ALL THE NEWS
Successful drilling campaign allows Mutiny to increase Deflector Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mutiny Gold has updated the JORC-compliant Resource for the company’s Deflector gold-copper deposit in Western Australia. Using a 0.5 grams per tonne gold cut-off grade, Mutiny announced the August 2012 Deflector resource model represents an increase of 61,000 ounces of gold, and a 26 per cent increase of average gold grades when […]
Bassari encounters high-grade gold at Makabingui
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bassari Resources has encountered high-grade gold intercepts from a resource drilling program currently underway at the company’s Makabingui gold project in Senegal, West Africa. Bassari is conducting the drill program with its focus on growing Resources at Makabingui to over one million ounces by year’s end. The current resource drilling program has […]
Historic drilling confirms Talga’s Swedish graphite
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Talga Gold has received analytical results from a program of historic assay verification and resampling it had carried out on selected historic drill cores for graphite. The historic drill cores used in the program were drilled at five of Talga’s 100 per cent-owned Swedish graphite projects either by the Swedish Geological Survey […]
Octagonal to treat Unity gold
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Octagonal Resources has entered into an agreement with Unity Mining to re-process tailings from Unity’s Kangaroo Flat gold mine near Bendigo at Octagonal’s Porcupine Flat gold processing plant at Maldon in Central Victoria. Octagonal has agreed to remove, and re-process all of the flotation concentrate tailings from the Kangaroo Flat gold mine […]
Exco receives positive drilling results from Kangaroo Rat
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Exco Resources has received results of recently completed infill diamond and extensional Reverse Circulation (RC) drilling programs at the company’s wholly-owned Kangaroo Rat deposit, located within the Elder Creek project area. Exco said it believes high-grade ore from the Kangaroo Rat deposit may be economically extracted by conventional open pit mining techniques […]
BC Iron and Cleveland strike Brazil JV agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Pilbara iron ore producer BC Iron has entered into an Iron Ore Strategic Alliance with Brazil-focused iron ore development company Cleveland Mining Company. Under the terms of the Alliance, BC Iron will take a five per cent equity stake in Cleveland at 64 cents a share, spending approximately $6 million. As part […]
Foyson Resources enlists TSX-listed TVI Pacific to JV New Guinea projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Foyson Resources has signed a Heads of Agreement (HOA) to enter into a strategic relationship with TSX-listed company TVI Pacific to explore and develop Foyson’s mineral projects in Papua New Guinea. TVI Pacific is a Canada-based company focused on the production, development, exploration and acquisition of resource projects in the Philippines. “The […]
Volta Mining acquires Mbombo iron ore project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Emerging West Africa-focused company Volta Mining has been granted, the Mbombo iron ore project, through its 80 per cent-owned Gabonese subsidiary, Volta Iron SA. The project consists of two exploration licences located in Gabon, West Africa. The company said the exclusive licences are prospective for iron ore and cover a total area […]
Renaissance diamond drilling reveals Okvau potential
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Renaissance Minerals has received the latest results from an ongoing diamond drilling program being conducted at and around the company’s Okvau gold deposit in Cambodia. The company completed a small reconnaissance program of five shallow diamond drill holes to test anomalous gold in soils extending for over 500 metres to the immediate […]
Sirius extends Conductor 1 and finds conductor 4
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Fraser Range ‘neighbour of the year’ Sirius Resources has concluded a detailed electromagnetic (EM) surveying at its Nova nickel discovery, which the company said has confirmed and extended the main EM conductor (conductor 1) and also identified an entirely new EM conductor to the southwest of previous drilling. The new conductor, known […]