ALL THE NEWS
Horseshoe Metals hits at Kumarina
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals has completed its first drilling program at the company’s 100 per cent-owned Kumarina project in Western Australia. A total of 51 Reverse Circulation Percussion holes were drilled at the Rinaldi and North Show prospects for a total of 3,429 metres with holes ranging in depth from 26 to 149 metres. […]
Mike Drew –Ram Resources
/in Uncategorized /by Wally GrahamWhile we were at the Greenland Day conference The Roadhouse took the opportunity to catch up with Ram Resources managing director Mike Drew. Ram Resources was one of the earlier Australian miners to head to Greenland. When did you arrive and what attracted you to go? We acquired the Motzfeldt project in early 2010. What […]
Greenland offers greenfield exploration opportunities
/in Uncategorized /by Wally GrahamOUT AND ABOUT: When most people speak of Greenland they often remark how ironic it is the country is covered in white ice. What these folk tend to overlook, however, is the greenfield exploration potential the country has on offer to any mining company geologist who is willing to freeze their assets while crossing its […]
Minotaur cashes up on Tunkillia sale
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minotaur Exploration is six million dollars better off after selling off its share of the Tunkillia gold project in South Australia. Minotaur said the sale will bolster its cash reserves and support an expanded exploration program through 2012 across its copper-gold tenements in the Gawler Craton of SA and around Cloncurry, Queensland. […]
Northern and Toro sign JV Agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Northern Minerals has signed a Joint Venture Heads of Agreement (HoA) with ASX-listed company Toro Energy. The Agreement will allow Northern to earn up to 80 per cent interest in all mineral rights other than uranium within Toro Energy’s Browns Range tenements in the Northern Territory. The HoA includes seven tenements […]
Deep Yellow releases Shiyela Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Deep Yellow has had a maiden JORC Mineral Resource estimate completed for its Shiyela iron project in Namibia. The Shiyela project is located on an exploration licence which is held 100 per cent by Deep Yellow’s wholly-owned Namibian subsidiary, Reptile Uranium Namibia. The new Inferred Resource estimate totals 78.7 million tonnes at […]
Kula strikes more PNG gold
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Kula Gold has struck further intersections of gold mineralisation under thin limestone cover adjacent to the 685,000 ounce Kulumadau Resource at the company’s 100 per cent-owned Woodlark Island gold project in Papua New Guinea. Woodlark Island Gold Project, PNG. Source: Company announcement Highlights from recently received assay results include: – […]
Resource estimate fortifies Castle
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Africa-focused Castle Minerals has announced a total Mineral Resource Estimate for its Kandia gold prospect located in north-west Ghana. The total Mineral Resource Estimate for the Kandia gold prospect stands at: – 3.3 million tonnes at 1.0 gram per tonne gold for 107,500 ounces of gold. The Kandia prospect forms part of […]
Golden Rim acquires Burkina Faso permit
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources has finalised an agreement to acquire an additional gold exploration permit in Burkina Faso in West Africa. The Tanlili permit covers an area of 162.1 square kilometres and is located immediately south of Golden Rim’s Zanna permit. The Tanlili permit is situated 14.4 kilometres south of the 1.93 million […]
Modun declares Mongolian Maiden
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mongolia-focused coal exploration play Modun Resources has announced a maiden JORC coal resource of 489 million tonnes at its wholly-owned Nuurst project. The company acquired the 34.5 square kilometre project in June this year, which is located 120 kilometres south of Mongolia’s capital Ulaanbaatar. Modun claimed the resource estimate is almost double […]