JETT RINK: WHL Energy has commenced a formal farm-out process on its large Seychelles Oil and Gas project. The company said it had been pleased so far by the significant amount of interest that has been shown for its Seychelles Oil and Gas project by a number of multinational oil and gas majors. WHL Energy […]
JETT RINK: Oklahoma-based ASX-listed Oil & Gas exploration and production company Red Fork Energy has agreed to purchase gas currently being produced by a neighbouring operator in the shallow Woodford shale gas project in Wagoner County. The agreement was reached through Red Fork’s wholly owned mid-stream subsidiary EastOK Pipeline. Under the terms of the agreement, […]
JETT RINK: Empire Oil & Gas has re-interpreted existing seismic data in Exploration Permit EP-430, together with recent seismic recorded in the Permit as part of the Garibaldi 2D Seismic Survey, which the company acquired in April. The result has been the delineation of two new prospects; the Launer prospect and the Winchester prospect in […]
Is the mining industry as important as it thinks it is? A new report doesn’t seem to think so. A new survey, conducted by independent think tank The Australia Institute has found public perceptions regarding the size and significance of the mining industry to the Australian economy to be inaccurate. The survey was conducted as part […]
THE BOURSE WHISPERER: Emerging gold miner Cortona Resources has been given the go-ahead by the NSW Planning Assessment Commission to develop its Dargues Reef gold mine. Not only will Dargues Reef be Australia’s newest gold mine its location, 60 kilometres east of Canberra, makes it the first significant new gold mine to be permitted in […]
THE DRILL SERGEANT: Burkina Faso-focused gold exploration play Canyon Resources has had more good news from its Tonbody project. Canyion has received shallow high-grade gold results a 7,005m reverse circulation (RC) drilling program that was completed in July 2011. Canyon said the most significant aspect of the results is the wide gold intercepts returned from […]
THE DRILL SERGEANT: Recent drilling by gold and base metal hopeful Gascoyne Resources has discovered a high-grade quartz vein gold system. The ongoing RC drilling campaign is being undertaken on the South West target area at the company’s 100% owned Glenburgh gold project in Western Australia. The first three RC holes Gascoyne drilled into a […]
In my job I tend to spend a bit of time in traffic. I can’t remember where I was, but I clearly remember first hearing about graphene. It was when I was listening to the raido while driving my car. This is not graphite, which was discovered in the early 1500’s in the Cumberland Mountains […]
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: Company secretary appointment […]
THE DRILL SERGEANT: Venturex Resources has received encouraging results from exploration drilling currently underway at its Whim Creek copper mine project in Western Australia. The drilling is being conducted approximately one kilometre to the west of the company’s existing Mons Cupri copper-zinc deposit, which has a JORC Resource of 4.94 million tonnes at 1.6 per […]
