Rumble Resources Limited (ASX: RTR) has enjoyed a rise in investor interest, after the company confirmed a major zinc-lead discovery at the Chinook Prospect within its Earaheedy Project near Wiluna in Western Australia. Expedited assay results of the two RC drillholes EHRC050 and EHRC044, indicate that the Chinook Prospect has the potential to be at […]
Eagle Mountain identifies high-grade copper targets at OREX Prospect
A field mapping programme at Eagle Mountain Mining Limited’s (ASX:EM2) OREX prospect has identified extensive outcropping mineralisation at part of the company’s 80% owned Oracle Ridge Mine Project in Arizona. Based on encouraging results from an initial field mapping programme at OREX in 2020, a detailed mapping project has now been completed. The recently completed […]
Philippine President lifts nine year ban on new mining agreements
The Philippines mining sector is celebrating the decision of President Rodrigo Duterte to lift a nine year old ban on the issue of new mining agreements. The all powerful Philippine leader reversed a recent trend to stall mining activities in the mineral rich nation when he issued a new order to reverse sections of the […]
Titan secures US$15 million with Ecuadorian asset sale
Titan Minerals Limited (ASX: TTM) has entered into a term sheet with Pelorus Minerals Limited for divestment of its non-core Zaruma Mine and Portovelo Process Plant assets in Ecuador. Subject to the parties finalising and executing a formal binding transaction agreement and the buyer finalising its due diligence investigations within a 30-day exclusivity period from […]
Ausgold increases Katanning Gold Resource to 1.54 million ounces
Ausgold Limited (ASX: AUC) has unveiled a significantly upgraded JORC 2012 Mineral Resource estimate for the company’s 100% owned flagship Katanning Gold Project (KGP), located 275km south-east of Perth, Western Australia. Managing Director, Matthew Greentree, said the new Resource, which totals 1.54 million ounces of gold, is a 28% increase in total contained ounces and […]
Xantippe receives encouraging Sothern Cross drill results
Xantippe Resources Limited (ASX: XTC) has received positive assay results returned from fire assay analysis of reverse circulation (RC) drilling recently completed over a number of prospects in Western Australia. The results continue to define the mineralisation present across a number of prospects in the Southern Cross Gold Project and have generated new targets for […]
