THE DRILL SERGEANT: Goldminex Resources has kicked off a 4,000 metre diamond drilling program at its flagship Liamu porphyry copper-gold project in Papua New Guinea. The drilling has been designed to test encouraging surface sampling results that identified ten prospects within the Liamu project. The program will target four key prospects, Movei, Nesei, Iyiowai […]
THE BOURSE WHISPERER: Riedel Resources has entered into a binding agreement with Golden Rim Resources for the right to acquire 100 per cent interests in a package of five granted exploration permits. The permits are known individually as Galgouli South, Gonsin, Keri, Moaga and Tagou, and cover a total area of 1,076 square kilometres in […]
THE BOURSE WHISPERER: Sundance Resources has upgraded the High-Grade Ore Reserve for Stage One of its Mbalam iron ore project in the Republic of Cameroon and the Republic of Congo. The JORC-Code compliant Reserve now stands at 352 million tonnes at 62.4 per cent iron. Sundance said it considers this estimate to be significant as […]
THE DRILL SERGEANT: MacPhersons Reward Gold has released a maiden JORC mineral resource statement on its 100 per cent-owned Tycho Discovery gold deposit. The prospect lies within the company’s MacPhersons Mining License located near Coolgardie in Western Australia. The updated Mineral Resource estimate has been based on data MacPhersons obtained by completing a campaign consisiting […]
THE DRILL SERGEANT: Robust Resources has received encouraging results from a recently completed a drill hole within the company’s Lakuwahi project area on Romang Island, Indonesia. The purpose of the hole was to test the north-eastern extensions of the Batu Mas mineralisation, situated within the Lakuwahi project area. According to Robust the hole intersected the […]
THE DRILL SERGEANT: Breakaway Resources has trailed recent good news with similar tidings having received additional copper-gold intersections from follow-up drilling at the emerging Sandy Creek copper-gold prospect in North Queensland. Breakaway said the new results both confirm the internal continuity of the shear-hosted mineralisation and highlight the potential for extensions to the mineralised zone […]
THE BOURSE WHISPERER: Broken Hill Prospecting has updated the mineral resource for its Pyrite Hill cobalt deposit at Broken Hill in New South Wales. The update has increased the deposit’s size from 10.6 million tonnes of 2.2 pounds per tonne of cobalt to an Inferred Resource of 16.4 million tonnes of 1.83 pounds per tonne […]
THE BOURSE WHISPERER: Manas Resources has reported the updated results of a mining evaluation and pit optimisation review that was recently completed on its 100 per cent‐owned Shambesai gold project in the Kyrgyz Republic. The Shambesai project was upgraded in September to an Indicated and Inferred Mineral Resource of 11.6 million tonnes at 2.1 grams […]
THE DRILL SERGEANT: Brazilian Metals Group has announced a maiden resource estimate for its Gema Verde iron ore project in northern Minas Gerais, Brazil. The JORC Code compliant resource estimate includes a total of 458.5 million tonnes in the Measured, Indicated and Inferred categories. The mineralised resource estimated at the Gema Verde iron ore project […]
THE BOURSE WHISPERER: Carbon offset company Carbon Conscious told the market that Origin has recommitted to an original agreement with Carbon Conscious from 2009. The exercise is Australia’s first major carbon bio-sequestration investment since the passing of the Clean Energy Act 2011. Under the transaction, Origin has committed to: – Exercising the 2012 component of […]
