ONE OFF THE WOOD: BC Iron managing director sidled up the bar into The Roadhouse this week to give us some insight as to what’s happening at the Nullagine irn ore project. You recently confirmed Direct Shipping Ore mineralisation at the Bonnie Creek deposit. Was this expected news? Bonnie East has been known to […]
THE DRILL SERGEANT: Ironbark Zinc lifted its gaze from its Greenland activities to achieve some high-grade base and precious metal drilling results and strike length extension at its 100 per cent-owned Peakview prospect in New South Wales. Significant intercepts from this program include: – 3.2 metres at 7.5 per cent zinc and lead and 2.7 […]
THE BOURSE WHISPERER: Manganese and gold exploration company Bligh Resources has entered into an option agreement to acquire an 80 per cent interest in a 546 square kilometre exploration project adjoining the company’s 136 square kilometre Bootu Creek Two manganese exploration project in the Northern Territory. The remaining 20 per cent of the project will […]
THE BOURSE WHISPERER: Beacon Minerals has signed the legal papers required for the sale agreement with Ramelius Resources in regard to selling the mining lease at the Barlee gold project. The sale is now subject to approval by shareholders at a General Meeting. Barlee Tenements. Source: Company announcement Beacon is optimistic regarding the […]
THE BOURSE WHISPERER: Emerging South Australia-focused iron ore producer, IronClad Mining has reached a further off-take agreement for its Wilcherry Hill project on the Eyre Peninsula. The new four-year off-take agreement is with Hong Kong-based resources industry investment group, New Page Investments Limited. The same company recently took up a $6 million share placement in […]
Normally the title is a spam email from our national carrier Qantas but now it is all about our junior mining sector. I can’t blame speculators and those in the industry for their slow return in 2012 because let’s face it after a brilliant start 2011 will go down as a real bitch of a […]
THE BOURSE WHISPERER: Kula Gold has increased the global resource base at its 100 per cent-owned Woodlark Island gold project in Papua New Guinea. Project location. Source: Company announcement The Global Mineral Resource for the Woodlark Island project now stands at 42.4 million tonnes at 1.5 grams per tonne gold for 2 million […]
Gold and base metals explorer Laconia Resources (ASX:LCR) has added some Latin-American rhythm to its portfolio of advanced domestic projects. Laconia recently reached an agreement to acquire the Rasuhuilca gold-silver development project in the South American country of Peru. The project, located 500 kilometres south east of the capital Lima, in the Andean volcanic arc, […]
THE DRILL SERGEANT: UXA Resources has commenced a drilling campaign at the company’s Stuart Shelf project. The Stuart shelf project is located in the Olympic Dam-Prominent Hill area of South Australia. Project location. Source: Company announcement UXA’s joint venture partner and project operator Straits Resources (Straits earning 70 per cent interest) has commenced […]
THE DRILL SERGEANT: Argonaut Resources has kicked off a 5,000 metre RC drilling program at the Ban Klong prospect, situated within the company’s Ban Bak project area on its Xekong concession in southern Laos. The new drilling program is targeting gold mineralisation discovered by Argonaut last year through an exploration program of surface geochemical sampling, […]
