THE BOURSE WHISPERER: Carrick Gold has announced a Resource upgrade at its Kurnalpi project. Kurnalpi is one of three projects which make up the company’s LKK project, situated less than an hour’s drive from Kalgoorlie. Carrick said it is on track to commence production in late 2012, with Kurnalpi being the first of two open […]
THE BOURSE WHISPERER: Segue Resources has raised $2.079 million (before costs) through the issue of 69.3 million shares at three cents per share to sophisticated and institutional investors. The placement price is a 6.3 per cent discount to the last traded price of 3.2 cents per share and a 3.3 per cent discount to the […]
THE DRILL SERGEANT: Haranga Resources has announced further intersections of high-grade iron mineralisation have been defined at the Bayantsogt prospect, located within the company’s Selenge iron ore project area in Mongolia. Location of the Selenge iron ore project. Source: Company announcement The latest assays results represent the final set from Haranga’s 2011 drill program […]
THE DRILL SERGENT: Recent drilling conducted by Kingsrose Mining at the Talang Santo prospect, part of the company’s Way Linggo project in Indonesia, has expanded the dimensions of the deposit. Kingrose said the latest three holes drilled at the deposit have all returned high-grade gold and silver intercepts at the extremities of the ore system. […]
THE DRILL SERGEANT: Western-Australi-based gold producer Integra Mining has received results from an initial RC drilling campaign it conducted throughout November and December 2011 at the company’s Mt Monger Reefs prospect. The Mt Monger prospect is located 13 kilometres northwest of Integra’s Randalls gold processing facility. Mt Monger exploration targets location plan. Source: Company […]
THE DRILL SERGEANT: Azure Minerals has received high-grade assay results from recent completed diamond drilling at the company’s 100 per cent-owned El Tecolote project, located in Sonora, Mexico. Exploration at El Tecolote is conducted in Joint Venture with Japanese Government organisation, JOGMEC, which has the right to earn up to 70 per cent in the […]
THE DRILL SERGEANT: Paramount Mining Corporation has received assay results from the final four diamond drill-holes from the company’s first stage due diligence drilling program conducted at its Gunung Rosa gold-silver project in West Java Province, Indonesia. Map showing location of Gunung Rosa in West Java in relation to major cities. Source: Company announcement […]
THE DRILL SERGEANT: Argonaut Resources has completed a program of RC precollar drilling at the Nyungu prospect on the company’s Lumwana West project in north-western Zambia. Although the company is yet to receive results of diamond core tails from this drilling it said it expected the results will extend and enhance RC pre-collar results. […]
THE DRILL SERGEANT: Australian base metals explorer Ventnor Resources has scored some impressive near surface copper mineralisation assays from a recent Phase 3 drilling program conducted at the Green Dragon prospect. The Green Dragon prospect is part of the company’s Thaduna and Green Dragon copper project, located 170 kilometres north of Meekatharra, Western Australia, in […]
THE DRILL SERGEANT: Vital Metals has received gold assay results for the latest 16 holes from a recently completed 51 Hole RC drilling program in Burkina Faso. The company is undertaking the drilling program targeting shallow high-grade gold mineralisation at the Kollo gold prospect, located on the Doulnia tenement (Vital Metals 60 per cent, Ampella […]
