ALL THE NEWS
Golden Rim outlines new anomalies at Sebba
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources has received anomalous soil sample gold assays from several prospect areas within the company’s Sebba Project, Burkina Faso. The company collected a total of 6,900 geochemical samples (soil and auger) and 178 rock chip samples were collected from areas that were selected after interpretation of regional high-resolution aeromagnetic survey […]
Central Asia Resources rings up more gold sales from Dalabai
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Central Asia Resources has made further gold sales of approximately 1005 ounces for US$1.5 million from the company’s Dalabai gold project in Kazakhstan. Central Asia said it expects to receive the sales proceeds by the week ending June 22, 2012. As well as the being set to pocket US$1.5M in gold sales, […]
Tanami Gold updates Groundrush Resources
/in Uncategorized /by Wally GrahamTHE BOURE WHISPERER: Tanami Gold has announced an increase in the Mineral Resource estimate for the Groundrush deposit, which is part of the company’s 100 per cent-owned Central Tanami project, located in the Northern Territory. A new Mineral Resource estimate of 5.1 million tonnes at 4.5 grams per tonne gold for 742,900 ounces of gold […]
Spitfire Resources identifies further manganese targets
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Spitfire Resources has identified further high-priority targets during the early stages of a planned 100 square kilometre Gradient Array Induced Polarisation (GAIP) survey program being conducted at the company’s South Woodie Woodie manganese project. Spitfire has now completed three of the planned 16 blocks, from which it has identified further large chargeable […]
Laconia lands State Government drilling grant
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Perth-based exploration company Laconia Resources has been granted $150,000 in funding for its 701 Mile project in a co-funding arrangement under the Western Australia State Government Exploration Incentive Scheme. Laconia will be required to match the $150,000 funding grant on a dollar-for-dollar basis on direct drill spending at 701 Mile. The company […]
Latest drilling shapes as ‘game changer’ for Northern Star Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Drilling being conducted by Northern Star Resources at the company’s Paulsens gold mine in Western Australia has intersected, what the company described as “significant high-grade gold”. The intersection was encountered approximately 150 metres down plunge from the known limits of the orebody at Paulsens via surface drilling. Results of note include (downhole […]
Bulletin Resources continues to wiggle Wagtail
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bulletin Resources has received a second set of results from reserve definition drilling it is currently conducting within the planned Wagtail South open pit at the company’s 100 per cent- owned Lamboo project (formerly Nicolson’s) located near Halls Creek in northern Western Australia. The drilling has intersected further shallow, high-grade gold mineralisation. […]
Doray releases Andy Well maiden reserve
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Doray Minerals has announced a maiden high-grade mining reserve for the company’s 80 per cent-owned Andy Well gold project, located 45kilometres north of Meekatharra, in the Murchison region of Western Australia. Doray is making progressing a Bankable Feasibility Study at Andy Well, with the aim of commencing open pit mining in the […]
What the Brokers say
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The team at Breakaway Research provided a couple of resource company notes this week. Here we take a quick look at the highlights. ZYL Limited (ASX:ZYL) ZYL’s objective is to become a leading producer of anthracite for both South African and export markets. It has prioritised development of its Mbila project in […]
TNG Limited expands Mount Peake
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian resources company TNG Limited has completed a regional drilling program at the company’s Mount Peake iron-vanadium-titanium project in the Northern Territory. TNG said the drilling has confirmed the potential to further increase its resource inventory in the region. The company had previously identified three large magnetic zones and one isolated magnetic […]