ALL THE NEWS
Flinders receives assays from BID drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Flinders Mines has received results from the first batch of assays for a follow-up drilling program targeted at defining additional Brockman Iron Deposit (BID) mineralisation at its Pilbara iron ore project in Western Australia. Flinders said the latest results have given it a high degree of confidence that its geological model for […]
Westgold confirms Jim’s Find
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Westgold Resources has completed the latest round of evaluation drilling at its recently-discovered Jim’s Find prospect at the Cuddingwarra Goldfield located in the company’s Central Murchison gold project (CMGP) in Western Australia. Westgold described Jim’s Find to be a virgin discovery that shapes to be a mineralised shear zone hosted in mafic […]
Elvis has left the building October 14
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Chairman Retirement and Appointment […]
MOD to explore gold in New Zealand
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: MOD Resources has reached an agreement with Oceana Gold (New Zealand), a wholly owned subsidiary of Oceana Gold Corporation. The agreement will result in MOD, through its 100 per cent-owned New Zealand subsidiary Sams Creek Gold, earn up to 80 per cent of New Zealand’s largest undeveloped gold deposit, Sams Creek, located […]
Northern Star drills big numbers at Paulsens
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources has achieved some impressive resource extension drilling results yet at the Voyager 1 lode at its Paulsens gold mine in Western Australia. The company is confident the latest results could set up further increases in resources, production and mine life. The intersections include: – 18.8 metres at 62.7 grams […]
Corazon continues Lynn Lake nickel intersections
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining has struck additional nickel/copper sulphide mineralisation during its ongoing drilling of geophysical (EM) conductors at its EL Deposit located within the Lynn Lake nickel sulphide project in Canada. A recently-completed wedge hole intersected approximately 26 metres of strong matrix to semi-massive sulphide style mineralisation from approximately 715 metres down hole, […]
Meteoric confirms gold at Tibooburra
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Meteoric Resources has completed follow-up sampling of an initial drilling program at the company’s New Bendigo prospect at Tibooburra, 300 kilometres north of Broken Hill in New South Wales. The sampling has confirmed high-grade gold mineralisation from intersections including: – 20 metres at 5.22 grams per tonne gold from 8 metres, including […]
Aspire raises funds for Ovoot
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aspire Mining has raised $32.8 million via a placement that it will use to progress its Ovoot coking coal project in northern Mongolia. The placement consisted of 80 million new fully paid ordinary shares at 41 cents per share to institutional and sophisticated investors. Aspire also announced that its major shareholder, SouthGobi […]
Clean Energy Bill lets-down small business: AMEC
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The passage of the Federal Government’s Clean Energy Bill through the House of Representatives continues to polarise the business community with one mining sector body expressing its disappointment. The Association of Mining and Exploration Companies pointed to The Labor Party’s rejection of Independent Tony Crook’s amendment to the Clean Energy Future Reform […]
Carbon Conscious welcomes Clean Energy passage
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kevin Rudd kissed Julia Gillard while the Labor Party cheered and Tony Abbott glowered while the Liberal Party jeered. The positive vote for Federal Government’s Climate Change Plan, more popularly known as the Carbon Tax, in Parliament, also set-off some back-slapping in the Board room of forestry plantation project developer Carbon Conscious. […]