THE BOURSE WHISPERER: Apollo Minerals has entered into a Deed of Access (“DoA”) with the Australian Department of Defence that allows the company to explore the full extents of its Commonwealth Hill property located within the Woomera Defence Area in South Australia. Apollo is one of the first exploration companies to be granted access for […]
THE BOURSE WHISPERER: Bass Metals has reported progress with the turnaround in the performance of its 100 per cent-owned Fossey mine in Tasmania. The company’s September 2011 quarterly report indicated a strong recovery from recent mine issues and an excellent outlook for further exploration success underpinned by robust production. Bass Metals said that although the […]
THE BOURSE WHISPERER: Two major shareholders of Finders Resources, Taurus Funds Management and Resource Capital Funds have agreed to provide a loan of up to $8 million to Finders, providing capital for the Wetar copper project in Indonesia. Finders will put the funds towards deposits and progress payments on Marine Fuel Oil (MFO) generators, the […]
THE DRILL SERGEANT: Black Range Minerals has completed its maiden drilling program at the Hansen and Picnic Tree uranium deposits in Colorado, USA. Black Range completed a total of eight diamond core holes at the Hansen deposit for 1,741 metres while a further three diamond core holes for 170 metres were completed at the Picnic […]
THE DRILL SERGEANT: Voyager Resources has claimed a further discovery at its KM copper porphyry project in the South Gobi region of southern Mongolia. Initial drilling on the Gaans prospect at KM has intersected: – 46 metres at 1.1 per cent copper and 14.1 grams per tonne silver from 16 metres; and – 38m at […]
THE DRILL SERGEANT: Emmerson Resources has announced an Indicated and Inferred JORC Resource estimation at its Gecko and Orlando copper/gold deposits located within the Tennant Creek Mineral Field (TCMF) in the Northern Territory. The new Resource estimation has come in at of 50,800 tonnes of copper and 70,000 ounces of gold. The company said it […]
THE DRILL SERGEANT: Monax Mining has commenced drilling at its flagship Punt Hill copper-gold project located within the Olympic iron-oxide copper-gold (IOCG) province in South Australia. The company has four holes, totalling 3200 metres, planned to test high-priority gravity targets. Three of the four holes will be drilled on the Yeltacowie target where the company […]
THE DRILL SERGEANT: Newera Resources said it has been encouraged by the first batch of assay results it has received from to samples taken during a recently conducted aircore (AC) drilling program at the company’s Giant prospect. The Giant prospect is located within the Jailor Bore project in the Gascoyne Region, 250 kilometres northeast of […]
THE BOURSE WHISPERER: The Australian Securities Exchange has flagged changes to the way mining companies report Resources to the market. The national body of Australia’s geologists, The Australian Institute of Geoscientists, has said it would prefer to see the ASX adopt a “principles” approach rather than a “prescriptive” approach if there is to be any […]
THE BOURSE WHISPERER: ActivEX has entered into a new Joint Venture in the Esk Trough area having signed a letter agreement with Coppermoly Limited for it to farm-in to ActivEX’s Esk Trough project. The Esk Trough project is a group of five EPMs located 80 kilometres west of Gympie in South East Queensland. The project […]
