ALL THE NEWS
Octagonal earns 70 per cent in Lucky Bay
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Octagonal Resources has earned 70 per cent equity in tenements comprising the Lucky Bay South Joint Venture at the Hogan’s project, in Western Australia. The Hogan’s project is located 70 kilometres southeast of Kalgoorlie and 30 kilometres northeast of the 12 million ounce St Ives Goldfield. The Lucky Bay South Joint […]
Research could help reduce carbon tax for major industries
/in Uncategorized /by Wally GrahamA recent study conducted by Curtin University in Western Australia; Engineering reduced greenhouse gas production: A Remanufacturing solution – has revealed remanufactured refrigeration and air conditioning compressors produce up to 93 per cent less greenhouse gas emissions than new Original Equipment Manufactured (OEM) compressors. The study was conducted by the university’s director of the Centre […]
Canyon acquires new Burkina Faso project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Canyon Resources has entered into an agreement with a Burkina Faso vendor to purchase the Pinarello project, which comprises six granted exploration permits located in the southwest of the African nation. The company said the new acquisition is consistent with its strategy to selectively grow its exploration portfolio in Burkina Faso […]
Sumatra makes new gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sumatra Copper & Gold has made a new gold discovery at the Lusang North prospect within the Tandai District, located in southwest Sumatra. The Tandai Joint Venture is currently managed by Sumatra with Newcrest Mining, which has the right to earn a 70 per cent stake in the project by spending US$12 […]
Segue introduces encouraging drill results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Segue Resources has completed the first 28 reverse circulation (RC) drill holes on its Emang manganese project in the Postmasburg Manganese Field (PMF) located in the Northern Cape Province of South Africa. The 28 holes represent just over 40 per cent of the holes the company has planned for its initial drilling […]
Corazon identifies high-grade nickel-copper
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: ASX-listed Canada-focused exploration company Corazon has intersected approximately 50 metres of sulphide mineralisation from 771 metres down-hole, including three zones of high-grade semi-massive to massive nickel-copper sulphide breccia, at its Lynn Lake nickel sulphide project. The result comes from an ongoing exploration hole, which is currently being drilled at Lynn Lake. “The […]
Shorten tables Mining Tax Bill
/in Uncategorized /by Wally GrahamThe Melbourne Cup has been run and won, which can only mean one thing…its MRRT season! The first legislation of the Minerals Resources Rent Tax was tabled in Parliament by Bill Shorten. Treasurer Wayne Swan was acting as Prime Minister while Julia Gillard circumnavigates the globe, presumably not by flying with Qantas, for a series […]
Kimberley estimates Mineral Hill Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kimberley Metals has finalised a Resource Definition Program at the company’s Mineral Hill project. The company has determined a first Resource estimate of approximately 2.0 million tonnes for the Southern Ore Zone (SOZ), lifting Mineral Hill’s overall current JORC-compliant Resources to 5.2 million tonnes containing 222,000 ounces of gold, 61,000 tonnes of […]
Nupower receives drilling approval
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: NuPower has had a Phase 2 reverse circulation (RC) drill program approved to be carried out on the company’s Arganara phosphate project located in the Northern Territory. The Phase 2 program will include approximately 166 additional 30 metre holes for 4980 metres of drilling. NuPower said the aim of the Phase 2 […]
Early assays encourage Montezuma
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Montezuma Mining Company has received early assay from a recently completed RC drilling program carried out at the company’s 100 per cent-owned Butcherbird copper project located approximately 120 kilometres south of Newman in Western Australia. The company has received assay results for the first two holes from the drilling. Source: Company […]