEANT: Image Resources (ASX: IMA) has delivered a higher grade resource extension at the Boonanarring heavy mineral (HM) deposit, located 90km north of Perth, which forms part of the company’s North Perth Basin mineral sands project. Image said recent drilling has confirmed an extension of the Boonanarring deposit resulting in an additional […]
THE BOURSE WHISPERER: Black Mountain Resources (ASX: BMZ) has commenced construction of a development drive to access the high-grade silver Bonanza Zone at the company’s New Departure silver project located in Montana, in the United States of America. Once it has access to the Bonanza Zone, Black Mountain said it intends to take production samples […]
THE BOURSE WHISPERER: Silex Systems (ASX:SLX), via its wholly-owned subsidiary Solar Systems, has announced commenced operation of Australia’s largest Concentrating Photovoltaic (CPV) solar power station in Mildura, north west Victoria. Silex said the grid-connected facility will demonstrate Solar Systems’ ‘Dense Array’ CPV solar conversion system. The company explained that and when the facility becomes fully […]
THE BOURSE WHISPERER: Western Australian premier Colin Barnett said he didn’t know yesterday, however LNG developer Woodside ensured his awakening this morning would have been of the rude variety. The news greeting the Premier this morning was that Woodside has completed technical and commercial evaluation of the proposed Browse LNG Development near James Price Point […]
THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) has received commitments from participants in a share placement of 58.75 million fully paid ordinary shares at 4 cents each to raise $2.35 million. The placement was supported by Drake Private Investments, a prominent New York-based investment fund, which recently became a substantial shareholder of the company. Drake […]
THE BOURSE WHISPERER: Anova Metals (ASX: AWV) has calculated a maiden JORC Mineral Resource estimate for the company’s Big Springs gold deposit. Big Springs is a Carlin-style gold deposit located in north eastern Nevada, in the United States of America. Big Springs project location in Nevada, USA. Source: Company announcement The Inferred Mineral […]
