ALL THE NEWS
Blackham Resources claims discovery of repeating lodes at Matilda
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received further drill results from the company’s Matilda gold project in Western Australia, which has identified two new highly prospective lodes. Drilling at M10 East in-filled the current resource block model and Blackham said the results are in line with its expectations. Drilling at M6 North (800m […]
Lithium Australia expands Pilgangoora footprint with Venus Metals MoU
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithium Australia (ASX: LIT) and Venus Metals Corporation (ASX: VMC) have executed a Memorandum of Understanding (MoU) to initially test the commercial lithium potential of Venus’ holdings in the Pilbara region of Western Australia. The MoU will focus on Venus’ Pilgangoora project, southeast of Port Hedland with a broad objective to determine […]
On The Drill Bit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Companies getting busy to get drilling this week include, Alloy Minerals, Azure Minerals, Lodestar Minerals, and Metminco. 2016 Exploration Program kicks off at Horse Well Alloy Resources (ASX: AYR) advised the market that managing Joint Venture partner Doray Minerals (ASX: DRM) has commenced the 2016 drilling campaign at the Horse Well gold […]
Stavely Minerals acquires North Queensland gold play
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Stavely Minerals (ASX: SVY) has added a prospective new gold-copper project in North Queensland to its project portfolio. The company said the Ravenswood West project Exploration Permit Application (EPM) 26041, located near the historical mining centre of Charters Towers and the multi-million ounce Ravenswood goldfield in North Queensland, was complementary to the […]
Like leopards, nickel projects don’t change their spots
/in Uncategorized /by Wally GrahamTHE INSIDES STORY: It’s no secret that commodity prices across the board took a battering towards the end of 2015 and the nickel price was caught up in the carnage. The New Year started badly for the sector with Panoramic Resources (ASX: PAN) announcing the suspension of operations at its Savannah mine in Western Australia, […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our panels of experts cast their respective oculars over Hexagon Resources, and Altura Mining. Website: www.breakawayresearch.com Company: Hexagon Resources Limited (ASX: HXG) Following a challenging period associated with the failed Hengda merger, Hexagon Resources (previously Lamboo Resources), under new management, has now regrouped and has had success in its […]
Breaker Resources drilling to confirm Bombora gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Breaker Resources (ASX: BRB) informed the market it has commenced RC drilling on the Bombora prospect, part of the company’s 100 per cent-owned Lake Roe project, located east of Kalgoorlie in Western Australia. The drilling will be focusing on an exploration target of high-grade gold mineralisation hosted primarily by an 800 metre-thick […]
Lithium Australia confirms high-grade pegmatites at Ravensthorpe
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lithium Australia (ASX-LIT) has taken receipt of assay results from maiden rock-chip sampling and mapping carried out at the company’s 100 per cent-owned Ravensthorpe project, west of Esperance in southern Western Australia. LIT claims the results have confirmed the presence of high-grade lithium pegmatites. The company focussed the recent fieldwork on detailed […]
Pioneer Resources drilling moves towards gold Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pioneer Resources (ASX: PIO) released final assay results from three phases of drilling completed between October and December 2015 at the company’s 100 per cent-held Acra gold project, located northeast of Kalgoorlie in Western Australia. During the final quarter of 2015, Pioneer completed over 5,000 metres of drilling – including 3,936m of […]
Altura Mining receives good news from Pilgangoora PFS
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Altura Mining (ASX: AJM) has received results of a Mining Preliminary Feasibility Study carried out on the company’s Pilgangoora lithium project, located south of Port Hedland in Western Australia. The study was completed by Western Australian-based mining consultants Orelogy Consulting, which has now been commissioned to further develop the scope of the […]