ALL THE NEWS
St George Mining Hits More Copper at Mt Alexander
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) claimed discovery of further massive nickel-copper sulphides at the Investigators prospect during a drill program currently underway at the company’s Mt Alexander project in Western Australia. St George Mining said three of the five drill holes it has completed to date have been successful in testing three […]
Ironbark Zinc Ready to Meet Demand
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: If our Prime Minister was to pay as much attention to the resources sector as he should, he would most probably declare that we are currently in a very exciting time to be a near-term zinc producer. Global zinc demand is being forecast to increase on the back of the closure of […]
Lithium Australia Mexico JV Commences Agua Fria Drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lithium Australia (ASX: LIT), with Joint Venture partner Alix Resources has commenced a 3000 metre drilling program at the Agua Fria lithium prospect, part of the companies’ Electra joint venture (LIT 49%, AIX 51%) in Mexico. Lithium Australia said the Agua Fria target has been traced for approximately five kilometres along strike, […]
Avalon Minerals Drilling at Viscaria Copper Project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Avalon Minerals (ASX: AVI) commenced a program of diamond drilling on the company’s Viscaria copper project, located near Kiruna in northern Sweden. Avalon Minerals outlined the drilling schedule, which will progress from the old Viscaria Mine to a target that is an interpreted northern extension of the D Zone orebody. Drilling will […]
Alloy Resources Field Work Progresses Ophara Cobalt Project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alloy Resources (ASX: AYR) has completed a round of field exploration work at the company’s Ophara project located 50 kilometres west of Broken Hill in New South Wales. Alloy Resources explained the recent field examination activities of historical GEOTEM anomalies involved a systematic inspection of EM anomaly peaks and trends carried out […]
Gascoyne Resources Delivers More Results from Sly Fox Prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) received further assay results from RC drilling undertaken at the Sly Fox prospect, located within the company’s 100 per cent-owned Dalgaranga gold project in Western Australia. Gascoyne Resources said the latest RC results from the recent Sly Fox gold discovery include: 23 metres at 1.6 grams per tonne […]
Sheffield Resources signs Offtake MoUs for Thunderbird
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) signed two memorandums of understanding (MoUs) for the future sale of premium zircon from the company’s Thunderbird mineral sands project, in Western Australia. Sheffield Resources said the MoUs are non-binding and have been signed with an industry leading Indian ceramics company, Ruby Ceramics Pvt Ltd, and a well-established […]
Peel Mining Receives Funding Boost from St Barbara Share Splurge
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Peel Mining (ASX: PEX) has welcomed established ASX-listed gold producer St Barbara (ASX: SBM) to its share register following the latter’s subscription for $3.28 million of Peel shares. Pell Mining said the premium-priced placement will give St Barbara an approximate 9.5 per cent stake in the company. The placement comprises the issue […]
Echo Resources Drills Encouraging Results at Orelia
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Echo Resources (ASX: EAR) took receipt of results from the first six reverse circulation (RC) drill holes completed within the company’s Orelia gold deposit, located approximately eight kilometres from the Bronzewing Processing Hub in Western Australia. Echo Resources said the results had raised its confidence levels that Orelia may be an ideal […]
Alliance Resources Scores High-Grades at Wilcherry JV
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alliance Resources (ASX: AGS) received results for circulation (RC) drilling carried out on Target 3 at the Weednanna gold prospect in South Australia. Alliance Resources explained Weednanna is the most advanced gold prospect at the Wilcherry project Joint Venture between Alliance (51%) and Tyranna Resources (ASX: TYX) (49%). The RC drilling program […]