THE DRILL SERGEANT: Western Australia-focused gold explorer Doray Minerals has struck a number of high-grade gold intersections at its 80% owned Andy Well project. The company said the intersection hold the potential to significantly increase the size of the existing high-grade Wilber Lode resource. Other recent drilling has also been successful in extending the depth […]
THE BOURSE WHISPERER: Brazil-focused Crusader Resources has completed a $16.2 million capital raising. Funds raised by the placement will be put towards an aggressive exploration and evaluation program on the company’s Borborema gold project. The raising will also fund the completion of a definitive feasibility study should one be commissioned by the company. The capital […]
THE DRILL SERGEANT: The current drilling program at Southern Cross Goldfields’ Marda gold project in Western Australia continues to deliver with recent in-fill and extensional drilling returning a series of thick, near-surface high-grade intersections at the Python gold deposit. Southern Cross has received the results for 23 of the 63 holes drilled at Python with […]
THE DRILL SERGEANT: Australia-based Canada-focused minerals exploration play Overland Resources told the Australian Securities Exchange that diamond at its Yukon base metal project is drilling is, “progressing very well”. The company has completed 27 drill holes for more than 5,800 metres as part of a 10,000 metre drilling program. Drilling to date has targeted vertical […]
THE DRILL SERGEANT: Northern Territory-focused uranium junior Alligator Energy has announced initial assay results from drilling at its Tin Camp Creek project. The company has received results from the first two holes drilled at the Caramal prospect and the first hole drilled in the Two Rocks area. Initial drilling at the Caramal prospect is targeting […]
THE BOURSE WHISPERER: Flinders Exploration has lined up two copper and gold mining developments, which are moving to prefeasibility study status, in South Australia and Western Australia respectively to lead an Initial Public Offering (IPO) raising up to $7 million. The two near-term projects, situated in the southern Flinders Ranges in South Australia and Coolgardie […]
Uranium is the yellow cake that isn’t popular at kids’ birthdays, street parties, or the anywhere that people want to live. Depending on which side of the table people stand on, or how big a slice of the cake they can claim, opinion regarding the mining of uranium in Australia divides the country like no […]
OUT AND ABOUT: Opening the Australian Uranium Conference in Fremantle Western Australian Minister of Mines and Petroleum Norman Moore told the crowd he wasn’t allowed to mention secession. He did however advise those in attendance that the Western Australian Government has determined to implement a royalty rate of five per cent for uranium oxide concentrates. […]
THE BOURSE WHISPERER: Australian uranium play Black Range Minerals has completed a resource calculation for its combined Hansen/Taylor Ranch uranium project in Colorado, USA. Earlier this year black Range executed agreements that provided it with the exclusive right to acquire 100% of the Hansen uranium deposit. Hansen was discovered in 1977 and was fully permitted […]
Marmota Energy has announced a round of high-grade intersections ranging up to 5,538 parts per million uranium oxide. The company received the intersections from a third phase of drilling on its Saffron and Bridget prospects located within its majority-owned Junction Dam uranium project. Junction Dam is located less than an hour’s drive west of Broken […]
