THE BOURSE WHISPERER: Cleveland Mining Company (ASX: CDG) has commenced commercial mining and processing of ore at the Premier gold mine (50 per cent CDG) in central Brazil. The Phase I gravity plant at the mine is currently operating at up to 40 tonne per hour. Cleveland indicated it is now working on Phase 2, […]
THE DRILL SERGEANT: Latin Resources (LRS: ASX) has released a revised global Conceptual Exploration Target for the company’s Guadalupito project in Peru. Guadalupito project concessions. Source: Company web page The company said the new target of 4,480 million tonnes at 6.1 per cent heavy minerals [HM] takes into account geological and exploration data […]
THE DRILL SERGEANT: Royal Resources (ASX: ROY) has announced an upgrade of JORC-compliant Inferred Resource at the Ironback Hill prospect, located in the southern portion of the company’s 100 per cent-owned Red Dragon Venture magnetite deposit. The Inferred Resource at Ironback Hill has increased to 1,187 million tonnes at 23.2 per cent iron. A previous […]
THE DRILL SERGEANT: Recent drilling carried out by Cauldron Energy (ASX: CXU) at the Bennett Well South prospect, within the company’s Yanrey uranium project in Western Australia, has identified a third high-grade uranium paleo-channel. Cauldron considers the new channel to be of consistent depth, width and potentially significant length. “The identification of this new 10 […]
THE BOURSE WHISPERER: Testing by Orinoco Gold (ASX: OGX) on an initial one tonne bulk sample from the Cascavel Target at the company’s Curral de Pedra project in central Brazil has returned an average head grade of 22.1 grams per tonne gold. Orinoco claims the result has confirmed the high‐grade nature and significant potential of […]
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received the results of a report conducted by independent consultant Dr Jon Hronsky on the geophysical interpretation of the company’s 100 per cent-owned West Musgrave project in Western Australia. Cassini said the report has provided some context to several discrete anomalies, identifying them as high priority, potentially […]
THE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has commenced a $20 million accelerated drilling program on the Kunanalling and Zuleika shear zones in the heart of the Western Australian Goldfields, just outside of Kalgoorlie – Boulder. The program is to comprise a combination of reverse circulation (RC) and diamond drilling at the company’s Castle Hill […]
THE DRILL SERGEANT: Ampella Mining (ASX: AMX) has received wide zone, high-grade assay results from backlogged drill samples being tested at its newly commissioned on‐site laboratory at the company’s Batie West project in Burkina Faso. The latest assay results were conducted on samples received from a reverse circulation and diamond drill program Ampella completed in […]
THE BOURSE WHISPERER: Doray Minerals (ASX: DRM) has graduated to big boys’ trousers having officially made the transition from mineral explorer to gold miner. The rite of passage follows the commencement of open pit mining operations at the company’s 100 per cent-owned high-grade Andy Well gold project in the northern Murchison region of Western Australia. […]
THE DRILL SERGEANT: Paynes Find Gold (ASX: PNE) has received encouraging results from Stage 2 drilling conducted on the company’s 100 per cent-held tenements at Paynes Find in Western Australia. The Stage 2 drilling was completed in early September, consisting 52 RC holes and six diamond drill holes, producing a total of 7,145 samples, including […]
