ALL THE NEWS
Alliance Resources Releases Weednanna Maiden Resource
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alliance Resources (ASX: AGS) announced a Maiden Mineral Resource Estimate for the Weednanna gold deposit, part of the Wilcherry Project Joint Venture between Alliance (75.01%) and Tyranna Resources (ASX: TYX) (24.99%) in South Australia. Alliance Resources declared the maiden Mineral Resource Estimate of 1.097 million tonnes at 5.1 grams per tonne gold […]
Blackstone Minerals Confirms Multiple Little Gem Targets
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) released results from phase one of a recently completed IP survey at the company’s Little Gem cobalt-gold project in British Columbia, Canada. Blackstone Minerals said the IP survey identified two new targets showing anomalies with chargeability and resistivity signatures typical of sulfide bearing bodies. Following its recent discovery […]
Petroleum Exploration Stats Jump as APPEA Prepares for Battle
/in Resources Roadhouse, The Conference Caller /by Wally GrahamTHE CONFERENCE CALLER: With the RIU Good Oil Conference just around the corner the Australian Petroleum Production and Exploration Association (APPEA) seems to have resigned itself for a soon-to-be elected Labor Federal Government and is steeling its loins against possible new regulatory battles. The lobby group shot off a broadside at the Federal Labor Party’s […]
Pursuit Minerals Generates Swedish Drill Targets
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pursuit Minerals (ASX: PUR) has generated drill tet targets from a low-level heli-magnetic survey completed over the company’s Airijoki project in northern Sweden. Pursuit Minerals explained the purpose of the survey was to map magnetic anomalies associated with vanadium mineralisation. The company said the heli-mag data located intense magnetic anomalies which extend […]
Silver City Minerals Commences Drilling at Copper Blow
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Silver City Minerals (ASX: SCI) has commenced drilling at the company’s Copper Blow project, located 20 kilometres to the south of Broken Hill in New South Wales. Silver City outlined the program, explaining it has been designed to test both magnetic and nonmagnetic targets identified in recent induced polarisation (IP) geophysical surveys. […]
South Africa Looking to Increase Mining Investment
/in Resources Roadhouse, The Conference Caller /by Wally GrahamTHE CONFERENCE CALLER: The reinvigoration of South Africa’s beleaguered mining industry is hoping to attract new investment of more than $11 billion, or around 122 billion rand, over and above current project commitments. The outlook was posted on the second day of the three day Paydirt 2018 Africa Down Under mining conference in Perth by […]
Ghana Keen to Shift Focus to Industrial Metals
/in Resources Roadhouse, The Conference Caller /by Wally GrahamTHE CONFERENCE CALLER: One objective of African mining powerhouse, Ghana, is to bring about more sustainable extraction of its mineral wealth. Although it is starting to deliver on this, the country is determined to diversify into non-traditional mining areas. Speaking on the second day of the three day Paydirt 2018 Africa Down Under mining conference […]
Musgrave Minerals Hits 42m of Gold With First Lake Austin North Drillhole
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) gave the market a reason to get out of bed by announcing assay results from the first two reverse circulation (RC) basement drill holes. Musgrave Minerals reported the results from the two holes drilled into the A Zone target at the Lake Austin North prospect located three kilometres […]
Pioneer Resources Moves to 51% at Mavis Lake
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) completed a busy week by reaching an agreement with its Joint Venture partner, TSX Venture-listed International Lithium Corp. (ILC). Pioneer Resources finalised the deal with ILC to fast-track its earn-in into the Mavis Lake lithium project in Canada to 51 per cent. Both Pioneer and ILC see merit […]
Impact Minerals Acquires Blackridge Conglomerate Gold Mining Lease
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Impact Minerals (ASX: IPT) has agreed to the outright purchase of Mining Lease ML2386 in central Queensland. Impact Minerals explained the mining lease covers about 500 metres of the gold-bearing unconformity at the company’s Blackridge conglomerate-hosted gold project located north of Clermont. Impact is to acquire the fully-granted mining lease from a […]