ALL THE NEWS
Buxton Resources claims highest grade Australian graphite Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Buxton Resources (ASX: BUX) has reported the maiden JORC Code-compliant Mineral Resource for the Main Zone at the company’s Yalbra graphite project, located east of Gascoyne Junction in Western Australia. The Resources has come in at 2.27 million tonnes at 20.1 per cent total graphitic carbon (TGC), which Buxton said it believes […]
Atlas Iron gives go-ahead for 6Mtpa at Mt Webber
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The Board of Atlas Iron (ASX: AGO) has approved development of the Mt Webber Stage 2 project, which will double production at Mt Webber to six million tonnes per annum. Atlas said Mt Webber’s first export of Stage 1 product remains on track for the June 14 quarter, with the expanded production […]
Gold Road drills high gold grades at Gruyere.
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has received further encouraging drilling results from the Gruyere prospect, located within the company’s Dorothy Hills Trend in Western Australia. Gold Road said the recent round of diamond drilling had confirmed the presence of localised high‐grade gold mineralisation. Geological interpretation illustrating flat east‐dipping higher grade mineralised […]
Inca Minerals entertains callers at Chanape.
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Inca Minerals (ASX: ICG) claims to have fielded unsolicited approaches from middle tier and major resource companies for agreement to visit the company’s Chanape project in Peru. The approaches have included requests to access confidential technical and corporate information regarding the project. For commercial and legal reasons Inca is remaining coquettish […]
St George identifies new EM at Dragon North
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) has identified a high-quality EM conductor at the company’s Desert Dragon North nickel prospect while conducting a MLEM survey along the Stella Range ultramafic belt at the company’s 100 per cent-owned East Laverton property in Western Australia. St George said its geophysical advisers, Newexco has rated the […]
IMX Resources extends Sleeping Giant and Zeppelin deposits
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has received final assay results from the 2013 drilling program undertaken at the company’s Ntaka Hill nickel sulphide project in south-eastern Tanzania. IMX believes the results have confirmed the discovery of Ntaka Kati, a new zone of nickel sulphide mineralisation, located 300 metres north of the Zeppelin deposit. […]
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. Managing Director appointed for BFS completion Ferrum Crescent (ASX: FCR) has appointed Tom Revy as CEO and managing director. Bob Hair will move to the position of executive director from managing director. Revy’s appointment comes as the company […]
West African scores heap leach plant
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: West African Resources (ASX: WAF) has entered into an agreement to acquire a second-hand 1.6 million tonnes per annum heap leach plant for the company’s Boulsa project, in Burkina Faso. The plant is currently located nearby in Ghana, within trucking distance of some 850 kilometres from the Boulsa project. According to West […]
Is the market starting to turn?
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Like many of the junior exploration companies in attendance at the RIU Explorers Conference, Patersons Securities senior resources analyst Simon Tonkin had a lot of ground to cover. Of interest was his take on the performance of the different commodities over the past 12 months. First up was gold, the commodity […]
Northern Star wins Craig Oliver Award
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Australian gold miner Northern Star Resources was awarded the fourth annual Craig Oliver Award at the RIU Explorers Conference in Fremantle. Northern Star, represented by managing director Bill Beamant, is the fourth winner of the award, which was announced by Craig Oliver’s daughter, Hannah. Accepting the award Beament said it was a […]