THE DRILL SERGEANT: Monax Mining has identified, what it describes as, a significant new chargeability anomaly, which the company considers could represent a newly-discovered manganese horizon. The identification was made at the company’s Polinga manganese prospect, which forms part of its Waddikee project, located on Eyre Peninsula in South Australia. Waddikee project, Eyre Peninsula, South […]
THE BOURSE WHISPERER: Western Areas has updated the Mineral Resource at Spotted Quoll. The update includes the first resource estimate for the Stage 2 area at the project. The previous mineral resource estimate for Spotted Quoll was released in January 2009. It comprised a total of 2,021,600 tonnes at an average grade of 6.2 per […]
The Gillard Government’s Indigenous Employment Program has given sixty-eight Indigenous Australians from North Queensland an opportunity to develop their skills and be placed into jobs in the mining or civil construction industries. The Myuma-Dugalunji Program 2011-12 commenced in September with participants from remote Gulf and Cape Communities and regional towns in North Queensland. According to […]
Last year, the Federal House of Representatives Standing Committee on Regional Australia launched an inquiry into the experience of fly-in, fly-out (FIFO) and drive-in, drive-out (DIDO) workers in regional Australia. The Minister for Regional Australia, Regional Development and Local Government, Simon Crean asked the Committee to look into a range of issues, including: – The […]
THE DRILL SERGEANT: Integra Mining has reported drilling results carried out at the Imperial prospect situated on the Majestic area of the company’s Randalls gold project in Western Australia. The diamond drill hole was undertaken to provide the company with structural information on mineralisation identified by previous drilling, which included 19 metre at 4.39 grams […]
THE DRILL SERGEANT: Kentor Gold is set to proceed with a program of exploration drilling at it suite of tenements at Gabanintha, located near Meekatharra in Western Australia. The program follows a HeliTEM survey flown by the company in September last year. Gabanintha HeliTEM targets ‐ southern tenements. Source: Company announcement “The survey […]
THE BOURSE WHISPERER: Mongolian coal explorer Draig Resources has had its shares re‐listed on the Australian Securities Exchange, following the completion of a capital raising and the acquisition of eight coal licences in Mongolia’s Ovorhangay and South Gobi Provinces. Draig completed a $17 million capital raising via the issue of 34 million shares under priority […]
THE DRILL SERGEANT: Sydney-based Gold Anomaly has received results from a recently deep-drilled NEV027 carried out at the Nevera prospect situated within the company’s Crater Mountain gold project in Papua New Guinea. The company said the highlight of the results has been the identification of deep porphyry at 1046 metres depth. Gold Anomaly said the […]
THE BOURSE WHISPERER: IronClad Mining has finalised key infrastructure and mining contracts for its Wilcherry Hill project in South Australia. Construction works on the project are due to commence later this month following the recent announcement by the SA Government of formal approval for IronClad’s Program for Environmental Protection and Rehabilitation (PEPR) – formerly known […]
THE BOURSE WHISPERER: Coziron Resources has entered into agreements that will result in the acquisition of three separate projects in Western Australia. The purchases will come at the cost of a total consideration of 500 million shares at a deemed value of $15 million, together with an ongoing free carried interest for the vendors of […]
