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Tungsten Mining phase 1 drilling provides encouragement for more

THE DRILL SERGEANT: Recently-listed Tungsten Mining (ASX: TGN) has been encouraged by positive results it has received from the final analysis of the first eight holes of a Phase 1 drilling program, at the company’s Kilba tungsten project in the Gascoyne Region of Western Australia. Tungsten Mining commenced diamond drilling in November 2012 to confirm […]

TNG prepares Mount Peake numbers for resource upgrade

TNG Limited (ASX: TNG) has received results of recent resource drilling undertaken at the company’s Mount Peake vanadium-titanium-iron project in the Northern Territory. The drilling encountered consistent mineralised intercepts both within and around the existing resource area. TNG completed a program of Reverse Circulation (RC) drilling during the December 2012 Quarter, which was designed to […]

Radar Iron to acquire Mt Ruby magnetite deposit

THE BOURSE WHISPERER: Radar Iron (ASX: RAD) has reached  an agreement to acquire 51 per cent of the Mount Ruby magnetite deposit in the Innisfail district of Far North Queensland from private company, Developed Iron Ore.   Project location. Source: Company announcement   An exploration target for the high grade magnetite mineralisation at Mt Ruby […]

The Pick 7 Feb 2013

For the latest releases from The Pick please click the links below. Venturex Resources (ASX: VXR) Non-Executive Director Appointment… Read more IMX Resources (ASX: IXR) IMX Appoints Azure Capital as Corporate Advisor… Read more International Goldfields (ASX: IGS) Copper Values Increase in Extension Drilling of Gold-Copper Mineralisation, Latin Gold Project, Brazil… Read more Latin Resources […]

Southern Hemisphere Mining farms in major mining partner

THE BOURSE WHISPERER:  Southern Hemisphere Mining (ASX: SUH) has shored up a farm-in deal with global major Anglo American over three exploration projects in Chile. The farm-in option agreement allows Anglo American to earn up to 75 per cent equity in the Chitigua, Carboneras and Meteoritica exploration projects by spending up to US$25 million on […]

Mutiny Gold receives government stamp for Deflector project

THE BOURSE WHISPERER: Mutiny Gold (ASX: MYG) has received Mining Proposal approval from the Western Australia Department of Mines and Petroleum (DMP) for the company’s Deflector gold-copper project in the Mid-West of Western Australia. The project has been approved subject to the payment of security bonds. The approval of the Mining Proposal by the DMP […]

International Goldfields JV to merge exploration projects in Brazil

THE BOURSE WHISPERER: International Goldfields (ASX: IGS) has entered into a Memorandum of Understanding to form an incorporated Joint Venture between the company’s 93 per cent-owned private entity Latin Gold and Brazil-based private entity group Biogold Investment Fund. The deal will result in Latin Gold will transfer assets of its 100 per cent-owned subsidiary Amazongold […]

Nimrodel Resources closes second Tanzanian copper deal

THE BOURSE WHISPERER: Nimrodel Resources (ASX:NMR) has acquired a second copper deal in Tanzania, executing its second Heads of Agreement in as many weeks, this time for the right to acquire an 85 per cent interest in a contiguous grouping of 54 Primary Mining Licences (PML’s) in the copper mining area of Kigoma in western […]

Latin Resources boosts Guadalupito project in Peru

THE BOURSE WHISPERER: Latin Resources (LRS: ASX) has boosted the total JORC-compliant Inferred Resources at the company’s Guadalupito iron and heavy mineral sands project in Peru. The total Inferred Resources for the project have increased 371 per cent from 392 million tonnes with 17.6 million tonnes of contained heavy mineral to 1,465 million tonnes with […]

Northern Star plans Resource upgrade for Ashburton project

THE DRILL SERGEANT: Northern Star Resources (ASX: NST) is gearing up for the release of, what the company described as, a significant resource upgrade at its Ashburton gold project in Western Australia. The upgrade is expected after the company received a recent raft of drilling results it says support its plan to make the Ashburton […]