ALL THE NEWS
Sirius Resources signs three-year copper deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sirius Resources (ASX: SIR) has struck an agreement with Trafigura to sell planned Nova copper sulphide concentrate production for a period of three years from commencement of production. Sirius described Trafigura as one of the largest physical commodities trading groups in the world, with experience in the supply and transport of concentrates. […]
Metals of Africa commences Resource definition drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metals of Africa (ASX: MTA) has commenced drilling at the company’s Montepuez Central graphite project in the Cabo Delgado graphite province of Mozambique in East Africa. The program will target areas of near‐surface, high-grade mineralisation at the project area and has been designed to deliver a maiden JORC 2012 Resource Estimate. The […]
Rox Resources confirms Sabre nickel discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) claims to have confirmed its recent nickel discovery at the Sabre prospect on the company’s 100 per cent-owned Fisher East nickel project north of Kalgoorlie in Western Australia. Rox has received RC results from the Sabre prospect, which are following up aircore results reported earlier this year. RC […]
Potash West deal ensures funding for South Harz potash project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Potash West (ASX: PWN) informed the market that a binding term sheet has been executed between East Exploration Pty ltd and Petratherm Limited (ASX: PTR). The deal is important to Potash West, as the company owns 55 per cent of East Exploration, with the balance held privately. “We have signed a binding […]
Dacian reveals new Resource for Heffernans gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dacian Gold (ASX: DCN) has released a maiden Mineral Resource estimate for its Heffernans gold discovery, located within the Jupiter prospect, which is situated within the eastern half of the company’s 100 per cent-owned Mt Morgans project west of Laverton in Western Australia. The Heffernans Resource has added a further 709,000 ounces […]
Kin Mining updates Leonora gold project Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kin Mining (ASX: KIN) has reported completion of a JORC 2012-compliant Mineral Resource Estimation audit at the three main project areas of the company’s Leonora gold project in Western Australia. The three areas Mertondale, Cardinia and Raeside have undergone review and data compilation taking the total Mineral Resources at the Leonora gold […]
Ramelius Resources gets Kathleen Valley go-ahead
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has declared ‘All Systems Go’ at the company’s Kathleen Valley gold project, located north of Leinster in Western Australia. Ramelius has received the final outstanding statutory approval to commence mining at the project and has quickly moved to begin site mobilisation and infrastructure. Open pit mining is expected […]
Gold Road confirms Smokebush mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) announced it has confirmed gold mineralisation and the orientation of a mineralised structure at the Smokebush Dolerite Target the company discovered in March this year. The confirmation has come through a program of follow‐up Reverse Circulation (RC) drilling at the Smokebush Dolerite Target, which occurs in the […]
Empire sell last Carnarvon asset to concentrate on Perth Basin
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Empire Oil & Gas (ASX: EGO) announced the sale of the company’s remaining tenements in the Carnarvon Basin region of Western Australia. Empire said the final sale will allow the company to focus solely on unlocking the value of its vast acreage in the Perth Basin. The deal entails the sale of […]
Titan Energy commences flow testing at Allen Dome
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Titan Energy (ASX: TTE) has commenced commercial production on the initial test well of the company’s 2015 multi-well developmental drilling program on Allen Dome. The company announced the JT Reese #14 to be flowing 100 per cent high gravity (44°) oil at 80psi on a 16/64 choke. In the first 72-hours of […]