THE DRILL SERGEANT: West African Resources has completed re-assaying of 15 aircore holes for copper at the 100 per cent‐owned Sartenga prospect, part of the company’s Boulsa project in Burkina Faso. The company made the decision to conduct the analyses after achieving encouraging results from holes SAC0119 and SDH001 it reported to the market in […]
THE DRILL SERGEANT: Horseshoe Metals has continued its run of high-grade copper intersections from an ongoing drilling campaign underway at the company’s 100 per cent-owned Horseshoe Lights copper/gold project, located in the Peak Hill Mineral Field of Western Australia. The company has been drilling at the Horseshoe Lights project since May 2012 employing a […]
THE DRILL SERGEANT: Stonehenge Metals has signed three separate land access agreements to undertake a maiden exploration drilling program across the company’s Daejon project in South Korea. The Daejon project has 225 historical diamond drill holes and outcrops over a six kilometre strike containing, what the company claims to be, the largest known uranium resource […]
As I’ve been at pains to point out, despite all of the doom and gloom pervading the resource sector at present, one thing for sure is that there are a host of supply-side factors that will ensure that commodity price remain robust over the medium to longer-term. Gone are the days of steadily declining commodity […]
Horseshoe Metals managing director Neil Marston called in this week on his way home from the company’s Horseshoe Lights project. Neil, in real estate parlance, your two projects, Horseshoe Lights and Kumarina, are located in a, ‘much sought after neighbourhood’. Was that a deliberate choice? I have actually been involved with the Horseshoe Lights […]
THE DRILL SERGEANT: Sirius Resources has claimed the discovery of a new nickel province after striking nickel and copper sulphide mineralisation in the first reverse circulation (RC) drill holes to be conducted at the company’s 70 per cent-owned Fraser Range project in Western Australia. The company has named the discovery the Nova deposit. The Nova […]
THE BOURSE WHISPERER: The steady rise in the popularity of graphite as the new must-have commodity for mining companies shouldn’t really be any great surprise. One of the main reasons graphite is experiencing a surge in popularity at present is its use in lithium-ion batteries. If you’re not overly familiar with the lithium battery take […]
THE BOURSE WHISPERER: Rubianna Resources has completed Mineral Resource estimates for the Ruby Well project, situated within the company’s 100 per cent-owned Murchison tenements, northeast of Meekatharra, Western Australia. Each of the resources is JORC code-compliant and classified as an Inferred Mineral Resource. The estimates comprise: – Bloodstone prospect: 140,000 tonnes at 2.7 grams per […]
THE BOURSE WHISPERER: Venture Minerals has upgraded its entire Direct Shipping Ore resource base from the JORC inferred category to that of indicated. The company has also received a combined, independent maiden ore reserve of 4 million tonnes of DSO from the Riley and Livingstone hematite deposits in Tasmania. Location map for Mt Lindsay […]
THE BOURSE WHISPERER: Crusader Resources has increased the Measured and Indicated Resources of the company’s Borborema gold project in Brazil. The new estimate of 50.9 million tonnes at 1.14 grams per tonne gold for 1.87 million ounces of contained gold has resulted in a 61 per cent increase from an estimate the company announced in […]
