ALL THE NEWS

Exco intersects higher grades and thicker zones of copper at Mount Colin

THE DRILL SERGEANT: Exco Resources (ASX:EXS) has received results from five diamond drill holes that were recently completed at the company’s 100 per cent-owned Mount Colin copper-gold deposit in northwest Queensland. All five holes intersected primary copper-gold mineralisation (chalcopyrite) in the target zone. Results for the drilling of two extensional and three infill diamond drill […]

Manas receives key government nod for Shambesai gold project

THE BOURSE WHISPERER: Manas Resources (ASX:MSR) has received approval for a TEO study at the company’s 100 per cent‐owned Shambesai gold project in the Kyrgyz Republic, Central Asia. A TEO study is the Russian interpretation for Justification of Technical and Economic Conditions. Manas received approval for the study from the Mineral Reserves Commission acting on […]

Aeon Metals signs Letter of Intent with Rio Tinto Exploration

THE BOURSE WHISPERER: Aeon Metals (ASX:AQR), which used to be known as Aussie Q Resources, has signed a Letter of Intent (LOI) with Rio Tinto (ASX:RIO) subsidiary Rio Tinto Exploration (RTX). The LOI sets out terms in regard to a proposed earn-in and Joint Venture of Aeon’s 100 per cent-owned tenement EPM 17060 and all […]

Peak encounters highest intersections so far at Ngualla

THE DRILL SERGEANT: Peak Resources (ASX: PEK) has received assay results from 25 new infill drill holes carried out within the central bastnaesite core of the Southern Rare Earth Zone (SREZ) at the company’s 100 per cent-owned Ngualla rare earth project in Tanzania. The company said the results are the highest it has achieved to […]

Astro confirms additional HM mineralisation at Governor Broome

THE DRILL SERGEANT: Astro Resources (ASX:ARO) has received the first batch of results from a recently completed aircore drilling program carried out at the company’s Governor Broome mineral sands project, located in the south-west of Western Australia. The drill programs consisted of: –    Infill drilling of the Governor Broome East targeting high-grade strandlines to elevate […]

Gillard misses golden opportunity

Julia Gillard missed a golden opportunity to regain some mining industry love by pushing her education barrow at the opening of the AMEC convention in Perth. The fallout from Prime Minister Julia Gillard’s opening address to the Association of Mining and Exploration Companies (AMEC) convention in Perth was fairly blunt during the week.   After […]

The price of gold has rallied strongly over the last five years.

When the Global Financial Crisis started back in 2007, you could pick up an ounce of gold for just $670. Wind the clock forward to today, and gold is now trading at $1690 – a rise of over $1000 per ounce. The increase in price has led many market pundits to declare gold is ‘in […]

Bruce McQuitty – Sheffield Resources

Sheffield Resources managing director Bruce McQuitty dropped by The Roadhouse on his way home from Dampier to tell us about the company’s recent activities.   Sheffield Resources (ASX:SFX) has a few different projects, could you just quickly run through them? We have three substantial mineral sands projects, all located in Western Australia, as well as […]

Dart doubles unicorn molybdenum resource

THE BOURSE WHISPERER: Dart Mining (ASX:DTM) has had geological modelling completed of the company’s Unicorn molybdenum-copper-silver deposit near Corryong in north east Victoria. The work has resulted in the estimation of an updated Mineral Resource to a total of 203 million tonnes at 0.06 per cent molybdenum equivalent at 0.04 per cent molybdenum equivalent cut […]

Navarre to take full ownership of Tandarra

THE BOURSE WHISPERER: Victoria-based gold exploration company Navarre Minerals (ASX:NML) has taken steps to strengthen its ownership position of the company’s Tandarra prospect. The Tandarra procect is part of the Bendigo North gold project located near Bendigo.   Bendigo North gold project location map. Source: Company announcement Navarre has signed a heads of agreement with […]