ALL THE NEWS

Paramount hits new gold intersection at Gunung

THE DRILL SERGEANT: Paramount Mining Corporation has received assay results from the final four diamond drill-holes from the company’s first stage due diligence drilling program conducted at its Gunung Rosa gold-silver project in West Java Province, Indonesia.   Map showing location of Gunung Rosa in West Java in relation to major cities. Source: Company announcement […]

IronClad continues to garner financial backing

THE BOURSE WHISPERER: The self-funding policy employed by emerging iron ore play IronClad Mining for development of its Wilcherry Hill iron ore project in South Australia has continued its successful run. The company has announced a further capital raising for the project to the tune of $3 million following the placement of 3.5 million shares […]

Gryphon Minerals adds to Stinger tale

THE DRILL SERGEANT: Gryphon Minerals has announced follow up drilling results from its new Stinger discovery located only 10 kilometres to the east of the company’s Nogbele gold deposit and planned gold processing plant. The Nogbele gold deposit is part of Gryphon’s Banfora gold project in Burkina Faso, West Africa.   Banfora gold project, Burkina […]

Focus sharpens on Treasure Island

THE DRILL SERGEANT: Focus Minerals told the market that reconnaissance drilling at its Treasure Island gold project has confirmed a gold bearing system running through the project appears to be much longer in potential strike length than initial estimates. The Treasure Island gold project on Lake Cowan is located 35 kilometres south-south east along strike […]

Viking Ashanti hits thick gold in Ghana

THE DRILL SERGEANT: Viking Ashanti has reported the thickest and highest grade gold intercepts it has encountered at its 100 per cent-owned Akoase East gold project in southern Ghana, West Africa. The Perth-based company announced that first drilling of previously untested soil anomalies northeast of the Akoase East deposit had identified new zones of mineralisation.  […]

Bulls strain at the leash on China retail results

Equity markets lately, while showing some long awaited stability, still have a tendency to swing like the breeze. North, south, east or west, it could be any direction, and it could be at any rate of velocity. One minute we are back on the “to infinity and beyond” trajectory, to paraphrase one of my favourite […]

Nupower enters JV targeting phosphate

THE BOURSE WHISPERER: Northern Territory-based phosphate exploration company NuPower has entered into a Heads of Agreement with private fertilizer company FERTOZ. The deal is in regard to a joint venture (JV) into an exploration license owned by FERTOZ, which will be known as the ‘Barra Joint Venture’.   Location of Fertoz EL26915 with respect to […]

Blackgold secures Yangtze shipping deal

THE BOURSE WHISPERER: Blackgold International Holdings has entered into a share sale agreement to acquire 100 per cent of the issued capital of Chongqing Gouping Shipping Transportation Company (GPST) from Chongqing Guoping Industrial Group. The Vendor company, Chongqing Guoping is controlled by Yu Guo Peng, who is an executive director and controlling shareholder of Blackgold. […]

Silver Lake to commence Wombola production

THE BOURSE WHISPERER: Silver Lake Resources is about to commence gold production from the Wombola pit, which is part of the company’s Mount Monger operations. Production from Wombola is due to commence in March with open pit production also being sourced from Wombola Dam starter pit. The Wombola pit is located nine kilometres northwest of […]

Scoping Study okays Aphrodite gold project

THE BOURSE WHISPERER: Aphrodite Gold booked a table in The Roadhouse’s lounge bar last week and invited a few members of the resources press gallery over for lunch and to hear about the company’s recently completed scoping study. The Aphrodite gold project is located 65 kilometres north of Kalgoorlie in the Eastern Goldfields of Western […]