THE DRILL SERGEANT: Cuesta Coal has reported completion of its resource expansion drilling program at the company’s 100 per cent-owned Amberley project located in the Clarence-Moreton Basin in Queensland. Fourteen open holes and three cored holes were completed for 2,040 metres of drilling. All holes have been geophysically logged, surveyed and rehabilitation work is underway. […]
THE BOURSE WHISPERER: Goldphyre Resources has advised the Australian Securities Commission that RC and AC drilling is to commence next week on the Axford prospect at the Lake Wells project, 160 kilometres north-north east of Laverton, Western Australia. The combined drilling program proposed is 76 holes for 3,200 metres. Lake Wells-Yamarna Region showing Goldphyre […]
THE BOURSE WHISPERER: Gold-focused exploration and mining company Octagonal Resources has announced it has received regulatory approval to mine a 200,000 tonne open pit on the Black Reef at Wehla in Central Victoria, with mining activities commencing during July and the first gold production expected during September. Octagonal’s projects are located in the under-explored […]
THE DRILL SERGEANT: Gold and base metals exploration company Navarre Minerals has reported multiple zones of high-grade gold mineralisation between 20.1m and 49.2m down-hole in diamond drill hole DDT001 at the Tandarra prospect, part of the Bendigo North Project, located 40 kilometres north of Bendigo, Victoria, Australia. Initial results from DDT001 recorded the following […]
THE BOURSE WHISPERER; Diversified exploration company Cove Resources has announced the execution of a definitive agreement to acquire the advanced-stage Koivu Titanium project in Finland. The agreements are with Swedish public company Endomines AB for a total consideration of €9 million (~A$11.2 million) plus a two per cent net smelter royalty. Cove’s Due Diligence Study […]
THE BOURSE WHISPERER; In a release to the ASX today, the Board of Sovereign Gold has advised that it has entered into a binding Takeover Bid Implementation Agreement (TBIA) with Precious Metal Resources (PMR). Subject to the terms of the TBIA, Sovereign Gold proposes to acquire all PMR ordinary shares not currently held by Sovereign […]
THE DRILL SERGEANT: Black Fire Minerals has announced an encouraging maiden JORC resource estimate for the Desert Scheelite Deposit at the Pilot Mountain tungsten – copper project in Nevada. The results include 6.79 million tonnes at 0.31 per cent tungsten trioxide (WO3), 22.8 grams per tonne silver and 0.17 per cent copper reported at a […]
THE BOURSE WHISPERER: Invictus Gold has announced that the company has acquired an option to purchase 100 per cent of the Himmetdede South project located 50 kilometres north of the city of Kayseri in the emerging mineral province of Central Anatolia, Turkey. The project is south west of, and adjacent to, the Himmetdede gold deposit […]
THE BOURSE WHISPERER: Southern Gold announced today that it has finalised an earn‐in and shareholders’ agreement with Mekong Minerals whereby Mekong will have exclusive right to earn an interest in Southern Gold subsidiary, Southern Gold Asia (SG Asia), and to manage the activities of SG Asia and its wholly owned subsidiary, Southern Gold Cambodia (SG […]
THE BOURSE WHISPERER: Minerals exploration company Helix Resources has announced the purchase of the Blanco Y Negro Mine and surrounding mining leases in Region IV, Chile. Blanco Y Negro is hosted in a regionally significant shear situated 21 kilometres north east of Glencore’s Punitaqui operations and 10 kilometres south west of a large service town, […]
