ALL THE NEWS
Firestrike Resources forms JV with Escalante Star
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perth-based Firestrike Resources has completed negotiations with private Colorado-based company Escalante Star LLC to establish an incorporated joint venture. The newly-formed JV has been established to explore and develop the Elephant Canyon gold and base metals project, located in Elephant Canyon, Utah. Source: Company announcement Firestrike said it is moving ahead […]
Apollo Minerals sizes up Port Pirie option
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Apollo Minerals a Memorandum of Understanding (MOU) with Flinders Ports to investigate optimal port export services for up to 2.5 million tonnes per annum of iron ore exports from the company’s Commonwealth Hill iron project (CHIP), situated in the Gawler Craton of South Australia. Source: Company announcement The company said it […]
Phoenix Gold receives Blue Funnel feasibility results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Phoenix Gold has received the results of a recently-completed mining study of the company’s 95 per cent-owned Blue Funnel gold project in the Eastern Goldfields region of Western Australia. The Blue Funnel project has a current Resource of 453,000 tonnes at 2.91 grams per tonne gold 42,480 ounces comprising 28,032 ounces (280kt […]
Gascoyne continues Apollo and Icon run
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gascoyne Resources has continued its successful run of infill drilling results from the Apollo and Icon deposits at the company’s 100 per cent-owned Glenburgh gold project in Western Australia. The Glenburgh project has a JORC-compliant resource of over 700,000 ounces of gold. Glenburgh project deposit overview and recent drill intersections. Source: […]
Bulletin encouraged by Wagtail drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Bulletin Resources has completed a round of infill RC drilling within the northern portion of the planned Wagtail North open pit, situated within the company’s Lamboo gold project in the Kimberley Region of Western Australia. The company said the results from the drilling suggest the Inferred resource mineralisation to be more extensive […]
Nemex encouraged by drilling results from Télimélé
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Perth-based iron ore-focused explorer Nemex Resources has reported further drill results from an ongoing 150 to 300 hole program being conducted on the Télimélé iron licence, situated within the company’s Coastal project in west Guinea. Regional location of Nemex’s Coastal iron project (red outlines), including the Télimélé licence area and new […]
ZYL increases South Africa landholding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perth-based emerging anthracite producer ZYL Limited has executed a binding Heads of Agreement for the acquisition of 100 per cent of York Energy. The acquisition will entail a total consideration of $12 million worth of ZYL shares, less outstanding liabilities, the shares will be issued at approximately 18 cents per share. […]
Golden Rim reaps high-grade results at Sepola
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources has gathered high-grade gold results from two new artisanal mining sites that have been identified within the company’s Sepola project in western Mali. Golden Rim collected a total of 40 rock samples from the artisanal sites, which returned values greater than 0.5 grams per tonne gold. One of […]
Kentor Gold continues drilling run at Murchison
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kentor Gold has intersected high-grade gold during RC drilling being conducted at the NOA 7&8 pits at the company’s Murchison gold project in Western Australia. Drilling intercepts at NOA 7&8 include: – 8 metres at 9.9 grams per tonne gold from 176 metres, including 1 metre at 40.8 grams per tonne gold; […]
Malagasy JV partner scores goods hits on graphite prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Malagasy Minerals’ Joint Venture partner and operator in the Madagascar graphite project, TSX-listed Energizer Resources has reported drilling results from the project’s Molo prospect. Energizer announced the Toronto market it had received the remaining phase of results from drilling conducted in November 2011 at Molo. The graphite trends identified to date […]