The mining boom in this country has been going for over a decade, with data from the RBA highlighting that investment in this one sector has grown from two per cent to 10 per cent of Gross Domestic Product (GDP) since the turn of the century. Speaking at the Broken Hill Resources and Energy Symposium […]
THE DRILL SERGEANT: In an update released to the ASX today, Perth-based exploration company Laconia Resources announced it had commenced exploration activities at its recently acquired 100 per cent-owned Rasuhuilca gold-silver project in Peru. An underground check sampling program was successfully completed on existing development levels at the Rasuhuilca project. The results included: 12.5 metres […]
THE BOURSE WHISPERER: Australian coal seam gas exploration company Red Sky Energy has announced a major transaction with ERM Gas to develop its highly prospective on-shore gas projects in the Clarence Moreton Basin in north east New South Wales. Under the agreement, ERM Gas, a wholly owned subsidiary of ASX-listed ERM Power, will invest up […]
THE DRILL SERGEANT: Gryphon Minerals has announced follow up drilling results from the exciting new Stinger Target located only 10 kilometres to the East of the Nogbele Gold Deposit and planned gold processing plant, at the Company’s flagship Banfora Gold Project in Burkina Faso, West Africa. The Banfora Project, located in the South-West of Burkina […]
THE BOURSE WHISPERER: Stratos Resources has executed an option agreement with Interglobal Investments to purchase up to 100 per cent of the Darlot North Gold Project, located 60km east of the township of Leinster in Western Australia. The Darlot North project is located on the Yandal Greenstone Belt, just 7 kilometres north of the […]
THE BOURSE WHISPERER: New South Wales-based gold explorer, Commissioners Gold, is making its first international expansion of its mineral exploration activities – into Peru’s resources rich provinces. Commissioners Gold announced today that it had signed a joint venture agreement with Lima–based unlisted resource junior Australia Gold Corporation (AGC) to establish a 50:50 project acquisition joint […]
THE BOURSE WHISPERER: Blackthorn Resources has announced a major JORC Resource upgrade at its 100 per cent-owned Mumbwa Copper-Gold Project in Zambia. Blackthorn has confirmed an updated Mineral Resource of 187 million tonnes at 1.14 per cent Copper for 2.132 million tonnes of contained Copper, at the Kitumba deposit at the Mumbwa Project. This represents […]
The Roadhouse caught up with Potash West managing director Pat McManus at the recent Gold Coast Resources Showcase to get an update on the company’s potassium-rich glauconite deposit, the Dandaragan Trough situated in the Perth Basin of Western Australia. Hi Pat, we last spoke in November last year, which was pretty early on in the […]
THE BOURSE WHISPERER: Rox Resources has extended its Option to acquire the Mt Fisher gold mine and associated tenements at the Mt Fisher gold project, located 220 kilometres north of Leonora in Western Australia for a further year to 30 June 2013. Mt Fisher project location. Source: Company announcement The company’s decision comes […]
THE DRILL SERGEANT: Renaissance Minerals has received results from the first three drill holes from an inaugural diamond drilling program being carried out at the company’s Okvau gold deposit in Cambodia. Renaissance has previously announced an independent JORC-compliant indicated and inferred resource estimate for the Okvau deposit of 12.6 million tonnes at 1.8 grams per […]
