ALL THE NEWS

Sheffield extends Thunderbird

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) announced recently-received drilling results from the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in northwest Western Australia. Results of initial assay batches from 37 extension, infill and groundwater monitoring drill holes from the 2014 aircore drilling program have been received, which the company claims […]

Rumble identifies potential feeder zone at Big Red

THE DRILL SERGEANT: Rumble Resources (ASX: RTR) has completed 3D inversions of a recently-flown airborne magnetics survey at the company’s Big Red project, located in the Northern portion of the Fraser Range Belt in Western Australia. The company said the 3D inversion results have highlighted a large area that is both conductive and magnetic. The […]

Swala Energy awarded Zambia exploration Block

THE ROADHOUSE BOWSER: Swala Energy (ASX: SWE) announced its 93 per cent-owned subsidiary company, Swala Energy (Zambia) Limited, has been formally awarded hydrocarbon exploration rights over Block 44 in the Republic of Zambia. The company announced in May it had been offered exploration rights over Block 44 and was awaiting the formal award of the […]

Laconia review extends Favi Vent Zone mineralisation

THE DRILL SERGEANT: Laconia Resources (ASX: LCR) has received more good news from its ongoing review of historical data at the company’s Kimsa Orcco project in Peru. The review has produced further high-grade copper-gold-silver-tellurium results from exploration work completed by Buenaventura Ingenieros SAC during 1999, 2001 and 2002. This work consisted of surface channel sampling, […]

Cardinal claims third high-grade gold discovery

THE DRILL SERGEANT: Cardinal Resources (ASX: CDV) has claimed the discovery of a third sub‐parallel zone of high-grade gold mineralisation at the Namdini Mining Licence. Cardinal said the third sub‐parallel zone had been confirmed during a Phase II RC drilling program at the Namdini gold bearing mining licence located within the company’s Bolgatanga project in […]

Bassari releases Makabingui maiden Reserve

THE DRILL SERGEANT: Bassari Resources (ASX: BSR) has announced a maiden gold Ore Reserve from the company’s Makabingui gold project in Senegal, West Africa. The company explained the conversion of Indicated Resources to Ore Reserves is for the initial stage of the project, which is focused on high-grade zones within the one million ounce gold […]

Orthocell receives Australian patent for rotator cuff tendon injuries

THE ROADHOUSE PHARMACY: Orthocell Limited (ASX: OCC) has been granted an Australian patent covering use of biological materials to repair damaged tendons described as ‘Tenocyte Containing Bioscaffolds and Treatment Using the Same (PCT/AU2008/000583)’. Orthocell explained the patents protect its intellectual property for the preparation of bioscaffolds and tendon stem cells to treat rotator cuff tears […]

Hammer enhances Kalman open pit potential

THE DRILL SERGEANT: Hammer Metals (ASX: HMX) reported the thickest and highest grade molybdenum-rhenium intersection yet from the company’s 100 per cent-owned Kalman copper-gold-molybdenum-rhenium deposit. The hole (K132) was part of a recently-completed Reverse Circulation (RC) drilling program consisting of 10 holes at the Kalman, Overlander North, Dronfield, Even Steven and Trafalgar prospects near Mount […]

Oil discovery adjacent to Sun Resources’ Jack Howe #1H

THE ROADHOUSE BOWSER: Sun Resources (ASX: SUR) announced that EOG Resources Inc. reported a 24-hour flow rate for the Zeus #1H horizontal Lower Woodbine well. The well is adjacent to the east of the Jack Howe #1H well location within Sun’s Normangee oil project. Sun (50 per cent WI and Operator) has contracted the Nabors […]

Rox readies to fire at Musket and Cannonball

THE INSIDE STORY: A good deal of recent commodity market commentary has held a particular fondness for the future prospects, both short and long-term, in relation to the prices of nickel and zinc. There are, at present, a healthy number of nickel/zinc exploration plays hitting the radar screens of these well-informed analysts and among these […]