ALL THE NEWS

PanAust claims Laos discovery

THE DRILL SERGEANT: PanAust has claimed the discovery of the newly named Nam San copper‐gold deposit, situated adjacent to the company’s Phu Kham openpit mine in northern Laos. The company said recent drilling has confirmed the lateral continuity of mineralisation to be over at least 200 metres and that the zone remains open to the […]

Ironbark salutes Washington

THE DRILL SERGEANT: Perth-based Ironbark Zinc has received all assays from wide spaced exploration drilling conducted over its 100 per cent-owned Washington land project in northern Greenland conducted in August and September. Ironbark said the drilling has returned widths of high-grade, primary zinc-lead-silver-barite mineralisation located around and along strike from a single discovery drill hole […]

GBM adds to Milo goodness

THE BOURSE WHISPERER: GBM Resources has received the results from the analysis of a total of 3,696 samples taken from its Milo project in Queensland. The testing was carried out covering a full suite of Rare Earth Elements and Yttrium (REEY) at Milo and according to the company it has confirmed mineralisation to be widespread […]

Northwest focuses with Blue and Golden Specs

THE DRILL SERGEANT: Northwest Resources has commenced a diamond drilling program at the Blue Spec and Golden Spec gold-antimony deposits located within the company’s Nullagine gold & antimony project in the eastern Pilbara of Western Australia. The drilling program is set to undertake approximately 1,600 metres of diamond core drilling, which will be directed at […]

Thor hammers Molyhil results

THE DRILL SERGEANT: Thor Mining has hammered out some positive outcomes from drill core assay results from a resource development drilling program at the company’s Molyhil tungsten and molybdenum project, 220 kilometres northeast of Alice Springs. Highlights from the drilling include: –    16.4 metres at 0.84 per cent tungsten and 0.56 per cent molybdenum from […]

Whinnen hits healthy intersections in Chile

THE DRILL SERGEANT: Recent drilling carried out by South American-focused copper-gold explorer Whinnen Resources mineralisation at the Nany-Varas project in northern Chile has intersected broad zones of gold, copper and base metal. The company is nearing completion of its maiden diamond drilling program on the Nany-Varas project, having completed a total of 18 holes for […]

Mining sector continues to attract investment

It would appear that reports of the demise of the Australian Mining Industry have been grossly overstated. New figures from the Major Mining Industry Projects October 2011 report released by the Bureau of Resources and Energy Economics show investment in Australia’s resources sector continues at a pace. The report has established that here are currently […]

Image commences Environmental Studies

THE BOURSE WHISPERER: Image Resources has kicked off work on its North Perth Basin Feasibility study by commissioning 360 Environmental to undertake Environmental Impact Assessment Studies. These studies will involve managing and co-ordinating all of the environmental activities required by the company in its bid to achieve permitting of the NPB project at a Public […]

Royal completes Warriedar sale to Ginbdalbe

THE BOURSE WHISPERER: Royal Resources has completed the sale of the Warriedar Iron Ore Joint Venture (WIOJV) to Gindalbie Metals. Gindalbie’s offer for Royal’s 40 per cent interest in the WIOJV had originally been for a consideration of $8 million cash. The offer was for all of Royal’s holdings in the area of the WIOJV […]

Stanmore Coal reads Gemini Resource

THE DRILL SERGEANT: Stanmore Coal has defined an initial JORC Inferred Resource of 95 million tonnes in the Gemini seam of the Rangal Coal Measures. The Gemini coal seam was previously mined as a hard coking coal at BHP Billiton’s historical Leichhardt mine four kilometres to the west of the company’s Belview project. The key […]