ALL THE NEWS
Sheffield Resources completes first diamond drilling at Red Bull
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has completed a round of diamond drilling at the company’s Red Bull nickel-copper project. The Red Bull project is situated within 20 kilometres of Sirius Resources’ (ASX: SIR) Nova/Bollinger nickel-copper deposit, in the Fraser Range nickel province in Western Australia. This was the first diamond drilling program to […]
Equatorial Resources releases positive scoping study results for Mayoko-Moussondji project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Equatorial Resources (ASX: EQX) has released the results of a recently-completed Scoping Study for the company’s 100 per cent-owned Mayoko-Moussondji iron project, located in the south-west of the Republic of Congo. Equatorial has a three stage development plan for Mayoko-Moussondji and says the Scoping Study has focused on optimising the feasibility of […]
Impact Minerals review confirms copper nickel and PGE mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX:IPT) has completed a review of its recently acquired Broken Hill Joint Venture project located within the Curnamona Province in New South Wales. Impact is earning 80 per cent of the project. Impact claims the review has confirmed widespread high-grade copper, nickel and platinum group mineralisation at the project’s Red […]
Minotaur Exploration in takeover-JV frenzy
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) woke the market up with a jolt this morning by announcing a proposed takeover of Breakaway Resources (ASX: BRW). The company then followed up with a further announcement of a round of deals it claims will likely result in around $9 million injected into copper and gold exploration […]
Stonehenge Metals records best Daejon drill result so far
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Stonehenge Metals (ASX: SHE) has announced chemical assay results from hole 5 of a 12 hole diamond drilling program currently underway at the company’s Daejon uranium and vanadium project in South Korea. Stonehenge claims the results confirm a new mineralised zone of vanadium, as well as confirming previously reported uranium. Highlights from […]
Pluton Resources retires $19M debt after signing on for Rehabilitation Fund
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Pluton Resources (ASX: PLV) has become the first ASX-listed company to ‘opt in’ to the Mining Rehabilitation Fund (MRF) initiative of the Western Australian Department of Mines and Petroleum (DMP). By doing so the company has been able to immediately retire its $19 million Environmental bond. Pluton has been approved by the […]
Black Range receives $2M boost
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Black Range Minerals (ASX: BLR) has received a funding boost from the company’s major shareholder and cornerstone investor, Azarga Resources. Black Range said the$2 million of funds by way of an unsecured convertible loan facility would ensure the company has sufficient funds to continue the commercialisation of its Ablation technology Joint Venture […]
Evolution Mining produces healthy June quarter
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Evolution Mining (ASX: EVN) released details of gold production for the June quarter from its portfolio of wholly-owned operations in Queensland and Western Australia. Evolution’s group gold production for the quarter totalled 112,526 ounces of gold. This represents a 34 per cent increase on the March quarter, which the company indicated was […]
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. Appointment / Resignation of managing director Northern Iron (ASX: NFE) managing director John Sanderson has decided to resign effective from 8 July 2013 after close to five years with the company and its operations in Northern Norway. Sanderson […]
Southern Hemisphere Mining increases Llahuin Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dual-listed Southern Hemisphere Mining (ASX: SUH, TSXV: SH) has reported an increase in the Measured category of the Mineral Resource for the company’s Llahuin copper-gold project in central Chile. The company said the increase provides it with further confidence in the robustness and quality of the deposit ahead of additional resource extension […]