ALL THE NEWS
3D Oil announces additional funding from Beach Energy
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: 3D Oil (ASX: TDO) announced Beach Energy (ASX: BPT) has agreed to increase its funding of the expanded Flanagan 3D seismic survey in the T/49P permit in the offshore Otway Basin. The Flanagan survey is now programmed to record 974 square kilometres of full-fold data, as opposed to the original 755sqkm permit […]
Triangle Energy to be appointed operator of Pase PSC
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Triangle Energy (ASX: TEG) informed the market of the Indonesian Energy and Mineral Resources Ministry’s (ESDM) decision on the contract status of the Pase Production Sharing Contract (PSC). The Indonesian Minister of Energy and Mineral Resources, Sudirman Said, has confirmed the Pase oil and gas block in Aceh is to be managed […]
RMG drilling generates encouraging copper hits
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: RMG Limited (ASX: RMG) has received assay results from the first three diamond drill holes undertaken on the San José open pit at the company’s Tuina copper project in northern Chile. Results include: TD001 42 metres at 2.1 per cent copper from 17m; TD002 83m at 1 per cent copper from 31m; […]
Hot Chili continues mineralisation at Alice
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Hot Chili (ASX: HCH) has received results from a second round of drilling recently undertaken at the Alice discovery at the company’s Productora copper project. Hot Chili claims the results have highlighted the potential for a substantial increase in Mineral Resources and Ore Reserves for the project. The company said the latest […]
Orion Gold encouraged by Connors Arc geophysical results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Orion Gold (ASX: ORN) has been encouraged by the receipt of promising initial results from the first lines of a geophysical survey being undertaken at the Aurora Flats prospect, located within the company’s 100 per cent-owned Connors Arc epithermal project in Central Queensland. The first two lines of the high resolution IP/resistivity […]
Bulletin assigns further project interest to Pacific Niugini
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bulletin Resources (ASX: BNR) has assigned a 16 per cent interest in the Halls Creek Nicholson’s project in Western Australia to Pacific Niugini (ASX: PNR) upon completion of $1.2 million in expenditure on the project. The ownership of the project is now: Pacific Niugini 65 per cent, Bulletin 35 per cent. The […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Managing Director Resigns Robert Mencel has resigned his position as managing director of IronClad Mining (IFE: ASX). Mencel was appointed in 2012 to develop the Wilcherry Hill iron ore project. “During his time at the helm the iron […]
Resolute Mining hits high-grade gold at Bibiani
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Resolute Mining (ASX: RSG) has encountered a series of high-grade gold intercepts from the initial holes of an extensive surface and underground diamond drilling program being undertaken at the company’s Bibiani gold project in Ghana. The recent surface and underground diamond drill program intersected high-grade gold mineralisation including: 30.9 metres at 13.32 […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Drilling to Commence Axiom Mining (ASX: AVQ) has kicked off drilling at the Isabel nickel project in Solomon Islands. “This program will focus on areas suitable for early […]
FAR completes Senegal drilling program
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: FAR Ltd (ASX: FAR) and its Joint Venture partners have completed drilling operations on the SNE-1 well in Senegal with plans now underway to appraise the discovery. Far explained the well discovered oil in the upper Albian sandstone target, however no hydrocarbons were subsequently encountered in the deeper target of karstified and […]