ALL THE NEWS
AusAmerican hits wide high-grade massive sulphides at Blue Bell
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) has been heartened by further encouraging results from the maiden drilling program at the company’s Blue Bell project in Arizona. Recent results from the drilling campaign at Blue Bell have returned multiple high-grade copper-gold-silver intersections, including: – 17 metres at 4.6 per cent copper equivalent (CuEq) (3.3 […]
Beadell Resources drills big results at Duckhead
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Beadell Resources (ASX: BDR) has announced high-grade infill RC drill results from the company’s Duckhead deposit in Brazil. The results include intersections of: – 41 metres at 54.9 grams per tonne gold from surface, including 5 metres at 430.1g/t gold from 15 metres, including 1 metre at 1,817.6g/t gold from 16 metres; […]
Mutiny Gold receives US$2 million funding
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mutiny Gold (ASX: MYG) has completed a second loan from Canadian gold-streaming company Sandstorm Gold. The company completed the first loan from Sandstorm in November 2012, which it converted to shares in January 2013. The second deal will result in Mutiny Gold receiving US$2 million from Sandstorm to fund ongoing activities in […]
Gascoyne Resources increases gold grade and resource at Glenburgh
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has released a remodelled resource estimate for the company’s 100 per cent-owned Glenburgh gold project in the Gascoyne province of Western Australia. The combined Indicated and Inferred Resource at Glenburgh now stands at 21.1 million tonnes at 1.5 grams per tonne gold for 1 million ounces of gold […]
Blackham Resources confirms Iceberg Zone at Matilda gold project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources Ltd (ASX: BLK) has received encouraging results from ongoing drilling at the company’s Matilda gold project in Western Australia. Blackham is conducting a RC drilling program at the Matilda Mining Centre focussing on the M1, M2, M3 and M4 deposits. The company said the latest results had complemented earlier results […]
Liontown Resources to acquire 100 per cent of Jubilee Reef gold project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Liontown Resources (ASX: LTR) is to acquire the remaining 34 per cent interest in the Jubilee Reef gold project in Tanzania, East Africa from its joint venture partner Currie Rose Resources. The deal will result in Liontown holding 100 per cent ownership of the project. “The opportunity to acquire 100 per cent […]
Ironbark Zinc feasibility study dubs Citronen globally significant
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Ironbark Zinc (ASX: IBG) has received the results of a Feasibility Study of the company’s 100 per cent-owned Citronen project in Greenland. Ironbark’s tenement holding in the Citronen Fjord region. Source: Company announcement Highlights of the Citronen Feasibility Study include: – Net Present Value (NPV) of US$609 million (US$354M […]
Sentosa Mining signs on for Mongolian copper gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sentosa Mining (ASX: SEO) has signed up to purchase a 100 per cent interest in the Darvii Naruu copper gold project in Gobi-Altai province, western Mongolia. The purchase comes via the acquisition of privately owned Australian and Mongolian companies. The Darvii Naruu project comprises seven semi-contiguous licenses covering a total area of […]
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. Board Changes Flinders Mines (ASX: FMS) has advised of the resignation, by mutual agreement, of its managing director Gary Sutherland. Flinders said the Board of Directors intends to appoint a new managing director shortly. In the interim current […]
Indochine Mining encounters more gold at Mt Kare deposit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Indochine Mining (ASX: IDC) has intersected further high-grade gold mineralisation while drilling the Western Roscoelite Bonanza Zone (WRZ) at the company’s 1.8 million ounce Mt Kare gold-silver project in Papua New Guinea. According to Indochine the WRZ contains two of three Bonanza Zones the company is exploring via diamond drilling at the […]