ALL THE NEWS
Blackham increases Matilda Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources has received the results of a review and estimate of the mineral resource for the Regent gold deposit near Wiluna, Western Australia from independent geological consultant Runge. The Regent deposit is part of the company’s Matilda gold project. Matilda gold project tenure plan. Source: Company announcement The Regent deposit […]
Riedel commences Burkina Faso drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Riedel Resources has commenced a program of RC drilling at the company’s Tagou project in Burkina Faso. The drilling is targeting a quartz vein set characterised by very high grade rock chip gold assay results that occur within a 30 to 50 metre wide structural corridor at least 4 kilometres in length. […]
IOH hits 1.1 billion tonnes at Maitland River
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Iron Ore Holdings has received the results of a Stage 2 drilling campaign conducted at the company’s 100 per cent-owned Maitland River project, located near Karratha in Western Australia. The drilling has resulted in an increase to the JORC Inferred Mineral Resource at the project of 796 million tonnes, taking the total […]
Royal Resources raises Razorback Ridge Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Royal Resources has increased the JORC-compliant Resource at the Razorback Ridge Area, situated within the Red Dragon project, which forms part of the company’s Razorback iron ore project in South Australia. The resource for Razorback Ridge now stands at 845 million tonnes at 23.0 per cent iron. Total JORC-compliant Mineral Resource […]
Talisman kicks off diamond drilling at Halloween
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Talisman Mining has commenced a program of follow-up diamond drilling at the company’s Halloween project, located in Western Australia. The drilling program is designed to test for VMS mineralisation associated with encouraging high-grade gold intercepts the company recently encountered during maiden Reverse Circulation (RC) drilling at Halloween. The RC drilling was completed […]
Sihayo Gold updates Sambung Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sihayo Gold has upgraded the Sihayo‐Sambung JORC-Compliant Resource, within the company’s Sihayo Pungkut gold project in Indonesia. The Sihayo‐Sambung Resource now stands at 16.4 million tonnes at 2.7 grams per tonne gold containing 1,427,400 ounces of gold. “The robustness of our Sihayo‐Sambung Resource has been further strengthened,” Sihayo Gold chief executive officer […]
Foyson Resources to sell Myrtle Springs for $1million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Recently-rebranded Foyson Resources has entered into an Option Agreement to sell the company’s interest in the Myrtle Springs magnesite tenements to Calix Limited for a Purchase Price of one million dollars. “These arrangements are consistent with Foyson’s strategy of rationalising its minerals portfolio by divesting legacy non- core assets to realise cash, […]
S&P announces June re-ratings
/in The Bourse Whisperer /by Wally GrahamS&P announces June re-ratings THE BOURSE WHISPERER: Standard and Poors (S&P) Indices has announced changes to the S&P/ASX indices, effective after the close of trading on June 15, 2012 as a result of the agency’s June quarterly review. In its release to the Australian Securities Exchange S&P said in this rebalance the S&P/ASX 200 index […]
Reaching over the FIFO fence
/in The Big Story /by Wally GrahamTHE BIG STORY: When the debate concerning the effects of Fly In Fly Out on regional communities is raised mining companies often look like the bad guys. Silver Lake Resources is supporting the expansion of the company’s Murchison project by having a 250 man camp built in the town of Cue. The company has struck […]
Potash West granted new Dandaragan Trough tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Potash West has been granted three new Exploration Licences covering the central and western portions of the Dandaragan Trough, located 60 kilometres north of Perth in Western Australia. The tenements, E70/4137, E70/4138 and E70/4139, have a combined area of 620 square kilometres. Potash West said the new tenements consolidate its 2,905sqkm holding […]