ALL THE NEWS
MIL receives final Golden Peak drilling results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MIL Resources has reported further results from drilling carried out on its Golden Peak project, located 40 kilometres east of Port Moresby in Papua New Guinea. Previous results included: – 20 metres at 8.5 grams per tonne gold and 10.9 grams per tonne silver from 44.4 metres, Including 1 metre at 154.0 […]
Kula Gold upgrades Woodlark
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Kula Gold has upgraded the JORC Ore Reserves estimate at the company’s Woodlark Island gold project to 10.39 million tonnes at 2.1 grams per tonne gold for 700,000 contained gold ounces of gold in the Proved and Probable category. Woodlark Island gold project, PNG. Source: Company announcement This represents an increase […]
Segue raising to progress Emang project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Segue Resources has raised $2.079 million (before costs) through the issue of 69.3 million shares at three cents per share to sophisticated and institutional investors. The placement price is a 6.3 per cent discount to the last traded price of 3.2 cents per share and a 3.3 per cent discount to the […]
Carrick upgrades Kurnalpi Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Carrick Gold has announced a Resource upgrade at its Kurnalpi project. Kurnalpi is one of three projects which make up the company’s LKK project, situated less than an hour’s drive from Kalgoorlie. Carrick said it is on track to commence production in late 2012, with Kurnalpi being the first of two open […]
Atlas Iron appoints new MD
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: When the music stopped in the Boardroom of Western Australian iron ore producer Atlas Iron, a few people found they were sitting in a different seat. The company has appointed company figurehead David Flanagan to the position of executive chairman and has anointed Ken Brinsden to take up the managing director […]
YTC confirms gold at Kadungle
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: YTC Resources has released the latest exploration results from the company’s 100 per cent-owned Kadungle copper-gold project in central New South Wales. The Kadungle project is located approximately 40 kilometres northwest of the NorthParkes copper-gold deposit of Rio Tinto. Source: Company announcement In December 2011, YTC completed 2 RC holes at […]
Blackthorn hits high-grade copper
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackthorn Resources has received some impressive copper results from the Phase 5 exploration program underway at the company’s Mumbwa project in Central Zambia. Blackthorn has intersected the best copper intersections recorded to date at Mumbwa. These results all came from the Kitumba mineral resource area. Drilled thickness intersections include: Hole S36-033 – […]
Caltex closer to closing Australian refineries
/in Uncategorized /by Wally GrahamCaltex is a step closer to closing its 70-year old Australian refining businesses. Caltex Australia (ASX: CTX, Share Price: $12.35, Market Cap: $6.1 Billion) has flagged the closure of its two domestic oil refineries at Kurnell in Sydney and Lytton in Brisbane, threatening 800 jobs and possibly marking the end of its presence as a […]
Les Davis – Silver Lake Resources
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Silver Lake Resources was presented with the Craig Oliver Award at the 2012 RIU Explorers conference in Fremantle. Now in its second year, the Craig Oliver Award is bestowed upon an ‘all round’ small to mid-cap Australian Mining Company which has excelled in several of the following areas over the past […]
Azure hits high-grade Mexican zinc
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals has received high-grade assay results from recent completed diamond drilling at the company’s 100 per cent-owned El Tecolote project, located in Sonora, Mexico. Exploration at El Tecolote is conducted in Joint Venture with Japanese Government organisation, JOGMEC, which has the right to earn up to 70 per cent in the […]