THE DRILL SERGEANT: Ventnor Resources has had previously reported visual intersections from drilling carried out at the Thaduna prospect assayed and has also received additional assays from Phase 4 drilling at its Thaduna and Green Dragon copper project. Results from the assays include: – 19 metres at 1.85 per cent copper from 246 metres, including […]
THE BOURSE WHISPERER: Segue Resources has announced a maiden Inferred Resource for the company’s Emang manganese project in South Africa. The new JORC-compliant Inferred Resource stands at 13.9 million tonnes at 24.6 per cent manganese and 11.5 per cent iron. Segue said the resource has had been based on results the company achieved from a […]
THE DRILL SERGEANT: Having recently raised $45 million via a placement of new shares, Ampella Mining has working capital squirrelled away of almost $55 million. The healthy bank account has provided the impetus for budget approvals for $25.3 million, which will be used by Ampella to fund a large exploration push at the company’s Batie […]
THE BOURSE WHISPERER: Blackham Resources has had a review and estimate conducted of the mineral resource for the Regent gold deposit . The JORC–compliant inferred resource for the Regent deposit now sits at 3.5 million tonnes at 2.1 grams per tonne gold for 237,000 ounces of gold. According to Blackham the new numbers represent a […]
THE BOURSE WHISPERER: Canada-focused gold exploration play Coventry Resources is set to bank $5 million having received commitments for the placement of 41.67 million new shares at a price of 12 cents per share. The shares will be placed to North American institutional investors that are clients of Casimir Capital, which acted as lead broker […]
THE BOURSE WHISPERER: Northern Star Resources has increased resources at its Ashburton project in Western Australia by 50 per cent to over the one million ounce mark. The increased Resource inventory for the Ashburton project now totals 11.6 million tonnes at 2.7 grams per tonne gold. It comprises 318,000 ounces in free-milling ore and 689,000 […]
ONE OFF THE WOOD: Goldminex is something of a curiosity in that it is an ASX-listed gold exploration play with an international focus that isn’t actually exploring in Africa. The company’s chief executive officer Sandy Moyle pulled up a stool at the bar this week to tell us why. Instead of Africa Goldminex has […]
THE DRILL SERGEANT: The first round of drilling conducted by Sirius Resources north and south along strike from known mineralisation at the Inky prospect on the company’s Youanmi project in Western Australia has intersected copper-nickel mineralisation. In its announcement to the ASX, Sirius said the step-out drilling had demonstrated sulphide mineralisation may occupy a broad […]
THE DRILL SERGEANT: Clancy Exploration has received results for the final seven holes of a recent reverse circulation (RC) drilling campaign conducted on the company’s 100 per cent-owned Condobolin project in central New South Wales. The drilling was carried out at the Meritilga prospect, where the company said broad gold, copper and silver zone surrounding […]
THE BOURSE WHISPERER: Noble Mineral Resources has become the newest Ghanaian gold producer following the completion of the company’s first gold pour at its Bibiani gold project. The company said the event marked a milestone in the refurbishment and enhancement of the project’s upgraded three million tonne per annum processing plant. Source: Company announcement […]
