Menninnie Metals, a wholly-owned subsidiary of Adelaide-based base metal producer Terramin Australia has concluded a transaction with Minotaur Operations, a wholly owned subsidiary of Minotaur Metals. The transaction will result in Menninnie owning 100% of a prospective group of tenements along trend from the Menninnie Dam lead-zinc deposits. Terramin will be the ultimate winner from […]
THE DRILL SERGEANT: Emerging gold producer and exploration company Northern Star Resources has completed the first round of drilling at its Ashburton gold project in Western Australia. Northern Star has told the market the drilling has returned a series of high-grade results, which it said highlights the potential for it to become the company’s second […]
THE DRILL SERGEANT: Australian copper-gold play GBM Resources has received further encouraging results from diamond drilling at the Milo prospect, which is part of the company’s Brightlands copper-gold project in North-West Queensland. GBM said the latest results support its growing confidence in the potential of prospect as an iron-oxide-copper-gold project. “These additional strong drillhole intersections, […]
THE BOURSE WHISPERER: Perth-based Bannerman Resources has received an Environmental Clearance from the Namibian Ministry of Environment and Tourism for the linear infrastructure proposed to service the company’s Etango uranium project. The Environmental Clearance gives the company approval to develop a linear infrastructure corridor from the existing nearby public road to the project site, including […]
THE BOURSE WHISPERER: Leading Pilbara iron ore producer Atlas Iron has added an international outlook to its portfolio by agreeing to take a strategic 19.9% stake in Brazil-focused Centaurus Metals. The deal is part of what the companies have referred to as, “a wide-ranging strategic alliance that includes technical, development and product marketing support”. Under […]
THE BOURSE WHISPERER: Brazil-focused copper exploration play Avanco Resources has been active in the nickel-platinum sphere having defined a third nickel-copper anomaly has at its Conceição project. The latest soil survey carried out by Avanco at Conceição has continued the company’s runoff identification of priority drill targets with the most recent being a nickel-copper anomaly […]
THE BOURSE WHISPERER: Perth-based diversified exploration play Black Fire Minerals has entered into an exclusive due diligence and option agreement with Canadian private company, Rift Valley Minerals and private Democratic Republic of Congo company, TSM Entreprise. The agreement is for the acquisition of up to 54% effective equity in the Kangeshi copper-silver project located in […]
THE DRILL SERGEANT: Recent drilling carried out by Perth-based South America-focused Cleveland Mining Company at its O Capitão gold project has discovered gold‐bearing mineralisation located less than 10 kilometres from the company’s Premier gold project in Brazil. The drilling delineated a 250 metre strike‐length of multiple, stacked, mineralised zones with variable down‐hole widths ranging from […]
THE DRILL SERGEANT: Perth-based copper exploration play Altona Mining has upgraded the resource at its 100% owned Roseby project in Queensland. The global resource estimate for the project has increased to: – 177 million tonnes at 0.6% copper and 0.06g/t gold for 1.1 million tonnes of copper and 296,000 ounces of gold. Altona said the new […]
THE DRILL SERGEANT: Gold-focused exploration company Artemis Resources has announced a JORC-compliant resource estimate for the Mt Clement gold project located in Western Australia. Artemis is the operator of the Mt Clement in a joint venture with Northern Star Resources (20%). The new estimate indicates a total Inferred Resource of 1,131,600 tonnes at 1.77 grams […]
