THE DRILL SERGEANT: Phoenix Copper (ASX: PNX) has identified a number of new targets through ongoing exploration activities, including drilling and geophysical work on the Eagle prospect at the company’s Burra project located north of Adelaide in South Australia. Phoenix Copper southern South Australia project location plan. Source: Company announcement The company has […]
THE DRILL SERGEANT: Silver Lake Resources (ASX: SLR) has received assay results from ongoing exploration being carried out at the company’s Mount Monger Operations. The latest activity has taken place at the Lorna Doone and Spinifex deposits, which are located approximately two kilometres south east of the Daisy Milano mine. According to Silver Lake, the […]
THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has completed its latest phase of Reverse Circulation percussion drilling at the company’s 100 per cent-owned Kumarina copper project in Western Australia. The latest round of drilling at Kumarina was completed on 2 December 2012 and focused on in-fill and step-out holes at the Rinaldi Prospect with 27 […]
THE BOURSE WHISPERER: ERO Mining (ASX: ERO) has been granted a Deed of Access – Exploration by the Defence Department over Exploration Licence 4854. The Exploration Licence is part of the Billa Kalina project, located in the Olympic Dam region of central South Australia. The Billa Kalina project is being explored under the terms of […]
If you weren’t invested in CSL Limited (ASX: CSL), The Commonwealth Bank, (ASX: CBA), Telstra (ASX: TLS) and/or Sirius Resources (ASX: SIR) it’s been a pretty tough old year in the investment community. CSL is up 66.25 per cent, Telstra is up 30.3 per cent, and CBA is up 23.75 per cent. These three stocks […]
One of the most common sense opinions I’ve heard expressed in the resources sector over recent times came from a North American mining company executive, James Hekseth, who in a presentation recently to a mining association conference panel discussion on mine financing, urged miners not to be pressured into building large mining projects in an […]
THE DRILL SERGEANT: Ventnor Resources (ASX: VRX) has received drill results it claims has confirmed the highest grade intersection it has achieved to-date at the company’s Thaduna/Green Dragon copper project in Western Australia. The company said the results support visual indications it reported from a deep drilling program in November while confirming an intersection of […]
THE DRILL SERGEANT: Ironclad Mining (ASX: IFE) is currently drilling two, previously untested, prospects situated adjacent to the company’s Wilcherry Hill project in South Australia. The company said it has encountered continuous near surface Direct Shipping Ore (DSO) Goethite/Hematite at the Zealous and Black Hills West prospects. Both Prospects are located within the Joint Venture […]
THE DRILL SERGEANT: Robust Resources (ASX: ROL) has continued to encounter high-grade manganese mineralisation near surface at its Romang Island project in eastern Indonesia. The company has received results for three recent holes, which it specifically drilled to target manganese mineralisation. Each of these holes intersected significant widths and grades of manganese including high-grade zones […]
THE DRILL SERGEANT: Orinoco Gold (ASX: OGX) has received the first assay results from a maiden diamond drilling program currently underway at the company’s Curral de Pedra gold project in central Brazil, which it claims have confirmed the continuity of mineralisation over 620 metres down dip. Orinoco indicated the assays it has received to date […]
