ALL THE NEWS
Musgrave Minerals Restarts Drilling at Break of Day and Lena
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) is back out in the field with a program of reverse circulation (RC) drilling at the Break of Day and Lena gold prospects on the Cue project, in Joint Venture with Silver Lake Resources (ASX: SLR) in the Murchison region of Western Australia. Musgrave Minerals said the RC […]
Rox Resources Ready to Grow, Ready to Drill
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: Rox Resources (ASX: RXL) was like a kid anticipating Christmas as it waited to receive a $20.6 million cash and receivables package for the sale of the company’s Reward zinc project in the Northern Territory. Rox Resources signed the definitive Sale and Purchase Agreement with Teck Australia Pty Ltd in January, divesting […]
Neometals Prepares for Life Beyond Mt Marion
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: A maiden shipment of lithium concentrates to China enables Neometals (ASX: NMT) to focus on downstream lithium processing in Kalgoorlie and fine tuning processing of titanium from its Barrambie project. Neometals and Mt Marion lithium project partner Mineral Resources (ASX: MIN), recently completed the first shipment of lithium concentrates from Mt Marion […]
Cassini Resources Hitches Prospects to One Tree Hill
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: One drill hole at One Tree Hill has strengthened Cassini Resources’ (ASX: CZI) belief in the exploration upside remaining in the company’s West Musgrave project in Western Australia. The West Musgrave project (WMP) is subject to an Earn-in/ Joint Venture Agreement between Cassini Resources and OZ Minerals (ASX: OZL). OZ Minerals can […]
Southern Gold receives third $2M profit share distribution from Cannon gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Southern Gold (ASX: SAU) has received payment of the third profit share distribution from the company’s operating Cannon open-pit gold mine near Kalgoorlie in Western Australia. Southern Gold explained the Cannon gold mine operations committee resolved to pay $4 million in distributions: $2 million to the company with the processing plant, Westgold […]
Lithium Australia Signs German MoU and Farm-In Deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has entered into a binding Memorandum of Understanding (MoU) to form a Joint Venture with Tin International AG, a subsidiary of German-listed company Deutsche Rohstoff AG. Lithium Australia explained the JV will include the Sadisdorf deposit, located in Saxony, Germany. Under the terms of the deal, Lithium Australia […]
Montezuma Mining Confirms Pinnacles Cobalt Mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Montezuma Mining Company (ASX: MZM) claims to have confirmed potential for high-grade cobalt associated with manganese-nickel oxide mineralisation during an ongoing historic data review at the company’s 100 per cent-owned Pinnacles project. The Pinnacles project is located north east of Kalgoorlie, approximately 50 kilometres from the company’s Lake Johnston lithium project. Montezuma […]
St George Mining to Commence MLEM Survey at Mt Alexander
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) is about to commence a large moving loop electromagnetic (MLEM) survey at the company’s Mt Alexander project in Western Australia. St George Mining said the MLEM would be carried out to further explore three priority target areas it has identified from high resolution magnetic data produced by […]
Musgrave Minerals Sells Fraser Range Tenements to Legend Mining
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Legend Mining (ASX: LEG) has purchased two granted exploration licences from Musgrave Minerals (ASX: MGV), located in the Fraser Range district of Western Australia. Legend Mining said the 238.5 square kilometre tenements are contiguous with the company’s Rockford project. Legend’s total tenement holding in the Fraser Range is now 2,792.5sqkm, comprising nine […]
Lithium Australia and Lepidico Settle Differences
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced the settlement of hostilities with Lepidico (ASX: LPD). Lithium Australia announced litigation with Lepidico subsidiary, LiTechnology Pty Ltd has been settled by mutual agreement. All commercial details of the settlement remain confidential. What Lithium Australia could announce publicly subsequent to the settlement, however, was that the three […]