ALL THE NEWS
Vimy Resources upgrades Ambassador Resource at Mulga Rock uranium project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Vimy Resources (ASX: VMY) has announced an updated estimate for the Ambassador Resource, part of the company’s Mulga Rock uranium project (MRUP) near Kalgoorlie in Western Australia. The estimate has been based on an extensive in-fill drill program the company completed and announced earlier this year. According to Vimy the Ambassador resource […]
Metallica confirms Direct Shipping Bauxite at Urquhart Point
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallica Minerals (ASX: MLM) has received results from further analysis of Direct Shipping Bauxite (DS Bauxite) at the Company’s Urquhart Point bauxite project near Weipa on Queensland’s Cape York Peninsula. According to Metallica the results have demonstrated the ability of the project to produce high available alumina recovery. The results also returned […]
Kibaran Resources to raise $4.1M to advance Epanko
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) showed that money talks when projects walk the walk with the announcement it has received firm commitments to raise $4.1million through an equity placement. In addition, a Share Purchase Plan is to be offered to all eligible shareholders on the same terms as the Placement to raise $1 […]
Impact assays high grades of rare PGM elements at Broken Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has received assay results, which it claims have confirmed the presence of high-grade and potentially economic rare platinum group metals (PGM) on the company’s 87 per cent-owned Broken Hill Joint Venture project in New South Wales. The company said the results add to both the mineralised and economic […]
PLD Corporation gets Federal Court approval for Admiral Bay acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: PLD Corporation (ASX: PLD) announced it has finalised the Sale Agreement related to the Admiral Bay zinc project with Kagara Limited and that the deal has been given the go-ahead by the Federal Court of Australia. PLD claims the Admiral Bay zinc project to be one of the world’s largest undeveloped zinc […]
Intermin Resources strikes JV with La Mancha for Binduli gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Intermin Resources Limited (ASX: IRC), with its 100 per cent-owned subsidiary Black Mountain Gold Limited, has struck a farm-in and Joint Venture agreement with La Mancha Resources Australia Pty Ltd. Under the deal Intermin can earn up to 70 per cent of the prospective Binduli gold project near Kalgoorlie in Western Australia. […]
Orinoco to commence underground development at Cascavel
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The Board of Orinoco Gold (ASX: OGX) has formally approved commencement of underground mine development at the company’s Cascavel gold project in central Brazil. A mining team is to start the excavation and development of the main incline shaft, which will provide access to the high-grade ore zones. This is scheduled to […]
Rox Resources highly-encouraged by recent Fisher East drilling results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) reported it is making encouraging progress with an exploration drilling program being undertaken at the company’s Fisher East nickel project north of Kalgoorlie in Western Australia. Rox has completed the first stage of aircore drilling with 67 holes drilled to confirm targets which will be followed up by […]
Corazon Mining releases Resource for combined Lynn Lake nickel project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining (ASX: CZN) released a JORC 2012-compliant Resource Estimate for the company’s Lynn Lake nickel-copper project in Canada. The company said the new estimation combines and upgrades resources previously reported in both JORC 2004 and NI43-101 (Canadian) reporting standards, while incorporating new areas of mineralisation defined by the previous mining operation. […]
Nickel – a welcome distraction
/in Uncategorized /by Wally GrahamROADHOUSE COMMENT: Are there any other commodities to talk about other than iron ore? As it turns out there are, and one likely to be turning a few heads in the not too distant future is nickel. At this year’s PDAC Convention in Toronto, Royal Nickel Corporation president & CEO Mark Selby presented his insights […]