ALL THE NEWS
Ampella Mining upgrades Konkera Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Ampella Mining (ASX: AMX) has upgraded the JORC Code-compliant Resource at the Konkera deposit, situated within the company’s 100 per cent-owned Batie West gold project in Burkina Faso. The upgrade comes on the back of an infill drilling campaign completed during 2012 on the Konkera Resource for pre-feasibility studies (PFS) purposes and […]
Green Rock Energy and AWE form renewable JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Green Rock Energy (ASX: GRK) has announced the signing of a Memorandum of Understanding between its subsidiary company Mid West Geothermal Power (MWGP) and AWE Australia, a subsidiary of ASX-listed oil and gas exploration company AWE (ASX: AWE). The MoU covers the intention of forming a joint venture to demonstrate the development […]
AusAmerican Mining hits high-grade massive sulphide at Blue Bell
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) has recorded its best drilling intercept to date from the maiden drilling program being conducted at the company’s Blue Bell project in Arizona. The latest Blue Bell drilling result has returned high-grade copper-gold-silver mineralisation of: – 17 metres at 4.5 per cent copper equivalent (CuEq) (2.1 per […]
Castle Minerals claims bedrock gold discovery at Bundi
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals (ASX: CDT) has claimed discovery of an open ended zone of bedrock gold mineralisation over one kilometre long while conducting RAB drilling at the Bundi prospect, situated within the company’s Wa project in north-west Ghana. Wa project geology and prospect locations in north-west Ghana. Source: Company announcement Castle […]
Aruma Resources to raise $2.5M to fund WA gold exploration
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Western Australia-focused gold explorer Aruma Resources (ASX: AAJ) has agreed to raise up to approximately $2.5 million by way of a placement of up to 50 million shares at a price of 5 cents per share. The Placement is being made to professional and sophisticated investor clients of BBY Limited, which is […]
Independence group secures $170M funding from NAB
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Independence Group (ASX: IGO) has signed a new facility agreement with National Australia Bank (ASX: NAB) totalling $170 million. The company explained the new facility agreement provides it with a number of facilities that will provide financial flexibility as development of the company’s Tropicana gold project in Western Australia moves closer to […]
IMX Resources hits new nickel at Ntaka Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has reported new nickel sulphide intersections from a drilling campaign it carried out in November 2012 at the Zeppelin deposit, situated within the company’s Ntaka Hill nickel sulphide project in Tanzania. The drilling campaign at Zeppelin consisted of nineteen diamond drill holes and tested a target the company […]
Horseshoe Metals releases Kumarina maiden copper Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has completed a maiden JORC Code-compliant Mineral Resource estimation at the company’s Kumarina copper project, located in the Peak Hill Mineral Field of Western Australia. At a cut-off grade of 0.5 per cent copper, the Mineral Resource estimate is 835,000 tonnes at 1.3 per cent copper for 10,600 […]
Convergent Minerals increases gold resource at Van Uden project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Convergent Minerals (ASX: CVG) has upgraded the gold resource at the company’s 80 per cent-owned Van Uden project. Gold resources at the company’s two development projects within its Mt Holland Goldfield holding, Van Uden and Blue Vein, now total 603,000 ounces of gold. The upgrade brings the total resources at Mt Holland […]
Blackham Resources achieves positive metallurgical results at Matilda
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has completed preliminary feasibility metallurgical testwork and Process Design Criteria (PDC) at the company’s Matilda gold project in Western Australia. The completed work is the company’s second phase of metallurgical study. The independent PDC report has concluded the overall plant recovery based on the Matilda mining scoping study […]