ALL THE NEWS

AMEC cheers WA Government PoW validity increase

IN THE LOBBY:     The Western Australia Department of Mines and Petroleum has increased the validity period for Programs of Work from two to four years. The DMP claims the decision will improve efficiency, provide flexibility and uphold environmental standards, as the State Government has cut red tape for the mining industry with a change […]

Rox Resources continues high-grade run at Teena

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has reported further high-grade zinc results from drilling currently underway at the Teena prospect, which forms part of the company’s Reward zinc project located in the Northern Territory.   Rox indicated the high-grade mineralised zone at Teena has been extended by the third diamond drill hole of the […]

Red Mountain Mining kicks off Batanga Scoping Study

THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has commenced an independent Scoping Study at the company’s Batangas project, located south of Manila in the Philippines. Red Mountain indicated the Scoping Study will examine the viability and high-margin potential of the Batangas mining and processing project. The Scoping Study will initially be based on the […]

Latin Resources identifies ten new Peru targets

THE DRILL SERGEANT: Latin Resources (ASX: LRS) has reported the identification of ten new IOCG/Porphyry copper target areas in the company’s 100 per cent-owned concession holdings in the coastal IOCG/Porphyry copper belt of Southern Peru. Latin has reported two previously-identified targets within this part of the belt that have been partly drill tested to date. […]

Artemis Resources gains confidence from early drill results

THE DRILL SERGEANT: Artemis Resources (ASX: ARV) has reported progress from a recently-commenced 15 hole, 3,000 metre reverse circulation (RC) drilling program currently underway at the company’s Eastern Hills antimony-lead deposit, located in the Ashburton region of Western Australia. Artemis indicated the first five holes to be completed have all intersected sulphide mineralisation, and in […]

Altona Mining inks JV with Chinalco Yunnan Copper Resources

THE BOURSE WHISPERER: Altona Mining (ASX: AOH) has struck an exploration Joint Venture agreement with Chinalco Yunnan Copper Resources (ASX: CYU) where Chinalco may earn up to a 70 per cent interest in the southern tenements at Altona’s Roseby project in Queensland.   Source: Company announcement   Chinalco is 43 per cent-owned by Yunnan Copper […]

Atlantic Gold celebrates second Canadian court win

THE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) is celebrating the dismissal of a second appeal brought by a former landowner against the vesting order issued for the final remaining private property required to develop the Touquoy gold project in Nova Scotia, Canada. The dismissal of the second appeal means the company is now able to […]

Metals of Africa spots new targets on Rio Mazoe project

THE BOURSE WHISPERER: Metals of Africa (ASX: MTA) has identified a multi-element geochemical anomaly at the Rulio prospect, part of the company’s 100 per cent-owned Rio Mazoe base metal project, located in the Tete Province of Mozambique. MTA described the anomaly to be associated with a coincident airborne magnetic geophysical anomaly and has elevated zinc, […]

TNG identifies new McArthur River targets

THE DRILL SERGEANT: TNG Limited (ASX: TNG) has identified a large geochemical zone with coincident geophysical targets at the company’s McArthur River project in the Northern Territory located 60 kilometres south of the McArthur River zinc mine. The identification of the anomaly follows the completion of a review of historical exploration data from the McArthur […]

Sirius Extends Polar Bear god zone

THE DRILL SERGEANT: First pass reconnaissance drilling being conducted by Sirius Resources (ASX: SIR) has extended a zone of gold anomalism at the first gold targets being tested on the company’s 100 per cent-owned Polar Bear project. Sirius has extended the main gold anomaly at Polar Bear several hundred metres, taking its strike extent to […]