THE BOURSE WHISPERER: Hastings Rare Metals (ASX: HAS) has acquired additional tenements to the company’s 100 per cent-owned Hastings heavy rare earths project near Halls Creek in Western Australia. The tenements are contiguous with the company’s existing tenements and are to the north west and south west. Project location. Source: Company announcement Hastings […]
THE BOURSE WHISPERER: Reed Resources (ASX: RDR) has finalised documentation for a $19 million syndicated finance facility with Credit Suisse. The funds from the finance facility will be available to Reed for immediate use. Reed indicated the funds will be used to meet working capital requirements for the company’s 100 per cent-owned Meekatharra gold project […]
THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has claimed the discovery of nickel and copper sulphide mineralisation from a maiden drilling program targeting those metals at the company’s wholly-owned Canegrass project, located 60 kilometres southeast of Mount Magnet, in Western Australia’s Mid-West region. The program consisted of 7 RC drill holes at two discrete targets, […]
THE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has received assay results from drilling conducted at the Zoroastrian deposit in the company’s Kalgoorlie North gold project, which it claims has continued to demonstrate the high-grade gold resource potential of the area. The latest drilling has returned a notable intercept of 4 metres at 753 grams per […]
THE BOURSE WHISPERER: Emmerson Resources (ASX: ERM) has reaffirmed the terms of its Tennant Creek exploration Joint Venture in the Northern Territory with JV partner Ivanhoe Australia (ASX: IVA). Emmerson said the JV remains committed to the advancement of regional greenfields exploration within its extensive package of tenements. Ivanhoe has spent $18 million in the […]
THE BOURSE WHISPERER: Australian-American Mining Corporation (ASX: AIW) has significantly increased its ground position at the company’s Bluebell and De Soto copper-gold-silver projects in Arizona, in the United States of America. The company has staked 156 unpatented mining claims, which it said has considerably strengthened its ground position at the Bluebell and De Soto projects. […]
THE DRILL SERGEANT: Adelaide Resources (ASX: ADN) has received assay results from the first of two diamond drill holes it carried out in the first half of 2012 at the Wombat prospect, located on the company’s Moonta copper-gold project on Yorke Peninsula of South Australia. The first drillhole, WOMDD001, returned the following intersections: – 2 […]
THE BOURSE WHISPERER: Triton Gold (ASX: TON) has had two exploration licenses at the company’s graphite project areas in Mozambique approved by the Mozambique mines department. The Government’s formal approval relates to two areas Triton considers to be the most prospective for graphite among its Mozambique assets. With the granting of the two licenses, the […]
THE BOURSE WHISPERER: Empire Resources (ASX: ERL) has more than doubled the size of its exploration acreage in the newly-discovered Point Kidman gold domain, located 40 kilometres east of Laverton in Western Australia. The increase takes Empire’s Point Kidman acreage to a total of 780 square kilometres. Source: Company announcement Empire took the […]
THE BOURSE WHISPERER: Mutiny Gold (ASX: MYG) has updated the underground JORC-compliant resource and ore reserve for the company’s Deflector gold-copper deposit in Western Australia. The update comes after a resource classification review, which paid particular attention to the West Lode splay zones which contain some of the highest grade mineralisation discovered to date at […]
