ALL THE NEWS
Metallica completes SCONI pilot testwork
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallica Minerals (ASX:MLM) has successfully completed the second phase of the company’s pilot metallurgical test program on representative SCONI (scandium-cobalt-nickel) oretypes. Metallica completed the first phase of the metallurgical testwork earlier this year in two separate steps. The first step involved the leaching of metals into a pregnant leach solution (PLS) through […]
Strategic Energy gains access to Cultana Military ground
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Strategic Energy Resources (ASX:SER) has been granted federal access to Commonwealth land known as Cultana Military Training Area in South Australia. Strategic Energy described the Cultana area as one of the best remaining blocks to explore for iron-oxide-copper-gold (IOCG) type mineralisation in South Australia. It forms part of the Olympic Dam province […]
Breakaway kicks off follow-up drilling at Sandy Creek
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Breakaway Resources (ASX:BRW) has commenced a follow-up diamond drilling program at the company’s Sandy Creek copper-gold project, located south-east of Cloncurry in North Queensland. Breakaway is conducting the drilling program with the following objectives: – To test the down-plunge potential of the identified higher-grade/thicker zone within the Sandy Creek Main Zone resource […]
Rox enters Bonya copper JV with Arafura
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX:RXL) has entered into a Farm-in Agreement with Arafura Resources (ASX:ARU) to explore the Bonya copper project. The deal allows Rox to earn a 70 per cent interest in the, what is considers to be, large and highly prospective copper project. Visible outcropping copper mineralisation at the old Bonya Mine […]
Exco delivers maiden Salebury copper-gold Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Take-over target Exco Resources (ASX:EXS) continues to demonstrate its value with the completion of a maiden JORC-compliant (combined Indicated and Inferred) resource for the Salebury copper-gold deposit. The maiden mineral resource for the Salebury deposit has come in at 1.3 million tonnes at 0.90 per cent copper and 0.54 grams per tonne […]
International Goldfields and US-based, Santa Fe Gold Corporation to merge
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: International Goldfields (ASX:IGS) and United States-based, Santa Fe Gold Corporation (OTCBB:SFEG) have entered into a conditional Binding Heads of Agreement (HoA) to merge. In an announcement to the ASX the merged entity was described as a diversified, well-funded and low cost gold-silver explorer, developer and miner. It will have the advantage […]
Alara delivers Resource upgrade in Saudi Arabia
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alara Resources (ASX:AUQ) has increased the JORC Measured and Indicated zinc and copper Resource at the company’s Khnaiguiyah zinc-copper project in Saudi Arabia. The Measured and Indicated JORC Resource for Zones 1, 2 and 3 at Khnaiguiyah now stands at 25.33 million tonnes at 4.03 per cent zinc and 0.16 per cent […]
Discovery calculates maiden Resources estimate for Ophion
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Discovery Metals (ASX:DML) has calculated a maiden Mineral Resources estimate at the Ophion deposit. The Ophion deposit is located approximately 35 kilometres from the company’s 100 per cent-owned Boseto copper project. “Ophion is an interesting deposit where copper-silver mineralisation is often present in multiple layers,” Discovery Metals managing director Brad Sampson said […]
Bannon enters copper JV in Namibia
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bannon Limited (ASX:BNX) has signed a binding Heads of Agreement with African Mining Capital (AMC) to enter into a joint venture to earn and acquire 76 per cent of the Kaoko project, located in Namibia. The Kaoko project comprises six exploration licences covering a total of 3722 square kilometres. The project has […]
Potash West serves maiden resource at Dinner Hill
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Potash West (ASX:PWN) has completed the first resource estimate at the company’s Dinner Hill prospect, which is part of a much more extensive tenement holding of some 2,900 square kilometres in the Dandaragan Trough commencing just 50km north of Perth in Western Australia. Potash West said the new JORC resource estimate has […]