THE DRILL SERGEANT: Australian gold producer Tanami Gold has continued its run of exploration success at the company’s 100 per cent-owned Central Tanami project in the Northern Territory. Recent highlights from ongoing infill and extension drilling at the Groundrush deposit has returned results including: 17.3 metres at 4.7 grams per tonne gold; 12.5 metres at […]
THE BOURSE WHISPERER: Centaurus Metals has produced a high-grade sinter feed iron ore product grading 65.6 per cent iron with low impurities (2.8 per cent silica, 0.01 per cent phosphorus) from initial pilot scale beneficiation testwork conducted on ore from the company’s Jambreiro iron ore project in Brazil. The results stem from a 2.5 tonne […]
THE BOURSE WHISPERER: Diatreme Resources’ 100 per cent-owned subsidiary, Chalcophile Resources has entered into a Memorandum of Understanding with Antofagasta Minerals S.A. Antofagasta Minerals S.A. is the mining division of London-listed Antofagasta plc. The MoU is in respect of a proposed farm-in over Diatreme’s Clermont copper project in central Queensland, which hosts the Rosevale Porphyry […]
THE BOURSE WHISPERER: In a release to the ASX today, Monax Mining announced plans for a drilling program to test widespread graphite evident from previous exploration at its Waddikee Project on the central Eyre Peninsula, South Australia. The planned exploration program follows a comprehensive review by the company of historical exploration data showing in excess […]
THE BOURSE WHISPERER: Gold exploration and production company Silver Lake Resources announced today that an agreement had been reached for Phillips River Mining to sell its assets to Silver Lake for a transaction value of approximately 20 million dollars. The agreement comes after a proposed Scheme of Agreement was terminated on 12 March 2012. Under […]
THE BOURSE WHISPERER: Trafford Resources has announced to the ASX that it has signed a letter agreement with Independence Group NL whereby Trafford can enter into a Joint Venture for the iron ore rights of two Mid-West iron ore projects, Twin Peaks and Moorarie, northwest of Geraldton, Western Australia. The Twin Peaks project covers […]
THE BOURSE WHISPERER: Atlas Iron has announced that it has entered into a binding Heads of Agreement to acquire the remaining 25 per cent of the iron ore rights on the relevant Daltons joint venture tenements it does not already own from Haoma Mining. “The acquisition of this remaining interest in the Daltons tenements is […]
ONE OFF THE WOOD: Canyon Resources managing director Phillip Gallagher is a busy man with his company currently working up five greenfields projects in the gold boom African country Burkina Faso. As busy as he is he was still able to take a few minutes to tell us what progress Canyon is making. You have […]
THE DRILL SERGEANT: West Africa-focused gold exploration play Castle Minerals has kicked off its maiden RC drill testing program at the Wa South prospect, part of company’s 100 per cent-owned Wa Project located in Ghana. The first-up wide-spaced RC drilling has intersected zones of oxide and bedrock gold mineralisation within Birimian meta‐sediments. RC drill […]
THE BOURSE WHISPERER: As politicians from both sides of the House on the Hill in Canberra set sail on a point-scoring free-for-all over the passage of the MRRT on national accounting firm reminded us all of what it means. The Minerals Resource Rent tax passed through the Australian Senate on Monday giving the perfect opportunity […]
