ALL THE NEWS
TNG signs JV agreement with Rio Tinto
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian resources company TNG Limited has reached an agreement of in-principle terms for a farm-in and Joint Venture agreement with Rio Tinto Exploration (RTX). The Joint Venture agreement is in regard to TNG’s 100 per cent-owned Melville Island licence in the Northern Territory. Melville Island location map. Source: Company announcement Under the […]
Good results continue at Bibiani for Noble
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Noble Mineral Resources has received further high-grade drilling results, including 2 metres at 52 grams per tonne gold from outside the current resource area at the company’s Bibiani gold project in Ghana. Noble has focused the recent drilling on resource definition at the Big Mug and South Hill satellite deposits along with […]
Mutiny continues to hit high grade gold and copper at Deflector
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian gold-copper resources company, Mutiny Gold has announced new high-grade gold intersections from the West Lode of its Deflector Gold deposit in Western Australia. By Mark Jones. The results were received from Mutiny’s ongoing diamond drilling program at the Deflector deposit. The results will be incorporated into the revised resource estimation, which […]
Ventnor Resources enters Dragon country
/in Uncategorized /by Wally GrahamFor most companies entering a second year on the Australian Securities Exchange the term exploration play is generally an apt fit. For Ventnor Resources (ASX:VRX) , however it is something of a misnomer, given the advanced nature of most of the company’s projects. Ventnor listed in February 2011 on the back of a healthy portfolio […]
China’s Consumption Revolution
/in Uncategorized /by Wally GrahamHOWARD HUMPHREYS: China announced on Monday a reduction of its growth target to 7.5 per cent, from the previous target of 8 per cent, which has been in place since 2005. China’s ambition for the coming years is to improve the quality as well as the quantity of its economic growth; in other words it […]
Blackthorn focuses scoping study on Mumbwa
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackthorn Resources has commenced a scoping study for the company’s 100 per cent-owned Mumbwa project in central Zambia. The company is undertaking the study to assess potential for an economic mining operation of the Kitumba inferred mineral resource. Blackthorn is exploring the Mumbwa district for iron oxide copper-gold (IOCG) style of mineralisation […]
Navarre continues to intercept gold mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold exploration company Navarre Minerals has announced further results from a 25,000 metre RC drill program currently underway at the Tandarra prospect, part of the company’s Bendigo North project, located 40 kilometres north of Bendigo in Victoria. The drilling has returned near surface intersections of gold mineralisation including: – 17 metres at […]
Gryphon drills high-grade at Nogbele
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gryphon Minerals has received results from infill and step-out RC and DD drilling conducted on the Nogbele deposit and its planned gold processing plant, at the company’s Banfora gold project in Burkina Faso, West Africa. “These latest drill results from the Nogbele deposit demonstrate the shallow and outcropping nature of the high […]
Laconia gives thumbs up for acquisition of Rasuhuilca project in Peru
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Perth based exploration company Laconia Resources has completed its due diligence regarding the Rasuhuilca project in Peru and has reached the decision to proceed with its acquisition. Projects location map. Source: Company announcement The next hurdle for the company to clear will be to obtain shareholder approval for the deal, […]
Middle Island raises $10 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Middle Island Resources has raised $10 million (before costs) through the placement of 25 million ordinary shares at 40 cents each. The bulk of the new shares went to a number of large institutional investors based in Australia and North America. The capital raising is the first undertaken by the company’s since […]