ALL THE NEWS
Spectrum Metals Continues Penny North Golden Run
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Spectrum Metals (ASX: SPX) received assay results from a further eight holes from recent drilling at the company’s Penny North prospect, located south of the Youanmi mining centre in Western Australia. The assay results included intercepts of: SPWRC027 2 metres at 140 grams per tonne gold from 153m, within 6m at 47.4g/t […]
Canyon Resources Identifies 70 New Bauxite Targets
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Canyon Resources (ASX: CAY) completed a LiDAR (light imaging, detection and ranging) and high resolution ortho-photographic survey over the company’s Minim Martap project area in Cameroon. Canyon Resources said the survey had identified more than 70 additional bauxite plateaux across its three permits. Canyon processed data from the LiDAR survey into a […]
OZ Minerals Completes West Musgrave 70% Earn-in
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cassini Resources (ASX: CZI) announced that its Joint Venture partner in the West Musgrave Project (WMP), OZ Minerals (ASX: OZL) has satisfied its 70 per cent earn-in requirements. Cassini Resources explained that under the Earn-in/Joint Venture agreement, OZ Minerals has satisfied the 70 per cent (Stage 2) earn-in milestone by contributing a […]
Cassini Resources Exercises Yarawindah Option
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cassini Resources (ASX: CZI) exercised its option to acquire 80 per cent of the Yarawindah Brook nickel-copper-cobalt-PGE project in Western Australia. The acquisition comes through acquiring 80 per cent of the issued capital of Souwest Metals Pty Ltd, a private company associated with Kalgoorlie prospector Scott Wilson. “The Yarawindah Brook project offers […]
Bellevue Gold Identifies New Near-Mine Gold Targets
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bellevue Gold (ASX: BGL) updated the market on regional exploration activities underway within 20 kilometres of the company’s Bellevue gold deposit in Western Australia. Bellevue Gold has been busy, developing targets towards initial drill testing implementing a combination of low-cost exploration including mapping, rock chipping and data review of multiple historic data […]
Galan Lithium Hits Further Brines With Third Hole
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Galan Lithium (ASX: GLN) has completed a third drillhole, C‐03‐19, at the company’s Candelas lithium brine project located southeast of the Hombre Muerto salar in Argentina. Galan Lithium drilled the hole approximately 2.5 kilometres south of its maiden drillhole (C‐01‐19) that provided results including an intercept of 192 metres at 802mg/l lithium […]
Rox Resources JVs with Venus Metals
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) has struck a Joint Venture with Venus Metals (ASX: VMC) to jointly explore the Youanmi shear zone in Western Australia. The JV includes a large tenure position along strike from the high-grade Penny West gold deposit. Rox will acquire an initial 50 per cent interest in the Youanmi […]
Galan Lithium Raises $4M
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Galan Lithium (ASX: GLN) announced it has received commitments via a share placement to professional and sophisticated investors to raise gross proceeds of $4 million. Galan Lithium said the placement received strong support from a range of sophisticated and institutional investors from Australia and North America. Approximately 14.5 million shares will be […]
St George Mining Progresses Mt Alexander Drilling
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) is in the middle of a nickel-copper sulphide drilling campaign at the company’s Mt Alexander project, located near Leonora in the north-eastern Goldfields. St George Mining has completed numerous drill holes along the Cathedrals Belt that have intersected the host ultramafic unit as well as nickel sulphides, […]
King Island Scheelite Inks Offtake Deal
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: King Island Scheelite (ASX: KIS) announced an Off-take Agreement for tungsten concentrate with Wolfram Bergbau und Hutten AG, a wholly owned subsidiary of Sandvik AB. King Island Scheelite said the Wolfram Agreement is for the delivery of 140,000 metric tonne units (mtu) or 1,400 tonnes of tungsten oxide, over a four-year period. […]