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Kin Mining Drilling LGP Kyte Deposit
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Having got its Boardroom duck hierarchy in order, Kin Mining (ASX: KIN) announced it has resumed drilling at the company’s Leonora gold project (LGP) in Western Australia. Kin Mining said an initial RC drilling program has been approved to extend the gold Resource at the Kyte orebody. The Kyte deposit currently has […]
Kin Mining Appoints New Chairman
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kin Mining (ASX: KIN) announced the appointment of Jeremy Kirkwood to the company Board as independent non-executive chairman. Once the music had stopped, Kin revealed current chairman Trevor Dixon, is to become interim managing director while the company looks to appoint a suitably qualified applicant for the role full-time. After that has […]
Lithium Australia Reaches Formal Agreement with VSPC
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced it has advanced the acquisition of Brisbane battery cathode developer the Very Small Particle Company Ltd (VSPC). Lithium Australia said it, along with a number of major VSPC shareholders, has executed a binding Share Sale and Purchase Agreement, including lodgement of a transaction-specific prospectus with ASIC to […]
Azure Minerals Completes Placement to Advance Mexican Ambitions
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Azure Minerals (ASX: AZS) completed an $8.2 million placement to institutional and sophisticated investors. Azure Minerals said the funds raised would enable the company to continue development studies at its Oposura project in Mexico and to accelerate its exploration campaign to further define the high-grade, near-surface gold and cobalt mineralisation on the […]
Nusantara Resources Increases Salu Bulo Mineral Resource
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Nusantara Resources (ASX: NUS) released a Mineral Resource update for the Salu Bulo deposit, located on the company’s 100 per cent-owned Awak Mas gold project in South Sulawesi, Indonesia. Nusantara Resources said the update had resulted from the inclusion of results from 12 additional diamond drill holes carried out during a Phase […]
Kalium Lakes Posts Positive Purification Plant Outcomes
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kalium Lakes (ASX: KLL) informed the market of progress it is making regarding testwork optimisation for the Purification Plant at the company’s 100 per cent-owned Beyondie sulphate of potash project (SOP) in Western Australia. Kalium Lakes said the recent work utilised harvested salts from pilot evaporation ponds at the Beyondie project, which […]
Gold Road Resources Secures High-Rolling Finance Facilities
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) has inked a Revolving Corporate, Working Capital and Gold Hedging Agreement (collectively to be known as – Finance Facilities) with a financing syndicate comprising ING Bank Australia, National Australia Bank and Société Générale Hong Kong. Gold Road Resources said the Finance Facilities had been more than six […]
St George Mining to Resume Mt Alexander Drilling
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) is about to commence a major diamond and RC (reverse circulation) drill program at the company’s Mt Alexander project near Leonora, in the North-eastern Goldfields of Western Australia. St George Mining said the planned drill program will consist twenty planned drill holes for 2,510 metres of drilling […]
Investigator Resources Revises Nankivel porphyry copper target
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources (ASX: IVR) completed three reverse circulation percussion(RCP) holes to test the Trojan Induced Polarisation target within the company’s 100 per cent-owned Peterlumbo tenement in South Australia. The tenements are five kilometres southeast of Investigator Resources’ 42 million-ounce Paris silver project. Investigator drilled the three 400m-spaced reverse circulation percussion in mid-February […]
Venture Minerals Identifies Priority Ultramafic Target
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Venture Minerals (ASX: VMS) claimed discovery of an additional ultramafic target near the recent Quicksilver nickel-cobalt discovery of Golden Mile Resources (ASX: G88), east of Perth in Western Australia. Venture Minerals pointed out that its Pingaring project is located just four kilometres along strike to the south-east of the Quicksilver discovery. The […]