ALL THE NEWS
Beadell Resources extends Duckhead
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Beadell Resources ASX:BDR has received further high-grade composite results from an ongoing drilling program at the company’s Duckhead prospect in Brazil. The company is of the opinion that the drill results confirm the initial Duckhead JORC inferred resource of 115,000 tonnes at 17.1 grams per tonne gold for 63,000 ounces will continue […]
Altona claims new copper discovery at Roseby
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Altona Mining (ASX:AOH) has claimed a new copper discovery at the company’s 100 per cent-owned Roseby project near Mt Isa in Queensland. The discovery was made at Turkey Creek, located around two kilometres east of Altona’s 100 million tonne Little Eva deposit. Copper deposits in the central portion of the Roseby […]
Taruga Gold drilling hits high-grade Kossa gold
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Taruga Gold (ASX:TAR) has received assay results for reverse circulation (RC) drilling recently completed at the Borobon and Kole prospects within the company’s Kossa project in Niger, West Africa. The Borobon prospect is located at the southern end of the Kossa-Borobon trend. Taruga has now completed 30 RC drill holes at Borobon. […]
Lamboo Resources encouraged by graphite drilling results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Graphite exploration play Lamboo Resources (ASX:LMB) is anticipating completion of exploration drilling of flake graphite Targets 2 and 3 at the company’s McIntosh graphite project in the East Kimberley of Western Australia ahead of schedule by the end of September. Lamboo said it expects drilling of Target 1 to be completed by […]
Peter Batten – De Grey Mining
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Having its Australian Joint Ventures under control of its partner companies has enabled gold explorer De Grey Mining to gain a foothold in South America. Managing director Peter Batten dropped in to give us the low down. You are involved in a number of projects located in Australia; however it […]
Gold rebound of no surprise
/in Uncategorized /by Wally GrahamThe rebound in gold is no surprise – the only surprise was the initial sell-off. With all of the ongoing doom and gloom in financial markets, it’s important to maintain some perspective and take a look at the facts. At the moment market sentiment and headlines continue to be dominated by Greece and other parts […]
What the Brokers say
/in Uncategorized /by Wally GrahamA couple of interesting research reports arrived at The Roadhouse this week. Here’s some edited highlights. Continental Coal (ASX:CCC) Continental Coal is an established coal producer with an increasing production profile. The company is in the advanced stages of development at the 68 million tonne Penumbra mine which should deliver first coal 2H 2012. […]
Ramelius hits new high-grade gold at Mt Magnet
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ramelius Resources (ASX:RMS) has intersected further high-grade gold mineralisation while conducting new drilling below historic open pit areas at the company’s wholly-owned producing Mt Magnet gold mine in Western Australia. Results received to date from reverse circulation (RC) drilling under the Water Tank Hill pit, include: – 14 metres at 5.56 grams […]
More silver hits signal resource upgrade for Balamara
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Balamara Resources (ASX:BMB) has started working up an updated JORC Mineral Resource for the company’s Montenegro base metals project, affectionately known as Monty, in Central Europe. Balamara’s Central European project locations. Source: Company announcement The calculators and slide rules were put to work after the company received results from drilling […]
Monax confirms high-grade coarse-flake graphite at Waddikee
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Monax Mining (ASX:MOX) has received laboratory assay and petrology results from samples provided from the Wilclo South prospect at the company’s Waddikee project located on the northern Eyre Peninsula of South Australia. Location of the Waddikee project, central Eyre Peninsula, highlighting other graphite and iron projects within the region. Source: Company […]