THE BOURSE WHISPERER: Cleveland Mining has its sights set on building a 5 million tonne per annum iron ore operation in northern Brazil. The company’s ambitions arise from the recent signing of an Option Agreement over the Ferradura iron ore project. Cleveland had a review of existing drilling information conducted by mining consulting group SRK, […]
Blackham Resources managing director Bryan Dixon called into The Roadhouse this week on his way home from the company’s historic Matilda gold project. The Matilda project has been a constant source of good news since Blackham acquired it in November last year hasn’t it? It’s still early doors on the Matilda project as we are […]
The Silver Lake Resources (ASX:SLR) story appears simple at face value. Silver Lake Resources is an ASX 200 gold producer and explorer with a current resource base of 3.6 million ounces of gold located in renowned prospective regions including the Mount Monger goldfield and the Murchison of Western Australia. Silver Lake’s current main focus is […]
THE DRILL SERGEANT: Corazon Mining has received assay results from exploration drilling at the EL Deposit within the company’s Lynn Lake project in Canada. The results stem from a hole the company announced in April that had intersected sulphide mineralisation and have returned: – 51 metres at 0.8 per cent nickel, 0.5 per cent copper […]
THE DRILL SERGEANT: Northern Star Resources has given the market a heads-up in regards to a possible increase in margins and mine life at its Paulsens gold mine in Western Australia. The announcement came on the back of drilling at the main Voyager 1 lode, which returned results that indicated the extension zone in the […]
THE DRILL SERGEANT: Globe Metals & Mining has intersected encouraging widths of rare earth and fluorite mineralisation from a drilling program currently underway at the company’s Mount Muambe rare earth elements (REE) – fluorite project in Mozambique. Globe completed 2,221m of RC drilling at the Mount Muambe REE – fluorite project in March. Exploration […]
THE DRILL SERGEANT: Taruga Gold has released results from the first 14 holes completed at the Borobon prospect of a recently completed reverse circulation (RC) drilling program at the company’s Kossa project in Niger, West Africa. The maiden RC drilling campaign consisted of 72 drill holes and targeted gold mineralisation at the Borobon, Kossa, Kole […]
THE BIG STORY: Following the passage of the Minerals Resource Rent Tax in the Senate, various Superannuation Bills will also be introduced. RBS Morgans private client adviser Andrea Morgan takes a closer look at three of the changes to be made. This will affect you in some way, shape or form, so having knowledge […]
THE DRILL SERGEANT: Crusader Resources has completed a round of Resource infill drilling at the company’s 100 per cent-owned Borborema gold project in Brazil. The company said it has an updated Mineral Resource estimate on track for the September quarter as a pre-cursor to the completion of a Bankable Feasibility Study (BFS) later this year. […]
THE DRILL SERGEANT: Pioneer Resources has pumped up its coffers following the completion of the sale of the Western Mt Jewell project to Carrick Gold. The company has received the first instalment of $4.5 million, which means it now has cash reserves exceeding $7 million and no debt. Pioneer’s bank balance will benefit from an […]
