ALL THE NEWS
White Rock strikes more gold and silver at Red Rock
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: White Rock Minerals (ASX: WRM) has been encouraged by further shallow gold results from a recently completed drilling program undertaken on its Red Rock prospect. The company considers the latest results have strengthened the potential for the Red Rock prospect to be incorporated as a new resource in an expanded mine plan […]
Australian mineral exploration took a dive late last year
/in Uncategorized /by Wally GrahamThe Australian Bureau of Statistics has released figures showing a decline in mineral exploration expenditure toward the end of 2012. The Bureau’s MINERAL AND PETROLEUM EXPLORATION report for the DECEMBER QUARTER 2012 paints a sobering picture for the sector, which has so far enjoyed a, relatively, buoyant beginning to 2013. “The recent release by the […]
Potash West firms up Dandaragan Trough project
/in Uncategorized /by Wally GrahamA recent Scoping Study by Potash West has determined the Dandaragan trough project has strong economic fundamentals. Potash West (ASX: PWN) announced the results of its initial Scoping Study into the production of potassium sulphate and other products from its Dandaragan Trough project in January. The study considered a start-up rate of 2.4 million tonnes […]
Laconia adds high-grade copper to Rasuhuilca sample bag
/in Uncategorized /by Wally GrahamA fruitful review of historical exploration data of the Rasuhuilca project in Peru has developed Laconia Resources’ appreciation of narrow vein, high-grade copper-gold-silver deposits. When Laconia Resources (ASX: LCR) first informed the market of its intention to acquire the Rasuhuilca high-grade gold-silver project in the Southern Andes of Peru, the company’s managing director Ian Stuart […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Luiri Gold Limited (ASX: LGM) The current management team gained control of the Luiri Hill gold project in early 2011, following the Zambian Government cancelling the previous operator’s licence due to non-performance. In order to satisfy the Government, Luiri Gold has […]
Mine development suffered in 2012 slowdown
/in Uncategorized /by Wally GrahamINTIERRA-RMG: The 3,486 companies that make up the global mining industry had a combined market capitalisation of US$2,543 billion at the end of last year, for an average corporate valuation of some US$730 million. This rather bland statistic hides, however, a huge variation in the structure of the industry. On the final trading day of […]
Navarre Minerals earns 51 per cent interest in Sebastian gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Navarre Minerals (ASX: NML) has announced it has earned a 51 per cent participating interest in the Sebastian gold project, in line with the company’s farm-in agreement with Castlemaine Goldfields. The Sebastian project comprises two exploration licences (EL4536 and EL4974) located between the regional city of Bendigo and Navarre’s 100 per cent-owned […]
Sirius Resources drilling indicates Bollinger potential
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sirius Resources (ASX: SIR) has followed up the initial Bollinger discovery hole with an intercept of over 40 metres of massive and breccia sulphides, which the company claims to be an indication the substantive nature of the Bollinger deposit. Sirius said drilling has also confirmed its Nova deposit is connected to Bollinger […]
Azure Minerals survey confirms porphyry target
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a ground gravity survey, which has delineated two large, dense bodies at the company’s 100 per cent-owned La Tortuga project in Mexico. Azure has measured the larger of the two bodies to cover an area of 2,400 metres by 1,200 metres at its widest point, while […]
Avalon Minerals strikes further Swedish copper
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Avalon Minerals (ASX: AVI) has released assay results for seven drill holes from the current drill program being conducted on the D Zone prospect at the company’s Viscaria copper project in northern Sweden. Project location. Source: Company announcement Intersections from the assays include: – 34.8 metres at 1.2 per cent […]