ALL THE NEWS
MOD drills up further encouragement at Sams Creek
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MOD Resources has received further encouraging assay results from the company’s initial 2,000 metre diamond drilling program at its Sams Creek gold project. Mod claims the Sams Creek project, located at the northern end of the South Island of New Zealand, to be the country’s biggest undeveloped gold project. Best results from […]
Archer grows Sugarloaf exploration target
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Recent drilling conducted by Archer Exploration has confirmed the presence of an eastern graphite limb at the company’s Sugarloaf graphite deposit. The Sugarloaf graphite deposit is located on Carappee Hill near Darke Peak on Eyre Peninsula, South Australia. Drill section superimposed on EM signature. Source: Company announcement Three RC holes […]
Reed increases Meekatharra Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Emerging ASX-listed gold producer Reed Resources has added an additional 283,000 ounces of gold in Indicated and Inferred Mineral Resource to its Meekatharra gold project. The additional ounces represent an 8.5 per cent increase in total gold resources at Meekatharra that now stand at 3.59 million ounces. Reed said its geological team […]
Carpentaria jumps to head of Port Pirie queue
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Carpentaria Exploration has signed a Memorandum of Understanding with Flinders Ports. Carpentaria said the deal provides a potential long-term handling, storage and loading solution for iron ore exports via Port Pirie. The MOU allows for the establishment of a common user facility at the South Australian port, capable of exporting 20 million […]
Convergent confirms gold at Blue Vein
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Convergent Minerals has received initial results from drilling carried out beneath the Blue Vein gold mine at the Bounty Goldfield in Western Australia. Highlights from the drilling included: – 5 metres at 16.07 grams per tonne gold from 166 metres from within a broader zone of 19 metres at 5.63 grams per […]
Focus writes new chapter in Treasure Island story
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Focus Minerals has received preliminary results from a recent infill drilling program conducted at the company’s 100 per cent-owned Treasure Island gold project on Lake Cowan in Western Australia. The company has received assay results for 105 infill holes so far, approximately 50 per cent of which have returned anomalous gold. The […]
MRRT passage sidelines lack of exploration spend
/in Uncategorized /by Wally GrahamPETER HAYES: The Minerals Resource Rent Tax was given its final passage through the Australian Senate earlier this week, and the market reacted by generally taking it all in its stride. Apart from long-term anti-tax advocate Andrew ‘Twiggy’ Forrest’s Fortescue Metals Group that is, which commenced a High Court challenge to the Legislation, arguing the […]
Venture doubles Mt Lindsay Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Venture Minerals has announced a maiden resource statement for the recently discovered Riley Creek direct shipping ore (DSO) deposit at the company’s Mt Lindsay project in Tasmania. The new resource has resulted in Venture doubling the overall DSO resource base at Mt Lindsay to 4.4 million tonnes at 57 per cent iron. […]
Sundance and Equatorial sign MOU
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: ASX-listed Africa-focused iron ore chums, Sundance Resources and Equatorial Resources have signed a Memorandum of Understanding. The MOU will examine how Equatorial may gain access to the rail and port infrastructure associated with Sundance’s Mbalam/Nabeba iron ore project in West Africa. Proximity of Sundance Resources’ Mbalam/Nabeba project to the Badondo project […]
Gold Road continues to deliver results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources has received further high-grade gold intercepts, which it claims has identified at least three new gold targets in the Central Bore Area across its wholly-owned Yamarna Belt, located in Western Australia. The latest results from Central Bore were achieved on Central Bore North and the Attila Trend. “Our continued […]