ALL THE NEWS
Enigma drilling delivers for Sipa Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sipa Resources (ASX: SRI) has completed three diamond drillholes for 410.9 metres of RC precollar and 941.6 metres of core at two Sub-prospects within the Enigma Secondary Copper Blanket at the company’s 100 per cent-owned Thaduna copper project, located in the Gascoyne region of Western Australia. The company explained the aim of […]
Corazon Mining set to return to TUR
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining (ASX: CZN) is readying to recommence its exploration of the company’s Top Up Rise project (TUR), located in the Gibson Desert region of Western Australia. Drilling at TUR is set to kick off again as soon as possible with a drill rig still on site from the company’s initial program […]
AusQuest identifies Peruvian porphyry targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: AusQuest Limited (ASX: AQD) has identified priority drill targets for porphyry copper-style mineralisation and iron oxide copper gold (IOCG) targets at a further three prospect areas within the company’s portfolio of copper-gold exploration projects in Peru. These targets and are owned 100 per cent by AusQuest are in addition to others the […]
Metallica Minerals passes environmental milestone
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metallica Minerals (ASX: MLM) has had an Environmental Authority (EA) issued by the Queensland Department of Environment and Heritage Protection for the company’s Mining Lease Application (MLA 20669). The Mining Lease Application covers the Urquhart Point zircon-rutile HMS project. The project is located three kilometres southwest of Weipa on the western coast […]
Drake and Panoramic start drilling at Nordgruva
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Drake Resources (ASX: DRK), in league with its Joint Venture partner Panoramic Resources (ASX: PAN), has commenced diamond drilling and down hole geophysics at the Nordgruva copper zinc prospect. The prospect is part of the JV’s Nordgruva project, located in central Norway. Drake has a number of assets prospective for copper, […]
Cleveland converts Brazilian MOU to binding Option Agreements
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cleveland Mining Company (ASX: CDG) has converted the Memoranda of Understanding (MOU) held over three iron-ore projects in Brazil into binding Option Agreements. Cleveland explained the Option Agreements allow the company’s recently-formed alliance with BC Iron (ASX: BCI) to acquire up to 80 per cent of the projects from private Brazilian company, […]
Roll up, roll up to the Melbourne Round-up
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Next Week, The Roadhouse will be attending the RIU Melbourne Resources Round-up. Now in its fourth year the RIU Melbourne Round Up is a regular fixture on the resources conference circuit calendar as one of the must attends for junior and mid-cap resource companies to present to the stockbroking, institutional and investor […]
Doray Minerals drinks richly at Andy Well
/in Uncategorized /by Wally GrahamThere’s a lot of satisfaction in travelling your own road to achieve a goal, especially when others insist you should keep to a well-worn path. It didn’t take Doray Minerals (ASX: DRM) long to realise it would bring its Andy Well gold project, located in the northern Murchison region of Western Australia, through to production. […]
Funds beginning to trickle through to junior explorers
/in Uncategorized /by Wally GrahamTHE FUND RAISER: There appears to be a rise in activity in the fund raising space for junior miners recently. Renounceable Rights Issue to raise $1.5 million Monax Mining (ASX: MOX) announced a pro-rata non-renounceable rights issue to raise approximately $1.5 million to further advance the company’s Waddikee graphite project and for working capital purposes. […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Sirius Resources (ASX: SIR) Extension of gold anomaly at Polar Bear. First pass reconnaissance aircore drilling has extended the large zone of gold anomalism at the first of SIR’s gold targets on its Polar Bear project (SIR 100 per cent). […]