ALL THE NEWS
Syndicated Metals hits strong copper over 2.5km strike
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Syndicated Metals (ASX:SMD) has intersected several zones of high-grade copper, within broader widths of disseminated copper-gold sulphide mineralisation, over a 2.5 kilometre strike length with its maiden drilling program at the company’s Yamamilla copper-gold project in North Queensland. The Yamamilla project is located within the northern part of Syndicated’s Mount Isa project, […]
Scoping Study supports Blackthorn’s Kitumba confidence
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackthorn Resources (ASX:BTR) has had a scoping study completed for the company’s 100 per cent-owned Kitumba project located in Zambia, which hosts the Kitumba resource. The Study was based on a recently completed geological model by MSA Group ,which estimated 439 million tonnes of in situ ore at a 0.25 per cent […]
Pegasus reports copper-zinc-silver hits at Mt Mulchay
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pegasus Metals (ASX:PUN) has intersected high-grade copper with zinc and silver in massive sulphides during an initial drilling program being conducted at the South Limb Pod deposit at the company’s Mt Mulcahy project in Western Australia. Pegasus said the results confirm Mt Mulcahy hosts high-grade copper-rich polymetallic volcanogenic massive sulphide (“VMS”) mineralisation. […]
Potash West confirms grade and continuity of glauconitic greensands
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Potash West (ASX:PWN) has received initial assay results from resource definition drilling completed in June at the Dinner Hill prospect within the company’s Dandaragan Trough potash project. According to Potash West the drilling has defined continuity of well-preserved Molecap Greensand at an average thickness of nine metres, thickening to a maximum of […]
ABM Resources hits big numbers at Golden Hind
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: ABM Resources (ASX:ABM) has received some fairly impressive results from the first round of drilling conducted at the Golden Hind prospect. Golden Hind is located 800 metres south of the Old Pirate gold deposit on the company’s Twin Bonanza Gold Camp project in the Northern Territory. Map view of the Golden […]
Fortescue halts trade in shares on ASX
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Fortescue Metals Group (ASX:FMG) has requested the Australian Securities Exchange place its share in a trading halt effective from commencement of trading today (14 September 2012). Asking for the halt Fortescue said it was concerned regarding continued rumours and speculation in respect of its bank related facilities. The company said discussions with […]
Sirius Resources continues Nova drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sirius Resources (ASX:SIR) has advised the market on the completion of a further two diamond drill holes at the company’s Nova nickel-copper discovery. The first of the most recent drilling intersected: – An upper zone comprising 21.2 metres of disseminated sulphides and 2.5 metres of massive sulphides from 343.6 metres; – A […]
Rox extends Myrtle’s Resource potential
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX:RXL) has reported results from six diamond drill holes recently completed at the Myrtle/Reward zinc project, south-east of Darwin in the Northern Territory. Project location. Source: Company announcement The drilling was conducted by Teck Australia, which is earning an initial 51 per cent interest in the project. Three […]
This week at The Roadhouse
/in Uncategorized /by Wally GrahamLadies Night at The Roadhouse took on a particularly strange tone this week when former Prime Minister K Rudd entered the bar. After we explained that our regular Tuesday ‘Ladies Night’ was a bit different to the one he famously experienced in New York before being elected to the top job some years ago, he […]
Sandfire close to commissioning Degrussa processing facility
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Sandfire Resources (ASX:SFR) has commenced the commissioning process for the 1.5 million tonnes per annum processing facility at the company’s 100 per cent-owned DeGrussa copper-gold project in Western Australia. Source: Company announcement Sandfire said the commencement of commissioning of the DeGrussa Concentrator within 12 months of the contractor mobilising to […]