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Sheffield Resources returns high-grade infill drilling results from Thunderbird

THE DRILL SERGEANT: Sheffield Resources (ASX:SFX) has announced high-grade results achieved from infill drilling at the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in northwest Western Australia. The results relate to 110 infill aircore drill holes the company completed at Thunderbird during 2015 subsequent to the release of the current Mineral […]

Pioneer Resources nicks key nickel sulphide indicators at Fairwater

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has intersected key nickel sulphide indicators while completing a diamond core drilling program at the company’s Fairwater nickel project, located in the Albany Fraser Orogen in south east Western Australia. Pioneer completed three diamond core holes during the current program, each of which the company said had intersected […]

Altech Chemicals granted Kerrigan project licence

THE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) has been granted exploration licence E70/4718, also known as the Kerrigan project, located approximately 20 kilometres south of the Western Australian wheat belt town of Hyden and 335km south east of Perth. The licence covers an area of approximately 480 square kilometres on freehold agricultural land. It contains […]

Impact Minerals encounters high-grade zinc at Red Hill

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has received some high-grade zinc-silver and lead assays from the Red Hill prospect, part of the company’s Broken Hill project in New South Wales. The company explained the zinc-lead-silver mineralisation occurs within a 60 metre thick zone of what it described to be ‘Broken Hill-style mineralisation’ hosted by […]

St George drilling for gold at Ascalon

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has been awarded a drilling grant by the West Australian Government’s Exploration Incentive Scheme (EIS). The company said the EIS dollars would be spent on gold exploration at its 100 per cent-owned East Laverton project, in particular on the new Ascalon gold prospect. St George has identified […]

Blackham Resources draws down $7M to advance Matilda

THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has negotiated an early drawn down $7 million on its $30 million undrawn debt facility with Orion Mine Finance. Blackham said the early drawdown funds would be used to fast track the company’s Matilda gold project towards production. The Matilda gold project is located at the northern end […]

Cassini Resources announces maiden Resources estimate for Succoth copper deposit

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has released a maiden Mineral Resource estimate for the Succoth copper deposit, which is part of the company’s 100 per cent-owned West Musgrave project in Western Australia. The maiden Inferred Mineral Resource totals 156 million tonnes at 0.60 per cent copper at a 0.3 per cent copper cut-off […]

MZI Resources hits nameplate throughput at Keysbrook Wet Concentrator Plant

THE BOURSE WHISPERER: MZI Resources (ASX:MZI) announced the Wet Concentrator Plant (WCP) at it’s the company’s Keysbrook project, located 70 kilometres south of Perth, has exceeded nameplate throughput capacity over five consecutive days. By doing so the plant has satisfied the requirements of the performance test component needed for WCP commissioning. Operational responsibility for the […]

Antipa Minerals takes up former Newcrest ground

THE BOURSE WHISPERER: Antipa Minerals (ASX: AZY) has swallowed up ground that used to belong to Newcrest Mining Limited in Western Australia. In January 2015 Newcrest Mining relinquished mining leases M45/247 and M45/248. These are located approximately 40 kilometres north of the Telfer gold mine and mineral processing facility, and within Antipa Minerals’ North Telfer […]

Renascor Resources picks up South Australia graphite project

THE DRILL SERGEANT: Renascor Resources (ASX: RNU) has entered into a binding agreement to secure an option over the Arno graphite project, an advanced graphite project in South Australia’s Eyre Peninsula. Renascor believes the project offers large tonnage, high quality graphite potential. High-grade, coarse-flake graphite intersections have been encountered in eight holes drilled to date […]