ALL THE NEWS
Venturex Resources updates Kangaroo Caves Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Venturex Resources (ASX: VXR) has upgraded the Mineral Resource for the Kangaroo Caves copper-zinc deposit, part of the company’s Pilbara base metal project, located east of Port Hedland in the Pilbara region of Western Australia. The new Resource has come in at 3.55 million tonnes grading 6 per cent zinc, 0.77 per […]
GBM Resources data review identifies gold mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: GBM Resources (ASX: GBZ) has carried out a review of the exploration data has available in regards to the company’s 100 per cent-owned Mount Coolon gold project, located near Charters Towers in Central Queensland. According to GBM the review has identified pronounced gold mineralisation at the Bimurra gold prospect. As a result, […]
Explaurum receives positive results from drilling at Tampia gold project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Explaurum Limited (ASX: EXU) announced positive results from a diamond drilling program at the company’s Tampia gold project, east of Perth near the wheat belt township of Narembeen. Explaurum picked up the Tampia gold project as part of its recent acquisition of Auzex Exploration. In April 2015, an updated 2012 JORC Inferrred […]
Sheffield Resources validates Dozer Trap Mining for Thunderbird
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has completed a metallurgical testwork program at the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in Western Australia. The sampling collected over 100 tonnes of bulk sample using a large Bauer drilling rig, the type that is usually used to install construction foundations, which […]
Atherton Resources hits big zinc outside King Vol Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Atherton Resources (ASX: ATE) has hit some impressive zinc intersections – outside the existing Mineral Resource – while drilling at the company’s King Vol project in Queensland. In its release to the ASX Atherton claimed the drilling had encountered hits of up to 50 per cent zinc, which it said will form […]
Ventnor Resources encouraged by first Black Dragon drilling results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ventnor Resources (ASX: VRX) has received first assay results from the initial drill program to be carried out at the company’s Black Dragon gold project in Western Australia. Black Dragon is located 370 kilometres north-east of Kalgoorlie and 22 kilometres north-east of AngloGold Ashanti (ASX: AGG) (70%) and Independence Group (ASX: IGO) […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Companies getting busy on the drill bit this week include Syndicated Metals, Pioneer Resources, and Enterprise Metals. Borg Drilling to Commence Enterprise Metals (ASX: ENT) has completed a second heritage clearance survey with the Native Title Claimants for the Borg prospect, part of the company’s Doolgunna project in the Fraser Range region […]
New Malcolm puts Bill on notice
/in Uncategorized /by Wally GrahamROADHOUSE EDITORIAL: Keep your friends close, but keep your enemies closer is an adage attributed to many people throughout history, the first being Chinese general and military strategist Sun-tzu. Our favourite soothsayer is Michael Corleone, who uttered the phrase in The Godfather Part II, but it was no doubt spoken in hushed tones by then […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Anatolia Energy and Xanadu Mines. Website: www.breakawayresearch.com Anatolia Energy (ASX: AEK) Anatolia Energy is an ASX‐listed exploration company holding an extensive portfolio of uranium licences and advanced exploration and development projects in the Republic of Turkey. In February 2015, Anatolia Energy […]
Orinoco Gold limbering up for Cascavel gold production
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Orinoco Gold (ASX: OGX) informed the market of the progress the company is making in regards to development activities at its Cascavel gold mine in central Brazil. Orinoco declared it is running on schedule to achieve first gold production from Cascavel in early 2016. In July the company took the decision to […]