ALL THE NEWS
Musgrave Minerals Continues Near-Surface Gold Hits at Lena
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) received a further eleven drill holes from a reverse circulation (RC) drilling program at the Lena gold prospect on the Cue project in the Murchison region of Western Australia, a Joint Venture with Silver Lake Resources (ASX: SLR). Musgrave Minerals said the latest results are encouraging and support […]
Peel Mining Reports Best Wirlong Copper Intercept
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Peel Mining (ASX: PEX) announced the best copper intercept it has reported to date at the company’s 60 per cent-owned Wirlong prospect near Cobar in western New South Wales. Peel Mining said the intercept of 17 metres at 4.59 per cent copper and 8 grams per tonne silver from 738m, achieved in […]
WPG Resources Encouraged by First Challenger Deeps Gold Assays
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: WPG Resources (ASX: WPG) described recent gold assays from the first hole in the company’s Challenger Deeps drilling program as ‘highly encouraging’. WPG Resources explained the hole (17CUD2071) was designed to target the M1, Aminus and Challenger West lodes. The company said the assay results it had received for this drill hole […]
Sheffield Resources Inks Third Thunderbird Offtake MoU
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) signed a further memorandum of understanding (MoU) for the future sale of premium zircon from the company’s Thunderbird mineral sands project in Western Australia. Sheffield Resources said the non-binding MoU was signed with Sukaso Ceracolors Pvt Ltd, India’s largest ceramic raw materials supplier and will account for approximately […]
Alliance Gold Hits Healthy Gold Numbers at Weednanna Prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alliance Resources (ASX: AGS) released results from reverse circulation (RC) drilling underway at Targets 1 and 2 at the Weednanna gold prospect, part of the Wilcherry Project Joint Venture in South Australia between Alliance (51%) and Tyranna Resources (ASX: TYX) (49%). Alliance Resources explained the RC drilling program was designed to test […]
Image Resources Increases Boonanaring Ore Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Image Resources (ASX: IMA) announced a 39 per cent increase in the total tonnes of ore reserves for the company’s 100 per cent-owned Boonanarring minerals sand project in the North Perth Basin of Western Australia. Image Resources explained the increase in ore reserves follows drill results the company achieved earlier this year, […]
Avalon Minerals Farms-in to Ecuadorian Gold-Copper Concession
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Avalon Minerals (ASX: AVI) has signed a Binding Letter Agreement with Cornerstone Capital Resources through its subsidiary La Plata Minerales S.A. (PLAMIN). Avalon Minerals will have the right to earn a majority interest in the 4,949 hectare Bramaderos concession in southern Ecuador, subject to satisfaction of certain conditions. Avalon said the Bramaderos […]
Neometals Announces Mt Marion Interest Sell-Off
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Neometals (ASX: NMT) woke the market with a start by announcing it has given notice to its Joint Venture partners in the Mt Marion lithium project of its decision to sell all the company’s 13.8 per cent stake in the project vehicle, Reed Industrial Minerals Pty Ltd (RIM), for around US$96 million […]
Aruma Resources Granted New Tenement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aruma Resources (ASX: AAJ) has been granted the Slate Dam gold tenement east of Kalgoorlie in Western Australia. Aruma Resources said the new tenement sits adjacent to the company’s Glandore Joint Venture with Southern Gold (ASX: SAU) and its Goddards Dam project. The company claimed the tenement to cover highly anomalous gold […]
Plymouth Minerals Achieves High lithium recoveries at San Jose
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) achieved high lithium recovery results from an ongoing metallurgical testwork program underway at the company’s advanced San Jose lithium project in Spain. Plymouth Minerals said the initial results it had received from this first pass metallurgical testwork program had exceeded its expectations. The testwork used a sulphuric acid […]