THE DRILL SERGEANT: Talga Gold has received analytical results from a program of historic assay verification and resampling it had carried out on selected historic drill cores for graphite. The historic drill cores used in the program were drilled at five of Talga’s 100 per cent-owned Swedish graphite projects either by the Swedish Geological Survey […]
THE DRILL SERGEANT: Bassari Resources has encountered high-grade gold intercepts from a resource drilling program currently underway at the company’s Makabingui gold project in Senegal, West Africa. Bassari is conducting the drill program with its focus on growing Resources at Makabingui to over one million ounces by year’s end. The current resource drilling program has […]
THE DRILL SERGEANT: Mutiny Gold has updated the JORC-compliant Resource for the company’s Deflector gold-copper deposit in Western Australia. Using a 0.5 grams per tonne gold cut-off grade, Mutiny announced the August 2012 Deflector resource model represents an increase of 61,000 ounces of gold, and a 26 per cent increase of average gold grades when […]
THE BOURSE WHISPERER: Octagonal Resources has entered into an agreement with Unity Mining to re-process tailings from Unity’s Kangaroo Flat gold mine near Bendigo at Octagonal’s Porcupine Flat gold processing plant at Maldon in Central Victoria. Octagonal has agreed to remove, and re-process all of the flotation concentrate tailings from the Kangaroo Flat gold mine […]
THE DRILL SERGEANT: Exco Resources has received results of recently completed infill diamond and extensional Reverse Circulation (RC) drilling programs at the company’s wholly-owned Kangaroo Rat deposit, located within the Elder Creek project area. Exco said it believes high-grade ore from the Kangaroo Rat deposit may be economically extracted by conventional open pit mining techniques […]
THE BOURSE WHISPERER: Emerging West Africa-focused company Volta Mining has been granted, the Mbombo iron ore project, through its 80 per cent-owned Gabonese subsidiary, Volta Iron SA. The project consists of two exploration licences located in Gabon, West Africa. The company said the exclusive licences are prospective for iron ore and cover a total area […]
THE BOURSE WHISPERER: Foyson Resources has signed a Heads of Agreement (HOA) to enter into a strategic relationship with TSX-listed company TVI Pacific to explore and develop Foyson’s mineral projects in Papua New Guinea. TVI Pacific is a Canada-based company focused on the production, development, exploration and acquisition of resource projects in the Philippines. “The […]
THE BOURSE WHISPERER: Pilbara iron ore producer BC Iron has entered into an Iron Ore Strategic Alliance with Brazil-focused iron ore development company Cleveland Mining Company. Under the terms of the Alliance, BC Iron will take a five per cent equity stake in Cleveland at 64 cents a share, spending approximately $6 million. As part […]
THE DRILL SERGEANT: Renaissance Minerals has received the latest results from an ongoing diamond drilling program being conducted at and around the company’s Okvau gold deposit in Cambodia. The company completed a small reconnaissance program of five shallow diamond drill holes to test anomalous gold in soils extending for over 500 metres to the immediate […]
THE BOURSE WHISPERER: Core Exploration has identified copper mineralisation in surface outcrop near new magnetic targets identified within the company’s 100 per cent-owned Fitton project, located north of the Beverley uranium mine in northern South Australia. Core had conducted the recent phase of mapping and surface sampling at Fitton to check for any expressions of […]
