ALL THE NEWS
Castle Minerals defines high-grade gold horizon at Bundi
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) has completed analysis of individual metre intervals of RC drilling at the company’s Bundi prospect, which has defined a high-grade gold and zinc horizon. Castle said the horizon runs for over at least 1100 metres of strike, which it considers upgrades the resource potential of the Bundi prospect. […]
Navarre Minerals identifies new porphyry-style copper target at Stavely
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Navarre Minerals (ASX: NML) has identified a porphyry copper and molybdenum target from historical records recently revealed by the Geological Survey of Victoria (GSV). The new Lexington prospect has surface dimensions of approximately 500 metres by 700 metres (0.1 per cent copper cut-off) and lies wholly within the company’s Stavely exploration licence, […]
Volta Mining in major discussions
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Volta Mining (ASX: VTM) has told the market it is in advanced discussions with an ‘industry participant’ with respect to formalising collaborative agreements. According to Volta discussions are well underway between both parties with regards to entering into agreements (binding and non-binding) with respect to project finance, drilling services, access to infrastructure, […]
Aphrodite Gold to build new ore processing plant near Kalgoorlie
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aphrodite Gold (ASX: AQQ) is planning to build, commission and operate the first new ore processing plant in the Kalgoorlie region for the past 20 years. The company intends to build a new oxide and refractory gold processing plant on the site of its Aphrodite gold project, located near Kalgoorlie in Western […]
Investigator Resources makes geological breakthrough at Paris
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources (ASX: IVR) has increased its understanding in the geological understanding of the Paris silver prospect, located within the company’s Peterlumbo Joint Venture tenement (75 per cent IVR) in South Australia. Recent drilling completed by Investigator has intersected extensive mineralised breccias, which the company considers to have explained its prior uncertainty […]
Shaw River Resources identifies new manganese zone in Namibia
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Shaw River Manganese (ASX: SRR) has identified new zones of manganese-in-soils while conducting a low-cost exploration program at the company’s Otjozondu manganese project (Otjo) in Namibia. New zones of manganese-in-soils have been identified between the Ongorussengo and the Labusrus deposits at Otjo and during in-fill soil sampling north of the Waterloo deposit. […]
Apollo Minerals encouraged by Titan drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Apollo Minerals (ASX: AON) has received encouraging assay results from a Phase 1 cored drilling program at the company’s 100 per cent-owned Acacia East prospect on the Titan base-precious metals project in South Australia. The drilling intersected intervals of disseminated, stringer and massive sulphides while targeting a coincident high-density gravity anomaly and […]
Queensland Government to reform Resources Act
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: As part of his address to the second-day audience at The 2013 Gold Coast Resources Showcase, Robert Milbourne of law firm Norton Rose Fulbright said investors should be aware of the introduction of the Queensland Government’s Common Resources Act (CRA). The Queensland Government is proposing to replace the State’s five current Acts with […]
When will the climate improve for resources investors?
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: The opening day of the Gold Coast Resources Showcase was greeted by an ominously overcast Queensland sky. As the weather reflected the current downcast mood of the Australian investment market, Lime Street Capital managing director Stephen Bartrop opened the conference by stating the market, in particular the resources sector is currently in an […]
Laramide Resources’ uranium tale gets easier to tell
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Uranium has always been a difficult commodity and telling its story is always challenging. “The uranium story is a little bit different to that of other commodities in that the demand remains fairly constant and supply has been constant,” Laramide Resources managing director Peter Mullens told the 2013 Gold Coats Resources Showcase. […]