THE BOURSE WHISPERER: Emergent Resources (ASX:EMG) has entered into a conditional agreement to acquire West Rock Resources, a move the company claims will reposition it as a Colombian-focused base and precious metals explorer. A privately-owned Australian entity, West Rock has an established exploration team in Colombia, and, through its wholly-owned subsidiaries, has the rights to […]
THE BOURSE WHISPERER: InterMet Resources (ASX: ITT) has executed a binding Option Agreement with Rossiter Minerals for an exclusive six month option to acquire an 80 per cent interest in the Calypso nickel sulphide project located in Western Australia. InterMet described the Calypso project as an early-stage nickel exploration project. It is located north of […]
THE DRILL SERGEANT: Axiom Mining (ASX: AVQ) has received assays from 99 air track percussion holes drilled by Solomons Copper Australia on the company’s 100 per cent-owned Cardross Mining Lease in North Queensland. According to Axiom the drilling encountered gold and copper within shallow oxide mineralisation zone overlying massive sulphide zones the company recently discovered […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has commenced an electro-magnetic (EM) survey at the Fisher East nickel sulphide discovery. Fisher East forms part of the company’s Mt Fisher project, located north of Kalgoorlie in Western Australia. The company conducted Reverse Circulation (RC) drilling in December 2012. This program included five holes drilled at the […]
THE DRILL SERGEANT: Riedel Resources (ASX: RIE) has encountered wide, anomalous copper intercepts over broad areas from first-pass drilling within high-priority geochemical targets at the company’s Marymia project. The Marymia project is located east of Barrick’s 4.7 million ounce Plutonic gold mine, north-east of Sandfire Resources’ (ASX: SFR) DeGrussa copper-gold mine and east-north-east of Ventnor […]
THE DRILL SERGEANT: Taruga Gold (ASX: TAR) has encountered further near-surface gold mineralised intersections at the Borobon prospect, located within the company’s Kossa project in Niger, West Africa. The latest results are from a reverse circulation (RC) drilling campaign targeting the Kossa-Borobon gold mineralised trend. Taruga said the drilling is part of an ongoing exploration […]
THE DRILL SERGEANT: Aphrodite Gold (ASX: AQQ) has been encouraged by gold results it has received from maiden exploration drilling programs being conducted over the Stubby Tail and Blue Tongue prospects located close to the company’s Aphrodite gold deposit, north of Kalgoorlie in the Eastern Goldfields of Western Australia. A Pre-Feasibility Study is currently underway […]
THE BOURSE WHISPERER: KalNorth Gold Mines (ASX: KGM) has wasted little time in commencing earthworks to prepare for mining at the company’s 100 per cent-owned Lindsay’s gold mine having been issued a Mining Licence by the Western Australian Department of Mines and Petroleum. The company described the official approval of its Mining Proposal and Project […]
THE DRILL SERGEANT: Underground exploration activity being conducted by Metals X (ASX: MLX) at the company’s 50 per cent-owned Renison tin mine in Tasmania has defined new zones of high-grade tin mineralisation beyond the boundaries of the current resource. Metals X said the ongoing work has also highlighted opportunities above existing development, which were unrecognised […]
THE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has released assay results from four Reverse Circulation (RC) drill holes recently-completed at the Epanko prospect within the company’s Mahenge graphite project in Tanzania. The company said the assay results have confirmed all four holes intercepted additional high-grade graphite intersections. Noteworthy intersections include: – 14 metres at 10.2 […]
