ALL THE NEWS
Positive Gold Drilling and Ore Sorting Results at Sandstone
Middle Island Resources (ASX: MDI) recently completed a Stage 1 infill diamond drilling program at the company’s wholly-owned Sandstone gold project in Western Australia. Middle Island Resources had targeted the program of infill diamond drilling in the upper half of the tonalite deeps deposit at Two Mile Hill. The Two Mile Hill tonalite deeps deposit […]
Cassini Resources Supports Exploration Aspirations
THE INSIDE STORY: Cassini Resources (ASX: CZI) strengthened its ‘explorer in its own right’ credentials with drilling results from the company’s wholly-owned West Arunta zinc project in northern Western Australia. The drilling is separate to Cassini’s West Musgrave Project (WMP), the largest undeveloped nickel – copper project in Australia, that is being developed under a […]
Why Gold is Approaching a Bottom
FRIENDS OF THE ROADHOUSE: Recent months have proven challenging for the gold sector, with trading momentum definitely on the negative side as speculators have sided with the US dollar. By Gavin Wendt These pillars of global financial markets move inversely proportionately to each other – i.e. when one’s rising, the other falls – and vice […]
Venture Minerals Identifies New Thor Drill Targets
THE DRILL SERGEANT: Venture Minerals (ASX: VMS) announced the identification of nine priority VMS (Volcanogenic Massive Sulfide) drill targets at the company’s Thor VMS prospect in Western Australia. Venture Minerals said the targets had been identified from preliminary results of a recently completed EM (Electromagnetic) survey at the Thor VMS prospect. Venture has focused exploration […]
Alliance Resources Commences Drilling of Weednanna Regional Targets
THE DRILL SERGEANT: Alliance Resources (ASX: AGS) has commenced aircore drilling on the regional gold targets surrounding the Weednanna gold deposit, part of the Wilcherry Project Joint Venture between Alliance (75.01%) and Tyranna Resources (ASX: TYX) (24.99%). Alliance Resources indicated the first regional gold exploration target to be tested is the Weednanna East gold prospect. […]
Galena Mining Kicks-off Abra DFS
THE BOURSE WHISPERER: Galena Mining (ASX: G1A) has commenced a definitive/bankable feasibility study (DFS) for the company’s wholly-owned Abra base metals project, located in Western Australia. Galena Mining announced it has retained Australian engineering consulting and contracting company, GR Engineering Services Limited (ASX: GNG) to undertake key portions of the DFS related to plant design, […]
Corazon Mining Upgrades Lynn Lake Mineral Resource
THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) released a new, upgraded Mineral Resource Estimate for the company’s Lynn Lake nickel-copper-cobalt sulphide project in Canada. The updated JORC Code 2012-compliant Resource has come in at: 15.3 million tonnes at 0.72 per cent nickel, 0.34 pe cent copper, 0.034 per cent cobalt (Indicated and Inferred, at a […]
OZ Minerals Moves to 51% Ownership at West Musgrave
THE BOURSE WHISPERER: Cassini Resources (ASX: CZI) declared OZ Minerals (ASX: OZL) to have reached 51 per cent ownership of the West Musgrave project (WMP) Joint Venture in Western Australia. OZ Minerals (ASX: OZL) has completed the earn in of 51 per cent of the West Musgrave project following the necessary investment of $22 million. […]
Intermin Resources Extends Anthill Strike Length
THE DRILL SERGEANT: Intermin Resources (ASX: IRC) recently completed an extensive resource extension drilling program at the company’s 100 per cent-owned Anthill gold project on the Zuleika Shear, north-west of Kalgoorlie – Boulder in the Western Australian goldfields. Intermin Resources drilled a total of 122 Reverse Circulation (RC) holes for 15,118m to an average depth […]
Black Cat Sees Potential at Myhree
THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) reported updated results from drilling carried out on the Myhree-Boundary Corridor at the company’s 100 per cent-owned Bulong gold project. Black Cat Syndicate conducted the drilling to follow-up encouraging intersections encountered earlier this year to the north of Myhree. The company has now extended Myhree a further […]