ALL THE NEWS
Energia Minerals commences resource estimate at Nyang
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Coffey Mining is about to commence a new resource estimate for Energia Minerals (ASX: EMX) at the company’s 100 per cent-owned Nyang uranium project in Western Australia. The work for the estimate is scheduled to kick off in mid-January following Energia receiving encouraging results from a recently-completed aircore drilling program. Energia has […]
Wasabi Energy subsidiary set for TSX-V listing
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Power producer Wasabi Energy (ASX: WAS, AIM: WAS) has paid approximately US$5.6 million on behalf of Wasabi New Energy Asia (WNEA) for the first payment to purchase 50.5 per cent of Shanghai Shenghe New Energy Resources Science & Technology (SSNE). SSNE is the licensee for Wasabi Energy’s Kalina Cycle for China, Macau, […]
Ramelius Resources hits more gold at Water Tank Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ramelius Resources has intersected further high-grade gold mineralisation by way of RC and diamond drilling being carried out at the company’s Water Tank Hill prospect. The Water Tank Hill project is located at the company’s 100 per cent-owned Mt Magnet mine in the Murchison Province of Western Australia. Results received from drilling […]
AusAmerican identifies new VMS target at Bluebell
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian-American Mining (ASX: AIW) has identified a new copper VMS target on recently-staked ground one kilometre north of the company’s Bluebell mine in Arizona. The Bluebell North target was identified during the ongoing interpretation of a data package the company acquired in October this year. The data recovered and interpreted includes: – […]
Mithril Resources acquires new WA gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mithril Resources (ASX: MTH) has signed a Farm-in and Joint Venture Letter Agreement with KalNorth Gold Mines (ASX: KGM). The deal will result in Mithril earning up to an 80 per cent interest – by completing expenditure of $2 million over 4 years – in the Spargoville gold project, which is located […]
Silver Stone Resources to acquire OreCorp and all its Ethiopia and Mauritania projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Silver Stone Resources (ASX: SSZ) has entered into an implementation agreement to acquire 100 per cent of the issued capital of unlisted company OreCorp Limited. OreCorp holds various interests in gold and base metals projects located in Ethiopia and Mauritania. Source: Company announcement OreCorp’s key projects are the Yubdo […]
Investigator progresses Paris silver project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources (ASX: IVR) has received results of silver intersections from 18 new assayed holes from the company’s Paris silver project in South Australia. Investigator claims the results have firmed up the Western Sheet target and extend the Northeast Zone at the project. The company achieved intersections of 12.15 metres at 1,269 […]
Azure Minerals receives further good news from Promontorio project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has received results from the first four holes of an ongoing diamond drilling program currently underway at the company’s Promontorio project, located in the Mexican state of Chihuahua. The 32 hole, 3,600 metre drilling program has been designed to test the mineralised system outside of the current Promontorio […]
Red Mountain confirms second Philippine gold system
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has received drilling results it claims to have confirmed a second high-grade gold system within the company’s Batangas gold project located 50 kilometres south of Manila in the Philippines. The first hole of a planned 10-hole diamond drilling program at the West Drift epithermal lode structure at […]
Ausgold releases Resource estimate for Katanning project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ausgold Limited (ASX: AUC) has released a maiden JORC code-compliant Mineral Resource Estimate for the company’s Katanning gold project in Western Australia. Using a cut-off grade of 0.7 grams per tonne, the Resource has been estimated at 10.4 million tonnes averaging 1.21g/t gold for a contained 403,000 ounces of gold. The Measured […]