ALL THE NEWS
Northern Star buys Jundee gold mine from Newmont
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources (ASX: NST) has entered into a binding purchase agreement to acquire 100 per cent of the Jundee gold mine in Western Australia from Newmont Yandal Operations, a wholly-owned subsidiary of Newmont Mining Corporation, for $82.5 million in cash. The acquisition will increase Northern Star’s annual production from around 350,000 […]
Uscom receives US Patent notification
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Uscom Limited (ASX: UCM) has received a Notice of Allowance from the US Patents Office for a new US Patent for the non-invasive measurement of suprasystolic blood pressure. The patent method is central to the operations of the company’s BP+ suprasystolic oscillometric blood pressure monitor. Uscom said the BP+ has been recognized […]
Blackham drills best results yet at Galaxy
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from a 23 hole RC drill program, which has delivered the best results to date from the Galaxy deposit. The Galaxy deposit is the most advanced of a number of quartz reef prospects located in the northern portion of the company’s recently-acquired Matilda gold project. […]
Impact identifies new drill priorities at Commonwealth project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX:IPT) has defined two new priority areas for follow up drilling at the company’s 100 per cent-owned Commonwealth project in New South Wales. These two areas have been defined from gold-and silver-in-soil anomalies and assays from rock chip samples and lie within a 2.5 kilometre long mineralised structure Impact recently […]
Apollo Minerals pinpoints IOCG target at Mars Aurora Tank
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Apollo Minerals (ASX: AON) has claimed to have identified a large-scale, high priority iron-oxide-copper-gold (IOCG) target at the Mars Aurora Tank prospect at the company’s Titan base-precious metals project, in South Australia. Apollo identified the new target from a combination of recent ground gravity survey and historic high-resolution airborne magnetic and radiometric […]
Bone Medical gets approval for human clinical study
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Bone Medical Ltd (ASX: BNE) has received approval to proceed with a planned human clinical study, the company announced to the Australian Securities Exchange in April 2014. Bone Medical said the study will compare the company’s potential oral treatment for osteoporosis against a commercially available injectable osteoporosis treatment. The study has been […]
Atlas Iron doubles Corunna Downs estimate
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Atlas Iron (ASX: AGO) has doubled the JORC Code-compliant resource estimate at the company’s Corunna Downs project in Western Australia. The resource currently stands at 51 million tonnes at 57.3 per cent iron, which the company said is on track to meet its exploration target of 100 to 150 million tonnes at […]
Transport Minister says YES for Esperance port expansion
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The Yilgarn Esperance Solution (YES) consortium has been anointed by Western Australia Transport Minister Dean Nalder to design, build and operate the new Esperance Port Multi-User Iron Ore Export Facility (MUIOF). The expansion is set to double the port’s iron ore export capacity, taking it from around 11 million tonnes per annum […]
Apollo Minerals kicks off IP Survey
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Apollo Minerals (ASX: AON) let the market know High Power Exploration Inc. (HPX) has commenced exploration in the company’s new IOCG frontier in the north-western Gawler Craton in South Australia. Earlier this year Apollo and HPX entered into a strategic alliance and joint venture to explore a tenement package currently 100 per […]
Cassini bags BHP bundle
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Junior exploration play Cassini Resources (ASX: CZI) recently caused a minor tremor on the boards of the Australian Securities Exchange. The excitement followed the company’s announcement it had executed a Sale and Purchase Agreement to acquire 100 per cent of the West Musgrave project in Western Australia. While the acquisition of such […]