THE DRILL SERGEANT: Perth-based gold and base metal exploration company Rubianna Resources has announced that results from the company’s ‘Phase Two’ drilling program at its Bloodstone project have returned multiple high-grade gold intercepts of up to 108 grams per tonne. By Mark Jones. The Bloodstone project is within Rubianna’s 100 per cent-owned Murchison tenements located […]
The appointment of a new managing director has heralded the beginning of a new phase for this Colorado-focused uranium explorer. The United States of America is the world’s largest consumer of uranium. Around one quarter of global nuclear reactors are located in the US, devouring 50 million pounds of uranium each year, 85 per cent […]
ONE OFF THE WOOD: The Roadhouse was visited by Castle Minerals managing director Mike Ivey who had a lot of interesting things to say regarding his company’s exploration success on its greenfield discoveries in Ghana. How did the Castle Minerals story begin? Castle is a company I floated in 2006. I moved down to […]
THE DRILL SERGEANT: Blackthorn Resources continued to light up the boards of the ASX after the company released further copper and gold assay results from its Mumbwa project in Zambia. The latest copper assays received from Mumbwa have confirmed the continuation of the high-grade copper zone at Kitumba. Best drilled thickness intercepts include: 187 metres […]
THE BOURSE WHISPERER: South America-focused potash and phosphate exploration and development company Aguia Resources has submitted an application for a tenement that covers the southern extension to the company’s recently discovered Tres Estradas (TE) phosphate project located in the state of Rio Grande do Sul in southern Brazil. Aguia has lodged the application with the […]
THE BOURSE WHISPERER: Doolgunna district measuring stick Sandfire Resources has announced that it has commenced mining of the first massive sulphide ore. The ore is being mined from underground at the company’s DeGrussa copper-gold mine, located 900 kilometres north of Perth in Western Australia. DeGrussa copper-gold project location. Source: Company announcement The company […]
THE BOURSE WHISPERER: Gold Anomaly has claimed the discovery of a 900 metre long Induced Polarisation (IP) anomaly parallel to the existing gold zone at the company’s Jolly Tar gold project located near Croydon in north Queensland. The discovery stems from the company’s 2011 field season of IP gradient array and dipole‐dipole surveys conducted at […]
THE BOURSE WHISPERER: IMX Resources has announced an increased mineral resource estimate at the company’s wholly-owned Snaefell iron ore project in South Australia. The company has increased the Snaefell estimate to 569 million tonnes at 27.1 per cent iron using an 18 per cent iron cut-off grade. The Snaefell iron ore project is located 12 […]
THE BIG STORY: Addressing the first day audience of the Paydirt 2012 Uranium Conference in Adelaide this week chairman of ASX-listed uranium developer Toro Energy, Dr Erica Smyth said the uranium industry needs to do more than, “simply present the facts”, to the Australian public. Smyth’s was addressing industry concerns of public misapprehension in regards […]
THE DRILL SERGEANT: Australian resources company GBM Resources has released a maiden rare earth resource for the company’s Milo iron oxide copper gold (IOCG) and Rare Earth Elements and Yttrium (REEY) project in northwest Queensland. The maiden resource for Milo follows a string of strong drilling results and includes 103 million tonnes containing an estimated […]
