ALL THE NEWS
Castle Minerals new gold discovery in Ghana
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: First pass RC drilling undertaken by Perth-based Castle Minerals at its Baayari prospect in north-west Ghana has intersected a strong zone of gold mineralisation. The Baayiri prospect is within the Julie –Jang Trend, a gold corridor that has never previously been explored. Drilling at Baayiri is part of Castle’s wider exploration program […]
Monteray to acquire Burkina Faso gold project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Surfers Paradise-based Monteray Mining Group has stepped outside its Western Australian focus by entering into a binding acquisition agreement to acquire a package of three gold licenses in Burkina Faso. The licences are subject to the grant of permit applications covering 416 square kilometres of highly prospective ground in central western Burkina […]
Ezenet to acquire Chilean gold project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Software and computer developer turned South American gold explorer Ezenet has executed an agreement with Chilean company Compania Calcia. The agreement will see the company acquire a 100% interest in the Vega Gold exploration project located in Chile’s El Indio Gold Corridor. The Vega project comprises 10 gold Exploration Concessions covering an […]
Perilya updates Moolooloo Resource
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Base metals mining and exploration company Perilya has announced a new mineral resource estimate for the North Moolooloo high grade zinc prospect. The new resource estimate is located in the Northern region of the North Moolooloo exploration project in the Flinders region in South Australia. Perilya discovered the North Moolooloo deposit during […]
Metallica Minerals to raise $4.9 million
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Multi-commodity resource development company, Metallica Minerals has announced a fully underwritten renounceable rights issue to raise approximately $4.9 million. Funds raised will be used to advance two of the company’s key minerals projects in Queensland. These are the NORNICO nickel, cobalt and scandium project northwest of Townsville and the Weipa zircon/rutile minerals […]
Elvis has left the building No.3
/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: Medusa restructures board Following […]
And the winners are…
/in Uncategorized /by Wally GrahamThe Western Australian State Government has drawn the names out of the Co-funded Exploration Drilling Program hat. A total of 42 companies and individuals applied for help with drilling 53 different exploration plays up and down the state. The list includes company names such as Hancock Prospecting and Fortescue Metals Group demonstrating how much easier […]
Gold popular in co-funded drilling program
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The current round of the Western Australian State Government’s Co-funded Exploration Drilling Program has highlighted gold to be the much-favoured commodity of choice for exploration plays by featuring in 49 per cent of applications. WA Mines and Petroleum Minister Norman Moore didn’t surprise anyone by speaking glowingly about the program that began […]
Southern Cross Goldfields rubs Golden Orb
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Recent infill RC drilling carried out at the Golden Orb deposit by Southern Cross Goldfields has demonstrated its potential as an open pit and underground feed source. Significant intersections received from the recent in-fill drilling include: – 8 metres at 6.7 grams per tonne gold from 10m; – 3m at 24.0 g/t gold from […]
Proto acquires German development project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Sydney-based Proto Resources & Investments has acquired rights over the Kiefernberg nickel-cobalt development project located in Saxony, Germany. Proto has entered an option to purchase the Granulite Mountains licence from Deutsche Rohstoff AG. The licence covers over 600 square kilometres and includes both known mineralised zones and the site of a historical […]