THE INSIDE STORY: To simply describe 2012 as hectic for Australian exploration company Corazon Mining (ASX: CZN) would be understating the company’s achievements. While continuing to develop its Lynn Lake nickel asset in Canada, Corazon took advantage of opportunistic market conditions in 2012 to add new, quality projects to its portfolio. These included the Canadian […]
THE DRILL SERGEANT: Papillon Resources (ASX: PIR) has received the latest results from a 2011/2012 drilling program undertaken at the company’s Fekola project, located in south western Mali. The Project currently hosts a Mineral Resource Estimate comprising 40.1 million tonnes at 2.4 grams per tonne gold for a contained 3.14 million ounces of gold at […]
THE DRILL SERGEANT: Discovery Metals (ASX: DML) has reported assay results from 15 diamond drill holes at the Zeta NE deposit, located within the company’s 100 per cent-owned prospecting licences in the Kalahari Copperbelt in north-west Botswana. Discovery said the In-fill drilling at Zeta NE has intersected copper-silver mineralisation thicker than what it expected. Diamond […]
THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) has completed a land access agreement with the Tjamu Tjamu (Aboriginal Corporation) RNTBC and Ngaanyatjarra Land Council (Aboriginal Corporation). The agreement will facilitate the exploration of the company’s recently-acquired Top Up Rise project (TUR) in Western Australia. The TUR project is located in the Gibson Desert region of […]
THE BOURSE WHISPERER: Swedish-focussed explorer Talga Resources (ASX: TLG) has signed a Memorandum of Understanding (MOU) in regards to the development of the company’s graphite assets in Sweden. Talga has signed a non-binding MOU with the Port of Luleå (PoL) regarding the allocation of port space allowing up to 80,000 tonnes of graphite concentrate or […]
THE DRILL SERGEANT: TNG Limited (ASX: TNG) has reported new results from re-sampling and assaying of historic diamond drill core from the Mount Hardy ‘Mine’ prospect at the company’s 100 per cent-owned Mount Hardy copper project in the Northern Territory. The company considers the latest results provide evidence of widespread copper mineralisation at Mount Hardy […]
THE DRILL SERGEANT: Mithril Resources (ASX: MTH) has kicked off a 1,300 metre Reverse Circulation drill program to test the extensional potential of the company’s Spargos Reward gold mine. The company has a second drill program to test regional targets south of the mine planned to commence in early 2013. The drilling follows the acquisition […]
THE BOURSE WHISPERER: Australian iron ore producer, BC Iron (ASX: BCI) has signed agreements with its joint venture partner, Fortescue Metals Group (ASX: FMG) and subsidiaries, to acquire an additional 25 per cent interest in the Nullagine iron ore Joint Venture (NJV), effective 1 January 2013. As part of the transaction, BC Iron, its subsidiary […]
THE BOURSE WHISPERER: Southern Cross Goldfields (ASX: SXG) has signed a formal Sale Agreement with Troy Resources (ASX: TRY) for the acquisition of the Sandstone gold project. Southern Cross has also received a credit-approved offer of finance from RMB Australia Holdings for the provision of an acquisition finance facility of up to $7 million to […]
THE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has received results of interim resource calculations based on drilling results received to date from the Zoroastrian gold deposit within the company’s 100 per cent-owned Kalgoorlie North gold project. The company has announced an increase in contained gold ounces at Zoroastrian by 50 per cent. The Zoroastrian gold […]
