ALL THE NEWS

All The Gongs For 2017

CONFERENCE CALLER: The Diggers and Dealers Mining Forum Awards were presented at the closing night gala dinner. DIGGER OF THE YEAR This year’s Digger of the Year award went to St Barbara Mines (ASX: SBM). Diggers and Dealers said the award this year did not recognise the largest producer or the most aggressive corporate developer, […]

Rumble Resources Commences Braeside VTEM Survey

THE DRILL SERGEANT: Rumble Resources (ASX: RTR) has commenced a helicopter-borne electromagnetic geophysical (VTEM) survey at the company’s Braeside zinc – lead project, located east of Marble Bar in the East Pilbara region of Western Australia. Rumble Resources said the VTEM survey is stage 2 of the first modern systematic exploration program to be conducted […]

Metals X Confirms Nifty Extension Potential

THE DRILL SERGEANT: Metals X (ASX: MLX) reported the outcome of the first step-out drill hole undertaken one kilometre down plunge of the current Nifty orebody at the company’s 100 per cent-owned operation in Western Australia. Metals X claimed the drilling intercepted multiple mineralisation zones over 30 metres. The company explained that the first hole […]

Southern Gold Releases Seventh Cannon Profit Distribution

THE BOURSE WHISPERER: Southern Gold (ASX: SAU) announced payment of the seventh profit share distribution from the company’s Cannon gold mine southeast of Kalgoorlie in Western Australia’s Eastern Goldfields. Southern Gold said the Cannon gold mine operations committee resolved to pay a further $3 million in profit distributions, or $1.5 million to Southern Gold as […]

Red River Resources Secures Zinc and Lead Offtake Agreements

THE BOURSE WHISPERER: Red River Resources (ASX: RVR) has finalised offtake agreements for zinc and lead concentrates to be produced from the company’s Thalanga zinc project, located in Northern Queensland. Red River said the agreement had been struck between its wholly-owned subsidiary Cromarty Resources and Trafigura Pte Ltd. The Offtake agreements are fixed tonnage contracts, […]

Musgrave Commences Next Round of RC Drilling at Break of Day

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has commenced reverse circulation (RC) drilling at the company’s wholly-owned high-grade Break of Day gold deposit on the Cue project in the Murchison region of Western Australia. Musgrave Minerals said the planned RC drilling program will consist of 12 drill holes for a total of 2,500 metres armed […]

Dacian Gold Encounters Big Gold Intercept at Cameron Well

THE DRILL SERGEANT: Dacian Gold (ASX: DCN) announced that all six of the first‐ ever reconnaissance diamond drill holes to be completed at the Cameron Well prospect have intersected bedrock gold mineralisation. Dacian Gold said the drilling at Cameron Well, located within the company’s 100 per cent‐owned Mt Morgans gold project in Western Australia, included […]

Day Two Presenters Push Through Second Day Blues

CONFERENCE CALLER: Presenting companies on Day Two of Diggers and Dealers started encouragingly, but faded towards the end of the session. The second morning of the conference is traditionally low key with delegates suffering from a lack of sleep compared to their freshness on Day One. Most of the companies presenting earlier in the day […]

Typhoon Possibly Next Gold Rush to Storm The Gawler Craton

  THE INSIDE STORY: Tyranna Resources (ASX: TYX) controls more than 9,700 square kilometres of ground in the northern Gawler Block of South Australia’s Gawler Craton. By Ron Berryman Tyranna Resources is hoping the results of drilling at the company’s Jumbuck gold project later this year will herald the next million ounce deposit in this […]

Alloy’s Focus on Cobalt Gaining Momentum

THE INSIDE STORY: Alloy Resources (ASX: AYR) is confident its 100 per cent-owned Ophara cobalt-gold project in the Broken Hill region of New South Wales is in an emerging hot new area for cobalt in Australia. By Margie Livingston Alloy Resource believes it has a unique cobalt-gold prospect with excellent potential. “It’s hard to find […]