ALL THE NEWS
St George readies for drilling of Investigators EM conductors
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) is set to test three new EM conductors at the Investigators prospect as part of an upcoming drill program scheduled to commence at the company’s Mt Alexander project in July 2016. The Investigators prospect is located in the interpreted western extent of the Cathedrals fault zone, and […]
Corazon Mining identifies high-grade copper at Mount Gilmore
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining (ASX: CZN) has encountered high-grade copper mineralisation during a recently completed surface rock-chip sampling program at the company’s newest undertaking, the Mount Gilmore cobalt-copper-gold project in New South Wales. “A total of 76 rock-chip samples were taken within the project and submitted for analysis in May 2016,” Corazon Miing said […]
Gold Group preparing for big run at Diggers & Dealers
/in Uncategorized /by Wally GrahamGold Group preparing for big run at Diggers & Dealers OUT AND ABOUT: The Roadhouse was rubbing shoulders with the mining industry hoi polio last week when we attended the Gold Industry Group’s inaugural industry networking event. The soiree was held at The Perth Mint and was attended by the Western Australia Minister for Mines […]
Gryphon Minerals sells out to Teranga Gold Corporation
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gryphon Minerals (ASX: GRY) has entered into a Scheme Implementation Agreement (SIA) with Teranga Gold Corporation (TSX:TGZ) (ASX:TGZ), under which Teranga is set to acquire all of the ordinary shares of Gryphon. Under the terms of the SIA, each Gryphon share will be exchanged for 0.169 common shares of Teranga or 0.169 […]
Lithium Australia and US Masters consolidate Lake Johnston pegmatites
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has struck a strategic consolidation deal US Masters Holdings (ASX: USH) in regards to the Lake Johnston lithium pegmatite field in Western Australia. Under the deal LIT gains a prime position in new pegmatite discoveries with the company to hold lithium rights over three licences that dominate coverage […]
Metalicity buys out Kagara’s Admiral Bay interest
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metalicity Limited (ASX: MCT) has completed commercial negotiations with liquidating Kagara Limited, which has resulted in the signing of a Deed of Release and Termination covering all potential future payments and obligations relating to the acquisition of the Admiral Bay zinc project. Metalicity explained the Deed of Release and Termination extinguishes all […]
Doray completes first shipment of Deflector concentrate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Doray Minerals (ASX: DRM) has shipped the first shipment of gold‐ copper concentrate from the company’s Deflector gold project. The company also announced the commencement of underground development following establishment of the portal at the mine. “Deflector is Australia’s newest high‐grade gold mine and is located in the southern Murchison region of […]
St George assays confirm high-grade Mt Alexander massive sulphides
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) has received the first laboratory assays received for recent diamond drilling carried out on the company’s Mt Alexander project. The company said the assays have confirmed that drilling at the Cathedrals prospect has intersected high-grade nickel‐copper sulphide mineralisation with high values of cobalt and PGEs (Platinum Group […]
World-class Resource wakes slumbering sector
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: The Australian investment community finally took note of how impressive the Teena zinc deposit of Rox Resources (ASX: RXL) actually is. All it took to shake everybody up was the release of a world-class Mineral Resource for Teena, placing it on par with the world’s largest zinc deposits. Utilising a six per […]
Impact Minerals well-funded to expand Commonwealth Gold Project
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Impact Minerals has managed to achieve what any number of ASX-listed companies would have been very happy to emulate in the past 12 months. By Mark Mentiplay That has been to maintain positive momentum throughout the recent downturn, which is directly attributable to the company’s willingness to get out and do what […]