ALL THE NEWS
Phoenix Gold increases Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kalgoorlie-based Phoenix Gold has increased its total Mineral Resources to 29.6 million tonnes at 1.8 grams per tonne gold for 1.68 million ounces of gold. This represents an increase of 72 per cent to the resources when Phoenix released its Prospectus for its Initial Public Offering and an increase of 182 per […]
Carpentaria increases Hawsons NPV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Carpentaria Exploration has raised the estimated net present value (NPV) of its Hawsons iron project to $3.2 billion. The increase has been based on lower projected operating costs used in a recent mining option study. The Hawsons iron project is located 60 kilometres from Broken Hill and includes an Inferred magnetite Resource […]
Talga Gold scores more high-grade hits
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Talga Gold has received final one-metre assay results from a 35-hole Reverse Circulation (RC) drilling exploration program at the company’s 100 per cent-owned Talga Talga gold project in the Pilbara region of Western Australia. The 2,626 metre drill program was conducted at the McPhees and Quartzite prospects with drilling designed to explore […]
Blackthorn receives encouraging copper assays
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackthorn Resources has received copper assay results from the second drill hole of its Phase 5 drilling campaign, which is testing 16 targets at the company’s Mumbwa project in Zambia. The drill hole was designed to intersect and drill through a higher-grade core of copper mineralisation the company had previously identified at […]
Avonlea recalculates Ondjou Resource
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Namibia-focused explorer Avonlea Minerals has calculated a 33 per cent increase in the total JORC compliant Inferred Resource estimate at its Ondjou prospect, located in Northern Namibia. The new Inferred Resource total is 693 million tonnes iron at a head grade of 23.7 per cent. This increase has been drawn from a […]
Blackham signs up Williamsons gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources has signed a Deed of Assignment with Apex Minerals that confirms the rights of Kimba Resources to all minerals covering Mining Lease M53/797, which includes the Williamson gold mine. Blackham recently acquired 100 per cent of Kimba and its Matilda gold project as well as securing exploration and mining rights […]
Atlantic commissions Windimurra facility
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Vanadium near-producer Atlantic Ltd has successfully completed the hot commissioning of a rotary kiln at its wholly-owned Windimurra vanadium facility in Western Australia. The company said it considers the firing of the kiln marks the achievement of a key milestone as it prepares to commence production at Windimurra. The rotary kiln is […]
Samavogo returns satisfying results for Gryphon
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gryphon Minerals has announced further results from ongoing reverse circulation and diamond drilling at its Samavogo gold deposit, at the company’s Banfora gold project in Burkina Faso, West Africa. Gryphon has already identified a JORC-compliant inferred resource estimate at the Banfora project of 29 million tonnes at 2.1 grams per tonne for […]
Talisman tallies maiden drill results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Talisman Mining has received results from a maiden RC drilling program recently completed at its newly acquired Muddawerrie gold project, located approximately 120 kilometres west of its Springfield VMS copper-gold project in Western Australia. Talisman acquired the Muddawerrie project earlier this year along with another WA gold project, Livingstone. The gold exploration […]
Red Gum to list on Sth America portfolio
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The Initial Public Offering (IPO) of fledgling South America-focused exploration play Red Gum Resources to raise a maximum of $6 million is expected to close on 21 November. A listing for the company on the Australian Securities Exchange is hoped to occur during December. The Offer is for a maximum of 30 […]