ALL THE NEWS
Hot Chili adds to Habanero zone
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Hot Chili (ASX: HCH) has received a further set of strong results from drilling being carried out on the company’s Productora copper project in Chile. The company believes the results have highlighted the growing potential for the higher-grade Habanero zone within the Productora project to make a substantial impact on the economics […]
Northern Minerals winds up 2013 with Wolverine results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Minerals (ASX: NTU) has received the final assays from a recently completed program of resource extension drilling at its Wolverine deposit. The company said the drilling had returned some of the best heavy rare earth (HRE) intersections it has received to date. The results include a number of high-grade HRE intersections […]
Are we back to the days of geologists and internet start-ups?
/in Uncategorized /by Wally GrahamGAVIN WENDT: There’s an interesting comparison at present between the malaise within the resource sector and high-flying components within the industrial sector. This is particularly noticeable in the IPO space. There are just three resources IPOs amongst the list of 27 upcoming floats currently on the ASX website. The ‘tech’ sector has seemingly attracted a […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Elysium Resources Limited (ASX: EYM) Elysium Resources is an Australian mineral exploration company whose core business is exploring for large, high-quality copper and gold deposits in the rich mineral provinces of Australia and Indonesia. The current Board of Directors was […]
Raising funds and Tax Refunds
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Bit of a mix this week with some companies raising funds, while others receive R&D rebates or government milestone payments. Capital Raising Completed Australian Bauxite (ASX: ABZ) completed a placement of 5.4 million fully paid ordinary shares at $0.21 cents per share to sophisticated, eligible and/or professional investors. $1.134 million was […]
Mining Group encounters high-grade copper and gold
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mining Group (ASX: MNE) has taken delivery of results from the first four holes drilled on the Descubridora vein at the company’s El Roble copper project in Chile. According to Mining Group three of the four holes drilled intersected high-grade copper and gold mineralisation associated with silver, molybdenum, cobalt and iron. […]
Mithril Resources identifies new gold targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mithril Resources (ASX: MTH) recently completed a round of auger geochemical sampling at the company’s West Kambalda project, located approximately 30 kilometres west of Kambalda in Western Australia. The company said the sampling had been successful in delineating new gold targets, which it considers to reinforce the prospectivity of the project area. […]
Dacian Gold confirms high-grade shoot at Westralia
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dacian Gold (ASX: DCN) recently completed broadly-spaced diamond drilling at the Westralia deposit, part of the company’s Morgans gold project, located in the Laverton District of Western Australia. According to Dacian the drilling intersected additional high-grade gold mineralisation within the interpreted Millionaires Shoot. Three holes were completed and results include: 13MMRD021 4 […]
Chesser Resources expands gold zones at Kestanelik
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has taken receipt of the first drill results from a recently-commenced drill program at the company’s Kestanelik gold project in Turkey. Results have come in from the first six holes out of the 70 drill holes to have been completed to date. KED-258, an infill hole completed on […]
Kogi Iron increases Agbaja iron Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kogi Iron (ASX: KFE) has increased the estimated Mineral Resources for the company’s 100 per cent-owned Agbaja iron ore project located in Kogi State, Republic of Nigeria, West Africa. Kogi has increased the global Mineral Resource for the Agbaja project 20 per cent from the previous estimate of 488 million tonnes to […]