ALL THE NEWS
Southern Gold Granted Tenure Over New Hampyeong Targets
THE DRILL SERGEANT: Southern Gold (ASX: SAU) has been granted formal tenure over its recent discovery of kilometre-scale surface gold and silver at the company’s wholly-owned Hampyeong project in the southwest of South Korea. Southern Gold announced new assays, which have returned intercepts of: Nabi 13.4 grams per tonne gold; East Main 11.5g/t gold and […]
Mincor Resources Begins Drilling at Cassini Prospect
THE DRILL SERGEANT: Mincor Resources (ASX: MCR has launched into its 2018 nickel exploration program with a program of diamond drilling at the Cassini prospect, located within the company’s Kambalda ground holdings in Western Australia. Mincor Resources will be spending cash raised in a recent fund raising to carry out the drilling, which is to […]
Alloy Resources Commences Ophara Project Exploration
THE DRILL SERGEANT: Alloy Resources (ASX: AYR) commenced exploration activities at the company’s Ophara cobalt-gold project located near Broken Hill in New South Wales. Alloy Resources completed a data review and field inspection during January with an Independent Geochemist. A surface sampling program has subsequently been designed and approved for commencement. Alloy said the program […]
IPO Watch
IPO WATCH: IPOs in the resources sector have been benefiting from renewed interest in the space. The Roadhouse looks at one recent listing and a prospective lister. BlackEarth Minerals (ASX: BEM) BlackEarth Minerals listed on 19 January 2018 expressing its focused on the exploration and development of the company’s 100 per cent-owned Madagascan and […]
Corazon Mining Ready to Recommence Fraser Lake Complex Drilling
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) is preparing to kick off the next phase of drilling at the Fraser Lake Complex (FLC), located just five kilometres south of the company’s 100 per cent-owned Lynn Lake nickel-copper-cobalt Mining Centre in Canada. Corazon Mining advised that preparation for drilling at the FLC is nearing completion and […]
Havilah Resources strikes MoU with Cobalt Blue to Test Mutooroo Ore
THE BOURSE WHISPERER: Havilah Resources (ASX: HAV) and Cobalt Blue Holdings (ASX : COB) have struck a Memorandum of Understanding (MoU). Havilah Resources explained the MoU covers a joint investigation of the applicability of Cobalt Blue’s proprietary process for the recovery of cobalt from pyrite ores. Havilah will provide Cobalt Blue a representative 10 kilogram […]
Stavely Minerals Raises $8.3M to Advance Exploration
THE BOURSE WHISPERER: Stavely Minerals (ASX: SVY) completed a capital raising of up to $8.3 million to be spent on fast-tracking exploration of the company’s gold and porphyry copper-gold projects in western Victoria and Queensland. Stavely Minerals explained the capital raising was underpinned by a Share Placement of 20 million shares at 34 cents per […]
Rox Resources on The Hunt for New Projects
Historically, Rox Resources (ASX: RXL) has demonstrated its ability to acquire, develop, and monetise quality projects. Rox Resources is currently sitting on a healthy war chest of approximately $12 million after selling the Reward zinc project in the Northern Territory to Teck Australia Pty Ltd. Rox wasted very little time in showing its strategic intentions […]
Musgrave Minerals Drills with Standalone Intent
Musgrave Minerals’ (ASX: MGV) New Years’ resolution is simple enough: to maintain the flow of positive drilling results coming from the company’s Cue project in Western Australia and define a resource capable of sustaining a standalone operation. Musgrave Minerals’ Cue project is in the Murchison district of Western Australia and contains the 4.83 million tonnes […]
Alliance Resources Ready to Move at Weednanna
Alliance Resources (ASX: AGS) wasted little time in letting the market know of its intentions for 2018. Alliance Resources had hardly placed the New Year’s Eve champagne bottles in the recycling bin when it announced results from the third round of reverse circulation (RC) drilling at its flagship Weednanna gold prospect late in 2017. The […]