ALL THE NEWS
Rox receives Teck’s Myrtle exploration timetable
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Teck Australia has informed Rox Resources of its intentions regarding exploration activity over the latter’s Myrtle zinc-lead project, located 20 kilometres south of the large McArthur River zinc mine in the Northern Territory. Teck Australia holds an option to earn up to a 70 per cent-interest in Myrtle from Rox. […]
Vital hits high-grade tungsten at Watershed
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Drilling carried out by Vital Metals on the company’s Watershed tungsten project in Queensland has intersected high-grade tungsten mineralisation in multiple vein swarms. Vital Metals has received tungsten assay results from a diamond drilling program and trench sampling program the company completed in December 2011. According to Vital the drilling intersected multiple […]
ABM hits best results at Hyperion
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: ABM Resources has enjoyed recent success with Reverse Circulation drilling on the company’s Hyperion gold project in the Northern Territory returning the project’s best results to date. The Hyperion gold project is 100 per cent -owned by ABM and is located 18 kilometres north-northeast of the Groundrush gold deposit of ASX-listed Tanami […]
Naracoota completes drill program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Naracoota Resources has received further high-grade gold results from the final three holes of a recently competed eight hole first pass drill program at the company’s Hill 680 prospect located 125 kilometres north of Meekatharra in Western Australia. Naracoota owns 100 per cent of the gold rights at Hill 680. The prospect […]
Silver Mines upgrades Webbs
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Silver Mines has announced a 400 per cent upgrade to the Indicated and Measured JORC resource at its fully‐owned Webbs silver project in north‐eastern New South Wales. Silver Mines has increased its Resource to 969,000 tonnes averaging 269 grams per tonne silver for a contained resource of 8.4 million ounces of silver. […]
Evolution elevates Edna May Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Evolution Mining has updated the underground Mineral Resource at the company’s 100 per cent-owned Edna May gold operations in Western Australia. The revised underground Mineral Resource now comprises a total Indicated and Inferred Resource of 1.2 million tonnes at 7.0 grams per tonne gold for a total of 270,000 contained gold ounces. […]
Image encouraged by Erayinia JV drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Image Resources has conducted a program of wide-spaced reconnaissance aircore drilling on 125 square kilometres of tenements the company holds at the Erayinia Joint Venture, located 160 kilometres southeast of Kalgoorlie. According to Image the drilling identified an area of broad gold anomalism at Zone A. Results from the drilling include: – […]
South Boulder and Independence recommence drilling Duketon JV
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: South Boulder Mines has announced the recommencement of diamond and RC resource definition and extension drilling at the Duketon Nickel Joint Venture (DNJV), located approximately 120 kilometres of Laverton in Western Australia. South Boulder’s JV partner Independence Group is earning 70 per cent of the nickel rights at Duketon by sole funding […]
Ampella raises $47 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Ampella Mining has raised $47 million (before costs) by way of a Private Placement and a Share Purchase Plan (to be underwritten) of approximately 36.1 million ordinary shares in total at $1.30 per share. The issue price of $1.30 represents a 0.38 per cent discount to the company’s last closing price of […]
Goodrich commences trading on ASX
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Exploration company Goodrich Resources has commenced trading on the boards of the Australian Securities Exchange. The listing of Goodrich follows the completion of an initial Public offering of 17.5 million shares at 20c per share to raise $3.5 million. Goodrich said its IPO received strong support from investors in difficult market conditions […]