ALL THE NEWS
Metals of Africa acquires East Africa-focused Express Resources
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metals of Africa (ASX: MTA) has signed a binding Share Sale Agreement to acquire 100 per cent of the issued capital of Express Resources. Express Resources is an unlisted Australian public company based in Perth, Western Australia, with offices in Maputo, Mozambique and Dar Es Salaam, Tanzania. The company’s portfolio of projects […]
Midwinter Resources farms-in to Chilean project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Midwinter Resources (ASX: MWN) has entered into a binding term sheet with Southern Hemisphere Mining (ASX: SUH) to farm-in to a 65 per cent interest in the Mantos Grandes project located in the Province of Limari, in Chile. Midwinter outlined the features of the Mantos Grandes project to include copper, gold and […]
Horseshoe Metals hits 10 per cent copper at Horseshoe Lights
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has received results of recently-completed diamond drilling conducted at the company’s 100 per cent-owned Horseshoe Lights copper-gold project, located in the Peak Hill Mineral Field of Western Australia. The drilling results have shown multiple intervals of copper mineralisation recorded in two diamond drill holes (HDD007 and HDD009). Horseshoe […]
Joint Venture provides Gold Road with exploration free kick at Central Bore
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: A chance double meeting at two mining conferences in two different locations set Gold Road Resources on the path to a Joint Venture with a global mining heavyweight. Gold Road Resources (ASX: GOR) made first contact with Japanese non-ferrous metals and mining company Sumitomo Metal Mining at a Precious Metals Summit in […]
Archer scores high-grade graphite at Campoona
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Recent RC drilling completed by Archer Exploration (ASX: AXE) at Campoona Central has confirmed the presence of graphite similar to the highly graphitic schist at Campoona Shaft and at widths amenable to mining. The Campoona project is one of the company’s Eyre Peninsula graphite projects and has a current JORC Resource of […]
Castle Minerals claims new gold discovery at Kpali
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) capped off a good week by announcing RC drilling at the company’s Kpali prospect in north‐west Ghana has intersected gold mineralisation. Three RC holes were completed to test oxide gold intercepts reported from previous RAB drilling. All three RC holes intersected primary sediment hosted gold mineralisation. Gold intercepts […]
Golden Rim claims new zone of gold mineralisation at Balogo project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Golden Rim Resources (ASX: GMR) has claimed discovery of a new zone of high-grade gold mineralisation in bedrock and a significant gold anomaly in auger drilling along strike from the Netiana Lodes at the company’s Balogo project in Burkina Faso. “We are currently exploring for satellite, open pittable, gold resources to add […]
Mining sector fund-raising drops 24 per cent
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: There is currently no shortage of junior resources exploration companies with projects that have potential to become viable economic mining operations. There is, however, a shortage of fund providers willing to bankroll them. According to IntierraRMG the first quarter of 2013 has been a challenging time for, not just the Australian mining […]
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 of managing director and non-executive director RMA Energy (ASX: RMT) has appointed Qin Weihong as managing director. Qin has been an executive director of RMA since August 2012. The company also advised Nigel Ferguson will not […]
Red Mountain Mining extends Uplong discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has received high-grade gold surface sample results from the Ulupong gold discovery, located at the Lobo prospect within the company’s Batangas gold project, south of Manila in the Philippines. The results include 6.63 grams per tonne gold and 67.4 grams per tonne silver from sub-cropping quartz-sulphide boulders […]