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Amerisur Resources produces almost 6,200 barrels of oil per day in October

Amerisur Resources produces almost 6,200 barrels of oil per day in October

Amerisur Resources (AMER.L) has provided another production update as the company announced a total oil production of almost 200,000 barrels in October, resulting in an average production rate of 6,172 barrels of oil per day and a peak production rate of almost 7,400 barrels per  day. The current production rate […]

Paringa Resources reduces Poplar Grove pricing risk

Paringa Resources reduces Poplar Grove pricing risk

Paringa Resources (ASX:PNL) is now accelerating the development at its Poplar Grove coal mine in the USA’s Illinois Basin. Meanwhile, the company has now fixed the pricing and the timing of approximately 90% of its financing needs, reducing the risks going forward whilst keeping the project on track to sell […]

Black Sea Copper & Gold signs a 3 year exploration agreement

Black Sea Copper & Gold signs a 3 year exploration agreement

Black Sea Copper & Gold (BLS.V) has now finally been issued a formal three-year license by the Bulgarian Ministry of Energy, allowing it to thoroughly explore its Kalabak property. As a reminder, the Kalabak project has a historic resource estimate of 6.2 million tonnes at an average grade of 4.04 […]

Millennial Litihum is getting ready for its first PEA

Millennial Litihum is getting ready for its first PEA

Millennial Lithium (ML.V) is 100% serious about advancing the Pastos Grandes lithium property as fast as possible, as the company has just appointed WorleyParsons as its consultant to complete a comprehensive Preliminary Economic Assessment on Pastos Grandes. More details are emerging now, and it looks like WorleyParsons has been tasked […]

Laramide Resources releases Church Rock resource estimate

Laramide Resources releases Church Rock resource estimate

Laramide Resources (LAM.TO, ASX:LAM) has released the results of its maiden resource estimate on the Church Rock uranium project, located in New Mexico. According to the study, the project hosts an inferred resource estimate of almost 34 million tonnes of rock at an average grade of 0.075% U308-equivalent. This results […]

Vendetta publishes zinc-rich Zone 5 assay results

Vendetta publishes zinc-rich Zone 5 assay results

Vendetta Mining (VTT.V) is still drilling away on its Pegmont Lead-Zinc project in Australia, and the company has now provided the assay results of an additional nine holes which were all drilled on Zone 5, the underground portion of the mine. Keep in mind that now the open pit potential […]

MZI Resources has updated the Keysbrook resource

MZI Resources has updated the Keysbrook resource

MZI Resources (ASX:MZI) has released an updated ore reserve estimate of 58 million tonnes at 2.3% heavy minerals (compared to 72 million tonnes at 2.2% heavy minerals eighteen months ago). Based on the anticipated 5.25 million tonnes per year operating plan, the reserve-based mine life at Keysbrook is approximately 10-11 […]

Oblique view to NorthEast of the Shumagin Zone. Blue Solid along south side of the Shumagin Master Fault is Modeled Conductivity data from griddid IP surveys. The conductivity solid clearly delineates faulted geological contacts between Hangingwall Tuff (Conductive) and Footwall basalt/Andesite (Magnetic, Resistive-Chargeable.) and highlights splaying of the Shumagin Fault to the southwest along strike for ~600 meters and remains open.

Redstar Gold: Interview with CEO Peter Ball

A few months ago, Redstar Gold (RGC.V) released a set of drill results from the summer drill program at Unga Island, and even though the company’s drill core contained visible gold, the assay results were disappointing. As we mentioned before, exploration isn’t an exact science and if anything, Redstar continues […]