ALL THE NEWS
Alloy Resources claims new Crack of Dawn gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The completion of a 42 hole air-core drill program has led Alloy Resources (ASX: AYR) to claim a new greenfileds gold discovery. The drilling was carried out on the Crack of Dawn and Dusk til Dawn prospects at the company’s Horse Well project in Western Australia during mid-December 2012. The program tested […]
Altona Mining accelerates progress of Outokumpu project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Altona Mining (ASX: AOH) is making solid progress in regard to operations on the company’s Outokumpu project in South East Finland. The Outokumpu project comprises the new Kylylahti underground mine and the refurbished Luikonlahti processing plant. The operation involves ore being trucked 42 kilometres from the mine to the mill. “I am […]
MacMahon Holdings lands major Fortescue deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: To paraphrase Mark Twain, it would seem the reports concerning the possible demise of Fortescue Metals Group (ASX: FMG) have been grossly overstated. The company has signed up Western Australia-based mining contractor Macmahon Holdings (ASX: MAH) to deliver open cut mining services as part of FMG’s Christmas Creek mine expansion. Mcmahon trumpeted […]
Sirius Resources continues good Nova news
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The good news keeps coming for Sirius Resources (ASX: SIR) with ongoing drilling at the company’s Nova project confirming the continuity and grade of the deposit. Sirius indicated it is currently on schedule for maiden JORC mineral resource estimate around the end of March with five drill rigs currently deployed on Nova. […]
Ventnor kicks off 2013 drilling at Thaduna/Green Dragon
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ventnor Resources (ASX: VRX) has resumed drilling at the company’s Thaduna/Green Dragon copper project in Western Australia following the break over Christmas. The company has drilling planned for the first seven holes, from which it anticipates to intersect a high-grade shoot it identified in drilling before the break. The company said the […]
InterMet Resources secures option on WA nickel project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: InterMet Resources (ASX: ITT) has executed a binding Option Agreement with Rossiter Minerals for an exclusive six month option to acquire an 80 per cent interest in the Calypso nickel sulphide project located in Western Australia. InterMet described the Calypso project as an early-stage nickel exploration project. It is located north of […]
Emergent Resources to adjust focus on Columbia
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Emergent Resources (ASX:EMG) has entered into a conditional agreement to acquire West Rock Resources, a move the company claims will reposition it as a Colombian-focused base and precious metals explorer. A privately-owned Australian entity, West Rock has an established exploration team in Colombia, and, through its wholly-owned subsidiaries, has the rights to […]
Aziana commences graphite search in Madagascar
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Madagascar-focused exploration play Aziana Limited (ASX: AZK) has commenced exploration on graphite exploration licenses situated with the company’s Belanitra graphite project in the Fisoroana-Belanitra district. The exploration permit (TN20187) comprises five tenement squares covering an area of 31.25 square kilometres. The licensed area is held by Aziana’s wholly-owned Madagascar subsidiary, Tanety Lava, […]
Orinoco Gold triples Cascavel strike length
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Recently completed drilling by Orinoco Gold (ASX: OGX) has extended the size of a gold-bearing quartz carbonate vein system at the Cascavel target, situated within the company’s 70 per cent-owned Curral de Pedra project, located in the central Brazilian state of Goiás. Orinoco said the drilling has more than tripled the known […]
Rox Resources launches EM Survey at Fisher East
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has commenced an electro-magnetic (EM) survey at the Fisher East nickel sulphide discovery. Fisher East forms part of the company’s Mt Fisher project, located north of Kalgoorlie in Western Australia. The company conducted Reverse Circulation (RC) drilling in December 2012. This program included five holes drilled at the […]