ALL THE NEWS
MOD Resources Doubles Botswana Exploration Budget
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MOD Resources (ASX: MOD) plans to double its exploration budget to approximately $10 million at the company’s Botswana copper project. MOD Resources said the budget increase recognises the substantial untested potential it considers to exists within the company’s regional licence holdings. MOD plans to extend drilling well beyond T3, where a 70 […]
Investment Returning to Junior Exploration Sector
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Queensland Government resources investment commissioner Todd Harrington opened the Brisbane Mining 2017 conference this week by acknowledging the recent tough times endured by the resources sector. “It’s been a pretty rough five years, or more, for investors and the mining community,” Harrington told delegates. But he was emphatic in declaring the industry, […]
Junior Exploration Rise Supported by Global Commodity Demand
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: The recent rise in activity for junior resource companies is directly proportional to the rise in investment cash flowing towards the sector. Austex Mining executive director Rob Murdoch provided the wakeup call for the second day audience at Brisbane mining 2017 with results of research that showed there to be, on average, […]
Blackham Resources Confirms Wiluna Expansion
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources (ASX: BLK) released results of an Expansion Preliminary Feasibility Study (PFS) on the company’s 100 per cent-owned Matilda and Wiluna Gold Operation in Western Australia. Blackham Resources informed the market that the PFS demonstrated robust economics and improved economies of scale supporting an expansion to the operation. The company explained […]
Kin Mining Takes LGP Over 1M Ounces
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kin Mining (ASX: KIN) announced a revised Mineral Resource for the company’s Leonora gold project (LGP) in Western Australia. Kin Mining said the LGP Resources have increased by 42 per cent on the previous estimate, and now total 22.3 million tonnes at 1.43 grams per tonne gold for 1.02 million ounces of […]
Alliance Resources Drills Impressive Numbers at Weednanna
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alliance Resources (ASX: AGS) announced drilling results from a reverse circulation (RC) drilling program at the Weednanna gold prospect in South Australia. The Weednanna prospect is part of the Wilcherry Project Joint Venture between Alliance and Tyranna Resources (ASX: TYX). The RC drilling program was completed in June and was designed to […]
Alto Metals Review of Havilah-Maninga Marley Drilling Comes Up Trumps
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alto Metals (ASX: AME) claimed to have identified the Havilah-Maninga Marley prospect at the company’s 100 per cent-owned Sandstone gold project in Western Australia to have high-grade gold drill intercepts over a strike of 1,500 metres. Alto Metals said the identification stemmed from a compilation of previous explorers’ data the company is […]
Silver City Minerals Drilling at Copper Blow
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Silver City Minerals (ASX: SCI) has commenced drilling at the company’s high-grade Copper Blow project south of Broken Hill. Silver City Minerls said the drilling program will include both reverse circulation (RC) and diamond drilling (DD) and total approximately 2,600 metres. The company outlined its current plan to be to drill ten […]
Southern gold Hits High-Grade Gold at Cannon Underground
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Southern Gold (ASX: SAU) has encountered very high-grade gold results from a 31 hole Reverse Circulation (RC) drill program undertaken at the company’s Cannon gold mine near Kalgoorlie in Western Australia. Southern Gold explained the drilling had been undertaken from the open pit access ramp to define and extend high-grade gold zones […]
Corazon Mining Confirms Large Mineralised Trend at Fraser Lake Complex
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining (ASX: CZN) has received assay results from a Phase 3 drilling program at the Fraser Lake Complex (FLC), near the company’s 100 per cent-owned Lynn Lake nickel-copper-cobalt Mining Centre in Canada. Corazon Mining has been conducting large mineralised system exploration at the FLC since December 2016, which has included drilling, […]