THE DRILL SERGEANT: White Rock Minerals has received high-grade silver assays from follow‐up drilling at the Mozart prospect, situated on the company’s Mt Carrington gold‐silver project near Drake in northern New South Wales. The Mozart prospect is located adjacent to the existing 730,000 ounces of gold‐equivalent Resource base on the Mt Carrington project. It also […]
THE DRILL SERGEANT: Excelsior Gold has received assay results from sixteen reverse circulation drill holes recently conducted at the Zoroastrian prospect at the company’s 100 per cent-owned Kalgoorlie North project. The company said it considers the new drilling results have potential to expand its current shallow resources of 472,000 tonnes at 1.9 grams per tonne […]
THE BOURSE WHISPERER: During the week Rio Tinto announced it would be committing US$4.2 billion to develop its tier one iron ore business. The investment covers US$3.7 billion for expansion of the mining giant’s Pilbara iron ore operations in Western Australia. Also included in the announced spend-up is US$501 million earmarked for further infrastructure […]
THE BOURSE WHISPERER: Japan has hinted at reopening a couple of nuclear power reactors and we receive a couple of Broker’s notes on uranium plays; Coincident? BLACK RANGE MINERALS We see Black Range Minerals as a quality investment opportunity that offers exposure to the growing domestic uranium demand of the US market. We believe the […]
THE BOURSE WHISPERER: Silver Lake Resources has reached a production milestone with the first 250,000 ounces of gold bullion having been produced from the company’s Mount Monger operations. Ore mined at the Mount Monger operations is processed at the company’s Lakewood gold processing facility, located five kilometres south east of Kalgoorlie in Western Australia. […]
THE DRILL SERGEANT: Alara Resources has received results it claims to have confirmed potential for thick mineralisation at high grade from an ongoing drilling program at the company’s Washihi copper-gold joint venture project in Oman. The company has completed nine diamond core holes of its Phase 1 of resource definition drilling have to date. Highlights […]
THE DRILL SERGEANT: Gold Anomaly has intersected the best copper zone to date with the third hole to be drilled at the Nevera prospect, situated within the company’s Crater Mountain project in Papua New Guinea. According to Gold Anomaly hole NEV033 contained strongly anomalous copper and gold values in the bottom 280 metres of the […]
THE BOURSE WHISPERER: Sundance Resources has increased the high‐grade hematite Resources at the company’s Mbalam project in Central Africa by 49 per cent to 775.4 million tonnes grading 57.2 per cent iron. According to Sundance over 95 per cent of the updated Resource is in the Indicated category, which it claims further underpins the strength […]
THE DRILL SERGEANT: Global Metals Exploration has released assay from a third phase of a geochemical auger sampling program it conducted during April and May 2012 on tenements situated within the company’s Jutson Rocks project in the Eastern Goldfields district of Western Australia. Location map of the Jutson Rocks project in Western Australia. Source: […]
THE DRILLSERGEANT: Tin exploration and development play Consolidated Tin Mines has received assay results from the first 2012 drill program on the Pinnacles deposit at the company’s Mt Garnet tin project near Cairns in northern Queensland. This drill program consisted of a total 54 holes drilled at the Pinnacles deposit with the aim of testing […]
