ALL THE NEWS

Lamboo drilling extends flake graphite schist horizon

THE DRILL SERGEANT: Recent drilling conducted by Lamboo Resources (ASX:LMB) has extended the flake graphite schist horizon at the company’s 100 per cent-owned McIntosh graphite project north of Halls Creek in the East Kimberley region of Western Australia. The company has now completed 30 RC drill holes at target 2, which it said has confirmed […]

Millennium completes first gold pour at Nullagine

Millennium Minerals (ASX:MOY) has completed its maiden gold pour from the Nullagine gold mine in the East Pilbara District of Western Australia. The Nullagine gold project is a 1.33 million ounce gold resource contained within seven deposits on granted mining leases. The largest deposit is Golden Eagle located south of the township of Nullagine and […]

Alcoyne boosts Twin Hills Reserve and extends Texas mine life

THE BOURSE WHISPERER: Alcyone Resources (ASX:AYN) has reported a 30 per cent increase in the Ore Reserve estimate for the Twin Hills deposit at the company’s Texas silver and polymetallic project in southeast Queensland. The company also announced positive results of a Scoping Study conducted on the nearby Mt Gunyan deposit. Alcoyne said the combined […]

Drill results confirm Paulsens as high-grade, long-life.

THE DRILL SERGEANT: Northern Star Resources (ASX:NST) said its forecasts of for significant increases in cashflow and production next year remain on track. “We are delivering on all our key forecasts and in some cases, such as the mine and plant expansion, we are beating our targets,” Northern Star Resources managing director Bill Beament said […]

Assays continue to firm up Nova story for Sirius

THE DRILL SERGEANT: Sirius Resources (ASX:SIR) has received further assay results for nickel, copper and cobalt from two recent drill holes at the company’s Nova nickel-copper deposit. The company said the results confirm the presence of exceptional widths and strong grades of mineralisation at Nova. Preliminary (nickel, copper and cobalt only) results include:   Hole […]

Navarre commences drilling at Tandarra

THE DRILL SERGEANT: Navarre Minerals (ASX:NML) has commenced a 2012/2013 drilling program at the company’s Tandarra gold prospect, located km north of Bendigo in Victoria. Navarre has kicked of the program of air-core and diamond drilling at Tandarra with the aim of delineating the near surface extent of gold mineralisation within a four kilometre corridor […]

RNI to acquire Peak Hill from Montezuma

THE BOURSE WHISPERER: Resource and Investment (ASX: RNI) has reached an agreement with Montezuma Mining Company (ASX:MZM) for an option to acquire control of the Peak Hill gold project, located north of Meekatharra in Western Australia. Peak Hill comprises mining leases and prospecting and exploration licences covering a total of 211 square kilometres, which contain […]

MOD expands New Zealand footprint

THE BOURSE WHISPERER: MOD Resources (ASX:MOD) has expanded its New Zealand gold footprint by securing the Barrons Flat exploration permit. The Barrons Flat permit directly adjoins the 1.024 million ounce Sams Creek gold project in the Golden Bay region of the South Island. Sams Creek has an existing 1.024 million ounce inferred gold resource (based […]

Mineral Hill high-grade results continue for KBL Mining

THE DRILL SERGEANT: Drilling by KBL Mining (ASX:KBL) has extended the dimensions of a new copper-gold lode directly below the current development level of underground mining operations at the company’s Mineral Hill copper mine in New South Wales. The latest results stem from an ongoing underground diamond drilling program at Mineral Hill, which according to […]

Venturex drilling puts bounce into Sulphur Springs

THE DRILL SERGEANT: Venturex Resources (ASX:VXR) has reported some positive drilling results from an ongoing exploration program at the company’s Sulphur Springs copper-zinc deposit in the Pilbara region of Western Australia.   Sulphur Springs project location. Source: Company announcement   The company completed six hole RC drilling program at the main Sulphur Springs deposit targeting […]