ALL THE NEWS
Results continue to encourage Laconia
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The good news keeps coming for Perth-based exploration company Laconia Resources. The company has announced the intersection of further high-grade zinc and silver mineralisation from its maiden drilling program at the Lennons Find base metals project, near Marble Bar in the Pilbara region of Western Australia. The latest results have been achieved […]
Minbos to acquire Congo Basin phosphate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minbos Resources has entered into a conditional agreement to acquire a large-scale potash licence located in the Cabinda Province of the Republic of Angola. “This is an exceptionally exciting transaction for Minbos,” Minbos Resources executive chairman Peter Richards said in the company’s announcement to the Australian Securities Exchange. “Not only does it […]
Robust hits best copper intersection
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold and base metal exploration play Robust Resources has received some encouraging results from an ongoing drilling program being undertaken at the company’s Romang Island project in Indonesia. A total of seven drill rigs a currently operating on the Romang Island project with focus corroborating earlier exploration drilling results. Robust Resources is […]
Genesis encouraged by Chilean drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Genesis Minerals has reported the receipt of encouraging results from the final three holes drilled at the company’s Dinamarquesa project located in northern Chile. The company said it had intersected extensive zones of porphyry-hosted copper-gold and molybdenum during the drilling. The results include: – 17 metres at 0.53 per cent copper equivalent […]
Sherwin receives Roper River results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Iron ore-focused exploration company Sherwin Iron has reported results from a drilling campaign the company has carried out at the Sherwin Creek prospect located within its Roper River iron ore project in the Northern Territory. These recently-received results stem from a program of 91 RC drill holes totalling 4,506 metres, and 18 […]
Coventry is counting on Cameron
/in Uncategorized /by Wally GrahamWhile the world trudged through the Global Financial Crisis, Coventry Resources recognised an opportunity that may well prove to be a company maker. After its ASX-listing in 2009, Coventry agreed to purchase a 100 per cent interest in the Cameron gold deposit, located in northwestern Ontario, Canada. The vendors, TSX-listed Nuinsco Resources had owned […]
Rex eyes Hillside expansion
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rex Minerals will focus the pre‐feasibility study for its 100 per cent-owned Hillside copper project on expanding and optimising the mine plan to produce the equivalent of 100,000 tonnes of copper per annum. This is almost double the production rate the company originally outlined in stage one of a recent concept study. […]
Rio funds Tasman’s Olympic Dam exploration
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Exploration minnow Tasman Resources has signed a conditional agreement with Rio Tinto Exploration, a wholly owned subsidiary of global mining giant Rio Tinto. The agreement will see the latter’s subsidiary fund an accelerated exploration program on Tasman’s 100 per cent-owned Exploration Licence. The EL contains the Vulcan prospect, located 30 kilometres from […]
Orrex hits Lakeside gold
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The results are back in from Orrex Resources’ first reverse circulation (RC) drilling program at the Lakeside prospect, on its Golden Mile South project in Western Australia. The campaign consisted of eleven holes, four of which intersected gold mineralisation, for a total of 1,300m of reverse circulation drilling. Orrex said the holes […]
Focus drills potential Perseverance expansion
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Recent drilling carried out by Australian gold producer Focus Minerals at its Tindals Mining Centre underground operation has resulted in a series of high-grade gold intercepts, which the company said highlights potential for further expansion around the Perseverance deposit. Focus has also just poured its 200,000th ounce of gold since it started […]