ALL THE NEWS
Blackham Resources awards Matilda contracts
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has selected contractors for mining, tailings dam construction and the power station at the company’s 5.1 million ounce Matilda gold project in Western Australia. Blackham made the appointments having recently received final approvals to commence operations at the project. It has selected MACA Limited as the open pit […]
Dacian Gold confirms Westralia underground potential
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dacian Gold (ASX: DCN) has received good news for its strategy to develop two high-grade underground mines at the company’s 100 per cent-owned Mount Morgans gold project (MMGP) in Western Australia. The company has produced a series of high-grade drilling results from the Westralia Underground deposit which, along with the Morgans Underground […]
Pioneer Resources raises cash for exploration drive
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) plans to undertake a share purchase plan (SPP) to raise up to $2.5 million. This follows the completion of the placement of approximately 89.3 million new shares at an issue price of 3.6 cents per share, which raised approximately $3.2 million. Funds raised are expected to be used […]
Blackham Resources takes Matilda over 5M ounce mark with Moonlight Shear Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has released a maiden resource estimate for the Moonlight Shear deposit, located within the company’s Matilda gold project in Western Australia. The Resource for Moonlight Shear has come in at 2.6 million tonnes at 4.6 grams per tonnes gold for 381,000 ounces of gold with 10 per cent […]
Cassini Resources encounters broad zinc zones at West Arunta
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received results from a recently-completed maiden drilling program carried out at the company’s 100 per cent-owned West Arunta project in Western Australia. The drilling is the first ever drill program conducted for sedimentary zinc at the West Arunta project and targeted two ferruginous outcrops with the aim […]
Vimy Resources upgrades Mulga Rock Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Vimy Resources (ASX: VMY) has released an upgrade to the Ambassador Resource Estimate for the company’s Mulga Rock project (MRP). The estimate was completed inhouse and validated by the independent resource consultant, AMC Consultants and is based on an in-fill drill program completed earlier this year. The Ambassador resource currently makes up […]
Lithium Australia builds tenement portfolio to support technological edge
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: Lithium Australia (ASX: LIT) was one of the first ASX-listed companies to realise lithium’s potential. The company came to market spruiking the development of radical disruptive processing technology that it subsequently applied to lithium silicates. Lithium Australia’s trademarked Sileach process is a hydrometallurgical method of recovering lithium from spodumene, currently the primary […]
Gold Road’s simple, fast track strategy to 2018 gold production
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: The Gold Road Resources (ASX: GOR) story may be simple, but it remains, nevertheless, a very impressive success story. By Mark Mentiplay It is a simple success story, five years in the making that should take Gold Road Resources’ Gruyere gold project from discovery to gold production. Gold Road has increased the […]
Altona Mining releases Turkey Creek Reserve estimate
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Altona Mining (ASX: AOH) has released the first Ore Reserve estimate for the Turkey Creek deposit, part of the company’s Cloncurry copper project near Mt Isa in Queensland. The Turkey Creek Reserve estimate is: 11.3 million tonnes at 0.46 per cent copper for 52,100 tonnes of contained copper. “This Ore Reserve Estimate […]
Gold Road confirms high-grade gold at YAM14 prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has intersected high‐grade primary gold mineralisation during its initial program of diamond drilling at the YAM14 prospect. The mineralisation was encountered in a discrete shear zone below previous Reverse Circulation (RC) drilling. Diamond drillhole 16DHDD0002 intersected 3.05 metres at 4.89 grams per tonne gold from 137.68 metres […]