THE DRILL SERGEANT: Azimuth Resources (ASX: AZH) has announced a 35 per cent increase in the JORC code-compliant gold resource estimate for the Smarts and Hicks deposits at the company’s West Omai gold project in Guyana. The Inferred Mineral Resource estimate at West Omai for the Smarts and Hicks deposits at a cut off of […]
THE DRILL SERGEANT: Northern Star Resources (ASX: NST) is gearing up for the release of, what the company described as, a significant resource upgrade at its Ashburton gold project in Western Australia. The upgrade is expected after the company received a recent raft of drilling results it says support its plan to make the Ashburton […]
THE BOURSE WHISPERER: Latin Resources (LRS: ASX) has boosted the total JORC-compliant Inferred Resources at the company’s Guadalupito iron and heavy mineral sands project in Peru. The total Inferred Resources for the project have increased 371 per cent from 392 million tonnes with 17.6 million tonnes of contained heavy mineral to 1,465 million tonnes with […]
THE BOURSE WHISPERER: Nimrodel Resources (ASX:NMR) has acquired a second copper deal in Tanzania, executing its second Heads of Agreement in as many weeks, this time for the right to acquire an 85 per cent interest in a contiguous grouping of 54 Primary Mining Licences (PML’s) in the copper mining area of Kigoma in western […]
THE BOURSE WHISPERER: International Goldfields (ASX: IGS) has entered into a Memorandum of Understanding to form an incorporated Joint Venture between the company’s 93 per cent-owned private entity Latin Gold and Brazil-based private entity group Biogold Investment Fund. The deal will result in Latin Gold will transfer assets of its 100 per cent-owned subsidiary Amazongold […]
THE BOURSE WHISPERER: Mutiny Gold (ASX: MYG) has received Mining Proposal approval from the Western Australia Department of Mines and Petroleum (DMP) for the company’s Deflector gold-copper project in the Mid-West of Western Australia. The project has been approved subject to the payment of security bonds. The approval of the Mining Proposal by the DMP […]
THE BOURSE WHISPERER: Southern Hemisphere Mining (ASX: SUH) has shored up a farm-in deal with global major Anglo American over three exploration projects in Chile. The farm-in option agreement allows Anglo American to earn up to 75 per cent equity in the Chitigua, Carboneras and Meteoritica exploration projects by spending up to US$25 million on […]
THE DRILL SERGEANT: Discovery Metals (ASX: DML) has encountered copper-silver mineralisation at the Aphrodite prospect, situated within the company’s 100 per cent-owned prospecting licences in the Kalahari Copperbelt , 170 kilometres south west of its Boseto copper project in Botswana. The company recently completed a 14 hole drill program in the Aphrodite area, comprising 11 […]
THE DRILL SERGEANT: Platina Resources (ASX: PGM) has a new program of RC drilling on the company’s 100 per cent-owned Owendale platinum & scandium project in central New South Wales scheduled to commence in March. Platina claims the Owendale project as Australia’s newest platinum discovery and the world’s most high-grade scandium deposit. Location map […]
THE BOURSE WHISPERER: Northern Minerals (ASX: NTU) has completed metallurgical studies at the company’s Browns Range Heavy Rare Earth Element (HRE) project in northern WA, which it claims has confirmed the project’s ability to produce a high-value, 92 per cent mixed RE oxide. Northern Minerals said the results have supported preliminary hydrometallurgical studies conducted last […]
