THE BOURSE WHISPERER: Burkina Faso-focused gold explorer Canyon Resources has entered into an agreement with a local vendor to purchase a new project. The Wilier project is made up of two granted exploration permits, Tibaari and Boudangou, with a combined area of 490 square kilometres. Canyon’s existing mineral exploration projects in Burkina Faso cover an […]
THE DRILL SERGEANT: Mexico-focused Azure Minerals has received first results from a recent step-out diamond drilling program at its Promontorio project, located in the state of Chihuahua. The Promontorio deposit contains a JORC Mineral Resource, Indicated and Inferred, to date of 502,000 tonnes at 4.7 per cent copper, 2.1 grams per tonne gold and 99 […]
Stockresource Resource Hotspot 338 Sovereign debt concerns in the Eurozone have been steadily mounting during 2011 and, when combined with the slow pace of economic recovery in the U.S., have severely eroded investor confidence. The wave of negative news in recent months (financial, political and natural disasters) has culminated in a collapse in global equity markets […]
THE DRILL SERGEANT: Gold producer Tanami Gold continues to expand the Groundrush deposit at its 100%-owned Central Tanami Project in the Northern Territory. “The Groundrush deposit continues to exhibit all the hallmarks of being a very extensive gold system with the main ore zone now extending more than 700 metres, two footwall zones extending more […]
THE DRILL SERGEANT: Dual-listed TSX, ASX gold exploration play Cerro Resources has received positive results from the first three drill holes of an initial scout drilling program at its Namiquipa silver-lead-zinc project in Chihuahua, Mexico. The drilling program has been designed to test potential extensions of vein mineralisation at the historic La Venturosa Mine. Historical […]
THE DRILL SERGEANT: Australian tin exploration and development company, Consolidated Tin Mines has received assay results from a recent drilling program carried out at the Windermere project. The Windermere project is located within the company’s Mt Garnet Tin project near Cairns in northern Queensland. The Mt Garnet Tin project is Consolidated Tin’s core project. It […]
THE DRILL SERGEANT: Results from a recent drilling campaign by Breakaway Resources have extended polymetallic mineralisation that was intersected recently at the company’s Surprise Ridge target. Surprise Ridge is part of Breakaway’s 100%-owned Eloise exploration project located in north-west Queensland, where exploration is being carried out on a number of fronts. The Eloise project is […]
THE DRILL SERGEANT: Diversified Perth-based exploration play Desert Energy has completed a second RC drilling campaign on iron ore targets at its Camel Hills Joint Venture project located in the central mid-west region of Western Australia. Under the terms of the Joint Venture agreement, Desert Energy can earn a 51% interest in the Camel Hills […]
THE BOURSE WHISPERER: Coal Seam Gas exploration company Red Sky Energy has been busy on its Clarence Moreton project in New South Wales. Recent drilling of two core holes, Annvale 1 and Talma 1 has earned the company a 30% interest in permits PEL 479 and 457. According to the company’s Australian Securities Exchange announcement […]
THE DRILL SERGEANT: Drilling at the 100% owned Borborema gold project of Brazil-focused Crusader Resources has continued to return pleasing results for the company. “We are really pleased to report the results today which continue to build the picture of a major gold project at Borborema,” Crusader resources managing director Rob Smakman said in the […]
