THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Appointment of CEO and […]
THE DRILL SERGEANT: Rox Resources has revisited results from a recent drilling program at its Mt Fisher gold project, located approximately 250 kilometres north of Leonora in the Goldfields region of Western Australia. Rox conducted a 3,000 metre program of Reverse Circulation (RC) drilling at Mt Fisher during July. The results from this program were […]
THE DRILL SERGEANT: China‐focused gold company Red Mountain Mining has intersected gold mineralisation during an initial underground drilling program at the company’s Zhongqu project in Gansu Province, China. The Stage 1 drilling program intersected gold mineralisation with the best results including: – 31 metres at 4.61 grams per tonne gold, including 4 metres at 9.51 […]
THE DRILL SERGEANT: South America-focused gold and copper play Argentina Mining has identified a geophysical anomaly at its Cerro Blanco porphyry copper project in San Juan Province, Argentina. Argentina Mining described the anomaly as a high chargeability zone (HCZ) identified by an Induced Polarisation and Resistivity (IP) survey, which the company considers to have the […]
THE DRILL SERGEANT: Octagonal Resources has received results from a recently completed infill aircore drilling program carried out at the Burns prospect, located within the company’s Hogan’s project in Western Australia, which the company said have defined two zones of gold. Octagonal considers the Burns prospect to be a priority exploration target area that […]
THE BOURSE WHISPERER: Potash West has extended its exploration tenure in the Dandaragan Trough in Western Australia. The company has increased its landholding from an area of 2,107 square kilometres to 2,905 square kilometres. Potash West listed on the boards of the Australian Securities Exchange in May after closing a heavily oversubscribed $6 million Initial […]
THE BOURSE WHISPERER: South America-focused Cleveland Mining Company has completed a $10.1 million placement to sophisticated, professional and institutional investors. The placement will result in the issue of 29.7 million new ordinary shares at a price of 34 cents per share. A large portion of the shares have been allocated to Chinese businessman Wang Zhe, […]
THE BOURSE WHISPERER: Australian tin exploration and development company Consolidated Tin Mines has secured a major cornerstone investor for the Company’s Mt Garnet tin project, near Cairns in northern Queensland. The new investor is Hong Kong based investment company, Snow Peak International Investment. Snow Peak has taken an initial placement of $1.6 million into Consolidated […]
THE DRILL SERGEANT: West Africa-focused gold play Gryphon Minerals has received encouraging results from an initial round of RC and diamond drilling on its new Stinger discovery located only 10 kilometres to the east of the Nogbele gold deposit and planned processing plant, at the company’s Banfora gold project in Burkina Faso. Gryphon said the […]
THE DRILL SERGEANT: Bulk minerals explorer Sheffield Resources has received results from a 31 hole drilling program at its Irwin heavy mineral sand (HMS) project located 80 kilometres southeast of the port of Geraldton in the Mid West region of Western Australia. Sheffield said the latest drill results from Irwin, combined with results of drilling […]
