THE BOURSE WHISPERER: AusNiCo (ASX:ANW) Has had its tenement application granted for ERA 882 in western Tasmania near Heazlewood River. The company said the Heazlewood River project is prospective for nickel sulphides, gold, copper, lead and platinum‐group elements. The tenement area is located about 25 kilometres west of Waratah and the Mt Bischoff Tin deposit. […]
Millennium Minerals (ASX:MOY) has completed its maiden gold pour from the Nullagine gold mine in the East Pilbara District of Western Australia. The Nullagine gold project is a 1.33 million ounce gold resource contained within seven deposits on granted mining leases. The largest deposit is Golden Eagle located south of the township of Nullagine and […]
THE DRILL SERGEANT: Recent drilling conducted by Lamboo Resources (ASX:LMB) has extended the flake graphite schist horizon at the company’s 100 per cent-owned McIntosh graphite project north of Halls Creek in the East Kimberley region of Western Australia. The company has now completed 30 RC drill holes at target 2, which it said has confirmed […]
THE BOURSE WHISPERER: Musgrave Minerals (ASX:MGV) has entered into a Heads of Agreement (HOA) with Menninnie Metals, a wholly owned subsidiary of Terramin Australia (ASX:TZN) to earn up to a 75 per cent interest in the Menninnie Dam silver-lead-zinc project in South Australia. The Menninnie Dam project comprises a group of five Exploration Licences covering […]
THE BOURSE WHISPERER: Metallica Minerals (ASX:MLM) has entered into a binding Heads of Agreement (HOA) with Bloom Energy for the sale of scandium oxide from the company’s wholly-owned SCONI Tri-Metals project inland of Townsville in North Queensland. Metallica said it would be working with Bloom Energy to ensure the SCONI project is designed and developed […]
THE DRILL SERGEANT: Navarre Minerals (ASX:NML) has commenced a 2012/2013 drilling program at the company’s Tandarra gold prospect, located km north of Bendigo in Victoria. Navarre has kicked of the program of air-core and diamond drilling at Tandarra with the aim of delineating the near surface extent of gold mineralisation within a four kilometre corridor […]
THE DRILL SERGEANT: Sirius Resources (ASX:SIR) has received further assay results for nickel, copper and cobalt from two recent drill holes at the company’s Nova nickel-copper deposit. The company said the results confirm the presence of exceptional widths and strong grades of mineralisation at Nova. Preliminary (nickel, copper and cobalt only) results include: Hole […]
THE DRILL SERGEANT: Northern Star Resources (ASX:NST) said its forecasts of for significant increases in cashflow and production next year remain on track. “We are delivering on all our key forecasts and in some cases, such as the mine and plant expansion, we are beating our targets,” Northern Star Resources managing director Bill Beament said […]
THE BOURSE WHISPERER: Alcyone Resources (ASX:AYN) has reported a 30 per cent increase in the Ore Reserve estimate for the Twin Hills deposit at the company’s Texas silver and polymetallic project in southeast Queensland. The company also announced positive results of a Scoping Study conducted on the nearby Mt Gunyan deposit. Alcoyne said the combined […]
OUT AND ABOUT: China’s appetite for iron ore may have waned recently, however the new items on the Dragon’s menu look like being bauxite, copper, and zinc. Everyone knows China has a huge appetite for commodities, that part of any resources-related story is not new. However, its tastes appear to be changing and the magnitude […]
