THE DRILL SERGEANT: Excelsior Gold has received assay results from a drilling campaigned it completed in December 2011 which focused on resource areas in the central portion of the company’s 100 per cent-owned Kalgoorlie North project. A conceptual mine scoping study centred on the Excelsior Deposit conducted in September 2011 indicated the potential for large […]
THE BOURSE WHISPERER: Mutiny Gold has received confirmation from Cobra Mining that the latter intends to begin gold production at the White Well project in Western Australia in the second half of this year. Mutiny entered into an agreement with Cobra last year that established fast-tracking of the development of the White Well gold project, […]
THE BOURSE WHISPERER: Blackham Resources has completed a review of existing deposits at the Matilda gold project, which has identified 601,000 ounces of existing resources within the project area, including 301,000 ounces of resources remaining at the Williamson Mine since the completion of mining. Blackham acquired the Matilda gold project in November 2011, including the […]
THE DRILL SERGEANT: Melbourne based gold explorer Bassari Resources has received initial results from a reverse circulation (RC) drilling program carried out during December 2011 at its Konkouto prospect in Senegal, West Africa. According to the company the results have indicated a zone of gold mineralisation, which Bassari claims confirms the discovery of a new […]
THE DRILL SERGEANT: Discovery Metals has reported an initial Mineral Resource estimate at the Selene deposit, located in north western Botswana. The Resource calculation stems from the completion of 52 drill holes totalling 5,343 metres. The Maiden Inferred Mineral Resource for the Selene deposit totals 16 million tonnes at 1.0 per cent copper and 15.9 […]
THE BOURSE WHISPERER: Monto Minerals has released a revised Resource calculation for the Baal Gammon mine located within the Herberton Tin Field of Northern Queensland. The new calculation was derived from a 28 hole diamond drilling program conducted by Kagara at the Baal Gammon mine, which was completed in October 2011. The revised Baal Gammon […]
THE BOURSE WHISPERER: Engineering and project delivery company LogiCamms has been awarded two design contracts for work to be carried out at Rio Tinto’s iron ore port assets in Western Australia. The contracts have a combined value of $8.3 million and will entail the initial phase for the upgrade of significant electrical infrastructure. LogiCamms said […]
THE BOURSE WHISPERER: As it prepares to begin construction work on its Wilcherry Hill mine on the Eyre Peninsula in South Australia IronClad has announced the raising of $6 million. The cash has been raised through the placement of 7.5 million shares with Hong Kong-based resources industry investor, New Page Investments. The agreed price for […]
THE BOURSE WHISPERER: Australian nickel miner Mincor Resources has added a further tenement package to its land-holdings in the Kambalda nickel district. Mincor is acquiring the tenements from fellow ASX-listed Jupiter Mines through the execution of a Sale Agreement. The acquisition comes at a total cost of $200,000, however it remains subject to a number […]
THE BOURSE WHISPERER: Emerging iron ore miner, Lincoln Minerals has been granted an additional iron ore prospective Exploration License, named Nantuma, located near Warramboo on South Australia’s central Eyre Peninsula. Nantuma is immediately adjacent Iron Road’s 2.1 billion tonne iron ore deposits. Lincoln said the new license adds to its portfolio of near mining and […]
