ALL THE NEWS
Phoenix Gold increases Castle Hill Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has announced a 75 per cent increase to the Mineral Resources for Stage 1 at the company’s Castle Hill gold project. The project is located on the Kunanalling shear zone in the heart of the Western Australian Goldfields, less than 50 kilometres from Kalgoorlie in Western Australia. […]
Midas Resources to acquire Queensland copper-gold projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Midas Resources (ASX: MDS) has entered into a Sale and Purchase Agreement with Hammer Metals Limited. Midas is set to acquire all of the issued capital in Hammer, as well as all of the issued capital of Mount Dockerell Mining (MDM), a wholly owned subsidiary of Santana Minerals (ASX: SMI). The deal […]
Mincor Resources replenishes 52 per cent of 2013 nickel production
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mincor Resources (ASX: MCR) has been able to replenish Ore Reserves at the company’s Kambalda nickel operations in Western Australia. The company has announced an updated Mineral Resource and Ore Reserve Statement showing drilling completed throughout the year has 52 per cent of all the nickel it mined during the 2013 financial […]
Segue Resources reviews Pardoo project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Segue Resources (ASX: SEG) has commissioned a review and evaluation of the company’s Pardoo nickel-copper project, located in the Pilbara region of Western Australia. Segue has appointed mineral exploration consultants, OMNI GoeX to undertake the review, which has completed an initial review of historical exploration data Segue has available across the Pardoo […]
AusAmerican Mining add Nevada copper mine to portfolio
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian-American Mining Corporation (ASX: AIW) has entered into a letter of intent to acquire a 50 interest in a copper mine in Nevada in the United States of America. The Victoria copper mine is located in an established mining region, 120 kilometres southeast of Elko in the eastern part of Nevada. […]
Lamboo Resources confirms graphite at McIntosh
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lamboo Resources has completed geological mapping at the company’s McIntosh flake graphite project in Western Australia. Lamboo said the mapping has confirmed the presence of coarse flake graphite at Target 5, which is one of at least five graphitic schist horizons it has identified at the project. “The recognition of coarse flake […]
Mithril Resources kicks off NT drill program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mithril Resources (ASX: MTH) has commenced a 3,000 metre RC drilling program at the company’s East Arunta project area in the Northern Territory. The drilling is targeting economic high-grade copper mineralisation and will test five outcropping copper targets, including: Mini Me West, El Gordo, Ivana, Harry Creek, and Red Rock Bore. The […]
Great Western Exploration to sift through old soviet gold stockpiles
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Great Western Exploration (ASX: GTE) has signed a Memorandum of Understanding with a Kazakhstan company to carry out a feasibility study to determine the economic potential to mine and treat low grade gold ore stockpiles. The stockpiles are located near the former soviet regional gold mining centre of Stepnogorsk. Great Western said […]
Brazilian Metals Group drills copper with every hole
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Brazilian Metals Group (ASX: BMG) has intersected copper in all holes during while conducting its maiden drill program at the Laxia prospect. The Laxia prospect is situated within the company’s Black Pine project in Cyprus. The company said the recent drilling had expanded its exploration target area to more than 50 kilometres. […]
Inova Resources encouraged by latest drilling campaign
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Inova Resources (IVA: ASX) has been encouraged by the receipt of positive gold results from recent drilling at the Confucius prospect, located on the company’s tenements in the Cloncurry District of north western Queensland. Inova said the drilling at Confucius was undertaken during July and August 2013 and consisted of 25 holes […]