THE BOURSE WHISPERER: Greenland-focused rare earths explorer Ram Resources has received final results from reconnaissance exploration work recently completed at the Voskop and Drysdale targets within the company’s Motzfeldt project in South Greenland. Ram currently holds 51 per cent of the Motzfeldt project, with the right to move to 100 per cent. “Regional exploration during […]
THE BOURSE WHISPERER: Carpentaria Exploration says it has strengthened its position as a leading tenement holder in the Braemar Iron Province. The company’s pronouncement was supported by the announcement of a new joint venture agreement with Maosen Australia that gives Carpentaria the chance to earn a 100 per cent interest an exploration licence in South […]
THE BOURSE WHISPERER: Perseus Mining has completed commissioning at its Edikan gold mine, located in Ghana, West Africa taking the company through the transition of becoming a commercial gold producer. The commissioning was carried out during December 2011 and, according to the company, resulted in similar throughput and gold production as it had achieved in […]
THE DRILL SERGEANT: Greenland-focused Ironbark Zinc has announced a resource upgrade in both grade and in the company’s confidence in its wholly-owned, Citronen base metals project. The company said the latest resource upgrade has been based on recent drilling conducted during 2011. Ironbark has completed over 60,000 metres of diamond drilling at Citronen. According to […]
THE DRILL SERGEANT: ASX and TSX-listed Chalice Gold Mines and Zara Mining Share Company (Chalice 60 per cent, ENAMCO 40 per cent) have received the latest drilling results from the emerging Koka South discovery located on the Zara gold project in Eritrea. Chalice said the results confirm high-grade mineralisation extending below and south of drilling […]
THE BOURSE WHISPERER: Global gold producer Barrick Gold has notified Coppermoly that it has met the $20 million expenditure commitment under the farm-in agreement on Coppermoly’s Simuku, Nakru and Talelumas tenements on New Britain Island, located off the coast of Papua New Guinea. Location of Coppermoly projects on the Kulu Awit copper belt. Source: […]
THE BOURSE WHISPERER: Resource and Investment (RNI) has greeted the New Year by announcing following a deal to acquire the Fortnum gold project and surrounding exploration tenements in the Bryah Basin of Western Australia. The Fortnum project, owned by BlueCrest subsidiary Grosvenor Gold, is located 170 kilometres north-west of Meekatharra in WA. RNI has entered […]
THE BOURSE WHISPERER: Gold and base metals explorer, Mining Group listed on the ASX last year. The company closed off 2011 atop the year’s IPO chart with its share price ending at an all-time high of 65c, marking an increase of 220 per cent to its listing share price of 20c. 2011 turned out to […]
THE DRILL SERGEANT: MacPhersons Reward Gold has completed preliminary sampling of the Nimbus East Pit tailings storage facility (TSF) at its 100 per cent-owned Nimbus project, located near Kalgoorlie in Western Australia. View of Nimbus Silver Mine, current mill processing site and East Pit showing first two composited test sites labelled as “C” and […]
THE DRILL SERGEANT: Diamond drilling being carried out by Northern Minerals at its Browns Range heavy rare earth (HREE) project in northern Western Australia has allowed the company to make visual observations and portable XRF measurements. The company said the observations and measurements indicate an extension of the HREE mineralised zone to below 120 metres […]
