THE DRILL SERGEANT: Highlands Pacific has reported the final assays it has received from a 14 hole diamond drilling program at its Olgal prospect in the Star Mountains, located 20 kilometres northeast of the Ok Tedi mine in Papua New Guinea. Star Mountains prospects and Olgal drilling. Source: Company announcement The company was made […]
THE DRILL SERGEANT: Riedel Resources has received high-grade gold assay results from recent rock chip sampling carried out at the company’s Tagou project in Burkina Faso. The company collected ninety-one rock chip samples over a four week period, mostly from quartz veins, during detailed sampling and geological mapping programs. Geology and tenement map – […]
THE BOURSE WHISPERER: Emerging West Africa focused resources company Volta Mining has received firm commitments to raise $2.3 million (before costs) through a private placement of 9.2 million shares at 25 cents each together with one (1) free attaching option for every two (2) shares subscribed for and issued, exercisable at 20 cents on or […]
THE DRILL SERGEANT: Royal Resources has announced a maiden JORC-compliant Inferred Resource at the Ironback Hill prospect, situated within the Pualco project, which is part of the company’s Razorback iron ore project north of Adelaide in South Australia. The new Resource at Ironback stands at 677 Million tonnes at 23.6 per cent iron. The result […]
THE DRILL SERGEANT: Mineral Sands explorer Sheffield Resources has claimed discovery of a new Heavy Mineral Sands deposit after receiving the first results of a 2012 drilling campaign at the company’s Eneabba project in the Mid-West region of Western Australia. The discovery was made at the Durack prospect which is located 20 kilometres south of […]
THE DRILL SERGEANT: Avalon Minerals has received assay results for the first hole of a four-hole drill program the company is currently conducting at its Viscaria project in northern Sweden. The drilling returned an intersection of: – 18.6 metres at 1 per cent copper from 450.4 metres (down hole intersection), including 7.8 metres at 1.9 […]
THE BOURSE WHISPERER: Centaurus Metals has acquired a new iron ore exploration project in the State of Paraiba, north-eastern Brazil, by way of a tenement swap agreement. In consideration for acquiring the Curral Velho iron ore project, Centaurus will transfer its interests in its non-core Caçapava copper/gold project in southern Brazil to a group company […]
Monto Minerals has released the first batch of results it has received from a program of reverse circulation (RC) drilling conducted at the Confederation prospect, located 800 metres northeast of the Baal Gammon copper mine near the Herberton Tin Field of Northern Queensland. The company said the initial batch of results has revealed a number […]
THE DRILL SERGEANT: Gold-copper resources company Mutiny Gold has received a swathe of high-grade gold intersections from drilling being conducted at both the West and Central Lodes of the company’s Deflector gold deposit in Western Australia. Mutiny had designed the 15,000 metre program to target strike extensions in the Northern zone of the Deflector […]
THE DRILL SERGEANT: Convergent Minerals received encouraging results from commenced drilling beneath the Blue Vein open cut mine at the company’s Mt Holland Goldfield, located approximately 100 kilometres south of the town of Southern Cross in Western Australia. Recent drilling has intersected very high grade gold over substantial widths, which the company said is the […]
