ALL THE NEWS
Rox hits wide copper intersection at Cannonball
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has received further encouragement from a recent Reverse Circulation (RC) drilling program at carried out at the Musket and Cannonball prospects. The two prospects are located within the company’s 100 per cent-owned Fisher East nickel project, 500 kilometres north of Kalgoorlie in Western Australia. The company said it […]
Impact extends Commonwealth drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has taken the decision to carry out a further 500 metres of RC and diamond drilling in the maiden drill program being conducted at the company’s 100 per cent-owned Commonwealth project, located near Orange in New South Wales. Impact Minerals explained the decision came after earlier drilling had […]
Kibaran upgrades Epanko Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has announced an upgraded JORC 2012-compliant Mineral Resource for the company’s Epanko prospect in Tanzania. The company released a total Indicated and Inferred Mineral Resource of 22.7 million tonnes grading 9.8 per cent total graphitic carbon (TGC), for just over 2.2 million tonnes of contained graphite. Mineral […]
West African Resources hits extension of Mankarga 5
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: West African Resources (ASX: WAF) has reported further high-grade gold results from oxide resource definition drilling at the company’s Mankarga 5 deposit in Burkina Faso. WAF said the step-out oxide drilling has intercepted the Mankarga 5 structure 500 metres northeast of the existing resource on sections NE1400 and NE1500 and remains open […]
BC Iron to expand with acquisition of IOH Holdings
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: BC Iron (ASX: BCI) and Iron Ore Holdings (ASX: IOH) have entered into a Bid Implementation Agreement. Under the terms of the offer BC Iron will acquire all of the issued shares of IOH via an off-market takeover offer, which will result in IOH shareholders receiving 0.44 new BC Iron shares and […]
Flinders encounters high-grades at PIOP
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Flinders Mines (ASX: FMS) has encountered high-grade and near surface hematite mineralisation during recent new drilling being undertaken at the company’s wholly-owned Pilbara iron ore project (PIOP) in the Pilbara region of Western Australia. Infill drilling currently underway at the PIOP’s Blackjack deposit, has intersected high-grade mineralisation. To date, 145 holes have […]
Doray releases maiden Judy reserve
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Doray Minerals (ASX: DRM) provided jaded delegates a reason to get out of bed early for the opening session of Day Three at Diggers & Dealers. The company announced an increase in the Mineral Resource and a maiden high-grade Ore Reserve for the Judy Lode deposit located immediately adjacent to the Wilber […]
MacPhersons increases Nimbus underground reserve
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: The news flow has kept pace on Day Three at Diggers & Dealers with MacPhersons Resources (ASX: MRP) claiming a big move forward in its strategy to extend the mine life of the company’s Nimbus silver-zinc-gold project in Kalgoorlie. MacPhersons has increased the underground Ore Reserve at Nimbus following a preliminary underground […]
Hot Chili welcomes Chilean major
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Hot Chili (ASX: HCH) saved its best for the last day of Diggers & Dealers by announcing a joint infrastructure agreement with Chilean resources major Compañía Minera del Pacífico S.A (CMP), which will emerge with a 17.5 per cent stake in the Productora copper project in Chile. “It is a milestone we […]
West African announces further drill results
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: West African Resources (ASX: WAF) announced further high-grade gold results from oxide resource definition drilling at the company’s Mankarga 5 deposit in Burkina Faso. The results are from the north-eastern sections of the Mankarga deposit, which WAF has carried out infill drilling on 50m spaced drill lines. The company anticipates the results […]