ALL THE NEWS
Laconia Resources expands Peru copper system
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Laconia Resources (ASX: LCR) has identified additional high-grade copper-gold-silver results at the Rosita prospect, located 150 metres north of the Fortuna prospect within the company’s Huaco Cucho project, adjacent to its main Rasuhuilca project in Peru. The data has been gleaned during an ongoing review Laconia is carrying out of historic exploration […]
White Cliff Minerals claims new copper-gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: White Cliff Minerals (ASX: WCM) has claimed a new copper and gold discovery at the Chanach project Joint Venture (WCM 57%) in the Kyrgyz Republic. The new discovery, called Aucu, occurs two kilometres of the Chanach copper deposit. According to White Cliff, rock chip and trench channel sampling has identified copper and […]
Castle Minerals hits gold at Kpali
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) has finished a program of RC drilling, which it claims has resulted in the discovery of a new gold zone at the company’s 100 per cent-owned Kpali prospect in Ghana. Castle completed 16 RC holes in December 2013, which were designed to test a 650 metre gold anomaly […]
Northern Star buys big at Barrick’s bargain sale
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Northern Star Resources (ASX: NST) is to acquire 51 per cent of the East Kundana Joint Venture (EKJV) in Western Australia from Barrick Gold Corporation. Northern Star said the deal is set to make it the fifth-largest ASX-listed gold miner, taking its annual production to more than 350,000 ounces of gold per […]
Australia Minerals and Mining Group appoints consultants
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australia Minerals and Mining Group (ASX: AKA) has appointed specialist process consultants to produce commercial samples of the company’s high-purity alumina (HPA) product. The specialist team will also conduct test work to optimise AMMG’s process flow sheet. AMMG explained that batch optimisation test work is required to allow it to confirm specific […]
Goldphyre Resources samples high-grades at Laverton Downs
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Goldphyre Resources (ASX: GPH) is feeling encouraged after receiving one metre sample gold results from a recently completed RAB drilling program at the company’s 100 per cent-owned Laverton Downs project, north of Laverton in Western Australia. Goldphyre said the drilling was undertaken to target historic drill-hole gold anomalies, recent elevated basemetal geochemistry […]
Triton Minerals confirms Nicanda Hill graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Triton Minerals (ASX: TON) has received assay results from an initial two hole diamond drill program conducted on the Nicanda Hill prospect at the company’s Balama North project in Mozambique. Downhole intersections include: 14.7 metres at 18.7 per cent weighted average graphite carbon (WAGC) from 3.3 metres, including 1 metres at 24.9 […]
Chesser Resources confirms and improves Kestanelik gold numbers
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has received further results from a drill program conducted late last year at the company’s Kestanelik gold project in Turkey. The company has received drill results for a further 12 diamond and 27 RC holes out of the 89 completed drill holes comprising the Phase 1 program. According […]
Metals of Africa to acquire fistful of Tanzanian projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metals of Africa (ASX: MTA) has signed a Heads of Agreement with Select Exploration (ASX: SLT) to acquire a portfolio of copper-gold exploration projects in Tanzania. Under the terms of the agreement, Metals of Africa will acquire 100 per cent of five copper-gold exploration projects in Tanzania, subject to the completion of […]
Tawana Resources confirms 68% iron product at Mofe Creek
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Tawana Resources (ASX: TAW) has received encouraging results from metallurgical testwork conducted on RC drilling samples from the company’s 100 per cent-owned Mofe Creek iron ore project in Liberia, West Africa. The company said the work demonstrated, with a coarse crush to one millimetre, it is possible for Tawana to generate plus-63 […]