ALL THE NEWS
Platina Resources to drill Owendale in March
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Platina Resources (ASX: PGM) has a new program of RC drilling on the company’s 100 per cent-owned Owendale platinum & scandium project in central New South Wales scheduled to commence in March. Platina claims the Owendale project as Australia’s newest platinum discovery and the world’s most high-grade scandium deposit. Location map […]
Discovery metals receives first drilling results from Aphrodite prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Discovery Metals (ASX: DML) has encountered copper-silver mineralisation at the Aphrodite prospect, situated within the company’s 100 per cent-owned prospecting licences in the Kalahari Copperbelt , 170 kilometres south west of its Boseto copper project in Botswana. The company recently completed a 14 hole drill program in the Aphrodite area, comprising 11 […]
Golden Rim releases maiden Resource and initial Scoping Study for Netiana Lodes
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources (ASX: GMR) has completed a maiden Mineral Resource estimate and received preliminary Scoping Study estimates on the Netiana Lodes at the company’s Balogo project, in Burkina Faso. The company has had an estimated JORC-code compliant Inferred Resource calculated of 850,000 tonnes at 6.8 grams per tonne gold for 185,000 […]
Cougar Metals exercises option for 51 per cent of Canadian gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cougar Metals (ASX: CGM) has exercised its Option Agreement with Kenora Prospectors & Miners to acquire a 51 per cent interest in the Shoal Lake gold project located in the Province of Ontario, Canada. “This agreement marks a change in focus for Cougar’s exploration team and provides shareholders with the opportunity to […]
AusAmerican Mining completes Arizona projects fund raiser
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian-American Mining Corporation (ASX: AIW) has completed a placement to sophisticated investors of over 21.5 million shares at 4.2 cents per share, raising $905,000 before costs. The company indicated the funds raised will be used to advance its Bluebell and De Soto VMS copper-gold-silver projects located in Arizona in the United States […]
Triton Gold expands Mozambique graphite project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Triton Gold (ASX: TON) has acquired a further two exploration license applications located in the Cabo Delgado Province of Mozambique, which the company considers to be an emerging graphite region. The company said the new licence applications provide a sizeable increase to its current land holding of 920 square kilometres. Triton said […]
Atlas Iron increases Pilbara Reserves 21 per cent
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Atlas Iron (ASX: AGO) has increased the company’s total Pilbara Ore Reserves by 21 per cent to 499 million tonnes. The company said the result had strengthened its existing operations, near term development projects and longer-term growth strategy. The upgraded Reserve estimate compares with figures Atlas published in 30 June last year. […]
MacPhersons Gives go-ahead for Nimbus Superpit
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MacPhersons Resources (ASX:MRP) has decided it has advanced pit optimisation studies to the stage where it has now released mining contracting tender documentation at its 100 per cent owned Nimbus silver-zinc-gold project located east of Kalgoorlie’s Super Pit gold mine. MacPhersons recently announced 46 per cent upgrade in the JORC classified Mineral […]
Peninsula releases maiden Karoo Mineral Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Peninsula Energy (ASX: PEN) has announced an initial JORC Code-compliant Mineral Resource estimate of 50.1 million pounds uranium at the company’s Karoo projects located in the Cape Provinces of South Africa. The estimate includes an indicated resource of 15.7 million pounds grading 1,020 parts per million uranium, above a cut off of […]
Red Mountain intersects big gold in the Philippines
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has completed drilling at the Lobo prospect within the company’s Batangas gold project, in the Philippines. The company said new drilling intersections encountered on the West Drift epithermal lode system have continued to define a high-grade gold shoot at Lobo. West Drift longitudinal projection with potential […]