ALL THE NEWS
St George ready to move on priority targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) has prioritised six nickel targets at the company’s East Laverton property in the NE Goldfields of Western Australia. St George Mining recently reclaimed 100 per cent ownership of all nickel prospects at the East Laverton property after BHP Billiton (ASX: BHP) pulled out of the Project Dragon […]
Highfield Resources welcomes Spanish maiden
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Highfield Resources (ASX: HFR) has reported a maiden JORC Inferred Mineral Resource estimate for the company’s 100 per cent-owned Javier potash project in Northern Spain. The independently-prepared JORC Code-compliant Inferred Mineral Resource estimate has come in at 163.2 million tonnes of sylvinite at 10.9 per cent potassium oxide (17.3 per cent potassium […]
Kidman Resources hits deep copper on Main Lode
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kidman Resources (ASX: KDR) has intersected high-grade copper, approximately 420 metres below surface while conducting deep diamond drilling on the Main Lode at the company’s Home of Bullion (HOB) project in the Northern Territory. Hole HDD044 intersected: – 9.7 metres at 3.4 per cent copper, 0.83 per cent lead, 2 per cent […]
Arc Exploration starts drilling Trenggalek with Anglo American
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Arc Exploration (ASX: ARX) has commenced drilling on the Trenggalek project in East Java with its Joint Venture partner, Anglo American, which is fully funding the program. The Trenggalek project is located in the Southern Mountains Province of East Java, which also contains the Tumpangpitu porphyry copper-gold deposit in the Tujuh Bukit […]
Plymouth Minerals ties up Spanish tungsten project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) has secured an agreement to acquire an 80 per cent beneficial interest in the Morille tungsten-tin project in Spain. Plymouth has negotiated to acquire a 100 per cent holding in Spanish company, Castilla Mining, which has an 80 per cent beneficial interest the Morille project from Aurum Mining. […]
Metal Bank to acquire Roar Resources
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metal Bank (ASX: MBK) has entered into an agreement with the shareholders of unlisted company Roar Resources to acquire 100 per cent of the total issued capital of Roar in exchange for the issue of 106.94 million shares. Metal Bank said the acquisition of Roar will provide it with ownership of […]
Rehabilitation Bonds Refunded
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Two more companies have taken advantage of the Western Australian Government’s Mining Rehabilitation Fund. Blackham Resources’ (ASX: BLK) 100 per cent-owned subsidiary Kimba Resources has applied for early entry into the Western Australia Mining Rehabilitation Fund and as a result the Department of Mines and Petroleum has agreed to refund the $2.239 […]
Howdy Partner!
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: There are plenty of companies out there at the moment with projects screaming to be developed. Needless to say the current equity climate isn’t as sunny as these companies would like. That said, there does seem to be a fair bit of activity in the marketplace in regards to merger and partnership […]
Rox Resources releases Camelwood maiden
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has completed a maiden Mineral Resource estimate for the Camelwood nickel sulphide deposit. The deposit is part of the company’s Mt Fisher project and is located approximately 500 kilometres north of Kalgoorlie in Western Australia. The resource estimate comprises 1.6 million tonnes at 2.2 per cent nickel containing […]
Ramelius hits record gold production at Mt Magnet
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has advised the market of the production numbers for the recently-completed September quarter. Ramelius said the company’s Mt Magnet gold project in Western Australia had achieved record production for the quarter. Gold production from Mt Magnet for the quarter was 18,245 ounces of fine gold, which Ramelius claims […]