ALL THE NEWS
Encounter Resources ready for big field season
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: The Roadhouse spoke with Encounter Resources managing director at the RIU Sydney Resources Round Up to get a quick rundown on how the company is advancing its BM1 and BM7 copper discoveries at the company’s Yeneena project located in the Paterson Province of Western Australia. Encounter Resources (ASX: ENR) recently entered into […]
Impact Minerals sells non-core assets in Botswana
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Impact Minerals (ASX: IPT) has entered into a Sale and Purchase Agreement with Sechaba Natural Resources and Shumba Coal to sell four non-core Prospecting Licences situated in the northern part of the company’s Botswana uranium project. The four licences will be transferred to Sechaba for a total of US$800,000, consisting of US$250,000 […]
Pegasus Metals records new copper-zinc hits at Mt Mulchay
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pegasus Metals (ASX: PUN) has intersected more high-grade mineralisation at the company’s Mt Mulcahy copper-zinc-silver-gold VMS discovery, in Western Australia. Pegasus said it will use the latest results in calculating a maiden resource estimate, as well as determining whether the South Limb Pod hosts copper and zinc VMS-style mineralisation less than 200 […]
Gryphon Minerals confirms mineralisation at Nogbele gold deposit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gryphon Minerals (ASX: GRY) has released infill Reverse Circulation (RC) drilling results from the northern portion of the Nogbele gold deposit, part of the company’s Banfora gold project in Burkina Faso, West Africa. “These latest drill results confirm the high grade zones and grade continuity at Nogbele North and once again demonstrate […]
Gold Road Resources signs South Yamarna JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) has executed a binding exploration Joint Venture Agreement with Sumitomo Metal Mining Oceania, a subsidiary of Sumitomo Metal Mining Co. over Gold Road’s southern tenements of its Yamarna land holding, to be known as the South Yamarna Joint Venture. Under the terms of the South Yamarna JV, […]
Cassini Resources defines potential large-scale nickel-copper target
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) has completed a ground electromagnetic (ground EM) survey on the Pandora target at the company’s 100 per cent-owned West Musgrave project in Western Australia. The company said the survey has further defined a potential large‐scale nickel‐copper sulphide exploration target. Key outcomes of the ground EM survey include: – […]
Azure Minerals updates Promontorio Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has announced an updated Mineral Resource for the company’s Promontorio copper-gold-silver deposit in northern Mexico. The total Mineral Resource now stands at 840,000 tonnes at 4.1 per cent copper equivalent (CuEq) (at 0.5 per cent CuEq grade cut-off). Promontorio Mineral Resource estimate based upon a 0.5 […]
AusAmerican Mining extends due diligence period
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian-American Mining Corporation (ASX: AIW) has extended the due diligence period for the Blue Bell and De Soto projects, from 12 months to 18 months. AusAmerican has paid the project vendor a fee of US$25,000 to extend the due diligence period by six months. The company now has until March 2014 to […]
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. Anglogold Ashanti appoints new CEO AngloGold Ashanti (ASX: AGG) has appointed Srinivasan Venkatakrishnan (Venkat) as chief executive officer effective immediately. Venkat has been with AngloGold Ashanti for nine years. He was chief financial officer at Ashanti Goldfields until […]
Blackham Resources upgrades Williamson Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has upgraded the Resources at the Williamson Mining Centre, which is part of the company’s Matilda gold project in Western Australia. Blackham explained it had conducted the resource upgrade was conducted in order to improve the company’s confidence in the geological model and to allow scoping studies to […]