ALL THE NEWS
Bellevue Gold Increases Resources Over 1.5M Ounces
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bellevue Gold (ASX: BGL) announced a further resource upgrade at the company’s Bellevue gold project in Western Australia. Bellevue Gold increased the Inferred resource estimate for the project, taking it to 4 million tonnes at 11.8 grams per tonne gold for 1.53 million ounces of gold (3.5g/t gold cut-off). The company said […]
VRX Silica Acquires Boyatup Silica Sand Project
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: VRX Silica (ASX: VRX) completed an agreement with Silatec Pty Ltd for the acquisition of the Boyatup silica sand project, located 100 kilometres east of the Western Australian port town of Esperance. VRX Silica will issue two million of the Company’s ordinary fully paid shares plus $10,000 in full consideration for the […]
Magnetic Resources Extends HN9 Over 2km
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Magnetic Resources (ASX: MAG) reported on recent drilling activity at the company’s Hawks Nest 9 (HN9) gold target, located outside Laverton in Western Australia. Magnetic Resources completed a 40-hole RC drill program at HN9, focussing on a two-kilometre long sheared gold rich porphyry where it has outlined a large coherent mineralised zone […]
Southern Gold Confirms High-Grade Weolyu South Zones
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Southern Gold (ASX: SAU) announced completion of a second phase of systematic underground channel sampling at the company’s 100 per cent-owned Weolyu South gold-silver project in central South Korea. Southern Gold explained the sampling had been designed to infill and extend previous results and as a quality assurance (QAQC) program checking on […]
Alliance Resources Strikes First Weednanna Blow for 2019
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alliance Resources (ASX: AGS) released the latest results from aircore drilling for gold underway at the company’s Wilcherry Project Joint Venture in South Australia between Alliance (79.01%) and Tyranna Resources (ASX: TYX) (20.99%). Alliance Resources carried out the drilling at Weednanna East and close to the Weednanna gold deposit. Aiilaince completed a […]
Riversgold Scores New Farr-Jones Discoveries
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Riversgold (ASX: RGL) announced completion of first aircore drilling at the company’s 80 per cent-owned Farr-Jones project near Kalgoorlie in Western Australia. Riversgold sai the recent drilling had returned gold results from several holes, including from the first holes drilled at the new Eales and Little targets. Highlights from the drilling include: […]
NTM Encouraged by Hub RC Drilling
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: NTM Gold (ASX: NTM) released the first reverse circulation (RC) drill results from the Hub prospect at the company’s Redcliffe gold project located near Leonora, Western Australia. NTM Gold explained the drilling targeted the discovery traverse to replicate initial shallow results from a previously announced aircore program in order to test mineralisation […]
Musgrave Minerals Extends A-Zone Mineralisation
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further highly-encouraging assay results from diamond drilling undertaken at the A-Zone gold target at the Lake Austin North target. Lake Austin North is located three kilometres north of the Break of Day gold deposit within the company’s Cue project in Western Australia’s Murchison district. Recent diamond drilling […]
Image Resources Generates First Revenue from Boonanarring
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Image Resources (ASX: IMA) has loaded the first bulk shipment of nominally 10,000 wet metric tonnes of heavy mineral concentrate (HMC) from the company’s 100 per cent-owned Boonanarring mineral sands project, located north of Perth in Western Australia. Image Resources secured payment for the shipment by way of a letter of credit […]
Australian Mines Picks-up Healthy R&D Rebate
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Mines Limited (ASX: AUZ) received a rebate from the Australian Taxation Office of $1,911,075 in relation to the company’s research and development (R&D) expenditure during the 2017-18 financial year. Australian Mines picked up the cheque in addition to a $295,765 R&D tax rebate it received in October 2018 and relates to […]