THE BOURSE WHISPERER: ASX-listed solar energy research and development company Silex Systems announced its wholly-owned subsidiary Solar Systems has secured a site in Beaumont, California for the construction of its first Concentrating Photovoltaic (CPV) solar power demonstration facility in the United States of America. According to Silex the grid-connected facility of up to one megawatt […]
THE BOURSE WHISPERER: Iron Ore Holdings has received the final $21 million payment in cleared funds for the sale of the Lamb Creek and Yandicoogina Creek satellite tenements to Mineral Resources. The sale of these tenements was part of a transaction with Process Minerals International (PMI), a wholly owned subsidiary of Mineral Resources. The transaction […]
THE DRILL SERGEANT: Kumarina Resources has received results from a recent drilling campaign undertaken on the Malcolm /Challenger open pits at the company’s 100 per cent-owned Murrin Murrin project in Western Australia. Highlights from the drilling results include: – 13 metres at 6.26 grams per tonne gold; – 2m at 3.46g/t gold; – 4m at […]
THE BOURSE WHISPERER: Australian iron ore producer BC Iron has updated the ore Reserve at the Nullagine Iron Ore Joint Venture. The Nullagine JV is a 50:50 unincorporated joint venture between BC Iron and Fortescue Metals Group. The upgraded ore Reserve follows an assessment of the updated Mineral Resource at the Bonnie East deposit. […]
THE DRILL SERGEANT: Radar Iron claims to have confirmed hematite mineralisation at the company’s Muldoon prospect, located on the Johnston Range in the Yilgarn region of Western Australia. Radar Iron project location. Source: Company announcement The company conducted an RC drilling program in March 2012 completing 34 holes for 1410 metres. Best results […]
THE DRILL SERGEANT: Cleveland Mining Company is following up a number of drill targets it has identified as being, “worthy of further investigation”, on the company’s Porto Grande iron ore project in Amapá State, northern Brazil. Cleveland has The Company has secured two diamond drill rigs to immediately commence reconnaissance drilling, which will remain on […]
THE DRILL SERGEANT: Base metals development and exploration company Fox Resources is gearing up to commence a new program of drilling at the company’s 100 per cent-owned Ayshia volcanogenic massive-sulphide (VMS) deposit. The drill testing follows encouraging drill results from the Ayshia deposit reported by Fox during February and March 2012. Planned drilling in […]
THE BOURSE WHISPERER: Perth-based clean power company Enerji Limited has completed the installation of the second of the three heat recovery units (HRU) at Horizon Power’s Carnarvon power station in the Gascoyne region of Western Australia. The HRUs incorporate an Airec heat exchanger to capture the heat from the engine’s hot exhaust using the recycled […]
THE DRILL SERGEANT: Potash West recently completed a road verge drilling program over the company’s Dandaragan Trough potash project in the Mid-West Region of Western Australia. The company commenced the 153 hole, 8,300 metre program in November 2011 and completed the final stage in February 2012. Potash West said the program had identified ten prospective […]
THE DRILL SERGEANT: Panoramic Resources has received the results for a first pass of resource verification Reverse Circulation (RC) drilling completed beneath the Heron South pit at the company’s Gidgee project, located 640 kilometres northeast of Perth. Best intersections from the drilling program include: – 6 metres at 37.13 grams per tonne gold from 123 […]
