ALL THE NEWS
Sandfire Resources announces commissioning of DeGrussa Solar Project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) announced the new solar power facility at the company’s 100 per cent-owned DeGrussa copper-gold mine in Western Australia has achieved full generation capacity. The facility is currently generating approximately 7MW of power, which Sandfire said was in line with seasonal expectations. Solar generating output will ramp up during […]
Terramin hits high-grade gold at Bird-In-Hand
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Terramin Australia (ASX: TZN) has received the first assay results from diamond drill core samples completed at the company’s Bird-in-Hand gold project. Results were received from two holes drilled on the Red Reef target at the project, returning: BH054 5.8 metres at 37.43 grams per tonne gold from 192.9m down hole, including […]
Jindalee Resources applies for diamond licence
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Jindalee Resources (ASX: JRL) has applied for an Exploration Licence (E80/5027) covering the Aries kimberlite cluster, including the Aries, Athena, Helena and Persephone diamondiferous kimberlite pipes. The Aries project is located in the Kimberley region of Western Australia, approximately 270km east of Derby and 230km west of the Argyle diamond mine. Jindalee […]
Havilah Resources banks first gold payment
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Havilah Resources (ASX: HAV) is feeling rather pleased with itself following the completion of the first gold sales from the company’s Portia gold mine. Havilah notched-up approximately $266,000 after settlement costs, from the sale of approximately 165 ounces of gold (approximately 5kg). The company explained the cash represented its 50 per cent […]
Kairos Minerals confirms high-grade lithium and tantalum at Mt York
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kairos Minerals (ASX: KAI) has received analytical results from an initial campaign of reconnaissance rock chip sampling recently undertaken at the company’s Mt York lithium-gold project. The project is located in the emerging lithium-endowed Pilgangoora Region of Western Australia’s East Pilbara. Kairos said the samples from its recent work had returned encouraging […]
Metalicity signs Chinese Mou to raise $3M
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metalicity (ASX: MCT) has struck a non‐binding Memorandum of Understanding (MoU) and made a placement to raise approx. $3 million with members of the China Battery Association. The MoU is with China New United Shanghai Metal Resources Co, Ltd (Shanghai Metals), which Metalicity said will advance the company’s lithium exploration and business […]
Lincoln Minerals granted Mineral Lease for Kookaburra Gully graphite project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lincoln Minerals (ASX: LML) has been granted a Mineral Lease by the South Australian Government for the company’s wholly-owned Kookaburra Gully graphite project on South Australia’s Eyre Peninsula. Lincoln has been granted ML 6460, through its wholly-owned subsidiary, Australian Graphite Pty Limited, for a period of 21 years commencing on 3 June […]
Varsican Mines releases Porte-aux-Moines Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Variscan Mines (ASX: VAR) announced a maiden JORC 2012-compliant resource calculation for the Porte-aux-Moines (PAM) volcanogenic massive sulphide (VMS) deposit within the company’s Merléac exploration licence in Brittany, France. The JORC Mineral Resource has been calculated at: 2.2 million tonnes at 6 per cent zinc, 1.3 per cent lead, 0.8 per cent […]
Southern Gold intersects mineralised alteration zones at Tooting Bec
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Southern Gold (ASX: SAU) recently completed a program of seven Reverse Circulation (RC) drill holes at the Tooting Bec prospect, on the company’s 100 per cent-owned mining lease E25/349 in Western Australia. The drilling was carried out to evaluate anomalous gold grades within several historical RAB drill holes at the Tooting Bec prospect, […]
Metalicity applies to extend Admiral Bay tenement holding
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metalicity (ASX: MCT) has submitted six new exploration licence applications (E04/2443-2448) surrounding the company’s existing Admiral Bay zinc project in Western Australia. The new applications cover an area of 3,300 square kilometres along a total strike length of approximately 130 kilometres of the Admiral Bay Fault zone in the central Canning Basin. […]