ALL THE NEWS
Red Mountain Mining claims new god discovery at Lobo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has claimed discovery of a new high-grade epithermal gold vein at the Lobo prospect, situated within the company’s Batangas gold project, located 100 kilometres south of Manila in the Philippines. The company said it had identified a continuous 19 metre surface channel of 1 metre spaced samples […]
Ramelius Resources completes Water Tank Hill resource estimate
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has completed a Mineral Resource Estimate for the Water Tank Hill deposit situated alongside the company’s Mt Magnet gold mine in central Western Australia. The new estimate for the Water Tank Hill satellite deposit has come in at 63,000 ounces of gold. Ramelius indicated the Water Tank Hill […]
Investigator identifies new silver targets at Peterlumbo
/in Uncategorized /by Wally GrahamTHE DRILL SEARGEANT: Investigator Resources (ASX: IVR) has identified new silver targets in the eastern part of the Peterlumbo Joint Venture tenement (75 per cent IVR). The targets are situated at distances of 15 kilometres to 30 kilometres east of the Paris silver deposit. Investigator said it had defined the new targets via first-pass soil […]
Australia takes over as biggest LNG supplier to Japan
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australia has become the largest supplier to the world’s biggest Liquefied Natural Gas (LNG) buyer – Japan – for the first time. According to the latest EnergyQuarterly Report – by energy economics group EnergyQuest – Australia exported 15.9 million tonnes (Mt) of LNG to Japan in 2012, overtaking Qatar, which exported 15.7Mt, […]
Continental Coal settles one deal and sets up another
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Continental Coal (ASX: CCC) has completed settlement on the sale of its shareholding in Vanadium and Magnetite Exploration and Development Co (SA) (Pty) Limited. Continental said the total sale proceeds of approx. US$10 million from the sale of the company’s shareholding in VanMag will be put towards purchasing all the outstanding minority […]
Renaissance Minerals announces 1.2M ounce gold resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has announced a JORC-compliant gold Indicated and Inferred resource estimate for the company’s 100 per cent-owned Okvau gold deposit in Cambodia, of 15.6 million tonnes at 2.4 grams per tonne gold for 1.2 million ounces. The resource estimate comprises 15.2 million tonnes at 2.3g/t gold for 1.11 million […]
Octagonal Resources checks old drilling and scores copper
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Octagonal Resources (ASX: ORS) has received results from copper analysis of aircore drill holes completed at the Burns prospect, within the company’s Hogans project in Western Australia. During 2011 aircore drilling was conducted the Burns prospect to test for an Archaean-style lode-gold deposit, with samples analysed for gold only. A subsequent drilling […]
RNI records further results at Jacques discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Resource and Investment (ASX: RNI) has received assay results recently completed drilling programs at the Jacques gold discovery. The Jacques prospect (RNI 80 per cent) is part of the Morck’s Well group of tenements within the company’s Grosvenor gold and base metals project near Meekatharra in Western Australia. The assay results from […]
Castle Minerals increases Julie West resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) has increased the total gold resource for the Julie West prospect in Ghana by 24 per cent to 487,100 tonnes at 4.4 grams per tonne gold for 69,000 ounces. The increase at Julie West comes from a maiden resource estimate the company has completed for the high-grade Danyawu […]
Core Exploration sampling highlights mineralisation at Blueys
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Core Exploration (ASX: CXO) has completed its first reconnaissance mapping and surface rock-chip sampling foray at the Blueys prospect, situated within the company’s Albarta project in the Northern Territory. Core said the recently-conducted sampling program had confirmed high-grade silver and high-grade copper at surface at Blueys. The Albarta project covers over 2,000 […]