THE BOURSE WHISPERER: Australian Bauxite is expanding the focus of a prefeasibility study (PFS) on the company’s Goulburn bauxite project located near Goulburn in New South Wales. Goulburn bauxite project area. Source: Company announcement The company has commissioned Como Engineers and other metallurgical and environmental engineering firms to prepare the study, of which […]
THE BOURSE WHISPERER: Apollo Minerals a Memorandum of Understanding (MOU) with Flinders Ports to investigate optimal port export services for up to 2.5 million tonnes per annum of iron ore exports from the company’s Commonwealth Hill iron project (CHIP), situated in the Gawler Craton of South Australia. Source: Company announcement The company said it […]
THE BOURSE WHISPERER: Perth-based Firestrike Resources has completed negotiations with private Colorado-based company Escalante Star LLC to establish an incorporated joint venture. The newly-formed JV has been established to explore and develop the Elephant Canyon gold and base metals project, located in Elephant Canyon, Utah. Source: Company announcement Firestrike said it is moving ahead […]
THE BOURSE WHISPERER: Goodrich Resources has expanded its project portfolio following the acquisition of a 52 per cent interest in unlisted exploration play Zodiac Resources. Goodrich said the acquisition complements its already substantial exploration ground in central New South Wales and presents the company synergies to ongoing exploration and potential development activities. The acquisition brings […]
THE BOURSE WHISPERER: Dual-listed (ASX and AIM) specialty mineral exploration and development company Wolf Minerals has received subscriptions for 18.5 million shares to raise $5 million. The shares have been picked up by two of the company’s major shareholders in Resource Capital Fund V and Traxys Projects LP, which have subscribed for 16.7 million ordinary […]
THE DRILL SERGEANT: Perth-based iron ore-focused explorer Nemex Resources has reported further drill results from an ongoing 150 to 300 hole program being conducted on the Télimélé iron licence, situated within the company’s Coastal project in west Guinea. Regional location of Nemex’s Coastal iron project (red outlines), including the Télimélé licence area and new […]
THE DRILL SERGEANT: Bulletin Resources has completed a round of infill RC drilling within the northern portion of the planned Wagtail North open pit, situated within the company’s Lamboo gold project in the Kimberley Region of Western Australia. The company said the results from the drilling suggest the Inferred resource mineralisation to be more extensive […]
THE DRILL SERGEANT: Gascoyne Resources has continued its successful run of infill drilling results from the Apollo and Icon deposits at the company’s 100 per cent-owned Glenburgh gold project in Western Australia. The Glenburgh project has a JORC-compliant resource of over 700,000 ounces of gold. Glenburgh project deposit overview and recent drill intersections. Source: […]
THE DRILL SERGEANT: Phoenix Gold has received the results of a recently-completed mining study of the company’s 95 per cent-owned Blue Funnel gold project in the Eastern Goldfields region of Western Australia. The Blue Funnel project has a current Resource of 453,000 tonnes at 2.91 grams per tonne gold 42,480 ounces comprising 28,032 ounces (280kt […]
THE DRILL SERGEANT: Malagasy Minerals’ Joint Venture partner and operator in the Madagascar graphite project, TSX-listed Energizer Resources has reported drilling results from the project’s Molo prospect. Energizer announced the Toronto market it had received the remaining phase of results from drilling conducted in November 2011 at Molo. The graphite trends identified to date […]
