ALL THE NEWS

Exterra announces positive results from Zelica

THE DRILL SERGEANT: Exterra Resources has received results from drilling undertaken at the company’s Zelica gold project. Best results from the drilling include: –    7 metres at 4.90 grams per tonne gold from 26 metres; –    4m at 5.35 g/t gold from 11m; –    5m at 2.95 g/t gold from 37m; and –    5m at […]

Aruma hits new mineralised zones

THE DRILL SERGEANT: Western Australia-based gold exploration company Aruma Resources has identified two new mineralised zones on its tenements. The company has returned anomalous gold intercepts from its Jundee South project located 60 kilometres east of Wiluna on the Jundee-Gourdis-Bronzewing trend in the Eastern Goldfields region. It has also reported anomalous nickel and copper results […]

Blackthorn strikes wide copper mineralisation

THE DRILL SERGEANT: Blackthorn Resources is conducting a Phase 5 drilling program at its Mumbwa project in Zambia where the company is targeting a large Iron Oxide Copper Gold (IOCG) style of mineralisation. The Phase 5 program is planning to drill 16 targets over the company’s Kitumba mineral resource area, and two ‘scout’ holes on […]

Red Gum lists and drills

THE DRILL SERGEANT: Red Gum Resources has celebrated its first day of trading as an ASX-listed entity by announcing it has commenced drilling at its La Negra lead-zinc-silver project, located in northern Chile.   Location map of the La Negra area. Source: Company announcement “With listing today on the ASX, it gives us great pleasure […]

Blackham confirms Matilda resources

THE BOURSE WHISPERER: Blackham Resources has completed a review of existing deposits at the Matilda gold project, which has identified 601,000 ounces of existing resources within the project area, including 301,000 ounces of resources remaining at the Williamson Mine since the completion of mining. Blackham acquired the Matilda gold project in November 2011, including the […]

Cobra informs Mutiny of decision to mine White Well

THE BOURSE WHISPERER: Mutiny Gold has received confirmation from Cobra Mining that the latter intends to begin gold production at the White Well project in Western Australia in the second half of this year. Mutiny entered into an agreement with Cobra last year that established fast-tracking of the development of the White Well gold project, […]

Excelsior Gold expands potential

THE DRILL SERGEANT: Excelsior Gold has received assay results from a drilling campaigned it completed in December 2011 which focused on resource areas in the central portion of the company’s 100 per cent-owned Kalgoorlie North project. A conceptual mine scoping study centred on the Excelsior Deposit conducted in September 2011 indicated the potential for large […]

Scandinavian updates exploration target at Altavaara

THE DRILL SERGEANT: Scandinavian Resources has informed the market of a JORC compliant Exploration Target update for the Altavaara prospect, which is part of the company’s Kiruna iron project located 1,300 kilometres north of Stockholm in Sweden. Altavaara is one of a number of iron prospects within Kiruna Iron AB’s expanding Kiruna Hub.   Source: […]

Golden Rim hits good gold in Burkina Faso

THE DRILL SERGEANT: Golden Rim Resources has struck high-grade gold intersections from the third program of reverse circulation drilling carried out on its Balogo project in Burkina Faso. The Phase 3 program comprises 30,000 metres of drilling with 61 holes completed so far for an aggregate of 7,658m. Golden Rim has received assays for the […]

Wolf receives UK government support

THE BOURSE WHISPERER: ASX and AIM-listed specialty metal exploration and development company Wolf Minerals has received formal United Kingdom Government support for the development of its Hemerdon Tungsten and Tin project in Devon, in Southwest England.   Location of the Hemerdon project. Source: Company The support came directly from the UK Minister of State for […]