ALL THE NEWS
Rox Resources continues drilling success at Camelwood
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has received more assays from drilling being carried out at the company’s Camelwood nickel sulphide prospect at Fisher East, 450 kilometres north of Kalgoorlie. Diamond drilling at Camelwood has returned: 16.3 metres at 1.8 per cent nickel, including 6.3 metres at 2.5 per cent nickel from 211.7 […]
Drill assays and the share price conundrum
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Many exploration companies become frustrated when the market either misses or ignores releases of drilling results, especially if they’re good. It’s easy to dismiss such announcements as noise produced by companies designed to let their shareholders know that their investments are being spent wisely, however they can tell a studious investor so […]
Avalon Minerals improves Swedish copper grades
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Avalon Minerals (ASX: AVI) has received assay results for the latest five completed drill holes, part of an ongoing drill program being undertaken on the D Zone prospect on the company’s Viscaria project, in northern Sweden. Project location. Source: Company announcement Avalon reported four of the drill holes intersected thick, […]
Queensland revs up for uranium mining
/in Uncategorized /by Wally GrahamThe Queensland Government has indicated it will restart uranium mining in the state following the release of a Cabinet a report on the subject. After being elected in March 2012, the Campbell Newman-led, Queensland Government wasted little time in announcing its support for the recommencement of uranium mining in the state. Implementation Committee,” AMEC regional […]
Norman Moore leaves a big pair of steel capped boots to fill
/in Uncategorized /by Wally GrahamSince the electoral bell was rung in favour of Western Australia Premier, Colin Barnett returning for a second term there has been much anticipation as to who he would choose to replace industry-favourite Norman Moore as Minister for Mines and Petroleum. Moore’s latest stint in the portfolio saw a number of popular and successful policies […]
What the Brokers say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe Aus-American Mining Ltd (ASX: AIW) New project and new direction AIW has been given a new lease of life through an option to purchase a highly prospective volcanogenic massive sulphide (VMS) copper-gold-silver project in Arizona, USA. New managing director Richard Holmes […]
KalNorth calls up Kalpini as second gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: KalNorth Gold Mines (ASX: KGM) has announced a second open pit mining operation at the company’s KalNorth Gold Field, unveiling plans to develop the Gambia deposit at the Kalpini Field. With the company’s Lindsay’s Field already in production, Kalpini will be the second in the sequence of four open pit mining operations […]
Crest Minerals to acquire gold project from Reed Resources
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Crest Minerals (ASX: CTT) has executed a binding Memorandum of Understanding to acquire the Comet Vale gold project, located in the Eastern Goldfields region of Western Australia from Reed Resources (ASX: RDR) for $6 million in cash. Crest is to acquire Reed’s subsidiary company Sand Queen Gold Mines, which holds the Comet […]
Canyon Resources extends Tao mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Canyon Resources (ASX: CAY) has received results from a recently completed RAB (Rotary Air Blast) drilling campaign on the company’s Tao project in north eastern Burkina Faso, which it claims has extended gold mineralisation. Canyon carried out the 168 hole RAB drilling program south of the Tondoby prospect. Tao project drill […]
Castle Minerals intercepts new gold zone
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) has reported a new zone of bedrock gold within Birimian sediments via drilling recently conducted on the company’s Wa project in north‐west Ghana. The company undertook wide-spaced reconnaissance RAB drilling four kilometres south of recently announced Bundi gold mineralisation. The drilling returned a best result of: – 3 […]