THE DRILL SERGEANT: Kidman Resources has received its first assay results from drilling being conducted at the company’s modestly-named Home of Bullion project located at Barrow Creek in the Northern Territory. The company has received the results for the first 3 drillholes, of a 24 drillhole RC program, testing the Main lode at the project. […]
THE DRILL SERGEANT: Tiger Resources has received more encouraging results from a diamond drilling program conducted at the Kileba deposit, situated within the company’s Kipoi copper project mining licence area in the Democratic Republic of Congo. Tiger said it will be using the results to upgrade the existing JORC-standard Inferred mineral resource at Kileba of […]
THE DRILL SERGEANT: Peak Resources has received results from drilling carried out at the company’s 100 per cent-owned Ngualla rare earth project in Tanzania. The drilling encountered new high-grade mineralised intersections from surface, which Peak said has confirmed exceptional grades exist at the project it claims to be the fifth largest rare earth project in […]
THE BOURSE WHISPERER: Gindalbie Metals has dispatched the first train-load of iron ore from the company’s Karara iron ore project in Western Australia’s Midwest region. The event is an important one for Gindalbie as it represents the first time the Karara project’s integrated mine and rail logistics chain has been used. The shipment follows the […]
THE BOURSE WHISPERER: Base metals explorer Mithril Resources has earned an 80 per cent interest in the Illogwa IOCG Target Area tenements under the Sammy Joint Venture by completing expenditure of $2 million. Illogwa is situated on Mithril’s Huckitta project, which is located east of Alice Springs in the Northern Territory. Project location plan. […]
THE BOURSE WHISPERER: PanAust Limited has acquired the balance of the tenements, which it did not already own, over the Carmen copper‐gold deposit in Chile. The total acquisition cost for Carmen was US$14 million in two tranches following PanAust having acquired the first tranche of tenements in 2010 for US$6 million. The now 100 per […]
THE BOURSE WHISPERER: Perseus Mining has updated the Ore Reserves estimate for the company’s Edikan gold mine in Ghana, West Africa. The company has had new pit designs completed for the Abnabna-Fobinso, Esuajah North, Esuajah South and Fetish deposits at Edikan. Edikan gold mining leases and deposits. Source: Company announcement Ore Reserves for […]
THE BOURSE WHISPERER: Kentor Gold can now add ‘Australian Gold Producer’ to its resume following the pouring of the first gold doré bar from the company’s Murchison gold project in Western Australia. The first gold doré bar weighed 1.13 kilograms (36.3 ounces) and has been estimated to be approximately 90 per cent gold. “This is […]
THE BOURSE WHISPERER: Clancy Exploration has entered into a joint venture with Mitsubishi Materials Corporation of Japan on three copper-gold projects in New South Wales. Under the terms of the agreement, Mitsubishi has the right to earn 49 per cent of the Cundumbul, Currumburrama and Genaren projects by funding $3 million over three years with […]
THE BOURSE WHISPERER: Altura Mining has received an increase to the Ore Reserve estimates for the company’s Mt Webber Joint Venture Direct Shipping Ore project located in the Pilbara region of Western Australia. The new revised Ore Reserve estimate stands at 29.7 million tonnes of DSO at 57.3 per cent iron and replaces the previous […]
