THE DRILL SERGEANT: Intermin Resources has received assays for two deep cored holes recently drilled at the Teal prospect situated on the company’s Binduli north project, located 12 kilometres northwest of Kalgoorlie. According to Intermin the drilling resulted in multiple intercepts of gold mineralisation at depths up to 300 metres from surface. This is much […]
THE BOURSE WHISPERER: Finders Resources has signed an off‐take agreement with Standard Bank for up to 60 per cent of all copper cathode produced from the company’s Wetar copper project in Indonesia. Standard Bank will subscribe for US$5.5 million of equity in Finders in exchange for the right to buy up to 40 per cent […]
THE DRILL SERGEANT: Perth-based exploration company Laconia has announced that it has returned positive results from preliminary metallurgical test work at its Lennons Find base and precious metals project in the eastern Pilbara region of Western Australia. The results come from a recently completed program of metallurgical leach testing on the oxide component of […]
THE BOURSE WHISPERER: Chrysalis Resources has reached an out of court settlement with the Zambian Government that has allowed it to finalise a 100 per cent acquisition of Zambian copper and 99.9 percent acquisition of Sedgwick Resources; a Zambian company which owns in excess of 3,000 square kilometres of exploration ground. The Northern projects of […]
TONY LOCANTRO: Since March 2011 the markets have not been conducive to speculative bubbles and in fact the lull in Australia reminds me of 2001/2002 when activity and interest in the juniors dried up considerably. Following the madness that was Dotcom we have seen speculative bubbles in: • Retractable syringes • Childcare • Uranium […]
THE DRILL SERGEANT: Doray Minerals has announced an increase and upgrade to the high-grade Wilber Lode resource at the 80 per cent-owned Andy Well gold project. The combined Inferred and Indicated resource for the Wilber Lode now totals 680,000 tonnes at 15.1grams per tonne for a total of 331,000 contained ounces ”The aim of this […]
THE DRILL SERGEANT: Integra Mining has reported encouraging diamond drilling results from the recently discovered Imperial Prospect located in the Majestic area, part of the company’s Randalls gold project. The diamond hole was drilled to provide structural information on the mineralisation controls on previously reported high-grade gold and copper intercepts, and has returned positive results […]
THE DRILL SERGEANT: Dampier Gold has received results from a Mobile Metal Ion (MMI) soil geochemistry program recently conducted on the Apex copper prospect at the company’s 100 per cent-owned Plutonic Dome project located in central Western Australia. Plutonic Dome project simplified geology and deposit/prospect locations. Source: Company announcement Analysis of the multi-element […]
THE DRILL SERGEANT: Navarre Minerals has hit a further high-grade drill intercept on the Tomorrow line of quartz reef at the Tandarra prospect, part of the company’s Bendigo North project, located north of Bendigo in Victoria. The RC drilling intercept of one metre at 33.6 grams per tonne gold at a depth of 44 metres […]
THE DRILL SERGEANT: Africa-focused resource company Globe Metals & Mining has announced the discovery of three new, substantial zones of rare earth mineralisation at the Mount Muambe REE – Fluorite project in Mozambique. By Mark Jones In 2011, Globe completed 9,427metres of RC drilling at the Mount Muambe REE Fluorite project. The final 4,050m of […]
