ALL THE NEWS
Centaurus Metals hits high-grade near-surface iron ore at Candonga
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has claimed to be on track to complete a maiden JORC resource for a second potential satellite project to the company’s Jambreiro iron ore project in south-east Brazil by June. The company’s confidence has been buoyed having received further positive drilling results from its 100 per cent-owned Candonga […]
Bligh Resources delivers scoping study at Bundarra project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bligh Resources (ASX: BGH) has received results of a preliminary scoping study recently completed at the Bundarra gold project in the Leonora region of Western Australia. Bligh holds a 42.9 per cent interest in SR Mining, which owns 100 per cent of the Bundarra project. The scoping study was carried out by […]
White Rock continues to define shallow gold at Red Rock
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: White Rock Minerals (ASX: WRM) has been encouraged by recent assay results from the Red Rock prospect, located 15 kilometres from the company’s 750,000 ounce gold equivalent Resource base at Mt Carrington in northern New South Wales. The company has received assays from the first hole of a seven-hole infill drilling program, […]
IMX Resources reports Inferred Mineral Resource at Zeppelin deposit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has completed an Inferred Mineral Resource estimate for the Zeppelin deposit. The Zeppelin deposit forms part of the company’s Ntaka Hill nickel sulphide project, located in south-east Tanzania. The Inferred Mineral Resource at the Zeppelin deposit has been calculated at 6 million tonnes at 0.52 per cent nickel […]
Castle Minerals claims new gold hits south of Bundi prospect
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) has claimed to have intersected a new zone of bedrock gold mineralisation while conducting RAB drilling four kilometres south of the company’s Bundi prospect in north‐west Ghana. Castle’s Wa project in north‐west Ghana. Source: Company announcement The company is conducting RAB drilling testing of an earlier […]
Cove Resources granted Finnish mining concession
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cove Resources (ASX: CVE) has had the Koivu titanium project mining concession in Finland granted by the Finnish government department responsible for mining and exploration tenement compliance (Tukes). The company is now in a community consulting period, which it said is expected to be completed on 27 May. “This is a significant […]
BC Iron and Cleveland Mining Alliance sign Brazil MoU
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: BC Iron (ASX: BCI) and Cleveland Mining Company (ASX: CDG) have signed two Memoranda of Understanding (MoU) to earn the rights to acquire up to 80 per cent of three separate iron ore exploration projects in the Brazilian states of Salvador da Bahia and Minas Girais. The proposed acquisitions constitute the first […]
Toro Energy commences Wiluna infill drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Toro Energy (ASX: TOE) has commenced its 2013 extensive infill drilling program at the company’s wholly-owned Wiluna uranium project, based near Wiluna in Western Australia. Toro said the program has been designed to focus on three of the five deposits situated within the Wiluna project regional resource: Lake Way, Millipede and Dawson […]
Quarter Time Wrap
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The latest Quarterly season has been a flurry of activity and The Roadhouse’s inbox has been strained to capacity. Here’s a random selection of what companies had to say. Corazon Mining (ASX:CZN) Corazon commenced exploration at the Top Up Rise (TUR) IOCG project, in the Gibson Desert region of Western Australia, during […]
Lower commodity prices: What it could mean for Australia and Investors
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: While not exactly in free fall, global commodity prices have been in a determined slump since around mid-February when they took a sharp fall on concerns about global growth, particularly in the world’s favourite customer, China. Back that up with a 10 to 15 per cent fall in the price of crude […]