THE DRILL SERGEANT: Kentor Gold has intersected high-grade gold during RC drilling being conducted at the NOA 7&8 pits at the company’s Murchison gold project in Western Australia. Drilling intercepts at NOA 7&8 include: – 8 metres at 9.9 grams per tonne gold from 176 metres, including 1 metre at 40.8 grams per tonne gold; […]
THE BOURSE WHISPERER: Golden Rim Resources has gathered high-grade gold results from two new artisanal mining sites that have been identified within the company’s Sepola project in western Mali. Golden Rim collected a total of 40 rock samples from the artisanal sites, which returned values greater than 0.5 grams per tonne gold. One of […]
THE BOURSE WHISPERER: Perth-based emerging anthracite producer ZYL Limited has executed a binding Heads of Agreement for the acquisition of 100 per cent of York Energy. The acquisition will entail a total consideration of $12 million worth of ZYL shares, less outstanding liabilities, the shares will be issued at approximately 18 cents per share. […]
OUT AND ABOUT: When Justin Di Lollo, managing director of government relations and lobbying firm Hawker Britton, approached the microphone at the Broken Hill Resources and Energy Symposium this week one could almost smell the cauldron of oil bubbling away in the foyer and hear the chickens being denuded back stage. The stage had been […]
ONE OFF THE WOOD: The Roadhouse was in Broken Hill for the Resources and Energy Symposium recently and caught up with Chris Torrey managing director of local company Silver City Minerals to find out how it was working to reawaken the region’s mining potential. Chris, Silver City has put together a package of tenements […]
THE DRILL SERGEANT: Exterra Resources has received further high-grade assay results from the third and fourth holes of an eight hole program of diamond drilling the company is conducting at the Second Fortune mine, situated within its Linden gold project in Western Australia. All of the first four holes completed contained visible gold, and the […]
THE BOURSE WHISPERER: BC Iron has announced that the Nullagine Iron Ore Joint Venture (NJV) has achieved its sustained target production rate of 5 million tonnes per annum (Mtpa) of iron ore produced and exported. The NJV, located in the Pilbara region of Western Australia, is a 50:50 unincorporated joint venture project between BC Iron […]
THE BOURSE WHISPERER: Blackthorn Resources has updated the Mineral Resources estimate at the Perkoa Joint Venture project. The Perkoa project is a joint venture with Glencore International (50.1 per cent), Blackthorn Resources (39.9 per cent) and the Burkina Faso Government (10 per cent free carried). The project is located 120 kilometres west from the country’s […]
THE BOURSE WHISPERER: Hemisphere Resources has acquired a 1,128 square kilometre contiguous exploration tenement in the Kagera region of North-Western Tanzania, East Africa. The Katomatoma tenement area is located in North-Western Tanzania, approximately 20 kilometres west of Lake Victoria and extends westwards to within 30km East of the Rwandan border. Location of the Katomatoma […]
THE DRILL SERGEANT: Olympus Pacific Minerals has received encouraging results from drilling being conducted at the Jugan Sector of the company’s Bau Central property in Sarawak, East Malaysia. Source: Company announcement Highlights of the drilling program include: – 61.10 metres at 2.40 grams per tonne gold, including 2.00 metres at 5.93 grams per tonne gold, […]
