THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) has acquired a 100 per cent interest in the Loreto copper project, located in the state of Baja California Sur, Mexico. The Loreto property covers an area of 9,571 hectares and is located on the east coast of the Baja California peninsula. Location of Loreto project. Source: […]
THE BOURSE WHISPERER: TNG Limited (ASX: TNG) has completed an internal technical review of the July 2012 Pre-Feasibility Study (PFS) for the company’s Mount Peake vanadium-titanium-iron project in the Northern Territory. TNG claimed the review has led to an enhancement of the project’s economics following the identification of a miscalculation of the value of the […]
THE BOURSE WHISPERER: Galaxy Resources (ASX: GXY) has received clearance from the Zhangjiagang Safety Bureau allowing the company to recommence operations at its Jiangsu lithium carbonate plant in China. The Safety Bureau has inspected and approved Galaxy’s repairs to a u-bend section of pipe in the sodium sulphate crystallisation area of the plant that ruptured […]
THE BOURSE WHISPERER: Genesis Minerals (ASX: GMD) has received notice from Canadian miner Teck Resources, through its subsidiary Teck Argentina, that it has elected to earn back a 60 per cent stake in the Australian junior company’s Las Opeñas project in San Juan, Argentina. The decision is a return of serve in a tennis match, […]
THE BOURSE WHISPERER: Rex Minerals (ASX: RXM) has released maiden open pit Ore Reserves for the company’s 100 per cent-owned Hillside copper project on the Yorke Peninsula, in South Australia. The maiden Ore Reserve has been completed on the back of a recently-completed Pre-feasibility Study, which the company claimed designated Hillside to be Australia’s largest […]
THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has completed drilling at the Lobo prospect within the company’s Batangas gold project, in the Philippines. The company said new drilling intersections encountered on the West Drift epithermal lode system have continued to define a high-grade gold shoot at Lobo. West Drift longitudinal projection with potential […]
THE DRILL SERGEANT: Peninsula Energy (ASX: PEN) has announced an initial JORC Code-compliant Mineral Resource estimate of 50.1 million pounds uranium at the company’s Karoo projects located in the Cape Provinces of South Africa. The estimate includes an indicated resource of 15.7 million pounds grading 1,020 parts per million uranium, above a cut off of […]
THE DRILL SERGEANT: MacPhersons Resources (ASX:MRP) has decided it has advanced pit optimisation studies to the stage where it has now released mining contracting tender documentation at its 100 per cent owned Nimbus silver-zinc-gold project located east of Kalgoorlie’s Super Pit gold mine. MacPhersons recently announced 46 per cent upgrade in the JORC classified Mineral […]
THE BOURSE WHISPERER: Atlas Iron (ASX: AGO) has increased the company’s total Pilbara Ore Reserves by 21 per cent to 499 million tonnes. The company said the result had strengthened its existing operations, near term development projects and longer-term growth strategy. The upgraded Reserve estimate compares with figures Atlas published in 30 June last year. […]
THE BOURSE WHISPERER: Triton Gold (ASX: TON) has acquired a further two exploration license applications located in the Cabo Delgado Province of Mozambique, which the company considers to be an emerging graphite region. The company said the new licence applications provide a sizeable increase to its current land holding of 920 square kilometres. Triton said […]
