ALL THE NEWS
Venture Minerals Gives Odin Target New Perspective
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Venture Minerals (ASX: VMS) announced the first hole at the company’s Odin prospect in Western Australia. Venture Minerals said the hole, co-funded by WA State Government’s Exploration Incentive Scheme, intersected disseminated nickel-copper sulfides within a mafic-ultramafic host unit, had provided the company with a new nickel-copper target. The company declared the Odin […]
Lithium Australia Announces Sadisdorf Drilling Results
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lithium Australia (ASX: LIT) announced preliminary results of its first drilling campaign at the company’s Sadisdorf Joint Venture in Germany. Lithium Australia is in a farm-in deal and JV with Tin International AG, a subsidiary of exchange listed Deutsche Rohstoff AG (FRA: DR0) as partner. The company has declared its aspirations to […]
Magmatic Resources Confirms High-grade Gold Target at Bodangora
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Magmatic Resources (ASX: MAG) announced results of recent rock chip sampling and mapping carried out at the company’s Bodangora gold target in the East Lachlan province in central New South Wales. Magmatic Resources recovered 19 samples over the area, from which a best result of 92.8 grams per tonne gold, 74g/t silver, […]
BCI Minerals Confirms Kumina E Iron Ore Discovery
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: BCI Minerals (ASX: BCI) claimed that recent drilling at the company’s Kumina tenements have confirmed the discovery of a high-grade iron ore deposit. BCI Minerals made the claim based on initial assay results from drilling undertaken on the Kumina E target, part of the Kumina tenements comprising three granted exploration licences located […]
Draig Resources Increases Bellevue Landholding
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Draig Resources (ASX: DRG) has increased its landholding around the company’s Bellevue gold project in the Goldfields region of Western Australia. Draig Resources has taken its land tenure to over 4500 square kilometres in proximity to Bellevue. The company now boasts a dominant project portfolio in what it considers as being a […]
Aruma Resources Completes Second Drill Phase at Slate Dam
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Aruma Resources (ASX: AAJ) has completed the second phase of drilling at the company’s 100 per cent-owned Slate Dam gold project in the Eastern Goldfields of Western Australia. Aruma Resources explained the program was designed to follow up the maiden drilling program at Slate Dam, which resulted in the discovery of a […]
Alliance Resources Assessing Weednanna Regional Gold Prospects
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alliance Resources (ASX: AGS) spruiked the regional gold potential surrounding the company’s Wilcherry project area in South Australia, which forms part of the joint venture (JV) between Alliance (71.09%) and Tyranna Resources (ASX: TYX) (28.91%). Alliance Resources explained that since the formation of the JV, its primary focus has been to assess […]
Gold Road Resources Confirms South Yamarna High-Grade Gold
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) released the first assay results from 2018 exploration campaign underway at the company’s 100 per cent-owned Yamarna project. Gold Road Resources announced that high-grade mineralisation has been confirmed at both the Smokebush Camp, in the former South Yamarna Joint Venture, which it now owns 100 per cent, […]
Magmatic Resources Completes Mt Venn Acquisition
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Magmatic Resources (ASX: MAG) completed the acquisition of the Mt Venn copper-nickel-cobalt project, located east of Laverton In Western Australia from Montezuma Mining Company (ASX: MZM). Magmatic Resources said the deal provides it with coverage over 60 per cent of the Mt Venn Igneous Complex in a proven mineralised district. The company […]
Rox Resources to IPO Mt Fisher Gold Project
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) announced plans to spin out the company’s Mt Fisher gold project in Western Australia into a newly established, 100 per cent-owned subsidiary, Helios Gold Limited. Rox Resources intends listing this company on the Australian Stock Exchange via an Initial Public Offering. The 219 square kilometre Mt Fisher gold […]