ALL THE NEWS

Peel Mining drilling again in Cobar hotspot

the inside story: When you’re a junior exploration play seeking that elusive company-making deposit it pays to have the right geology, but the location can be just as important in getting a discovery over the line. By Stephen Bell Perth-based Peel Mining (ASX: PEX) looks to have both sides of the equation covered at the […]

Pioneer sets a fast pace in Lithium

THE INSIDE STORY: If lithium is the metal of the moment then Pioneer Resources has timed its run into the light metal with consummate timing. By Stephen Bell In early March Pioneer was diligently exploring three gold and nickel assets in Western Australia but failing to get much traction with investors. A month-and-a-half later Pioneer […]

Gold and Lithium lead Capital Raising Revival

THE CONFERENCE CALLER: BDO partner natural resources James Mooney provided delegates at the 2016 RIU Sydney Resources Round-up with some thought-provoking insights into the fund raising activities of the junior sector for the first quarter of 2016. Since 2013, BDO has been providing analysis in regards to the cash positions of exploration companies. When it […]

Vital Metals raises $800,000 for West Africa exploration

THE BOURSE WHISPERER: Vital Metals (ASX: VML) announced it has raised $800,000 via a share placement to fast-track gold exploration and pre-development activities at the company’s high-grade Kollo gold project in Burkina Faso, West Africa. The company said it intends using the proceeds of the share placement to: Undertake in-fill drilling and extensional drilling along […]

Potash West extends potash and phosphate mineralisation at Dinner Hill

THE DRILL SERGEANT: Potash West (ASX: PWN) reported results of drilling undertaken in March 2016 on the company’s Dinner Hill project within the Dandaragan Trough area in Western Australia. The drilling program consisted of 20 vertical aircore holes across tenements E70/4609 and E70/4138 with the stated objective to test for a southern extension of potash […]

Azure Minerals encounters big gold hits at Loma Bonita

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) informed the market that on-going diamond drilling being carried out at the company’s Alacrán project in Mexico has intersected a thick zone of high-grade gold mineralisation at the Loma Bonita prospect. Results include: MDPD-012 48 metres at 2.68 grams per tonne gold and 23.1m at 32g/t silver, including […]

St George hits massive sulphides with Stricklands maiden drilling program

THE DRILL SERGEANT: St George Mining (ASX: SGQ) continued its recent love affair with the drill bit by announcing it has intersected massive nickel-copper sulphides in the first ever drilling carried out at the Stricklands prospect, part of the company’s Mt Alexander project in Western Australia. Drill holes MAD20, MAD22 and MAD23 targeted separate modelled […]

Gold Road Resources granted Yamarna Mining Leases

THE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) announced the signing of a native title agreement, enabling the granting of mining leases covering the company’s Gruyere, Central Bore and Attila projects. These leases are all owned 100 per cent by Gold Road, and are located in the Yamarna Greenstone Belt, approximately 200 kilometres east of […]

S2 Resources confirms Swedish VMS-Style zinc

THE DRILL SERGEANT: S2 Resources (ASX: S2R) has received assay results from its first two drill holes carried out at the company’s 100 per cent-owned Skellefte project in Sweden. S2R said the drilling had confirmed the presence of zinc mineralisation at the Svan Vit prospect on the Skellefte project. Down hole electromagnetic (DHEM) surveying in […]

Impact Minerals identifies new targets at the Doughnut Prospect

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified three new priority drill targets for gold, silver, copper, lead and zinc mineralisation at the Doughnut prospect, located about 1,500 metres north of the Commonwealth deposit at the company’s 100 per cent-owned Commonwealth project in New South Wales. The targets have been identified as areas of […]