ALL THE NEWS

Thunderbird PFS results drive Sheffield Resources straight into BFS

THE INSIDE STORY: Sheffield Resources’ (ASX: SFX) 100 per cent-owned Thunderbird mineral sands project possesses a number of very prominent attributes. Located on the Dampier Peninsula, about 60 kilometres west of Derby, and 25km north of the sealed Great Northern Highway joining Derby and Broome, Thunderbird is the first major mineral sands discovery in the […]

Azure Minerals recives metallurgic test results from Mesa de Plata

THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) reported encouraging results from preliminary metallurgical testwork carried out on silver mineralisation from Mesa de Plata, which is part of the company’s Alacrán project located in the northern Mexican state of Sonora. “Metallurgical recovery was always going to be critical to this deposit and these very favourable results […]

Metalicity identifies new mineralised zones at Admiral Bay

THE DRILL SERGEANT: Metalicity (ASX: MCT) has identified two zones of zinc and lead mineralisation sitting outside of the existing Mineral Resources Estimate on the company’s 100 per cent-owned Admiral Bay zinc project, located in Western Australia. The first of these zones, DD89SS17 is located one kilometre northeast of the Admiral Bay MRE and comprises […]

Rox closes off 2015 with impressive zinc intersection at Teena

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has finished 2015 with a bang by reporting another big result from diamond drilling being carried out at the Teena zinc prospect, which forms part of the company’s Reward project in the Northern Territory. Hole TNDD022 was the fourth and final hole drilled at Teena this year, producing […]

Taruga Gold inks Farm-In Agreement with Newcrest

THE BOURSE WHISPERER: Taruga Gold (ASX: TAR) has signed a binding Farm-in Agreement with big boy gold producer, Newcrest Mining (ASX: NCM). Taruga is the 100 per cent owner of the Dabakala project, located in Cote d’Ivoire (Ivory Coast). Under the terms of the agreement, Newcrest will be able to earn a 75 per cent […]

Straits Resources name change sets up big New Year

THE BOURSE WHISPERER: Straits Resources (ASX: SRQ) informed the market it will be renamed Aeris Resources Limited (ASX: AIS), a change that is expected to occur within the next week. The name change was approved by the company’s shareholders at an Extraordinary General Meeting (EGM). The meeting also voted in the affirmative for a longer‐term […]

Kin Mining encounters high-grade gold at Merton’s Reward

THE DRILL SERGEANT: Kin Mining (ASX: KIN) has hit a high grade gold intersection during recent drilling carried out at Merton’s Reward, part of the company’s Leonora gold project in Western Australia. The intersection was encountered whilst drilling the T1 target and, according to the company, has defined an extension to the Merton’s Reward ore […]

Breaker Resources hits Gold lode at Lake Roe

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) is currently aircore drilling in the Eastern Goldfields of Western Australia just south of the two kilometre-long Lake Roe gold system. The company said the drilling has encountered sulphide-rich lode gold mineralisation over a nine metre down-hole interval from hole BAC1061. Although gold is evident in panned samples, […]

Marindi Metals awarded WA Government EIS drilling co-funding

THE DRILL SERGEANT: Marindi Metals (ASX: MZN) has picked up $107,250 in funding from the latest round of the Western Australian Government’s Exploration Incentive Scheme, (EIS). The company applied for the funding to enable it to drill three deeper diamond holes into the Prairie Downs Fault Zone (PDFZ) between the Wolf prospect and the Prairie […]

PFS de-risks Matilda Gold Project

THE INSIDE STORY: As it moves closer to becoming the next Australian gold producer Blackham Resources (ASX: BLK) rarely has time to stand still. The company recently finalised a Pre-Feasibility Study into its 100 per cent-owned Matilda gold project, located near Wiluna in Western Australia. Although impressive, the PFS results were quickly outdated with Blackham […]