THE DRILL SERGEANT: Drilling at the Browns Range project of Northern Minerals in northern Western Australia has delivered positive Heavy Rare Earth Element (HREE) results, which have confirmed and extended HREE mineralisation. Results from the drilling have indicated several Total Rare Earth Oxide (TREO) intersections in excess of one per cent. The assays are from […]
THE BOURSE WHISPERER: Kiruna Iron AB, the wholly owned subsidiary of ASX-listed Scandinavian Resources, has entered into a cooperation agreement with Boliden Mineral AB. The agreement covers the Lannavaara Permits located approximately 70 kilometres north-east of Kiruna, in the Norrbotten Region of northern Sweden. Boliden is a leading European metals company focused mainly on zinc […]
THE BOURSE WHISPERER: Australian resources company TNG Limited has received an initial funding injection of $2 million under the terms of a binding Letter of Intent (LOI) with Jiangsu Eastern China Non-Ferrous Metals Investment Holding Company (ECE). The $2 million injection has been paid to TNG through a loan facility by a private company […]
THE BOURSE WHISPERER: Australian mid-tier gold producer Saracen Mineral Holdings has completed an update of its JORC-compliant Mineral Resources and Ore Reserves statements. The company has increased its total Resources (Measured, Indicated and Inferred) by ten per cent to 3.6 million ounces of gold. The main contributor to the increase came from a 740% increase […]
THE DRILL SERGEANT: Conquest Mining continues to produce good news from ongoing exploration at its Pajingo gold mine in north Queensland. Recent drilling carried out by the company at the Moonlight prospect and the Starlight corridor has intersected gold mineralisation that has improved its geological understanding and exploration potential at these areas. “The Moonlight prospect […]
THE DRILL SERGEANT: Chile-focused ASX-listed Hot Chili has completed its first resource estimate at its Productora copper-gold-molybdenum project. The maiden resource estimate comes on the back of an intensive ten month drilling program and just 15 months after the company completed its listing on the ASX. The Productora Resource estimate stands at 85.1 million tonnes […]
THE DRILL SERGEANT: Perth‐based gold exploration and development company Manas Resources has received the results from a recently completed 12,535 metre drilling campaign at its 100%‐owned Shambesai gold project in the Kyrgyz Republic. The company said the highlights for it from the final round of results are the numerous continuous wide, high‐grade intersections it encountered […]
THE DRILL SERGEANT: Reconnaissance drilling carried out by Western Australian mineral exploration company Resource & Investment on the south eastern section of its Doolgunna project has identified a new zone of gold mineralisation, with preliminary grades of up to 14.46 grams per tonne. The area, now called the Ross’s Reef prospect, remains open in all […]
THE DRILL SERGEANT: South Australia-focused copper play Rex Minerals has received drilling results from its 100% owned Hillside copper project, located on the Yorke Peninsula. The latest drilling results are the first to be released since the company released its updated Mineral Resource estimate and Conceptual Study in July. Highlights from the recent drilling program […]
THE BOURSE WHISPERER: Tasmania-focused Australian mineral exploration company Venture Minerals has inked a Memorandum of Understanding (MOU) with Grange Resources. Under the MOU, the two companies will investigate the potential for Grange to act as a downstream partner for Venture in value-adding to the proposed magnetite production from the Mount Lindsay Project. Magnetite will be […]
