OUT AND ABOUT: Opening the RIU Melbourne Resources RoundUp, Victorian Minister for Energy and Resources Michael O’Brien paid homage to the state’s mining history by informing those present of the state Parliament’s decision to establish a Victorian mineral emblem. “It will not shock you to hear that we, as a Parliament, unanimously decided to appoint […]
ONE OFF THE WOOD: Orbis Gold managing director Peter Spiers found time from a busy schedule at the RIU Melbourne Resources RoundUp to speak with The Roadhouse about the company’s West African adventures. The name Orbis Gold (ASX:OBS) is one that is unfamiliar to me. Is that because I haven’t been paying enough attention or […]
THE DRILL SERGEANT: Venturex Resources (ASX:VXR) has reported some positive drilling results from an ongoing exploration program at the company’s Sulphur Springs copper-zinc deposit in the Pilbara region of Western Australia. Sulphur Springs project location. Source: Company announcement The company completed six hole RC drilling program at the main Sulphur Springs deposit targeting […]
THE DRILL SERGEANT: Drilling by KBL Mining (ASX:KBL) has extended the dimensions of a new copper-gold lode directly below the current development level of underground mining operations at the company’s Mineral Hill copper mine in New South Wales. The latest results stem from an ongoing underground diamond drilling program at Mineral Hill, which according to […]
THE BOURSE WHISPERER: MOD Resources (ASX:MOD) has expanded its New Zealand gold footprint by securing the Barrons Flat exploration permit. The Barrons Flat permit directly adjoins the 1.024 million ounce Sams Creek gold project in the Golden Bay region of the South Island. Sams Creek has an existing 1.024 million ounce inferred gold resource (based […]
THE BOURSE WHISPERER: Resource and Investment (ASX: RNI) has reached an agreement with Montezuma Mining Company (ASX:MZM) for an option to acquire control of the Peak Hill gold project, located north of Meekatharra in Western Australia. Peak Hill comprises mining leases and prospecting and exploration licences covering a total of 211 square kilometres, which contain […]
THE DRILL SERGEANT: Castle Minerals Limited (ASX: CDT) is pleased to announce that RAB drilling at its Wa South prospect in north‐west Ghana has confirmed two parallel trending gold zones approximately one kilometre apart. According to the company this represents the first known gold mineralisation in the area. The discovery came about through soil sampling, […]
THE DRILL SERGEANT: Having already extended Lens Nos. 1, 2, 3, and 4, at its 100 per cent-owned Nimbus silver-zinc-gold project, MacPhersons Resources (ASX:MRP) has now announced further successful drilling results. The latest drilling results received by the company have shown both silver oxide and silver sulphide mineralisation continues between the Nimbus Discovery and East […]
THE BOURSE WHISPERER: Eastern Iron (ASX:EFE) has raised $1.26 million via a placement of 22.8 million shares at 5.5 cents per share. The price represents a 28 per cent premium to the average closing price for the week prior to the placement. Eastern Iron said the funds raised by the raising will go towards the […]
THE BOURSE WHISPERER: IMX Resources (ASX:IXR) has announced good metallurgical results from initial flotation test work on samples of disseminated hanging wall mineralisation taken from the Sleeping Giant zone at the company’s Ntaka Hill nickel sulphide project. The project is located west of the port town of Mtwara in Tanzania, and is part of the […]
