ALL THE NEWS
Eagle Mountain Mining Cashed-up for Oracle Ridge Exploration
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Eagle Mountain Mining (ASX: EM2) has received firm commitments to raise $3 million via a share placement. Eagle Mointain Mining will use the funds to carry out exploration drilling at the company’s high-grade Oracle Ridge copper project in Arizona, USA. The company will put the funds towards a surface diamond drilling program […]
Blackstone Minerals Hits 200m High-grade nickel-copper-PGE Zone
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has continued to encounter massive sulphide in its maiden drilling program underway at the Ban Chang target, part of the company’s Ta Khoa nickel-copper-PGE project in Vietnam. Blackstone Mineral’s drill hole BC20-02 at Ban Chang hit a 200 metres long zone of high-grade nickel-copper-PGE with the following high-grade […]
Cassini Resources Getting Better Acquainted with Yarawindah Project
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) declared its standalone explorer status by updating the market on recent exploration activities at the company’s Yarawindah Brook project in Western Australia. Since recently announcing an impending de-coupling with Joint Venture partner OZ Minerals, Cassini is keen to show off the potential of Yarawindah Brook, which is considered […]
De Grey Mining Achieves High-Grade Gold Recoveries at Hemi
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported results from initial metallurgical testwork from the company’s Hemi gold deposit, located south of Port Hedland in Western Australia. De Grey Mining undertook initial metallurgical testwork on mineralisation from the Brolga Zone, which achieved excellent gold recoveries of: Oxide: 93 per cent based on CIL leach; […]
Bellevue Gold Raises $100M to Fund Resource Growth and Accelerate Project Development
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bellevue Gold (ASX: BGL) announced a fully underwritten institutional placement of new fully paid ordinary shares to raise approximately $100 million. Bellevue Gold will also undertake a non-underwritten Share Purchase Plan to raise up to $20 million. The monies raised will complement current cash on hand, and will be used to grow […]
Black Cat Syndicate Gains Myhree Stage 1 Pit Approval
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) reported on recent activities at the company’s Bulong gold project in Western Australia. Recent RC drilling undertaken at the Myhree prospect returned numerous zones of shallow, thick, high-grade mineralisation. Holes were drilled to infill shallow parts of the Resource ahead of potential open pit mining operations. Results […]
Ausgold Extends Jinkas South Lode Mineralisation
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ausgold Limited (ASX: AUC) released results from the first six holes it has completed of a 21 hole program of reverse circulation (RC) drilling at the Central Zone within the company’s 100 per cent-owned Katanning gold project (KGP) in Western Australia. Ausgold has utilised down hole electromagnetic (DHEM) and Moving Loop EM […]
Bellevue Gold Declares Maiden Gold Resource
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bellevue Gold (ASX: BGL) announced a maiden Indicated Resource for the company’s Bellevue gold project in West Australia. The total Resources of 2.3 million ounces of gold at 10 grams per tonne gold includes Indicated and Inferred components of: Indicated 860,000 ounces at 11.6g/t gold; and Inferred 1.4 million ounces at 9.2g/t […]
Auteco Minerals Raises $30M For Pickle Crow Exploration
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Auteco Minerals (ASX: AUT) has raised approximately $30.4 million via the issue of approximately 225 million new fully paid ordinary shares in the company. Auteco Minerals announced the funds would be funding ongoing exploration activities at the company’s Pickle Crow gold project, which recently received a maiden JORC 2012-compliant inferred resource of […]
Black Cat Syndicate Encounters High-Grade Diamond Drilling Intersections at Myhree
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) followed up its Fingals and Rowe’s Find acquisition by releasing drilling results from the company’s Bulong gold project near Kalgoorlie in Western Australia. Black Cat Syndicate recently completed recent diamond drilling at the project’s Myhree deposit that intersected numerous zones of high-grade mineralisation. Six holes were drilled […]