ALL THE NEWS
Marmota Energy identifies big copper target
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Marmota Energy (ASX: MEU) has completed a program of infill geochemical sampling and geophysical surveys on the company’s West Melton copper-gold project, located on the Yorke Peninsula in South Australia. The program has defined a geochemical target the company considered to be ready for immediate drill testing. Source: Company announcement […]
Excelsior Gold pleased with Kalgoorlie North PFS results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has received positive results from a Pre-Feasibility Study (PFS) into the development of the company’s Kalgoorlie North gold project. The PFS was based on development of a multiple open pit and underground mining operation centred on the Zoroastrian gold system located 45 kilometres north of Kalgoorlie in Western […]
Mining Group encounters high-grade copper at El Roble
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mining Group (ASX: MNE) has received results from recent grade control sampling conducted at the Descubridora mine at the El Roble copper project in Chile. Ongoing underground face sampling from Descubridora has returned the highest copper results from the project to date, including: RCPCH00348 3.6 metres at 14.35 per cent copper, 1.36 […]
Panoramic encouraged by Savannah North EM results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Panoramic Resources (ASX: PAN) has received results from a recently-completed electromagnetic (EM) survey of the Savannah North discovery hole, KUD1525 at the company’s Savannah nickel mine in Western Australia. Panoramic recently announced a new discovery zone of mineralisation in drill hole KUD1525 of: 89.3 metres at 1.6 per cent nickel, 0.76 per […]
Genesis Minerals purchases Anglo’s Viking project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Genesis Minerals (ASX: GMD) has purchased the Viking project group 2 tenements of AngloGold Ashanti Australia (ASX: AGG). The project comprises a landholding in the Proterozoic Albany-Fraser Orogen and adjoining eastern margin of the Archaean Yilgarn Craton in the same mineral province that has delivered the Tropicana gold and Nova-Bollinger nickel discoveries. […]
Atlantic Gold wins land dispute
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) welcomed decision by the Supreme Court of Canada to dismiss a former landholder’s application to appeal previous decisions in regard to ownership of the last private property at the company’s Touquoy gold project. The appeal was sought by the former landowner of the last remaining private property (of […]
Good design crucial for Emissions Reduction Fund
/in Uncategorized /by Wally GrahamIN THE LOBBY: APPEA (Australian Petroleum Production & Exploration Association) has said the Australian Government’s Emissions Reduction Fund (ERF) should recognise the Australian gas industry’s contribution to reducing emissions in both Australia and Asia. APPEA’s submission on the ERF Green Paper says the design of Australia’s climate change policy should not deter investment in the […]
New Mining Leases permit swift development
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Brazil-focused gold exploration play Orinoco Gold (ASX: OGX) is poised to become a developer much quicker than it, or the market, anticipated. Taking the company into the development stage is a recent deal struck with Troy Resources (ASX: TRY) to acquire Mining Leases encompassing the Sertão gold mine in central Brazil. […]
Apollo Minerals signs JV with Friedland’s HPX
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Apollo Minerals (ASX: AON) has entered into a strategic alliance with High Power Exploration (HPX), a private company controlled by international mining bigwig Robert Friedland, to explore for base metals in an emerging IOCG frontier in the Northern Gawler Craton in South Australia. The strategic alliance involves a two tranche equity investment […]
Joint Venture announcements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: They say that earning 50 per cent of a project is better than earning 50 per cent of no project. Nido increases Participating Interest to 15 per cent in the Baronang PSC Nido Petroleum (ASX: NDO) has, in accordance with the terms and conditions of the farm-in agreement with Lundin Baronang BV […]