ALL THE NEWS
Peter Spiers – Orbis Gold
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Orbis Gold managing director Peter Spiers found time from a busy schedule at the RIU Melbourne Resources RoundUp to speak with The Roadhouse about the company’s West African adventures. The name Orbis Gold (ASX:OBS) is one that is unfamiliar to me. Is that because I haven’t been paying enough attention or […]
Victoria – Open for (resources) business
/in Uncategorized /by Wally GrahamOUT AND ABOUT: Opening the RIU Melbourne Resources RoundUp, Victorian Minister for Energy and Resources Michael O’Brien paid homage to the state’s mining history by informing those present of the state Parliament’s decision to establish a Victorian mineral emblem. “It will not shock you to hear that we, as a Parliament, unanimously decided to appoint […]
Chinese develop appetite for bauxite, copper and zinc
/in Uncategorized /by Wally GrahamOUT AND ABOUT: China’s appetite for iron ore may have waned recently, however the new items on the Dragon’s menu look like being bauxite, copper, and zinc. Everyone knows China has a huge appetite for commodities, that part of any resources-related story is not new. However, its tastes appear to be changing and the magnitude […]
IMX reports positive flotation results from Ntaka Hill
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IMX Resources (ASX:IXR) has announced good metallurgical results from initial flotation test work on samples of disseminated hanging wall mineralisation taken from the Sleeping Giant zone at the company’s Ntaka Hill nickel sulphide project. The project is located west of the port town of Mtwara in Tanzania, and is part of the […]
Eastern Iron completes $1.26 million raising
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Eastern Iron (ASX:EFE) has raised $1.26 million via a placement of 22.8 million shares at 5.5 cents per share. The price represents a 28 per cent premium to the average closing price for the week prior to the placement. Eastern Iron said the funds raised by the raising will go towards the […]
MacPhersons intersects Nimbus Lens 5 14m below surface
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Having already extended Lens Nos. 1, 2, 3, and 4, at its 100 per cent-owned Nimbus silver-zinc-gold project, MacPhersons Resources (ASX:MRP) has now announced further successful drilling results. The latest drilling results received by the company have shown both silver oxide and silver sulphide mineralisation continues between the Nimbus Discovery and East […]
Castle confirms gold mineralisation at Wa South
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Castle Minerals Limited (ASX: CDT) is pleased to announce that RAB drilling at its Wa South prospect in north‐west Ghana has confirmed two parallel trending gold zones approximately one kilometre apart. According to the company this represents the first known gold mineralisation in the area. The discovery came about through soil sampling, […]
Globe takes 100 per cent bite of Chiziro graphite project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Globe Metals and Mining (ASX:GBE) has acquired 100 per cent of the Chiziro graphite project in Malawi. The company has received the official notification of transfer from the Malawian Minister of Natural Resources, Energy and Environment. Following the transfer of the exploration licence to Globe, the company will now pay the agreed […]
International Goldfields hits new mineralisation and extends Brazilian strike
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: International Goldfields (ASX:IGS) has completed an RC drilling program on the Ana prospect, located within the Latin gold project (IGS 93 per cent) in Mato Grosso, Brazil. The company has received results for an additional 12 RC holes, which it said has confirmed gold mineralisation for 1,000 metres. Ana prospect: drill […]
Nemex encouraged by Resource drilling in West Africa
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Iron ore explorer Nemex Resources (ASX:NXR) has reported infill results it has received from 71 drill holes carried out at the Boulere prospect, part of the company’s Télimélé project in Guinea, West Africa. Highlights of the recent campaign include: – 3 metres at 54.8 per cent iron (59.6 per cent calcined iron) […]