ALL THE NEWS

Corazon continues nickel hits

THE DRILL SERGEANT: Canada-focused nickel play Corazon Mining has intersected further nickel / copper sulphide mineralisation. The hits have come during an ongoing drilling program the company is conducting on geophysical (EM) conductors at its EL Deposit, located within the Lynn Lake nickel sulphide project in Canada. The latest drilling supports Corazon’s interpretation that the […]

White Rock continues Mt Carrington drilling

THE DRILL SERGEANT: White Rock Minerals is currently undertaking a drilling program on its 100 per cent owned Mt Carrington project in northern New South Wales. The program has been designed to expand the current shallow Inferred Resource base of the project of 190,000 ounces of gold and 10 million ounces of silver. Drilling has […]

Extracting gold without the pain

Mining without mining sounds like an abstract concept but it is actually very close to becoming a reality. Last year CSIRO Minerals Down Under Flagship scientists released research they had carried out on the Towards the Invisible Mine project. The scientists identified a major drawback to using the traditional in-situ leaching process of injecting leaching […]

Straits restructures Tritton takeoff

THE BOURSE WHISPERER: Straits Resources has signed a non-binding Memorandum Of Understanding with J.P. Morgan outlining terms for a binding agreement to allow it to restructure an existing offtake agreement between the two parties from January 2012. Straits said it had been working for some time to restructure its existing Tritton Copper Mine copper offtake […]

Invictus enhances Scartwater prospectivity

THE BOURSE WHISPERER: Perth-based gold exploration play Invictus Gold said follow-up work it has recently carried out on the Scartwater prospect at its 100 per cent owned Drummond Basin project in Queensland has enhanced its prospectivity. Invictus identified the Scartwater prospect as interesting on the basis of elevated gold‐in‐soil responses and highgrade rock chip assays […]

Sheffield confirms scale of McCalls deposit

THE DRILL SERGEANT: Bulk minerals explorer Sheffield Resources has released the results from a 30 hole drilling program at its McCalls heavy mineral sand exploration project. The project is located 110 kilometres north of Perth, near Gingin in Western Australia. Of the 30 holes drilled, all returned mineralised intervals of greater than one per cent […]

Alligator continues Tin Camp drilling

THE DRILL SERGEANT: Brisbane-based uranium play Alligator Energy has released results from an ongoing drilling program being carried out at its Tin Camp Creek project in the Northern Territory. Alligator has received results from two holes recently drilled at the Caramal prospect and six drill holes undertaken in the South Horn area. Drilling at Caramal […]

That zincing feeling

Zinc has been the Cinderella story of base metals recently but alas there hasn’t been any pumpkins arrive at its front door to take it to the ball. Just when zinc was starting to get a few come-hither looks from world market analysts it has been hit by global financial storm and European gloom, which […]

YTC completes Hera DFS

THE BOURSE WHISPERER: YTC Resources has completed a Definitive Feasibility Study of its Hera gold-base metal deposit. The study covered Stage 1 of the development of the company’s Hera-Nymagee project located in the Cobar Basin, New South Wales.   The Hera-Nymagee project consists of the Hera gold-lead-zinc deposit and the Nymagee copper deposit. Both of […]

Aspire identifies Mongolian coal seam

THE DRILL SERGEANT: Northern Mongolia-focused coal play Aspire Mining has identified a new coal seam formation. The seam is located around four kilometres from the resource area at the company’s Ovoot coking coal project in Northern Mongolia. The company currently has four drilling rigs working to determine the resource potential of the area. Aspire has […]