ALL THE NEWS
GBM signs Share Acquisition Framework Agreement with Chinese conglomerate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: GBM Resources (ASX: GBZ) announced the signing of a Share Acquisition Framework Agreement with Chinese state-owned enterprise Jiangxi Centre Mining Co Ltd (JCM). JCM is a business unit of the Jiangxi Provincial Bureau of Coal Geology, a large Chinese industrial conglomerate actively engaged in mineral exploration, mineral development, engineering construction and property […]
Resolute Mining Bibiani Scoping Study leads to Feasibility Study
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Resolute Mining (ASX: RSG) has received positive results from a first pass Underground Scoping Study conducted at the company’s Bibiani gold project in Ghana. The company said the results of the study had encouraged it to make the immediate decision to commence a Feasibility Study at the project in 2016. The results […]
Birimian Gold defines mineralised extensions to Massigui gold zones
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Birimian Gold (ASX: BGS) has reported final analytical results from Reverse Circulation (RC) and Aircore (AC) drilling programs recently undertaken at the company’s Massigui gold project in southern Mali. Birimian said the latest results had confirmed presence of extensive shallow gold mineralisation at the Viper and Koting prospects while supporting potential to […]
Kidman Resources on track for Burbanks gold production
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kidman Resources (ASX: KDR) is making steady progress towards its plan to restart production at the company’s recently acquired Burbank’s gold mine in Western Australia. The company said all efforts are currently ahead of schedule and it remains on track to commence gold production in the September Quarter. Kidman plans to source […]
Mungana announces commencement of Newcrest exploration
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mungana Goldmines (ASX: MUX) couldn’t wait to tell everybody that Newcrest Mining (ASX: NCM) has commenced exploration work as part of an exploration agreement at the company’s Chillagoe project in North Queensland. Under the agreement, Newcrest is required to spend up to $20 million on exploration over a period of up to […]
Orinoco testwork confirms high gold, low costs at Cascavel
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Orinoco Gold (ASX: OGX) announced results of metallurgical testwork at the company’s Cascavel gold project in Brazil. Cascavel said the testwork, carried out by Gekko Systems, has confirmed the process flow-sheet for the Cascavel project. Orinoco appointed Gekko Systems to construct a 15 tonne per hour gravity gold plant for Cascavel, for […]
Blackham Resources re-enters The Golden Age
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The mining team of Blackham Resources (ASX: BLK) has re-entered the Golden Age area of the company’s Wiluna underground gold mine in Western Australia. Golden Age is a high-grade free milling reef with historic production of 160,000 ounces of gold at 9 grams per tonne. It has a remaining resource of 0.6 […]
Musgrave kicks off drilling at Mamba in the Fraser Range
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has kicked off a round of reverse circulation (RC) drilling at the M8 high-conductance basement electromagnetic (EM) target on the company’s wholly-owned Mamba Exploration Licence (E28/2405) in the Fraser Range of Western Australia. “The M8 conductor is a late time basement response with a modelled conductance of approximately […]
Sandfire confirms copper on Talisman’s Monty
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sandfire Resources (ASX: SFR) announced further results from drilling being carried out at the Springfield project, part of its joint venture with Talisman Mining (ASX: TLM). Sandfire said the results from drill hole TLDD0004A – or the Monty prospect, as Talisman call it – confirm the intersection of a zone of high-grade […]
Winners are grinners in WA Exploration Incentive grants
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Western Australia Mines and Petroleum Minister Bill Marmion announced successful applicants for Round 11 of the Co-funded Drilling Program at the Association of Mining and Exploration Companies convention during the week. “This is about identifying potential new mines and the jobs and opportunities they can deliver for West Australians,” Marmion said in […]