ALL THE NEWS
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. Chief Executive Officer Appointment Otto Energy (ASX: OEL) has appointed Matthew Allen to the position of chief executive officer (CEO), following the mutually agreed resignation of Gregor McNab due to personal reasons. “The Board welcomes Matthew’s appointment as […]
Lamboo encounters encouraging flake graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lamboo Resources (ASX: LMB) has received assay results from an initial 12-hole Phase 1 diamond drilling program completed late last year at the company’s Geumam graphite project in South Korea. Lamboo said the assay results have confirmed broad zones of flake graphite logged in drill holes at Area B as well as […]
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 begin exploration on their ground. Here’s a small selection of what’s been happening this week. Drilling to commence at Symons Hill Boadicea Resources (ASX: BOA) has received approval for the drilling program of work (POW) from the Department of Mines & […]
Raising funds across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Plenty of action this week on the junior exploration fund raising scene. Oversubscribed Placement Raises $4.5 million Rampart Energy (ASX: RTD) has raised approximately $4.5million (gross) through the placement of 90 million new shares to domestic and international institutions and sophisticated/professional investors. The Placement is priced at 5 cents per share, a […]
Niuminco Group releases Great Pyramid tin Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Niuminco Group (ASX: NIU) announced the release of an Inferred Mineral Resource for the Great Pyramid tin prospect in Eastern Tasmania. The Great Pyramid deposit Inferred Mineral Resource has been estimated at 1.3 million tonnes at 0.3 per cent tin for 3,900 tonnes of contained tin using a 0.2 per cent tincut […]
Bassari Resources scores well in Makabingui Study
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bassari Resources (ASX: BSR) has received results from a recently-completed Scoping Study conducted at the company’s Makabingui gold project in Senegal, West Africa. The Study has described the project as being robust, which has been received well by the company as it looks to commence production by mining four high-grade pits within […]
Northern Minerals increases Browns Range HRE Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Minerals (ASX: NTU) has increased the JORC-compliant, heavy rare earths (HRE) mineral resource estimate for the company’s Browns Range project in northern Australia. The total Mineral Resource at the Browns Range project is now estimated at 6.48 million tonnes at 0.74 per cent total rare earth oxides (TREO) comprising 47,997,000 kilograms […]
Triton calculates 103Mt of Cobra Plains graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Triton Minerals (ASX: TON) has released the maiden Mineral Resource Estimate for the company’s Cobra Plains graphite deposit at the Balama North project in Mozambique. The Inferred Mineral Resource Estimate comprises 103 million tonnes at an average grade of 5.52 per cent graphitic carbon, containing 5.7 million tonnes of graphitic carbon. “This […]
Flinders Mines signs Pilbara infrastructure deal
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Flinders Mines (ASX: FMS) has entered into an Alliance Agreement with the Balla Balla Joint Venture formed between subsidiaries of Rutila Resources (ASX: RTA) and New Zealand-based company Todd Minerals. The upshot of the agreement is Flinders will secure access to the JV’s proposed port and rail infrastructure facilities for the company’s […]
Orinoco Gold expands Tinteiro IOCG project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Orinoco Gold (ASX: OGX) has expanded the Tinteiro IOCG project, located near the company’s high-grade Cascavel gold project in central Brazil. Orinoco has completed rock chipping and mapping, which it says confirms the prospectivity of the project. Tinteiro is part of Orinoco’s Faina Goldfields project and is located within 20 kilometres of […]