ALL THE NEWS
Dark Horse Resources Confirms High Grades at Las Opeñas Gold Project
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dark Horse Resources (ASX: DHR) has completed detailed mapping and a diamond‐sawn rock channel sampling program at the company’s Las Opeñas gold project in Argentina. Dark Horse Resources declared the recent work had confirmed widespread high-grade zones of gold and silver. The channel sampling consisted thirty‐four channel samples cut over a two-kilometre […]
Black Cat Syndicate Extends Bulong Ground Position
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Black Cat Syndicate (ASX: BC8) has entered into Farm-in and Joint Venture Agreements in respect of the Balagundi project (E27/558) with Pioneer Resources (ASX: PIO). Balagundi sits adjacent to the north-west portion of Black Cat Syndicate’s Bulong gold project in Western Australia and runs parallel to a major structural trend bounding the […]
Mako Gold Doubles Napié Project Strike Length
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mako Gold (ASX: MKG) reported assay results from the first sixteen holes of a recent twenty-seven hole reverse circulation (RC) drill program at the company’s Napié project in Côte d’Ivoire. Mako Gold is earning up to a 75 per cent interest in the Napié project under a farm-in and Joint Venture agreement […]
Galan Lithium Receives Argentine Drilling Permits
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Galan Lithium (ASX: GLN) has received permits from the Secretaria de Estado de Minería ‐ Gobierno de Catamarca (the authority that approves drilling permits in Catamarca, Argentina). The permitting allows Galan Lithium to conduct a maiden drill program over the company’s Western Basin projects located on the Hombre Muerto salar in Argentina. […]
Bellevue Gold Announces $18.5M Placement
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bellevue Gold (ASX: BGL) has launched a fully underwritten institutional placement to raise approximately $18.5 million. Bellevue Gold is offering the placement at 57 cents per share, which represents an 8.8 per cent discount to the closing price of the company’s shares on 23 July 2019 of 62.5 cents per share. The […]
Calima Energy Progresses Sale of Namibia PEL 90
/in Resources Roadhouse, The Bowser /by Wally GrahamTHE BOWSER: Calima Energy (ASX: CE1) has entered into a formal sale and purchase agreement to sell the company’s interest in the Namibia PEL 90 licence (Block 2813B). Calima Energy is selling the licence to Tullow Namibia Limited, a subsidiary of Tullow Oil plc, a leading deep-water operator with a track record of working in […]
Strike Energy Completes West Erregulla-2 First Intermediate Section Drilling
/in Resources Roadhouse, The Bowser /by Wally GrahamTHE BOWSER: Strike Energy (ASX: STX) completed drilling the intermediate hole section of its West Erregulla-2 well to a final TD of 2,499 metres. Strike Energy said the drilling had encountered the Eneabba formation that had been selected to provide a good setting point. The company then ran the 11-3/8” casing in hole to the […]
Magnetic Resources Extends HN9 Gold Zone
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Magnetic Resources (ASX: MAU) claimed a plus 200m-wide gold zone is emerging on the north-eastern part of the company’s Hawks Nest 9 (HN9) gold project near Laverton in Western Australia. Magnetic Resources completed an extensive drilling program of 250 RC holes at HN9, which remains open downdip and to the north. The […]
Canyon Resources Working with Cameroon Government on New Train Line
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Canyon Resources (ASX: CAY) reported that the Government of Cameroon has completed a rail study involving a link between the company’s Minim Martap bauxite project to the Kribi Deep Water Port. Canyon Resources said an independent Feasibility Study for the construction of a rail line from Edea to Kribi Port, was completed […]
St George Mining Raises $4M to Continue Drilling at Mt Alexander
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: St George Mining (ASX: SGQ) completed a placement of approximately 37.2 million fully paid ordinary shares at 11 cents per share to raise $4 million. “We are very pleased with the strong investor backing which recognises the substantial exploration upside at the high‐grade Mt Alexander project at a time of heightened investor […]