THE BOURSE WHISPERER: Recently-listed West Africa-focused exploration play Taruga Gold has gained access to a trove of historic drill results for the company’s Kossa project in Niger. Taruga recovered the data through the Niger Ministry of Mines from archival searches, which was not available at the time of the company’s Initial Public Offering in February. […]
THE DRILL SERGEANT: Recent drilling conducted by Archer Exploration has confirmed the presence of an eastern graphite limb at the company’s Sugarloaf graphite deposit. The Sugarloaf graphite deposit is located on Carappee Hill near Darke Peak on Eyre Peninsula, South Australia. Drill section superimposed on EM signature. Source: Company announcement Three RC holes […]
THE DRILL SERGEANT: MOD Resources has received further encouraging assay results from the company’s initial 2,000 metre diamond drilling program at its Sams Creek gold project. Mod claims the Sams Creek project, located at the northern end of the South Island of New Zealand, to be the country’s biggest undeveloped gold project. Best results from […]
THE BOURSE WHISPERER: Zambia-focused manganese play Kaboko Mining has signed a strategic offtake agreement with Sinosteel Australia for exports of high quality, high grade lump manganese ore to China. Sinosteel Australia is a subsidiary of Chinese conglomerate Sinosteel Corporation, one of China’s largest State-owned enterprises. Under the terms of the binding off-take agreement with Sinosteel, […]
THE BOURSE WHISPERER: Breakaway Resources is about to embark on a new phase of exploration activities at its 100 per cent-owned Eloise exploration project in North Queensland. The new raft of exploration activity will concentrate on the Sandy Creek copper-gold discovery and new target areas immediately along strike from the operating Eloise copper mine. The […]
PETER HAYES: The Minerals Resource Rent Tax was given its final passage through the Australian Senate earlier this week, and the market reacted by generally taking it all in its stride. Apart from long-term anti-tax advocate Andrew ‘Twiggy’ Forrest’s Fortescue Metals Group that is, which commenced a High Court challenge to the Legislation, arguing the […]
THE DRILL SERGEANT: Focus Minerals has received preliminary results from a recent infill drilling program conducted at the company’s 100 per cent-owned Treasure Island gold project on Lake Cowan in Western Australia. The company has received assay results for 105 infill holes so far, approximately 50 per cent of which have returned anomalous gold. The […]
THE DRILL SERGEANT: Convergent Minerals has received initial results from drilling carried out beneath the Blue Vein gold mine at the Bounty Goldfield in Western Australia. Highlights from the drilling included: – 5 metres at 16.07 grams per tonne gold from 166 metres from within a broader zone of 19 metres at 5.63 grams per […]
THE BOURSE WHISPERER: Carpentaria Exploration has signed a Memorandum of Understanding with Flinders Ports. Carpentaria said the deal provides a potential long-term handling, storage and loading solution for iron ore exports via Port Pirie. The MOU allows for the establishment of a common user facility at the South Australian port, capable of exporting 20 million […]
THE BOURSE WHISPERER: Emerging ASX-listed gold producer Reed Resources has added an additional 283,000 ounces of gold in Indicated and Inferred Mineral Resource to its Meekatharra gold project. The additional ounces represent an 8.5 per cent increase in total gold resources at Meekatharra that now stand at 3.59 million ounces. Reed said its geological team […]
