Unico Silver (ASX:USL) has mobilised a second diamond drill rig to its wholly owned Joaquin Project in Santa Cruz, Argentina after first assays demonstrated the resource growth potential. Phase one of the program consisted of 2,712m of reverse circulation drilling across 20 holes. A second drill rig will test the area for deeper extensions, supporting […]
Unico Silver (ASX:USL) says the final results from phase-two diamond drilling at its Cerro Leon Project in Argentina confirm “multiple new discoveries”. The 9,143m drilled across 63 holes yielded the Savary, Kasia, MS Link and Silvia discoveries. The Savary prospect returned a hit of 30m @ 293 grams per tonne silver equivalent from 92.6m, Kasia […]
Taruga Minerals (ASX:TAR) has exercised its option to acquire the Thowagee Project in the Gascoyne Province of Western Australia. In November 2024, the company entered into an option agreement to acquire Thowagee, which expands its portfolio to 416.5km2 of contiguous acreage in the Gascoyne Province. To complete the deal, Taruga will issue $85,000 worth of […]
DFK Kidsons partner Michael Port has been appointed as CFO at Mithril Silver and Gold (ASX:MTH). Port works with small, medium, and large scale private businesses and not-for-profit organisations to provide external audit services and business advisory. He has over 30 years of experience in the accounting industry, specialising in audit, accounting, financial reports, systems […]
Iltani Resources (ASX:ILT) has received the first assay results from an infill drilling program within the Orient Project in Queensland with the company expecting to confirm as one the “highest-grade known silver-indium deposit”. Three drillholes have returned broad, high-grade results including drillhole ORR069 with 13m @ 115.2 grams per tonne silver-equivalent (Ag-Eq), including 2m @ […]
Iltani Resources (ASX:ILT) has begun its latest diamond drilling program as the company assesses further information on the variety of mineralisation and associated metal grades at the Orient silver-indium deposit in Queensland. The program comprises of four diamond drillholes; two holes to be drilled for 455m at Orient West, followed by two holes for 450m […]
Canada-based precious metals miner Element79 Gold (CSE:ELEM) is reviewing near-term producing assets in Peru and South America following delays in reaching an agreement for its Minas Lucero Gold and Silver Project in Peru. The company attended the 12 April Spring General Assembly Meeting to discuss upcoming exploration, mill and tailings reprocessing plant development plans. For […]
Iltani Resources (ASX:ILT) has been awarded a $230,375 grant through the Collaborative Exploration Initiative (CEI) to fund an airborne geophysical survey at the Herberton Project in Queensland. The CEI grant will enable Iltani to define immediate blind drill targets associated with sulphide mineralisation at Orient and to assess the potential for further Orient-style silver-copper-indium-lead-zinc mineralisation […]
Sunshine Metals (ASX:SHN) has intersected broad zones of quartz-carbonate-barite veining via first-pass reverse circulation drilling conducted at the Tigertown prospect in Queensland. A seven hole for 641m drilling program was completed, with five of the holes testing extensions and continuing of mineralisation along the main Tigertown view. The veining, alteration, and sulphide observations are in […]
Iltani Resources (ASX:ILT) is seeking to grow the Orient deposit in northern Queensland, with a diamond and reverse circulation drilling programs set to begin. All of the data generated from the multiple drilling programs will be used by independent mining consultant Mining One to model and estimate the initial resources for the Orient West and […]