ALL THE NEWS
Mamba Exploration Intersects Anomalous Canary Project Radioactivity
THE DRILL SERGEANT: Mamba Exploration (ASX: M24) completed its first drilling foray at the company’s Canary project in the Athabasca Basin, northern Saskatchewan, Canada. Mamba Exploration reported the drilling had encountered localised anomalous radioactivity and prospective rock types typical of basement-hosted uranium deposits. Drillhole CAN-24-004 intersected a narrow interval of anomalous radioactivity (greater than 300 […]
New World Resources Extends Drilling to Accelerate Testing of Arizona Targets
THE DRILL SERGEANT: New World Resources (ASX: NWC) has extended the current drilling program at the company’s copper project areas in northern Arizona, USA. New World Resources now has two diamond core rigs drilling at its high-grade Antler copper project and a third rig drilling 75 kilometres away at its Javelin VMS project. Up to […]
Ausgold Raises $38M to Fast Track KGP Development
THE BOURSE WHISPERER: Ausgold has raised $38 million to accelerate development of the company’s 100 per cent-owned Katanning Gold Project (KGP) in Western Australia. Ausgold reported it has received firm commitments totalling $38 million in a two-tranche placement to institutional and sophisticated investors. The company indicated the funds raised will primarily be used to underpin […]
TG Metals to Commence Drilling at Lake Johnston Lithium Project
THE DRILL SERGEANT: TG Metals (ASX: TG6) is gearing up for the next round of drilling to be undertaken at the company’s Lake Johnston project in Western Australia. TG Metals has had Program of Work (PoW) applications approved by DEMIRS for infill drilling to 100m x 100m at the Burmeister lithium deposit and for a […]
Falcon Minerals managing director Tim Markwell
Falcon Metals (ASX: FAL) recently put a rocket under the company’s share price with the announcement of a new heavy minerals discovery in Victoria. Managing director Tim Markwell zoomed into The Resources Roadhouse to provide Wally Graham some insight into why the market reacted so positively.
Legacy Minerals Gets Diamond Drilling Underway at Bauloora
THE DRILL SERGEANT: Legacy Minerals (ASX: LGM) has commenced a new phase of diamond drilling at the company’s Bauloora project in New South Wales. Legacy Minerals has the new phase of drilling underway targeting high-grade gold and silver prospects at the Bauloora project. The company has plans for a total of eight holes for up […]
Red Metal Buoyed by Sybella REO Phase 2 Metallurgy
THE DRILL SERGEANT: Red Metal (ASX: RDM) completed a second phase of leach and comminution studies testing mineralisation from the company’s Sybella rare earth oxide (REO) discovery near Mount Isa in Northwest Queensland. Red Metal explained the testing to be part of the company’s strategy of finding the most economically effective way to process the […]
Golden Mile Resources managing director Damon Dormer
Golden Mile Resources (ASX: G88) managing director Damon Dormer dropped into The Roadhouse to bring us up to speed on the company’s recent activities. recently developed a new Process Flowsheet for the company’s 100 per cent-owned Quicksilver nickel-cobalt deposit, located near Lake Grace approximately 300km southeast of Perth in Western Australia.
Predicting the Future Requires the Correct Lenses
COMMODITY CAPERS: The old adage goes that fortune tellers don’t ride horse because they have crystal balls, however there are some glass orb gazers who seem to have their antennae highly tuned. The resources sector provides the optimum opportunity for investors brave enough to punt on the aspirations of geologists turned company directors. Anybody who […]
Critical Resources Claims New LCT Pegmatite System Discoveries at Mavis Lake East
THE DRILL SERGEANT: Critical Resources (ASX: CRR) has claimed discovery of multiple additional spodumene-bearing pegmatites at the company’s 100 per cent-owned Mavis Lake lithium project in Ontario, Canada. Critical Resources has made the discoveries just weeks into its 2024 Summer Field Exploration Campaign. The company declared the new finds highlight the potential of the Mavis […]