ALL THE NEWS

Stratum Metals identifies nickel prospects on East Menzies Goldfield

THE DRILL SERGEANT: Stratum Metals (ASX: SXT) has completed a review of recent broad-spaced geochemical sampling on data from to completed in 2001 on part of the company’s East Menzies Goldfield project in Western Australia. According to Stratum the review has delineated the presence of several high-order, large scale nickel soil anomalies within a mineralised […]

What the Brokers say

WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe  Empire Resources (ASX: ERL) Empire’s flagship Yuinmery project currently hosts the Just Desserts deposit with a JORC (Indicated and Inferred) resource of 1.07 million tonnes at 1.82 per cent copper and 0.8 grams per tonne gold. The nearby ‘A Zone’ prospect, […]

Royal Resources receives Razorback PFS results

THE BOURSE WHISPERER: Royal Resources (ASX: ROY) has received the results of a Pre-feasibility Study conducted on the company’s Razorback premium iron ore project (RPIP) in South Australia. The company put a number of scenarios through the calculator during the PFS, finally choosingto go with the lowest risk, OPEX and CAPEX option as its preferred […]

Consolidated Tin shareholder completes Kagara acquisition

THE BOURSE WHISPERER: Consolidated Tin Mines (ASX: CSD) announce that Snow Peak Mining (SPM) has completed the acquisition of the Kagara Central Region project at Mt Garnet, near Cairns in northern Queensland. Consolidated Tin’s excitement regarding the acquisitions stems from the fact it holds a holds a 10 per cent interest in the share capital […]

Red Mountain Mining completes new Resource estimates

THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has released new Mineral Resource Estimates at much higher-grades across the company’s wholly-owned Batangas gold project, located south of Manila in the Philippines. The new Mineral Resource Estimates of total Inferred and Indicated Resources of 5.78 million tonnes at an average grade of 2.2 grams per tonne […]

St George Mining confirms nickel potential at Cambridge

THE DRILL SEREGANT: St George Mining (ASX: SGQ) has received laboratory assays for a 2012 drilling program conducted at the company’s 100 per cent-owned Cambridge nickel prospect at its East Laverton property in the north-eastern Goldfields region of Western Australia. The company claims the assay results to be largely consistent with XRF analysis it had […]

Polymetals completes Mt Boppy Feasibility Study

THE BOURSE WHISPERER: Polymetals Mining (ASX: PLY) has completed a feasibility study of the company’s Mt Boppy gold project in Central New South Wales. According to the company the study has demonstrated Mt Boppy to have potential as a development opportunity, which could generate healthy shareholder returns. “This project has near-term production potential, low execution […]

Cyclone Oswald causes trouble for Queensland miners

THE BOURSE WHISPERER: The recent heavy rainfall generated by ex-tropical cyclone Oswald has caused a great deal of damage across Queensland, which has led some miners to provide updates on its effect on their operations. Evolution Mining (ASX: EVN) has advised the market the heavy rain and flooding in Southern Queensland has not had a […]

Sheffield Resources has grounds for Pilbara consolidation

THE BOURSE WHISPERER: Sheffield Resources (ASX:SFX) announced to the Pilbara iron ore mining community it is prepared to participate in resource consolidation to get its ore to market. “The junior iron ore players in the Eastern Pilbara recognise the need to consolidate resources to achieve infrastructure solutions,” Sheffield Resources managing director Bruce McQuitty said in […]

Balamara Resources updates Monty Resource

THE DRILL SERGEANT: Balamara Resources (ASX: BMB) has released an updated JORC Mineral Resource for its 100 per cent-owned Montenegro base metals project (Monty) in Central Europe. The revised JORC report for the Brskovo deposit is summarised below:   Source: Company announcement   Balamara explained the Resource has incorporated the results of in-fill diamond drilling […]