THE DRILL SERGEANT: Naracoota Resources has received high-grade gold results from a recent diamond and RC drilling program carried out at the company’s 100 per cent-owned (gold rights only) Hill 680 prospect 125 kilometres north of Meekatharra. The Hill 680 prospect is located on the Horseshoe Range approximately 25km south-east of the Fortnum Gold plant […]
THE DRILL SERGEANT: Ampella Mining has received drill results showing shallow wide zones of high-grade mineralisation from recent infill drill programs at the company’s 100 per cent-owned Konkera gold resource at the Batie west project, in Burkina Faso West Africa. The latest assay results were received from a reverse circulation and diamond drill program Ampella […]
THE BOURSE WHISPERER: White Rock Minerals has more than doubled its silver resources and lifted its gold resources by 50 per cent at its wholly-owned Mt Carrington project near Drake in northern New South Wales. The total in‐situ gold‐equivalent* endowment of the six near‐surface resources on the project is now approximately 730,000 ounces. *calculated at […]
THE BOURSE WHISPERER: Winmar Resources has pocketed $2.18 million as part of a placement of $3 million by PXSteel International Asia Corporation Limited. The placement is via 15 million ordinary Winmar shares at $0.20 per share, which represents a 100 per cent premium to the company’s share price, as at close of trade on 8 […]
THE BOURSE WHISPERER: Rox Resources has announced a maiden Mineral Resource for its 100 per cent-owned Mt Fisher gold project, located 450 kilometres north of Kalgoorlie in Western Australia’s goldfields region. “In just twelve months we have established a maiden resource of almost one million tonnes and added considerable value to the company through exploration,” […]
THE BOURSE WHISPERER: Eastern Iron has announced an initial JORC Code complaint Inferred Resource estimate for the company’s Nowa Nowa project located in Eastern Victoria. The resource at a lower cutoff of 40 per cent total iron includes: – 8.92 million tonnes at 49.2 per cent iron at the Five Mile deposit; and – […]
THE BOURSE WHISPERER: Perth-based gold company Doray Minerals has reached an in-principle agreement with the Yugunga-Nya Native Title Claimant Group. The company said the agreement paves the way for the granting of its Mining Lease application over the Andy Well gold project (Doray 80%) in the Murchison region of Western Australia. The project-wide Agreement […]
NYMEX (New York Mercantile Exchange) natural gas has been one of the worst-performing commodities this year; it’s down over 16 per cent already, while most commodities are posting year-to-date gains. The price reached a 10-year low of US$2.336 per million British thermal units (MMbtu) on the 19 January. Natural gas in the United States has […]
Resources conference doyen and managing director of Symposium, Kerry Stevenson dropped into The Roadhouse this week to run the measuring tape across our Lang Hancock room as a potential site for one of her upcoming events. A quick glance at the calendar on your website tells me you’re in for a fairly busy year. The […]
THE DRILL SERGEANT: Bauxite exploration and development company Australian Bauxite (ABx) has completed four new vertical drill holes at Mt Rae, part of the company’s Taralga discovery located within the Goulburn bauxite project in New South Wales. Source: Company announcement The holes were drilled around the location of a previous drill hole carried out in […]
