THE BOURSE WHISPERER: Aeon Metals (ASX: AQR) has executed an Exploration and Earn-In Joint Venture Agreement with Rio Tinto Exploration (RTX) for the exploration and evaluation of Aeon’s 100 per cent-owned tenement EPM 17060 in Queensland. Source: Company announcement The key terms of the deal are as follows: Phase 1 (12 months) – […]
The opportunity to develop a neglected yet potentially exceptional copper-gold-silver project has momentarily shifted the focus of Perth-based Australian-American Mining Corporation. AusAmerican was founded in 2006 on a suite of advanced United States uranium projects in New Mexico and Nevada. AusAmerican United States project portfolio It’s no secret the world uranium market has been under […]
THE DRILL SERGEANT: Bulletin Resources (ASX: BNR) has recommenced drilling at the company’s Lamboo project near Halls Creek in Western Australia. Drilling will be carried out to expand the resource extending below the Nicolson’s Find and Nicolson’s South open pits lateral to the company’s planned underground development for the project. Long projection of Nicolson’s […]
THE DRILL SERGEANT: Beadell Resources (ASX: BDR) has announced a preliminary open pit resource for the Duckhead deposit at Tucano in Brazil. The company claimed the new resource defines Duckhead as one of the highest grade and lowest cost open pittable gold deposits in the world. The new Duckhead JORC resource totals 94,000 tonnes at […]
THE DRILL SERGEANT: South America-focused fertiliser development company Aguia Resources (ASX: AGR) has received more encouraging drilling results from the company’s Três Estradas phosphate project located in the state of Rio Grande do Sul in southern Brazil. Following up its announcement to the ASX last week Aguia has received assays from an additional 15 RC […]
THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has received assay results from an ongoing drilling program being conducted as part of copper exploration activities at the company’s Yeneena project in the Paterson Province of Western Australia. Encounter recently commenced a 5000m, seven line aircore drill program to test a southern 2.4 kilometre extension of the […]
THE BOURSE WHISPERER: Laconia Resources (ASX: LCR) has signed a Binding Term Sheet to enter into an option agreement to acquire an 80 per cent interest in 5,622 hectares covering 11 exploration licences adjacent to the company’s Rasuhuilca project located in the Andean volcanic arc of southern Peru. Laconia described the new licences as being […]
THE BOURSE WHISPERER: Metallica Minerals’ (ASX: MLM) European strategic alliance partner KBM Affilips has used scandium from Metallica’s SCONI pilot plant to manufacture an ingot of aluminum/scandium master alloy. KBM Affilips is a marketing and sales organisation for a wide range of specialised master alloys manufactured by its production companies KBM Master Alloys in The […]
THE DRILL SERGEANT: International Goldfields (ASX: IGS) has received assay results of one-metre re-sampling of reported mineralised zones in an additional eighteen RC holes for the recently completed RC drilling program at the Ana prospect located within the Latin gold project in Mato Grosso, Brazil. Latin gold project tenement map, prospect locations, and regional […]
THE BOURSE WHISPERER: Millennium Minerals (ASX: MOY) has commenced full production at the company’s Nullagine gold mine in the East Pilbara District of Western Australia. Nullagine deposit location plan. Source: Company announcement The company said operations at the mine during October had demonstrated the plant was operating to its design specification. Millennium’s production […]
