ALL THE NEWS
Manas receives Shambesai results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Perth‐based gold exploration and development company Manas Resources has received the results from a recently completed 12,535 metre drilling campaign at its 100%‐owned Shambesai gold project in the Kyrgyz Republic. The company said the highlights for it from the final round of results are the numerous continuous wide, high‐grade intersections it encountered […]
Hot Chili introduces spicy maiden
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Chile-focused ASX-listed Hot Chili has completed its first resource estimate at its Productora copper-gold-molybdenum project. The maiden resource estimate comes on the back of an intensive ten month drilling program and just 15 months after the company completed its listing on the ASX. The Productora Resource estimate stands at 85.1 million tonnes […]
Pajingo by jingo
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Conquest Mining continues to produce good news from ongoing exploration at its Pajingo gold mine in north Queensland. Recent drilling carried out by the company at the Moonlight prospect and the Starlight corridor has intersected gold mineralisation that has improved its geological understanding and exploration potential at these areas. “The Moonlight prospect […]
Saracen updates Resources and Reserves
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Australian mid-tier gold producer Saracen Mineral Holdings has completed an update of its JORC-compliant Mineral Resources and Ore Reserves statements. The company has increased its total Resources (Measured, Indicated and Inferred) by ten per cent to 3.6 million ounces of gold. The main contributor to the increase came from a 740% increase […]
Navarre drilling confirms quartz reef at Tandarra
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Victorian gold explorer Navarre Minerals has confirmed strike extension of three lines of quartz reef structures at its Tandarra prospect, located 40 kilometres north of Bendigo in Victoria. Navarre recently completed an 18 hole air‐core drilling program at its Bendigo North gold project, which returned a 90 per cent hit rate targeting […]
Venture Signs MOU with Grange Resources
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Tasmania-focused Australian mineral exploration company Venture Minerals has inked a Memorandum of Understanding (MOU) with Grange Resources. Under the MOU, the two companies will investigate the potential for Grange to act as a downstream partner for Venture in value-adding to the proposed magnetite production from the Mount Lindsay Project. Magnetite will be […]
Rex strikes new copper at Hillside
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: South Australia-focused copper play Rex Minerals has received drilling results from its 100% owned Hillside copper project, located on the Yorke Peninsula. The latest drilling results are the first to be released since the company released its updated Mineral Resource estimate and Conceptual Study in July. Highlights from the recent drilling program […]
RNI posts Doolgunna gold discovery
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Reconnaissance drilling carried out by Western Australian mineral exploration company Resource & Investment on the south eastern section of its Doolgunna project has identified a new zone of gold mineralisation, with preliminary grades of up to 14.46 grams per tonne. The area, now called the Ross’s Reef prospect, remains open in all […]
Sidi Dhaher well spudded
/in Uncategorized /by Wally GrahamJETT RINK: ADX Energy, as operator, announced that the Sidi Dhaher-1 well in the Chorbane licence, onshore Tunisia, has spudded. Sidi Dhaher-1 has a planned total depth of 2,168 metres and is expected to take about 33 days to drill. Additional time will be required in the event of formation testing. The Sidi Dhaher prospect […]
Beach secures rigs for Cooper Basin
/in Uncategorized /by Wally GrahamJETT RINK: Oil and Gas exploration and development company, Beach Energy has secured two rigs, an Ensign#65 and Ensign#16, for its unconventional shale gas appraisal program in the Nappamerri Trough of the Cooper Basin for 2012. The drilling program that will utilise the two rigs will consist of both horizontal and vertical wells across the […]