ALL THE NEWS
Indophil reports Xstrata Tampakan upgrade
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Indophil Resources has received a revised and upgraded mineral resource estimate for the Tampakan copper-gold project from project manager Xstrata Copper. Indophil holds a 37.5 per cent beneficial interest in the Tampkan project located on the island of Mindanao in the southern Philippines. Location of Tampakan copper-gold project. Source: Company announcement […]
Independence introduces Rosie
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Independence Group has completed an initial JORC compliant Mineral Resource Estimate for the Rosie nickel-copper-platinum group elements (Ni-Cu-PGE) sulphide deposit. The Rosie deposit is situated within the Duketon Joint Venture with South Boulder Mines, from which Independence is earning 70 per cent of the nickel rights. The Duketon Joint Venture is locted […]
Nullagine JV confirms Bonnie East DSO
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The Nullagine Iron Ore Joint Venture between BC Iron and Fortescue Metals Group has intersected direct shipping ore iron mineralisation during infill drilling of the Bonnie East deposit. According to an ASX announcement from BC Iron the Bonnie East deposit is a Channel Iron Deposit, of Direct Shipping Ore quality, hosted within […]
Silver Lake to merge Phillips River
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Silver Lake Resources has reached a Scheme of Arrangement to merge the assets of Phillips River Mining into the company. Since its inception Silver Lake has maintained a strategy to acquire quality gold assets. “Acquiring Phillips River’s assets is consistent with this strategy and allows Silver Lake to further grow its gold […]
IMX makes magnetite discovery at Tomahawk
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Perth-based iron ore producer, IMX Resources has claimed the discovery of magnetite at its Tomahawk iron ore prospect, located 25 kilometres southeast of the Cairn Hill magnetite-copper mine in South Australia. IMX completed a program of six RC drill holes completed at Tomahawk in late 2011 with all holes returning magnetite iron […]
Rox receives encouraging drill results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources has received results from RC drilling conducted on its Marqua phosphate project located close to the Queensland-Northern Territory border 300 kilometres south-west of Mount Isa. The company completed a 29 hole, 1,900 metre RC drilling program in December 2011, which was designed to: – Confirm high grade areas at Coquina […]
Corazon defines Lynn Lake discovery
/in Uncategorized /by Wally GrahamMining companies become excited when a drill hole provides an outstanding discovery and even more excited when they consider what it may be trying to tell them. In May 2011 Canada-focused nickel exploration play Corazon Mining (ASX:CZN) announced drilling at its Lynn Lake nickel sulphide project had discovered high-grade nickel / copper sulphide beneath the […]
Brumby confirms Sixty Sixer mineralisation
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Perth-based manganese and base metal explorer Brumby Resources has received results from a 4000 metre RC drilling program conducted at Sixty Sixer prospect, situated within the company’s 100 per cent-owned Oakover manganese project east of Newman in Western Australia. Source: Company announcement Brumby said the results have confirmed its expectations regarding […]
Copper maintains global support
/in Uncategorized /by Wally GrahamMajor supply issues have combined with robust Chinese demand to continue to support global copper prices. Copper is a bellwether commodity and despite all of the negativity surrounding Europe, the United States and China, the price has demonstrated particular resilience over recent times. On the demand side Chinese copper imports hit a record during December, […]
Ventnor hits best copper at Thaduna
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian base metals company Ventnor Resources has released copper mineralisation assays, resulting from a Phase 3 drilling program undertaken on the Thaduna prospect at the company’s Thaduna and Green Dragon copper project. The Thaduna and Green Dragon Copper Project is located 170 kilometres north of Meekatharra, Western Australia, in the Doolgunna district, […]