THE BOURSE WHISPERER: Centius Gold has acquired 100 per cent ownership of the high-grade Dittmer gold mine located near Proserpine in Queensland. The acquisition is subject to Due Diligence for an acquisition price of $600,000, which will be funded by Centius from existing resources. The agreement provides for the acquisition of 100% of two Dittmer […]
OUT AND ABOUT: It’s hardly rocket science that when making an investment decision the regular retail punter requires research and information. There’s no question there is a great deal of uncertainty in the marketplace at present so what should an investor be looking for when parting with their hard-earned readies? Speaking at the RIU Melbourne […]
THE DRILL SERGEANT: Manas Resources has upgraded the Indicated and Inferred Mineral Resource at the Shambesai gold prospect at the company’s 100 per cent-owned Isfairamsai License area in the Kyrgyz Republic. The Shambesai Resource has been increased to 11.6 million tonnes at 2.1 grams per tonne gold for 766,000 ounces of gold at 0.5 grams […]
THE DRILL SERGEANT: Mt Isa Metals has received high-grade gold assay results from phase 2 reverse circulation (RC) drilling at the company’s Bantou gold prospect located in south‐west Burkina Faso. “Drilling completed to date at the Bantou prospect has now defined near‐surface gold mineralisation over an approximate 600 metre strike length,” Mt Isa Metals said […]
THE DRILL SERGEANT: The wholly owned subsidiary company of uranium explorer Deep Yellow has received chemical assay results from its ongoing drilling program at the Ongolo Alaskite deposit and its satellite MS7 in Namibia. Deep Yellow said the results achieved by Reptile Uranium Namibia had confirmed additional high-grade intercepts. “In just over a month we […]
THE DRILL SERGEANT: Botswana-focused Discovery Metals has reported some encouraging results from recent exploration activity at its recently discovered Mango prospect. Mango is situated within the company’s 100% owned Prospecting Licences located in the Kalahari Copper belt in north‐west Botswana. The Mango prospect is located in the Boseto Zone and sits less than 25 kilometres […]
THE DRILL SERGEANT: Africa-focused resource company Globe Metals & Mining has received the first batch of analytical results from a recently-completed Main Fluorite – Rare Earth Element (REE) Zone drilling program at the company’s Mount Muambe project in Mozambique. Results for the initial eight reverse circulation drill holes from the Main fluorite prospect have demonstrated […]
THE BOURSE WHISPERER: Iron Ore Holdings Limited has sold off its Koodaideri South tenement located in the Pilbara region of Western Australia. The buyer was none other than Rio Tinto 100% owned subsidiary Hamersley Iron. The price paid by Red Dog’s parents was $32 million cash plus a two per cent Free On Board royalty […]
THE BOURSE WHISPERER: Brisbane-based exploration play ActivEX has been granted a new exploration permit by the Queensland Government. The new permit, EPM 18073, is an area of 211 square kilometres located in the Selwyn district, 75 kilometres south of Cloncurry and 15 kilometres south-east of the company’s Florence copper-gold-cobalt project area. “This EPM has taken […]
THE BOURSE WHISPERER: Castlemaine Goldfields has achieved its first gold pour during the re-commissioning of the Ballarat gold project in Victoria. The golden baby resulting from the pour weighed in at 8,517 grams (260 ounces of gold) and was a composite of gold recovered from the gravity circuit. Castlemaine is currently re-commissioning the sulphide leach […]
