THE DRILL SERGEANT: Doray Minerals has added to the high-grade Wilber Lode Resource at the Andy Well gold project (Doray 80 per cent). The combined Inferred and Indicated Resource for the Wilber Lode and two associated quartz vein lodes now totals: – 691,000 tonnes at 14.8 grams per tonne gold for a total of 329,000 […]
THE BOURSE WHISPERER: The synergy between resources and infrastructure has been highlighted by the approval of new railway projects in both of the country’s major mining jurisdictions. Aquila Resources announced it has received conditional approval from the Western Australian Minister for the Environment for the construction and operation of mining and associated infrastructure, including a […]
THE BOURSE WHISPERER: Mongolia-focused coal exploration play Modun Resources has announced a maiden JORC coal resource of 489 million tonnes at its wholly-owned Nuurst project. The company acquired the 34.5 square kilometre project in June this year, which is located 120 kilometres south of Mongolia’s capital Ulaanbaatar. Modun claimed the resource estimate is almost double […]
THE BOURSE WHISPERER: Golden Rim Resources has finalised an agreement to acquire an additional gold exploration permit in Burkina Faso in West Africa. The Tanlili permit covers an area of 162.1 square kilometres and is located immediately south of Golden Rim’s Zanna permit. The Tanlili permit is situated 14.4 kilometres south of the 1.93 million […]
THE BOURSE WHISPERER: Africa-focused Castle Minerals has announced a total Mineral Resource Estimate for its Kandia gold prospect located in north-west Ghana. The total Mineral Resource Estimate for the Kandia gold prospect stands at: – 3.3 million tonnes at 1.0 gram per tonne gold for 107,500 ounces of gold. The Kandia prospect forms part of […]
THE BOURSE WHISPERER: Aquila Steel SA, a wholly owned subsidiary of ASX-listed Aquila Resources, has completed a Definitive Feasibility Study for the Gravenhage manganese project situated in the north of its Avontuur prospecting right in the Kalahari region of South Africa. Aquila said it considers the project to hold potentialfor the discovery of high-grade manganese […]
THE BOURSE WHISPERER: Hillgrove Resources has produced the first copper concentrate at the company’s Kanmantoo copper mine project, south-east of Adelaide in South Australia. The grades of the initial concentrate are in the range of 24 per cent to 27 per cent, which the company said it considers being excellent given the low-grade feed that […]
THE DRILL SERGEANT: Kalgoorlie Mining Company has reported the latest instalment of drilling results of the East Lode at the company’s Bullant gold mine. KMC has completed a further 22 holes, which have provided the final drill results from an exercise the company carried out that was aimed at defining extensions along strike and at […]
THE BOURSE WHISPERER: Perth-based Laconia Resources has reached an agreement to acquire the Rasuhuilca project, an advanced gold-silver development project in Peru. The project has been acquired from Gold Mines of Peru and as part of the transaction, Laconia will also pick up GMP’s other Peruvian projects, the Motil and Porcuchia gold-silver tailings projects. […]
THE BOURSE WHISPERER: NuCoal Resources has secured port allocation with Port Waratah Coal Services for the company’s 100 per cent-owned Doyles Creek Underground coal project. The company said the allocation will provide it with one million tonnes of capacity per year at the port commencing in 2015. The commencement of the allocation ties in with […]
