THE DRILL SERGEANT: Iron ore explorer Nemex Resources (ASX:NXR) has reported infill results it has received from 71 drill holes carried out at the Boulere prospect, part of the company’s Télimélé project in Guinea, West Africa. Highlights of the recent campaign include: – 3 metres at 54.8 per cent iron (59.6 per cent calcined iron) […]
THE DRILL SERGEANT: International Goldfields (ASX:IGS) has completed an RC drilling program on the Ana prospect, located within the Latin gold project (IGS 93 per cent) in Mato Grosso, Brazil. The company has received results for an additional 12 RC holes, which it said has confirmed gold mineralisation for 1,000 metres. Ana prospect: drill […]
THE BOURSE WHISPERER: Globe Metals and Mining (ASX:GBE) has acquired 100 per cent of the Chiziro graphite project in Malawi. The company has received the official notification of transfer from the Malawian Minister of Natural Resources, Energy and Environment. Following the transfer of the exploration licence to Globe, the company will now pay the agreed […]
THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has received the results of drilling recently completed at the company’s 100 per cent-owned Mt Magnet gold mine, located in the Murchison Province of Western Australia. The company said the new results have confirmed and enhanced results it had previously received from the project, with significant width and […]
THE BOURSE WHISPERER: Sheffield Resources (ASX:SFX) has completed a review of historic exploration undertaken at the company’s Red Bull project. Red Bull is located within 20 kilometres of Sirius Resources (ASX:SIR) recent Nova nickel-copper discovery in the newly-identified Fraser Range nickel province in Western Australia. Location of Sheffield Resource’s Red Bull project. Source: Company […]
THE BOURSE WHISPERER: Polymetals Mining (ASX:PLY) has entered into an agreement to acquire 100 per cent of the shares in Lansdowne Resources. But wait, there’s more – the deal also comes with the associated rights to earn into a 75 per cent share of the Turner River gold and base metals Joint Venture and the […]
THE BOURSE WHISPERER: Exploration work being conducted by Desert Mines and Metals (ASX:DSN) is targeting massive nickel-copper sulphide deposits in the north-western Yilgarn Craton of Central Western Australia. The company is working on the Camel Hills Joint Venture tenements (Aurora Minerals ASX:ARM 40 per cent). The tenements include two previously known but undrilled intrusives, where […]
THE DRILL SERGEANT: Diamond drilling being carried out by Peel Mining (ASX: PEX) at the company’s Mallee Bull copper-polymetallic discovery has returned further copper-polymetallic sulphide intercepts, which the company said confirms the strike continuation of deeper mineralisation. The latest drilling results follow a previously identified cumulative intercept (hole MBDD002) of 72 metres at 2.11 per […]
THE BOURSE WHISPERER: Balamara Resources (ASX:BMB) has acquired a second advanced zinc-silver project in the Balkans region close to its existing Montenegro project (Monty). The new acquisition is the Varesh project, which is located in Bosnia-Herzegovina just north of the capital city Sarajevo, and close to existing infrastructure. The company said the Varesh project fits […]
With several uranium projects across two resource rich countries, upcoming exploration campaigns across its major projects, an experienced board and management team and an expected uptick in the uranium market on the back of growing demand, Australian-based explorer Cauldron Energy (ASX:CXU) is certainly not sitting idle. The Perth-based pure uranium explorer, which was formed following […]
