The Australian Securities Exchange is seen by many as one of the most transparent markets in the world, a place where everyone is informed at the same time and where investors big and small can trade shares on equal terms. The ASX says of itself and its own standards, “By providing systems, processes and services […]
There has been much speculation and breath holding in anticipation of what may be the next project or destination for Pilbara iron ore producer BC Iron (ASX:BCI). In 2006, led by its indefatigable managing director Mike Young, BC Iron took an iron ore exploration play located in what was in at the time, inaccessible territory, […]
THE DRILL SERGEANT: Cove Resources is about to embark on a drilling campaign focused on the Royal EM anomaly located within the Quartz Circle VMS project, located southeast of Port Hedland in the Pilbara region of Western Australia (Cove 80 per cent interest). The company said it believes the Quartz Circle project contains widespread copper, […]
THE DRILL SERGEANT: Bullabulling Gold has received assay results from a completed program of infill drilling at the company’s Bullabulling gold project in Western Australia. Bullabulling conducted the drilling targeting two areas where it was seeking additional information to finalise open pit designs for a prefeasibility study it currently has underway to evaluate development of […]
THE DRILL SERGEANT: Australian gold producer Tanami Gold has continued its golden exploration run at the company’s 100 per cent-owned Groundrush deposit, which forms part of the Central Tanami project. The ongoing Resource upgrade drilling program defined further wide zones of high-grade mineralisation in multiple holes. Groundrush schematic longsection. Source: Company announcement Recent […]
THE DRILL SERGEANT: Alara Resources has received encouraging assay results from a diamond drill program currently underway at the company’s Washihi copper-gold Joint Venture project in Oman (Alara earning 75 per cent). The company announced results of a hole drilled in the middle of a recently identified magnetic anomaly, which it claims to have confirmed […]
THE DRILL SERGEANT: Kibaran Resources has reported a further big graphite hit at the company’s Mahenge graphite project. Reverse circulation (RC) drilling being conducted on the Ndololo prospect has intersected 168 metres of graphite mineralisation from a single RC drill hole. The drill hole is 250 metres along strike of the hole Kibaran reported […]
THE BOURSE WHISPERER: The Castle Hill gold project of Phoenix Gold has had its resource increased to 21.7 million tonnes at 1.5 grams per tonne gold for 1.06 million ounces of gold. The project is located on the Kunanalling shear zone in the heart of the Western Australian Goldfields less than 50 kilometres from Kalgoorlie. […]
THE BOURSE WHISPERER: A recent Pre-Feasibility Study conducted for Azure Minerals on the company’s Promontorio copper-gold-silver project, located in Chihuahua State, Mexico has returned positive results. According to Azure the study came back demonstrating the robust technical and economic viability of the project, with its current mining inventory of 656,000 tonnes supporting a 150,000 tonnes […]
THE BOURSE WHISPERER: Matilda Zircon is expecting its cash till to ring the bell with USD$13 million in revenue about to hit from the second shipment of high‐value zircon‐rutile Heavy Mineral Concentrate (HMC) from the company’s Lethbridge South mine in the Tiwi Islands. The revenue will be a healthy boost to Matilda’s cash position, which […]
