THE DRILL SERGEANT: West African gold explorer and Queensland tungsten developer Vital Metals, along with its Farm in partner Ampella Mining, has provided the market with an update on exploration progress at the Doulnia Gold Project in Burkina Faso. The farmers last updated the market in March, reporting reported drill results from 66 holes in […]
THE BOURSE WHISPERER: Sydney-based Proto Resources & Investments has acquired rights over the Kiefernberg nickel-cobalt development project located in Saxony, Germany. Proto has entered an option to purchase the Granulite Mountains licence from Deutsche Rohstoff AG. The licence covers over 600 square kilometres and includes both known mineralised zones and the site of a historical […]
THE DRILL SERGEANT: Recent infill RC drilling carried out at the Golden Orb deposit by Southern Cross Goldfields has demonstrated its potential as an open pit and underground feed source. Significant intersections received from the recent in-fill drilling include: – 8 metres at 6.7 grams per tonne gold from 10m; – 3m at 24.0 g/t gold from […]
THE BOURSE WHISPERER: The current round of the Western Australian State Government’s Co-funded Exploration Drilling Program has highlighted gold to be the much-favoured commodity of choice for exploration plays by featuring in 49 per cent of applications. WA Mines and Petroleum Minister Norman Moore didn’t surprise anyone by speaking glowingly about the program that began […]
THE BOURSE WHISPERER: Pan Asia Pacific has received the results of an independent study carried out on the TCM underground coal mine project in Kalimantan Indonesia. The study on the 53 million tonne JORC resource project was carried out by underground mining group KOPEX. Pan Asia holds a 75% interest in the TCM project and […]
THE DRILL SERGEANT: Australian gold producer Tanami Gold increased its company-wide gold Resources and Ore Reserves across both of its operational centres as production at the Central Tanami project moves towards commencement. Recent drilling at the company’s flagship Groundrush deposit has resulted in a maiden Mineral Resource of 203,000 ounces gold and a Mineral Reserve […]
THE BOURSE WHISPERER: Scandinavian Resources has acquired a portfolio of nine iron permits from Swedish company Grängesberg Iron AB. The acquisition was made via the company’s its wholly owned subsidiary Kiruna Iron AB (KIAB). The portfolio includes the advanced Ekströmsberg iron project and Tjårrojåkka iron-copper project located 45 kilomteres from Kiruna in northern Sweden. The […]
THE DRILL SERGEANT: Kula Gold has intersected further gold mineralisation adjacent to the Kulumadau Resource at its 100% owned Woodlark Island gold project in Papua New Guinea. Recent assay results received by the company have confirmed a new, previously undiscovered zone of mineralisation present under a relatively thin 20 metre limestone cover. The new zone […]
THE DRILL SERGEANT: Sydney-based Bolivia-focused gold exploration play Republic Gold has received the results from the final four drill-holes of a 16 drill-holes it has completed as part of a larger development drilling program at the Amayapampa gold project in Bolivia. The 16 drill-hole program was commissioned specifically to enhance predictability of early production mill […]
THE DRILL SERGEANT: ASX-listed gold play Crescent Gold has announced a maiden probable gold reserve of 54,000 ounces near surface at its newly acquired Apollo Deposit in Laverton, Western Australia. New drilling results and resource modelling carried out by Crescent confirmed the probable gold reserve of 770,000 tonnes and at average grade of 2.2 grams […]
