THE DRILL SERGEANT: Pegasus Metals (ASX: PUN) has received drilling results, which it claims have confirmed the presence of extensive massive sulphide mineralisation with high-grade copper as well as zinc, silver and gold at the South Limb Pod deposit at the company’s Mt Mulcahy project in Western Australia. The latest results include grades of up […]
THE DRILL SERGEANT: Reverse circulation (RC) drilling carried out by IMX Resources (ASX: IXR, TSX: IXR) has encountered up to 2.71 grams per tonne gold and multiple intersections of anomalous base metals from the HOG prospect, located 21km northeast of the company’s Ntaka Hill nickel sulphide project. The HOG prospect is part of the company’s […]
THE DRILL SERGEANT: Tiger Resources (ASX: TGS) has upgraded the Mineral Resource at Kipoi North from Inferred to the Indicated category. The Kipoi North deposit is located one kilometre north-east of the Kipoi Central deposit, within the boundaries of the company’s Kipoi copper project in the Democratic Republic of Congo. Kipoi project geology and […]
THE DRILL SERGEANT: Iron Ore Holdings (ASX: IOH) has announced a maiden Probable Ore Reserve estimate of 92.4 million tonnes at 57.6 per cent iron for the initial mining development of Bungaroo South, which will be the main source of ore for the company’s Buckland project in Western Australia. Buckland project – potential infrastructure […]
THE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) has received results from initial exploration activity conducted at the company’s Bluebell project in Arizona. The program has returned wide zones of copper/gold/silver mineralisation which include high grade sections. Initial exploration program returned wide zones of mineralisation including: – 38 metres at 1.2 per cent copper, 0.51 […]
THE BOURSE WHISPERER: Cortona Resources (ASX: CRC) and Unity Mining (ASX: UML) have entered into a binding loan agreement. The agreement will result in Unity loaning up to $1 million to Cortona to accelerate pre-development activities at the Dargues Reef gold project, aimed at delivering cost and time benefits to the development of the project. […]
THE BOURSE WHISPERER: Ironbark Zinc (ASX: IBG) has completed another round of metallurgical testwork for the company’s Citronen base metal project in Greenland. The company said the recent work had yielded exceptional recoveries while producing a high-grade saleable concentrate. The flotation testwork was managed by Ironbark’s in house engineering team and returned 90 per cent […]
THE DRILL SERGEANT: White Cliff Minerals (ASX: WCN) has completed six diamond holes targeting conductive electromagnetic (EM) anomalies within an ultramafic rock sequence at the company’s Lake Johnston project in Western Australia. White Cliff said it had intersected sulphide zones ranging in width from one metre to five metres in five of the six holes, […]
THE DRILL SERGEANT: Gryphon Minerals (ASX: GRY) has received infill and step out RC and DD drilling results from shallow multiple zones at the Stinger Mineralised Corridor, at the company’s Banfora gold project in Burkina Faso, West Africa. The latest drilling results are from Reverse Circulation (RC) and Diamond drilling programs being conducted at Gryphon’s […]
THE DRILL SERGEANT: Cauldron Energy (ASX: CXU) has fast-tracked exploration activities, including drilling, at the company’s Marree project in South Australia. The program follows the recent discovery of a large eight kilometre by 10 kilometre silver-lead-zinc anomaly the company announced in October. “The Board is firmly of the view that the significance of this silver-lead-zinc […]
