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Musgrave Minerals Boosted by $3.36M Investment from Westgold

THE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) has welcomed Westgold Resources (ASX: WGX) onto the company’s shareholding register. Musgrave Minerals informed the market that Westgold subscribed for 48 million ordinary shares in the company by way of a share placement at a price of seven cents per share. The $3.36 million investment by Westgold is […]

WA Government Establishes Lithium Strategy Taskforce

COMMODITY CAPERS: The Western Australian State Labor Government showed it is prepared to listen to the mining sector with the announcement of a Taskforce to develop a Lithium and Energy Materials Strategy in consultation with an industry stakeholder reference group. Western Australia-based mining lobby group the Association of Mining & Exploration Companies (AMEC) was one […]

Cassini Resources Identifies West Arunta Drill targets

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received results of an Airborne Electromagnetic (AEM) survey, flownover the company’s West Arunta project in Western Australia. Cassini Resources said previous geological interpretation of the early stage sedimentary zinc exploration project was limited to a magnetic survey that had been processed to its limits, broad-spaced soil geochemistry […]

BCI Minerals Completes Stage 2 Kumina Drilling

THE DRILL SERGEANT: BCI Minerals (ASX: BCI) released additional results from its Stage 2 drilling program undertaken at the company’s Kumina iron ore deposits in Western Australia. BCI Minerals explained the Kumina 270-hole Stage 2 drilling was testing several targets. The program claimed the discovery of the Kumina E and J deposits following on from […]

Alto Metals Considers Near Term Gold Production Strategy

THE BOURSE WHISPERER: Alto Metals (ASX: AME) reported it is looking at opportunities for near term gold production at the company’s 100 per cent-owned Sandstone project, in the Murchison region of Western Australia. Alto Metals said it has commenced work on historic battery sands at the Hacks, Oroya, Havilah and Maninga Marley prospects with sampling […]

Venture Minerals Approved for Thor Drilling

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has been granted approval to drill at the company’s Thor VMS (Volcanogenic Massive Sulfides) prospect in Western Australia. Venture Minerals said it had designated Thor as a ‘priority VMS drill target’ due to its scale, geochemical and geophysical signature and its proximity to a VMS style, massive sulfide […]

Draig Resources Hits Further High-Grade Gold Results at Tribune

THE DRILL SERGEANT: Draig Resources reported further exploration results from the company’s Tribune gold discovery in Western Australia. Draig Resource’s recent drilling focused on preparing for a maiden resource estimate and the commencement of work to follow up DHEM target plates from the first pass exploration holes. The recent work has identified new high-grade ore […]

Global Geoscience Completes Rhyolite Ridge PFS Phase 1

THE BOURSE WHISPERER: Global Geoscience (ASX: GSC) has completed the first phase of a Pre-Feasibility Study (PFS) for the company’s 100 per cent-owned Rhyolite Ridge lithium-boron project in Nevada, USA. Global Geoscience said the critical trade-off studies it conducted for the PFS had demonstrated a clear path forward for the project while highlighting the potential […]

Saturn Metals Defines Higher Grades at Apollo Hill

THE DRILL SERGEANT: Saturn Metals (ASX: STN) reported encouraging near-surface drill intersections from recent RC drilling undertaken at the company’s 100 per cent-owned Apollo Hill gold project, near Leonora in the Western Australian goldfields. Saturn Metals explained the drilling focused along higher grade structural zones or shoots (Armstrong and Eagle Shoots) within the main Apollo […]

Azure Minerals Commences Oposura Resource Estimate

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) received the final assay results from a resource drill-out program undertaken on the East Zone at the company’s 100 per cent-owned Oposura zinc-lead-silver project in Mexico. Azure Minerals said that having completed the drilling and subsequent results it has started the mineral resource estimate for the Oposura project. […]