ALL THE NEWS
Pioneer Resources pumps up lithium portfolio
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has added to its recent lithium acquisitions by entering into an Option Agreement to acquire a 90 per cent interest in the Donnelly lithium project, located in the Greenbushes Mineral Field, in south-west Western Australia. The Donnelly project extends from 12km to 60km southwest of the world-class Greenbushes […]
Impact Minerals identifies new targets at Silica Hill and Commonwealth
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has completed a re-interpretation of Induced Polarisation (IP) ground geophysical data at the company’s 100 per cent-owned Commonwealth gold-silver-zinc-lead-copper project, north of Orange in New South Wales. The review has identified three new targets at the Silica Hill prospect and two new targets close to the Commonwealth deposit. […]
Vital Metals uncovers gold potential at Watershed project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Vital Metals (ASX: VML) has carried out an exploration data review, from which it claims to have identified gold exploration potential at the company’s 100 per cent-owned Watershed tungsten project in Queensland. The review identified a number of gold exploration targets within tenement EPM 19089, which forms part of the Watershed project, […]
St George Mining commences drilling at Mt Alexander
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) has kicked off its 2016 drilling campaign at the company’s Mt Alexander project in Western Australia. The program is designed to test eleven targets for massive nickel‐copper sulphide mineralisation. The targets are untested EM conductors St George has identified at the Cathedrals and Stricklands prospects that coincide […]
Australian Bauxite enters into third bauxite marketplace with sale from Bald Hill
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Bauxite (ASX: ABX) has diversified its bauxite market share by moving into the fertiliser and cement markets. Australian Bauxite (ABx) announced its maiden sale, with shipping dates locked-in, of bauxite into the fertiliser and cement markets at prices, it claims to be, considerably higher than the currently over-supplied metallurgical bauxite market. […]
Ausgold Limited hits high-grade shoots at White Dam and Jackson deposits
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ausgold (ASX: AUC) reported encouraging drilling results from the company’s 100 per cent-owned Katanning gold project (KGP) in Western Australia. The company completed one Reverse Circulation (RC) hole at White Dam, which included results of: BSRC0708 2 metres at 20.49 grams per tonne gold from 163m. This result is on the back […]
Gascoyne Resources raises $15M for WA exploration push
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gascoyne Resources (ASX: GCY) has raised an impressive $15 million to fund upcoming exploration programs on high-priority gold targets at the company’s Dalgaranga gold project in the Murchison region of Western Australia, and Glenburgh project in the Gascoyne region of WA. The two projects have combined existing JORC Resources of over two […]
Corazon identifies large geophysical anomalies near Lynne Lake Mining Centre
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining (ASX: CZN) published results of an Induced Polarisation (IP) geophysical survey recently completed at the company’s Lynn Lake nickel-copper- cobalt sulphide project located in the central Canadian province of Manitoba. Corazon conducted 49 kilometres of gradient array IP in a first pass reconnaissance survey over the Fraser Lake Complex (FLC), […]
Gold price up, capital costs down. All’s well along the Gold Road.
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: The broader market may be all doom and gloom after the boom, but gold producers and developers, such as Gold Road Resources (ASX: GOR), are relishing the opportunities being offered by a buoyant gold price. Earlier this year the gold price to a peek over the $1700 mark, which was most encouraging […]
Ausgold confirms high-grade gold extension at Katanning Gold Project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ausgold (ASX: AUC) has completed a round of Reverse Circulation (RC) drilling at the company’s wholly-owned Katanning gold project (KGP), southeast of Perth in Western Australia. Ausgold has received the first batch of laboratory results, which has indicated high-grade gold has been intersected at White Dam, which the company said had confirmed […]