THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a ground gravity survey, which has delineated two large, dense bodies at the company’s 100 per cent-owned La Tortuga project in Mexico. Azure has measured the larger of the two bodies to cover an area of 2,400 metres by 1,200 metres at its widest point, while […]
THE DRILL SERGEANT: Sirius Resources (ASX: SIR) has followed up the initial Bollinger discovery hole with an intercept of over 40 metres of massive and breccia sulphides, which the company claims to be an indication the substantive nature of the Bollinger deposit. Sirius said drilling has also confirmed its Nova deposit is connected to Bollinger […]
THE BOURSE WHISPERER: Navarre Minerals (ASX: NML) has announced it has earned a 51 per cent participating interest in the Sebastian gold project, in line with the company’s farm-in agreement with Castlemaine Goldfields. The Sebastian project comprises two exploration licences (EL4536 and EL4974) located between the regional city of Bendigo and Navarre’s 100 per cent-owned […]
THE DRILL SERGEANT: Castle Minerals (ASX: CDT) has claimed discovery of an open ended zone of bedrock gold mineralisation over one kilometre long while conducting RAB drilling at the Bundi prospect, situated within the company’s Wa project in north-west Ghana. Wa project geology and prospect locations in north-west Ghana. Source: Company announcement Castle […]
THE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) has recorded its best drilling intercept to date from the maiden drilling program being conducted at the company’s Blue Bell project in Arizona. The latest Blue Bell drilling result has returned high-grade copper-gold-silver mineralisation of: – 17 metres at 4.5 per cent copper equivalent (CuEq) (2.1 per […]
THE BOURSE WHISPERER: Green Rock Energy (ASX: GRK) has announced the signing of a Memorandum of Understanding between its subsidiary company Mid West Geothermal Power (MWGP) and AWE Australia, a subsidiary of ASX-listed oil and gas exploration company AWE (ASX: AWE). The MoU covers the intention of forming a joint venture to demonstrate the development […]
THE BOURSE WHISPERER: Ampella Mining (ASX: AMX) has upgraded the JORC Code-compliant Resource at the Konkera deposit, situated within the company’s 100 per cent-owned Batie West gold project in Burkina Faso. The upgrade comes on the back of an infill drilling campaign completed during 2012 on the Konkera Resource for pre-feasibility studies (PFS) purposes and […]
THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has completed a maiden JORC Code-compliant Mineral Resource estimation at the company’s Kumarina copper project, located in the Peak Hill Mineral Field of Western Australia. At a cut-off grade of 0.5 per cent copper, the Mineral Resource estimate is 835,000 tonnes at 1.3 per cent copper for 10,600 […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has reported new nickel sulphide intersections from a drilling campaign it carried out in November 2012 at the Zeppelin deposit, situated within the company’s Ntaka Hill nickel sulphide project in Tanzania. The drilling campaign at Zeppelin consisted of nineteen diamond drill holes and tested a target the company […]
THE BOURSE WHISPERER: Independence Group (ASX: IGO) has signed a new facility agreement with National Australia Bank (ASX: NAB) totalling $170 million. The company explained the new facility agreement provides it with a number of facilities that will provide financial flexibility as development of the company’s Tropicana gold project in Western Australia moves closer to […]
