ALL THE NEWS
MGT Resources completes Summer Hills Phase Three drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MGT Resources (ASX: MGS) has received results from Phase Three of its 2013 Summer Hills drilling program. Summer Hills is the main tenement on the company’s Mt Garnet tin project in Queensland. MGT said the drilling program was carried out to expand and upgrade tin resources at Summer Hills in order to […]
Impact Minerals receives more good news from Mulga Tank
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) continues to enjoy an early Christmas delivered by results from an on-going maiden drill program being conducted at the company’s Mulga Tank project JV near Kalgoorlie in Western Australia. The drilling has now identified three mineralised zones, Impact said extend for at least 300 metres of strike along […]
IMX Resources claims new nickel zone discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has received the latest drilling results from the company’s Ntaka Hill nickel sulphide project in south-eastern Tanzania. IMX claims the results have confirmed the discovery of a new zone of nickel sulphide mineralisation immediately adjacent to the current resources. The new zone, referred to as “P Zone”, lies […]
Cassini Resources picks up new WA base metals project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cassini Resources (ASX: CZI) has executed a Share Sale agreement, which will result in it taking up to 75 per cent of Crossbow Resources. The attraction is Crossbow Resources 100 per cent interest in the West Arunta project (X17) in Western Australia. “We see the X17 project as an exciting, highly-prospective greenfields […]
Musgrave Minerals encounters massive sulphides at Pallatu
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) has intersected massive and disseminated nickel-copper sulphide while conducting recent diamond drilling at the Pallatu target on the company’s Deering Hills project in the far north-west of South Australia. Musgrave Minerals holds a 100 per cent interest in licence EL5317 that hosts the newly-discovered nickel-copper sulphide mineralisation. […]
Mount Gibson to acquire Shine iron ore project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mount Gibson Iron (ASX: MGX) is to acquire the Shine hematite iron project from Gindalbie Metals (ASX: GBG). The Shine project is located approximately 250 kilometres east of Geraldton in the Mid West region of Western Australia, some 85km north-north west of Mount Gibson’s Extension Hill iron ore mine, and around 200km […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The Boardroom Mazurka continues unabated this week amongst the junior mining companies. Board appointments/resignation Tellus Resources (ASX: TLU) announced the appointment of Robert (Bob) Kennedy and Neil Young as non-executive directors. Kennedy was also voted in as chairman. Richard Willson has resigned as a director of the company. Resignation of Director […]
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. Ventnor-Sandfire JV settles Ventnor Resources (ASX: VRX) advised the market the JV agreement between it and Sandfire Resources (ASX: SFR) has settled following satisfaction of the last of the conditions precedent. The […]
Navarre Minerals starts summer series
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Navarre Minerals (ASX: NML) has kicked off its 2013 summer field season with an Induced Polarisation geophysics (IP) survey to be carried out over the Eclipse copper-gold porphyry prospect, located in the Miga Arc region in western Victoria. According to Navarre the aim of the survey is to delineate copper and gold […]
Northern Star drilling confirms Titan potential
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources (ASX: NST) has achieved some impressive drilling results from the recent Titan gold discovery at the company’s Paulsens project in Western Australia. Northern Star said the results have highlighted Titan’s potential to be a high-grade deposit. Drilling results from Titan include (uncut): 0.2 metres at 687 grams per tonne […]