THE DRILL SERGEANT: Exterra Resources has received results from drilling undertaken at the company’s Zelica gold project. Best results from the drilling include: – 7 metres at 4.90 grams per tonne gold from 26 metres; – 4m at 5.35 g/t gold from 11m; – 5m at 2.95 g/t gold from 37m; and – 5m at […]
THE BOURSE WHISPERER: ASX and AIM-listed specialty metal exploration and development company Wolf Minerals has received formal United Kingdom Government support for the development of its Hemerdon Tungsten and Tin project in Devon, in Southwest England. Location of the Hemerdon project. Source: Company The support came directly from the UK Minister of State for […]
THE DRILL SERGEANT: Golden Rim Resources has struck high-grade gold intersections from the third program of reverse circulation drilling carried out on its Balogo project in Burkina Faso. The Phase 3 program comprises 30,000 metres of drilling with 61 holes completed so far for an aggregate of 7,658m. Golden Rim has received assays for the […]
THE DRILL SERGEANT: Scandinavian Resources has informed the market of a JORC compliant Exploration Target update for the Altavaara prospect, which is part of the company’s Kiruna iron project located 1,300 kilometres north of Stockholm in Sweden. Altavaara is one of a number of iron prospects within Kiruna Iron AB’s expanding Kiruna Hub. Source: […]
THE DRILL SERGEANT: Excelsior Gold has received assay results from a drilling campaigned it completed in December 2011 which focused on resource areas in the central portion of the company’s 100 per cent-owned Kalgoorlie North project. A conceptual mine scoping study centred on the Excelsior Deposit conducted in September 2011 indicated the potential for large […]
THE BOURSE WHISPERER: Mutiny Gold has received confirmation from Cobra Mining that the latter intends to begin gold production at the White Well project in Western Australia in the second half of this year. Mutiny entered into an agreement with Cobra last year that established fast-tracking of the development of the White Well gold project, […]
THE BOURSE WHISPERER: Blackham Resources has completed a review of existing deposits at the Matilda gold project, which has identified 601,000 ounces of existing resources within the project area, including 301,000 ounces of resources remaining at the Williamson Mine since the completion of mining. Blackham acquired the Matilda gold project in November 2011, including the […]
THE DRILL SERGEANT: Melbourne based gold explorer Bassari Resources has received initial results from a reverse circulation (RC) drilling program carried out during December 2011 at its Konkouto prospect in Senegal, West Africa. According to the company the results have indicated a zone of gold mineralisation, which Bassari claims confirms the discovery of a new […]
THE DRILL SERGEANT: Discovery Metals has reported an initial Mineral Resource estimate at the Selene deposit, located in north western Botswana. The Resource calculation stems from the completion of 52 drill holes totalling 5,343 metres. The Maiden Inferred Mineral Resource for the Selene deposit totals 16 million tonnes at 1.0 per cent copper and 15.9 […]
THE BOURSE WHISPERER: Monto Minerals has released a revised Resource calculation for the Baal Gammon mine located within the Herberton Tin Field of Northern Queensland. The new calculation was derived from a 28 hole diamond drilling program conducted by Kagara at the Baal Gammon mine, which was completed in October 2011. The revised Baal Gammon […]
