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Peel scores big copper hit at Mallee Bull

THE DRILL SERGEANT: Peel Mining (ASX: PEX) has received further encouraging results from exploration drilling at the company’s Mallee Bull project with drillhole MBDD009 intersecting a broad 72 metres zone of variable stringer/breccia sulphide mineralisation. The intersection included an approximate 18m zone of intense chalcopyrite-dominant mineralisation from 542m. Peel said the intercept represents the deepest […]

Energia kicks off expanded drilling program at Nyang project

THE DRILL SERGEANT: Energia Minerals (ASX: EMX) has commenced a program of 10,000 metres of aircore drilling at the company’s 100 per cent-owned Nyang uranium project in the Carnarvon Basin of Western Australia. The drilling program is expected to continue until the end of November and follows the company’s recently announced $2.3 million capital raising […]

IMX Resources extends Lionja mineralisation

THE DRILL SERGEANT: Recent drilling by IMX Resources (ASX: IXR, TSX: IXR) along the Ntaka – Lionja ultramafic trend, which extends eight kilometres south from the company’s Ntaka Hill nickel sulphide project in Tanzania, has intersected new high-grade and disseminated nickel sulphide mineralisation.   Project Location. Source: Company announcement   New diamond drilling has extended […]

Mining Group identifies new high-grade gold system at Taub

THE DRILL SERGEANT: Mining Group (ASX: MNE) has identified a new extensive high-grade gold bearing vein system at the Taub prospect at the company’s 80 per cent- owned Comval copper-gold project in the Philippines. Taub is a newly discovered gold target approximately 7.5 kilometres north of the recently discovered Tagpura North target.   Location and […]

Cove goes drilling at Quartz Circle

THE DRILLL SERGEANT: Cove Resources (ASX: CVE) has commenced the next phase of drilling at the Quartz Circle volcanogenic massive sulphide (VMS) project (80 per cent CVE), located in the Pilbara region of Western Australia. Cove said it had been encouraged by the previous phase of drilling it had conducted at the project. According to […]

YTC acquires 100 per cent of Doradilla project

THE BOURSE WHISPERER: YTC Resources (ASX: YTC) has reached an agreement with Straits Resources (ASX: SRQ) to acquire 100 per cent of the Doradilla project in north-western New South Wales. Prior to the Agreement, YTC had been earning an initial 70 per cent in the Doradilla project from Straits Resources through sole funding exploration expenditure […]

Winmar completes 51 per cent earn-in at Hamersley iron project

THE BOURSE WHISPERER: Winmar Resources (ASX: WFE) has completed its earn-in requirements under the Farm-in and Joint Venture Agreement with Cazaly Iron, a wholly owned subsidiary of Cazaly Resources (ASX: CAZ), for the Hamersley iron project.   Winmar has informed its JV partner Cazaly that it is of the view it has now earned its […]

Aguia encouraged by Brazilian drill results

THE DRILL SERGEANT: Fertiliser development company Aguia Resources (ASX: AGR) has received encouraging drilling results from the company’s Três Estradas phosphate project located in the state of Rio Grande do Sul in southern Brazil. The company completed a program of drilling in October consisting 21 holes of diamond drilling totalling 4,016 metres and 105 reverse […]

Aphrodite commences new drilling at eponymous gold project

THE DRILL SERGEANT: Aphrodite Gold (ASX: AQQ) has kicked off the next phase of Reverse Circulation (RC) drilling at the company’s Aphrodite gold project located 65 kilometres north of Kalgoorlie, Western Australia. The company currently has a Pre-Feasibility Study (PFS) for development of the project in progress having completed a positive Scoping Study earlier this […]

Queensland Mining Awards 2012

THE CONFERENCE CALLER: Before handing out the gongs for Queensland Explorer and Miner of the Year 2012, Queensland Minister for Natural Resources and Mines, Andrew Cripps outlined the recently-elected state government’s dedication to the local resources industry. He told the Brisbane Mining 2012 conference the Newman LNP government was committed to putting Queensland at the […]