THE BOURSE WHISPERER: New Zealand and Australian dual-listed exploration play Heritage Gold has received results from a geophysical survey of the Rahu gold prospect, situated within the Karangahake project in New Zealand Heritage said the results show wide low to moderate grade gold zones appearing to narrow at depth to what it considers may be […]
Line and length were always vital elements of Glenn McGrath’s armoury now he is out to maintain the line and length of the industry’s conveyor belts. While visiting an old mate during a family ski holiday to Canada, Australian cricket legend Glenn McGrath was introduced to a totally new playing field. McGrath first met his new […]
One of the curious aspects of the surge in gold prices over the past few years has been the relative lack of performance by the companies that actually dig, produce and make the stuff – gold producers. And it’s not just Australian gold companies either; this has essentially been a worldwide phenomenon. Unfortunate and bewildered […]
THE DRILL SERGEANT: South America-focused Azimuth Resources has received more results from drilling at its 100% owned Smarts prospect located within the company’s West Omai gold project in Guyana. Assay results of the first two deeper resource holes have been received with both reporting healthy intersections and demonstrating continuity with mineralisation intersected immediately up dip […]
THE DRILL SERGEANT: Almost uranium miner Toro Energy has confirmed current drilling from its Theseus prospect in Western Australia has demonstrated it to be a large uranium mineralised system measuring at least 7.5 square kilometres in area. The company said uranium mineralisation reported has defined grades at levels that it considers, warrant further economic analysis. […]
THE BOURSE WHISPERER: Perth-based Voyager Resources has acquired a 50 per cent interest in the KM copper porphyry project in the South Gobi Region of southern Mongolia. The KM copper project is located in the Edrene Island Arc Terrain, which extends across the Gobi and southern regions of Mongolia. The region hosts a number of […]
THE BOURSE WHISPERER: Southern Cross Goldfields has entered into an option agreement with unlisted company Barranco Resources to acquire two oxide gold deposits. The two deposits, Red Legs and Die Hardy, are located 30 kilometres north of Southern Cross’ Marda gold project in Western Australia. Together they comprise total JORC Inferred Resources of 1.7 million […]
THE BOURSE WHISPERER: Emerging Australia gold company Cortona Resources has entered into a License Agreement with Westlime. As a result of the agreement Cortona will operate the London Victoria gold processing plant near Parkes in New South Wales. The arrangement comes as an ideal solution to the company’s processing conundrum for gold-silver-pyrite concentrate from its […]
THE BOURSE WHISPERER: West Africa-focused iron ore exploration play Nemex Resources has announced results of 17 ironstone samples from its Coastal project located in western Guinea. The samples were collected as part of a program to target a regionally extensive ironstone unit across the company’s exploration licence portfolio. These samples are from the 244 square […]
Geologists may not be quite as rare as the proverbial dentures of common farmyard fowl but the paucity in their ranks is a concern for the resources industry. Although the mining industry is a destination of choice for what seems to be just about every job seeker in Australia at the moment, this hasn’t always […]
