ALL THE NEWS

Millennium Minerals Upgrades Bartons Underground Resources and Reserves

THE DRILL SERGEANT: Millennium Minerals (ASX: MOY) has progressed development of the proposed underground mining operation at the company’s 100 per cent-owned Nullagine gold project in Western Australia. Millennium Minerals has completed an updated Mineral Resource and interim Ore Reserve for the Bartons deposit, comprising 627,300 tonnes grading 4.9 grams per tonne gold for 97,900 […]

Gascoyne Resources Progresses Dalgaranga Towards Gold Production

THE BOURSE WHISPERER: Gascoyne Resources (ASX: GCY) informed the market of the construction progress being made at the company’s 100 per cent-owned Dalgaranga gold project in Western Australia. Gascoyne Resources has worked up a Measured, Indicated and Inferred Resource at Dalgaranga of 31.1 million tonnes at 1.3 grams per tonne gold for 1,320,000 ounces of […]

Kin Mining Inks $35M Debt Facility

THE BOURSE WHISPERER: Kin Mining (ASX: KIN) announced the execution of a binding term sheet for $35 million (US$27M) with Canadia-based Sprott Private Resource Lending. Kin Mining said the debt package will support the full pre-production and construction cost of the company’s 100 per cent-owned Leonora gold project (LGP) located in the North-Eastern goldfields region […]

Corazon Mining Completes Phase 2 Metallurgy Work at Cobalt Ridge

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) declared the achievement of highly positive results from a recently completed Phase 2 metallurgical testwork program at the company’s Mount Gilmore cobalt-copper-gold project in New South Wales. Corazon Mining completed the testwork on a composited sample of drill core from recent drilling undertaken at the Cobalt Ridge deposit. […]

Genesis Minerals Results Enhance Ulysses Underground Potential

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported further results from the current resource upgrade and extensional drilling program underway at the company’s 100 per cent-owned Ulysses gold project, south of Leonora in Western Australia. Genesis Minerals said the latest batch of assays had provided further evidence of the potential for a standalone underground mining […]

Cobalt Blue Holdings Confirms Railway Mineralisation Grade

THE DRILL SERGEANT: Cobalt Blue Holdings (ASX: COB) released initial assays from its a resource definition drilling program underway at the company’s Thackaringa cobalt project in New South Wales. Cobalt Blue Holdings declared the results to have demonstrated strong continuity of cobalt mineralisation along both strike and down dip of previous drilling carried out at […]

BC Iron to Become BCI Minerals

THE BOURSE WHISPERER: BC Iron (ASX: BCI) is set to change the company’s name in a bid to reflect its broadening horizons. BC Iron announced that, in accordance with a special resolution passed by shareholders at the company’s Annual General Meeting it will now be known as BCI Minerals Limited. The company explained it is […]

In The Front Bar 2017

IN THE ROADHOUSE: The Roadhouse looks back on the events that kept its regulars entertained throughout 2017 3 Feb 2017 Returning to The Roadhouse after a well-deserved break we were greeted by a scene that would not have been out of place in a 1960s sci-fi film. All the regulars were there, seated around the […]

Tyranna Resources Acquiring Kalgoorlie Gold Producer

THE BOURSE WHISPERER: Tyranna Resources (ASX: TYX) has entered into a binding agreement to acquire the advanced Eureka gold project from Canadian TSX Venture Exchange-listed Central Iron Ore Limited. Tyranna Resources said the project, which hosts the Eureka open cut gold mine, will provide the company with a potential cash generating asset that can be […]

Matsa Resources Defines Gold Zone at Red Dog Project

THE DRILL SERGEANT: Matsa Resources (ASX: MAT) has completed an initial RC drilling program at the company’s Red Dog gold project in Western Australia. The project is located 25 kilometres west of the company’s Fortitude gold project where trial mining is underway. Matsa Resources said the drilling program, which consisted of 103 RC holes aimed […]