ALL THE NEWS

Metalicity completes first pass Pilgangoora South Drilling

THE DRILL SERGEANT: Metalicity (ASX: MCY) has completed first pass wide spaced reverse circulation (RC) drilling of 11 holes at the Stannum prospect, within the company’s Pilgangoora South lithium project in Western Australia. Metalicity said the drilling intersected very thick albite rich lithium‐caesium‐tantalum (LCT) type pegmatites, including an area with a vertical thickness of at […]

Azure Minerals upgrades Mesa de Plata silver Resource

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced an upgrade of the Mineral Resource Estimate for the Mesa de Plata silver deposit at the company’s Alacrán gold, silver and copper project located in Sonora, Mexico. Azure Minerals said the Resource upgrade came on the back of an additional 3,000 metres of Reverse Circulation (RC) infill […]

Goldphyre Resources rebrands as Australian Potash

THE BOURSE WHISPERER: Goldphyre Resources (ASX: GPH) passed a resolution at the company’s Annual General Meeting to change its name to Australian Potash Limited. As a result of the name change, from 1 December 2016, the ASX ticker code will change from GPH to APC. Email: info@australianpotash.com.au Website: www.australianpotash.com.au

Cassini Resources in Pre-Christmas Drill Frenzy

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has moved a second drill rig to its West Musgrave project Joint Venture with OZ Minerals (ASX: OZL) in Western Australia. Cassini Resources said the current drilling program was progressing well, leading to the positioning of the second drill rig to ensure the program is completed prior to […]

Potential of Gruyere Deposits Enhanced by $350M Joint Venture

THE INSIDE STORY: Gold Road Resources (ASX: GOR) has developed a well-earned reputation for being a company that delivers on what it sets out to do – with interest. Gold Road Resources made no secret it was exploring the option of bringing in  a Joint Venture partner to assist in developing its 6.2 million ounce […]

Western Areas Inks New Deal with BHP Billiton Nickel West

THE BOURSE WHISPERER: Western Areas (ASX: WSA) has negotiated and entered into a new Offtake Contract with BHP Billiton Nickel West. Western Areas stressed this is a new contract and not an extension of the previous arrangement between the two companies, which will be completed on 31 January 2017. The key terms of the Contract […]

Altona Mining Identifies Three New Copper Systems at Roseby South

THE DRILL SERGEANT: Altona Mining (ASX: AOH) claimed discovery of three new copper gold systems at the company’s 100 per cent-owned Roseby South project near Mt Isa in Queensland. Altona Mining completed a reconnaissance Reverse Circulation (RC) drilling program at the Roseby South testing three prospects; Harvest, Reaper and Hobby, defining large copper-in-soil anomalies greater […]

Allan Kelly Resigns as Doray Minerals MD

THE BOURSE WHISPERER: Doray Minerals (ASX: DRM) announced the resignation of the company’s managing director, Allan Kelly, citing personal reasons, after seven and a half years at the helm. Kelly was founding managing director, kicking the company off in mid-2009, taking it through the pre-IPO stage to listing on the ASX in February 2010. History […]

Kin Mining Strikes Exclusivity Agreement for Gold Fields’ Lawlers Processing Plant

THE BOURSE WHISPERER: Kin Mining (ASX: KIN) signed an exclusivity agreement in respect to acquiring the Lawlers processing plant from Gold Fields. Kin mining said the plant, which has been on care and maintenance for 18 months, has a capacity of approximately 800,000 tonnes a year, making it potentially ideal for use at the company’s […]

Corazon Mining hits High-Grade Cobalt Intersections at Mt Gilmore

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) released high-grade cobalt intersections from the first batch of assay results from a maiden drilling program at the company’s Mt Gilmore cobalt-copper-gold project in north-eastern New South Wales. Corazon Mining had focused the drilling on the high-grade Cobalt Ridge prospect and, according to the company, the assay results […]