ALL THE NEWS
Elementos extends Argentine drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Argentina- focused ASX-listed exploration play Elementos has announced it is intending to extend its current drilling program. The company currently has a Phase II drilling program being carried out at its Manantiales gold-silver project, located in San Juan Province, Argentina. Source: Company announcement The program is to be extended by an […]
Gold demand up – Gold price down?
/in Uncategorized /by Wally GrahamGold prices are weaker, but ETF and bullion demand continues to grow – go figure? The contradictions of markets (particularly resource markets), never cease to amaze me. The situation with gold at the present time is a perfect case in point. The price of spot gold has dropped below US$1,700 per ounce on the back […]
Panax inches closer to lighting up PTDPM
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Panax Geothermal is closer to the development of up to 25 megawatts of geothermal power for PT Dairi Prima Mineral’s underground lead and zinc mine in northern Sumatra. The company has received approval of the final mining licences and permits for the PTDPM mine. The company said the Indonesian Ministry of Forestry […]
Altona drilling returns encouraging results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Altona Mining announced a batch of encouraging drilling results from the company’s 100 per cent-owned Roseby copper project located in the Mt Isa-Cloncurry mining district in Queensland. Altona has completed a 15 hole and 2,850 metre RC drilling program at the Ivy Ann copper-gold deposit, situated 30 kilometres south-east of the […]
Northern Star increases Paulsens potential
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources has received a boost to its production target hopes in the form of high-grade drilling results from a recently discovered fault offset limb running parallel to the main Voyager One lode at the company’s Paulsens gold mine In Western Australia. Results from the recent drilling at Paulsens include: – […]
Hemisphere picks up encouraging drill results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Perth-based diversified exploration play Hemisphere Resources has announced the receipt of further encouraging results. The results stem from a recently completed drilling program carried out on the company’s Yandicoogina South iron project. The Yandicoogina project has a defined maiden JORC Indicated Resource of 4.3 million tonnes at 55.8 per cent iron. The […]
Gold Anomaly announces PNG Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gold Anomaly has completed a maiden resource estimate in accordance with JORC guidelines for its Nevera prospect, part of the company’s Crater Mountain gold project in Papua New Guinea. The Inferred Resource at Nevera comprises 24 million tonnes at 1.0 grams per tonne gold for 790,000 ounces of gold. “This maiden resource […]
Minotaur releases Muster Dam Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minotaur Exploration has announced the maiden JORC Inferred Resource for its Muster Dam deposit. The Muster Dam deposit is one of a number of magnetite prospects Minotaur holds within the Mutooroo Magnetite project in South Australia. Location of the Mutooroo Magnetite deposits in South Australia. Source: Company announcement The new […]
Murchison walks off Oakajee project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The worst kept secret of the last week was revealed when Murchison Metals announced it had entered into a conditional sale agreement with Japanese company Mitsubishi in relation to all of the former’s interests in Crosslands Resources. Crosslands Resources is the owner of the Jack Hills expansion project, and the much anticipated […]
Millennium encouraged by Nullagine drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Millennium Minerals has received assay results from RC drilling undertaken this year at the Crow and Condor deposits, situated within the Golden Gate area of the company’s Nullagine gold project. Millennium recently completed a total of 15 Reverse Circulation holes for 987 metres at the Condor and Crow deposits at the […]