ALL THE NEWS
Golden Rim scores high-grade hits at Balogo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Golden Rim Resources has received further assay results from the third program of RC drilling (Phase 3 Program) the company recently completed at its Balogo project in Burkina Faso. An infill drilling program comprising 35 RC holes for 4,801 metres and six diamond holes for 1,319 metres was completed on the Netiana […]
Winmar hits CID mineralisation at Hamersley
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Winmar Resources has intersected Channel Iron Deposit (CID) mineralisation whilst conducting a program of RC drilling at the Hamersley Iron project, located in the Pilbara region of Western Australia. Ten holes of the 40 hole program have been completed so far, nine of which have intersected Channel Iron Deposits (CID). Drill […]
Tough month June, has been so far anyway.
/in Uncategorized /by Wally GrahamWinter is hard enough without a bitter dessert of Tax Loss selling and more Greek elections topped off with a cheery of Prime Minister Julia Gillard and Reserve Bank Governor Glenn Stevens telling us that business leaders should be talking up the economy. The ASX 200 index dropped seven per cent in May, and so […]
Mutiny Gold announces high-grade gold Reserves for Deflector
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian gold-copper resources company Mutiny Gold has announced a maiden JORC-compliant ore reserve and initial Life of Mine (LOM) production plan for the company’s Deflector gold-copper deposit in Western Australia. The Deflector maiden initial ‘LOM production plan’ produces 450,000 ounces of gold equivalent including, 349,000 ounces of gold, 17,530 tonnes of copper […]
Talga Gold to commence Swedish drilling
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Talga Gold is about to commence its maiden drilling program on the company’s 100 per cent-owned graphite and iron deposits in northern Sweden. The drilling is due to kick off by the end of June; just weeks after the company acquired the Swedish portfolio of Teck Resources. Talga’s graphite project locations […]
Central Asia Resources signs Kazakhstan gold MOU
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Central Asia Resources has signed a memorandum of understanding (MOU) with Kazakhstan gold producer, JSC AK Altynamas. The MOU anticipates a toll treatment agreement for the processing of Central Asia’s ore from the company’s Altyntas, Kengir and Kepken deposits in Kazakhstan at Altynalmas’ nearby Akbakai plant. Altyntas is the largest of the […]
Tasman enters tenement sell-up to BHP
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Tasman Resources has agreed to sell five Exploration Licences (ELs) and one Exploration Licence Application (ELA) to global powerhouse BHP Billiton. All six tenements are located on the Stuart Shelf in South Australia. Location Plan showing Tasman’s ELs and ELA to be transferred to BHP Billiton. Source: Company announcement Total consideration […]
Havilah hits new copper at Kalkaroo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Havilah Resources has received assay results for the upper part of a diamond drillhole the company reported in May to have visible copper mineralisation. The assay results include: – 13 metres at 0.99 per cent copper and 1.05 grams per tonne of gold from 198 metres downhole. According to the company this […]
AMMG produces encouraging results at Bencubbin
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The first phase of reverse circulation (RC) drilling being conducted by Australia Minerals and Mining Group at the company’s 100 per cent-owned Annie’s Prospect at the Bencubbin iron ore project in Western Australia has produced encouraging Davis Tube Recovery (DTR) results. The results were achieved from what the company described as “the […]
BrightStar claims new gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: BrightStar Resources has claimed discovery of a new zone of high-grade gold mineralisation during Stage 2 Reverse Circulation (RC) drilling at the company’s Miyabi gold project. The newly- revealed Dalafuma prospect lies near the southern margin of the Miyabi Structural Corridor (MSC), which hosts the gold deposits BrightSatr has previously defined at […]