THE DRILL SERGEANT: Adelaide Resources has claimed confirmation of a copper / gold discovery at the Paskeville prospect situated within the Moonta project, located on the Yorke Peninsula of South Australia. Recent drilling undertaken at Paskeville returned an un-bottomed intersection of 42 metres at 1.10 per cent copper and 0.11 grams per tonne gold, including […]
THE BOURSE WHISPERER: Twenty years ago Geoffrey Stokes came up with the idea of holding a mining conference in the iconic mining town of Kalgoorlie. A delegation of 150 mining-minded types attended the first conference in 1992, which has evolved into one of the mining industry’s mandatory calendar event hosting crowd numbers reaching well above […]
THE BOURSE WHISPERER: Northern Star Resources is understandably pleased with itself having received recent drilling results of up to 2330 grams per tonne at the company’s Paulsens gold mine in Western Australia. The company said the latest results have set up a substantial increase in resources and mine life for Paulsens as they indicate the […]
THE BOURSE WHISPERER: South Australia-based iron ore play Iron Road Limited has written a big bank deposit slip having secured $11.5 million (before costs) in additional funds. The company said the funds will enable it to continue the current definitive feasibility study (DFS) being conducted on its Central Eyre iron project (CEIP) and to option […]
THE DRILL SERGEANT: Centaurus Metals has completed a maiden drilling program on the Fittipaldi prospect at its Serra da Lontra iron ore project in south-east Brazil, which has returned significant widths and grades of iron mineralisation. The company expects Serra da Lontra, located 110 kilometres from the export port of Ilhéus in the State […]
THE BOURSE WHISPERER: The news has been good for De Grey Mining with its farm-in partner on the Turner River gold project, Lansdowne Resources providing maiden estimates of gold resources for the Amanda and Mt Berghaus deposits. Using a cut-off grade of 0.5 grams per tonne gold the estimated resources are: Amanda: 687,000 tonnes at […]
THE BOURSE WHISPERER: Focus Minerals produced 47,489 ounces of gold for the March 2012 Quarter, representing a 28 per cent increase on the company’s production from the December 2011 Quarter of 37,098 ounces. The company put the growth spurt down to an improved performance from its recently acquired Laverton operations and ongoing, consistent output from […]
THE BOURSE WHISPERER: IMX Resources has struck a Life Of Mine sales contract with Vingo Resources for 50 per cent of all ore produced from the Cairn Hill mining operation located 55 kilometres south-east of Coober Pedy in South Australia, close to the Darwin – Adelaide railway. The Cairn Hill mining operation operates under a […]
THE DRILL SERGEANT: Blackham Resources has re-commenced drilling at the company’s Matilda gold project with a program of approximately 2,000 metres targeting the Matilda Mine area. The drilling will pay particular attention to shallow oxide mineralisation at the M10 prospect. The current drilling follows on from the company’s first campaign at Matilda in February, which […]
THE BOURSE WHISPERER: IronClad mining has received approval from the South Australian Government on development application for port facilities designed for iron ore shipments from the company’s new Wilcherry Hill mine. The Wilcherry Hill iron ore project is located on the Eyre Peninsula and is an 80:20 Joint Venture between IronClad and Trafford Resources. The […]
