ALL THE NEWS
BrazIron updates Urubu Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: BrazIron (ASX: BZL) has reported an Inferred Resource for the company’s 100 per cent-owned Urubu iron ore prospect, which is part of its Xique Xique project, located in Bahia Province, Brazil. The total JORC code-compliant Inferred Mineral Resource for the Urubu ore body now stands at 447.4 million tonnes at 25.3 per […]
Caravel Minerals identifies new Calingiri prospects
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Caravel Minerals (ASX: CVV) is excited about the identification of two new prospects at the company’s 100 per cent-owned Calingiri copper-molybdenum project, located 120 kilometres northeast of Perth in Western Australia. The new prospects, Cavel and Kurrali, are located 2.5 kilometres and 5 kilometres south of Calingiri’s main Dasher prospect respectively. […]
Metals X buys out Rio Tinto
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metals X Limited (ASX: MLX) has completed the acquisition of Rio Tinto Exploration’s interests in the Mt Davies Joint Venture in South Australia. The consideration for the acquisition is $500,000 and 870,000 fully paid ordinary shares and is subject to the normal provisions for the transfer of titles, agreements and rights with […]
GBM completes gold mine acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: GBM Resources (ASX: GBZ) has ruled a line under the acquisition with Angka Alamjaya Sdn Bhd (AASB) of the Lubuk Mandi gold mine in Peninsular Malaysia. GBM has struck an acquisition and Joint Venture agreement with AASB, under which it has acquired approximately 40 per cent of AASB by issuing 15 per […]
Impact Minerals identifies ground EM anomaly at Broken Hill JV
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: An ongoing review being conducted by Impact Minerals (ASX: IPT) of the recently-acquired Broken Hill Joint Venture project in New South Wales (IPT earning 80 per cent) has identified an electro-magnetic (EM) anomaly adjacent to the dormant Red Hill Mine. Impact announced the confirmation of widespread high-grade copper, nickel and platinum group […]
King River Copper claims new Speewah Dome discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: King River Copper (ASX: KRC) has claimed discovery of visible surface copper occurrences on the company’s projects located in the north eastern corner of in the Speewah Dome in Western Australia. The new prospect area, which the company has named Chapman, was discovered by its geologists while they were conducting follow-up work […]
Iron Road’s Central Eyre iron project declared major State development
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Iron Road Limited (ASX: IRD) has had the infrastructure component of the company’s Central Eyre iron project (CEIP) located on South Australia’s Eyre Peninsula declared a major development by the South Australian Minister for Planning. The company said the declaration recognises the importance to the state of South Australia of its integrated […]
Mining Group to acquire Chilean copper project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mining Group Limited (ASX: MNE) has entered into an option agreement to acquire up to 90 per cent of the El Roble copper project concessions in Chile. The El Roble project is located within the world-class Atacama IOCG province approximately 25 kilometres east of the Chilean port city of Caldera. The project […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. CMW welcomes new appointments The Chamber of Minerals and Energy of Western Australia has announced two key appointments – Julie Hill to the position of general manager, corporate services and Anne Dawson to the position of coordinator, events […]
IMX updates Sleeping Giant Resource at Ntaka Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR, TSX: IXR) has updated the Mineral Resource estimate for the part of the company’s Ntaka Hill nickel sulphide project now referred to as the Sleeping Giant deposit. The Ntaka Hill project is part of the company’s Nachingwea exploration project, located in south-eastern Tanzania. IMX said the Resource estimate […]