THE BOURSE WHISPERER: Indo Mines has received the had its Company’s Environmental Impact Assessment (known as AMDAL in Indonesia) approved by the Bupati Kulon Progo (Regional Government) in relation to the company’s Jogjakarta iron project. The company highlighted the importance of the approval saying it provides the green light for the Jogjakarta project to […]
THE BOURSE WHISPERER: Northern Minerals has signed an option agreement with Mineore in regard to the sale of some of Northern Minerals’ non-Rare Earth Elements assets at the Epenarra and Amadeus Basin projects in the Northern Territory. Northern Minerals project locations. Source: Company announcement Mineore is a Brisbane-based resources company, which is focused […]
THE DRILL SERGEANT: Gold exploration and development play Central Asia Resources has received results of intersected gold mineralisation obtained during a diamond drilling campaign at the company’s Bizhe prospect in Kazakhstan. Highlights of the drilling included: – 7.4 metres at 4.80 grams per tonne gold, including 5.4 metres at 6.31 grams per tonne gold; – […]
THE BOURSE WHISPERER: Ivanhoe Mines boss Robert Friedland has been able to put his Rio Tinto tribulations aside with Ivanhoe Australia announcing that its Merlin project development team has managed to access the high-grade Little Wizard molybdenum and rhenium ore body. Little Wizard is situated approximately 75 metres below the surface at Ivanhoe Australia’s Cloncurry […]
THE BOURSE WHISPERER: Southern Gold has executed a Share Subscription Agreement with Kalgoorlie neighbour Integra Mining. Integra has agreed to take a placement of Southern Gold shares equal to 10 per cent of the expanded share capital at five cents per share. In parallel with the Integra share placement, Southern Gold said it intends to […]
THE DRILL SERGEANT: Bauxite exploration and development company, Australian Bauxite has received results from a drilling campaign carried out in December 2011 at Taralga near Goulburn in southern New South Wales. Project location. Source: Company announcement Australian Bauxite claims one hole undertaken at Mt Rae has combined with several nearby holes to confirm […]
THE DRILL SERGEANT: Thundelarra Exploration has received the final results from a 30 hole, 3,578 metre RC drilling program carried out on the company’s Priscilla gold prospect in the Northern Territory. Thundelarra completed the drilling in December, which was designed as a preliminary assessment of selected targets at the Priscilla gold prospect, situated in the […]
THE DRILL SERGEANT: RC drilling being conducted by Stawell-based gold exploration company Navarre Minerals has hit 24 metres at 2.5 grams per tonne gold from a depth of 35 metres, including 3 metres at 10.9 grams per tonne gold and 1 metre at 15.3 grams per tonne gold. The drilling is part of a program […]
THE DRILL SERGEANT: Gold Road Resources has announced to the ASX the discovery of multiple new gold anomalies across the company’s wholly-owned Yamarna Gold Belt. The discoveries include the Koopman’s Find high-grade gold patch, which Gold Road identified during an auger drilling program at the Tobin Hill gold trend. The following new gold anomalies, all […]
THE BOURSE WHISPERER: As the country’s miners and share market keep a fretted eye looking over their respective shoulders a recent industry report has provided some optimism. According to the Chamber of Minerals and Energy of Western Australia (CMEWA), investment in the WA resources sector is showing few signs of slowing down and will continue […]
