ALL THE NEWS

Apollo Minerals happy with Mt Oscar drilling

THE DRILL SERGEANT: Iron ore exploration company Apollo Minerals has received results from metallurgical test work of an initial drilling program at Unit A on its Mt Oscar Main iron ore project. The company’s executive general manager Dominic Tisdell said the results from the initial drilling and metallurgical test work was highly encouraging. “These results […]

Empire hits first zinc mineralisation

THE DRILL SERGEANT: Perth-based precious and base metals explorer Empire Resources has intersected high grade zinc mineralisation at its A Zone prospect. The A Zone prospect lies within the company’s wholly owned Yuinmery copper gold project, located 80 kilometres southwest of Sandstone in Western Australia. The zinc mineralisation was identified in a recently completed RC […]

Tanami hit further high-grade gold

THE DRILL SERGEANT: Perth-based Australian gold producer Tanami Gold has continued its run of encouraging results from an ongoing diamond drilling program at its 100%-owned Central Tanami project in the Northern Territory. The latest round of drilling has continued to define gold mineralisation beneath and adjacent to the historic Groundrush open pit, which produced more […]

Aura Resources’ first Mauritania uranium resource

THE DRILL SERGEANT: Australian-based uranium exploration company Aura Energy received a boost of confidence in its greenfields Reguibat project in Mauritania. Aura has announced the project’s first JORC-Code compliant Inferred Resource of 50.2 million pounds at 330 parts per million of uranium. The maiden resource for the Reguibat project was based on a cut-off grade […]

Julia said she would and she has

Prime Minister Julia Gillard kept at least one promise when she announced the Federal Government’s Climate Change Plan, more popularly known as the Carbon Tax. According to the Prime Minister and her co-committee members from the Greens and Independents, the basic premise of the Climate Change Plan is to move Australia towards becoming a clean energy economy. The […]

Viking Ashanti plunders multiple gold zones

THE DRILL SERGEANT: Perth-based Viking Ashanti has intersected multiple zones of gold mineralisation from the first drilling program on the southwest extension of its Akoase East project. The 500,000 ounce Akoase East gold project is located in Ghana, West Africa. The first ten Reverse Circulation holes drilled on the southwest extension of the Akoase East […]

Strike Energy initiates major fund raising

THE BOURSE WHISPERER: ASX-listed gas and oil-condensate producer Strike Energy is undertaking a major capital raising to raise a total of $16.8 million. The company said the raising is the first of a series of initiatives to position it for a period of increased activity and growth across its portfolio of assets, in particular, its […]

Manas hits bonanza gold intercept

THE DRILL SERGEANT: Perth-based gold exploration and development company Manas Resources had a smile on its collective faces as it reported the second round of results from a drilling campaign at its 100%- owned Shambesai gold project in the Kyrgyz Republic, Central Asia. The company has been carrying out a program of more than 12,000 […]

Tawana set to acquire prospective Liberian ground

THE BOURSE WHISPERER: West Africa-focused Tawana Resources has secured binding exclusivity and exclusive rights to due diligence on the Sinoe gold project in South-Eastern Liberia. Tawana considers to the Sinoe project to be a significant, highly prospective gold land package. Tawana Resources has paid an initial exclusivity option fee to Global Mineral Investment Incorporated, the […]

Book Review

Trading in shares of resource companies listed on the boards of the Australian Securities Exchange has, in recent years, become part of the Australian psyche as a punt on the horses. There is little wonder this has occurred. Both provide the punter with the challenge of following the form of their respective favourites and dreams […]