ALL THE NEWS
Flinders hits new bedded iron at Blackjack
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Flinders Mines (ASX: FMS) has encountered new high-grade and near surface bedded iron (BID) mineralisation at the company’s wholly-owned Pilbara iron ore project (PIOP) in the Pilbara region of Western Australia. Infill and near resource extensional drilling was carried out at the PIOP’s Blackjack deposit and assays have been received for a […]
Centaurus increases Cadonga Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has reported an increase in the DSO Mineral Resource for the company’s 100 per cent-owned Candonga iron ore project in south-east Brazil. The updated JORC 2012 Mineral Resource estimate for the DSO (Direct Shipping Ore) component of the Candonga project now stands at 1.2 million tonnes (Mt) grading […]
Maximus returns pleasing results at Narndee
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Maximus Resources (ASX: MXR) has received further assay results a recently completed drilling campaign on the company’s Narndee poly-metallic project located northeast of Perth in the Murchison region of Western Australia. Maximus said 12 Reverse Circulation (RC) drill holes were completed across two mineralised targets, to follow-up previous drilling on the E59/908 […]
Empire to buy out JV partner
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Empire Oil & Gas (ASX: EGO) has reached a deal with its major shareholder and Joint Venture partner ERM Power (ASX: EPW), which the company said is aimed at unlocking the full value of its exploration acreage in Western Australia’s Perth Basin. Under the agreement, Empire will gain control of the largest […]
Tiger to acquire remaining Kipoi project interest
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Tiger Resources (ASX: TGS) has reached an agreement to acquire the remaining 40 per cent shareholding in Société d’Exploitation de Kipoi SA (SEK), which is the owner of the Kipoi copper project in the Democratic Republic of Congo. The Tiger Group currently holds 60 per cent of the shares in SEK. Once […]
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. Board composition resolved Blackham Resources (ASX: BLK) announced Joseph Gutnick has resigned from the Board of the company effectively immediately. The company also advised that Mazil Pty Ltd, a company of which Gutnick is a director and shareholder […]
Crusader intercepts high-grade iron
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Crusader Resources (ASX: CAS) has reported high-grade iron results from a diamond drilling program currently underway at the company’s Posse iron ore project, near Belo Horizonte in Brazil. The company has received results for the first six holes, which it explained to be part of a larger program (12 holes completed to […]
Horseshoe Metals encouraged by Kumarina copper hits
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has received final assay results from a recently completed drilling program at the company’s Kumarina copper project, located in the Gascoyne district in Western Australia. Drilling was carried out at the Snell North, Kumarina Deeps and Kumarina copper mine targets and consisted of 14 Reverse Circulation (RC) holes. […]
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. Diamond drilling commences at BM1 Encounter Resources (ASX: ENR) has commenced diamond drilling at the BM1 prospect at the company’s Yeneena project in Western Australia. The diamond drill […]
What the Researchers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Forte Consolidated (ASX: FRC) Forte Consolidated is implementing a diligent and scientific approach to exploration with great success, as evidenced by the highly prospective Sledgehammer and Szarbs prospects. Both prospects exhibit co-incident geochemical and geophysical anomalies, consistent with […]