THE BOURSE WHISPERER: Talga Gold (ASX:TLG) has updated the Resource estimate for the company’s 100 per cent-owned Masugnsbyn iron project in northern Sweden. The new JORC-compliant Mineral Resource estimate for the Masugnsbyn iron project stands at 87.2 million tonnes at 29.9 per cent iron as magnetite (Femag) using a cut-off grade of 20 per cent […]
THE BOURSE WHISPERER: Helix Resources (ASX:HLX) has entered into a Memorandum of Understanding with Mitsubishi Materials Corporation covering the Joshua copper project, located in Region IV Chile. Project location map. Source: Company announcement The MoU outlines the funding by Mitsubishi of $4.5 million to fund exploration activities to advance the Joshua project over […]
THE BOURSE WHISPERER: Blackthorn Resources (ASX:BTR) has received some good news regarding exploration tenure covering the company’s 100 per cent-owned Mumbwa project in Zambia. The Mumbwa project hosts the 187 million tonnes at 1.14 per cent copper Kitumba deposit. The Mumbwa licence, which is currently held on trust for the company’s wholly-owned subsidiary Blackthorn Resources […]
THE BOURSE WHISPERER: Ramelius Resources (ASX:RMS) has made the decision to go ahead with the development of the company’s Western Queen South gold project in Western Australia. The Western Queen South open pit gold deposit is located approximately 90 kilometres northwest of Ramelius’ producing Mt Magnet mine. The company said the development of the Western […]
THE BOURSE WHISPERER: Pioneer Resources (ASX:PIO) has reached an agreement with private exploration play, National Minerals to acquire a 75 per cent interest in the Fairwater project, located in the Albany-Fraser mineral province of Western Australia. The acquisition delivers a 75 per cent interest on all commodities within the 338 square kilometre Fairwater project to […]
Resources sector intelligence provider IntierraRMG has outlined the approval by Xstrata independent directors of the revised US$33 billion takeover bid from Glencore last week, to not only create the formation of the world’s third-largest mining business in terms of market capitalisation, it will also result in the creation of an entity that will hold an […]
THE DRILL SERGEANT: Scotgold Resources (ASX:SGZ / AIM:SGZ) has received the results from a recently completed drilling program at the company’s Cononish gold and silver project in the Grampian region of Central Scotland. Scotgold conducted the drilling with the aim of converting inferred resources to the indicated category in the part of the resource that […]
THE BOURSE WHISPERER: Golden Rim Resources (ASX:GMR) has finalised an agreement to acquire an additional gold exploration permit at the company’s Sebba project in Burkina Faso. The new Damkoko permit covers an area of 121.5 square kilometres and is located immediately south of the Nasoulou permit. The acquisition has taken the entire area of the […]
THE BOURSE WHISPERER: Strickland Resources (ASX:STK) has reported the recent efforts of Orinoco Resources, which has achieved high‐grade gold results at the Curral de Pedra gold project in central Brazil. Orinoco claims the results have confirmed and extended mineralisation previously identified at the project. Strickland is excited by the results as it has an agreement […]
THE DRILL SERGEANT: Dual-listed Tiger Resources (ASX:TGS, TSX:TGS) has released high-grade results from a diamond drilling program conducted at Kipoi North, a deposit situated within the boundaries of the company’s Kipoi copper project in the Democratic Republic of Congo. Tiger said it would use the results to upgrade Kipoi North’s existing JORC-standard Inferred Mineral Resource […]
