Tag: #Pilbara

Pacton Gold tumbles on Novo exploration update

Pacton Gold tumbles on Novo exploration update

Pacton Gold (PAC.V) once again shows the company’s share price seems to be moving in accordance with big brother Novo Resources (NVO.V). Although Pacton hasn’t put a single drill hole in and hasn’t taken any samples yet, the share price collapsed on Thursday on the results of Novo’s bulk sample. […]

Pacton Gold acquires more ground in Pilbara

Pacton Gold acquires more ground in Pilbara

Pacton Gold (PAC.V) has entered in yet another agreement to purchase more land in Western Australia’s Pilbara region. The company has entered into a LOI to purchase the Friendly Creek exploration license. The 31.4 square kilometer land package is small, but appears to be ideally located (right next to Novo […]

Capricorn Metals boosts Bibra gold resource

Capricorn Metals boosts Bibra gold resource

Capricorn Metals (ASX:CMM) continues to develop and advance its Karlawinda gold project in the Pilbara region, as the Bibra gold prospect on the property now hosts 1.11 million ounces of gold in 31 million tonnes (which results in an average grade of 1.1 g/t gold). This is an important step […]

Pilbara Minerals hits 156M tonnes at Pilgangoora

Pilbara Minerals hits 156M tonnes at Pilgangoora

Sometimes companies are just lucky, and Pilbara Minerals (ASX:PLS) definitely falls into that category. Its share price was trading at less than A$0.04 just two years ago, but the company was able to take advantage of the current lithium boom as it quickly advanced the Pilgangoora tantalum-lithium project in Western […]

Venturex’ Kangaroo Caves project now contains 470M lbs Zinc

Venturex’ Kangaroo Caves project now contains 470M lbs Zinc

Venturex Resources (ASX:VXR) released an updated resource estimate at the Kangaroo Caves project in September, which now contains 3.55 million tonnes of ore in all categories. As the average grade of the mineralization is approximately 6% zinc, 0.55% copper and half an ounce of silver per tonne of rock, Kangaroo […]

Flinders Mines sells an option on its PIOP project

Flinders Mines sells an option on its PIOP project

Flinders Mines (ASX:FMS) has announced it has entered into an agreement with the Todd corporation whereby the latter will purchase an option to acquire Flinders’ Pilbara Iron Ore Project (‘PIOP’). Todd will be paying A$10M in cash to secure the option which can be exercised by paying a lump sum […]

West Pilbara Iron Ore Project Location

Aquila Resources unveils revised CAPEX estimates

ASX-listed Aquila Resources Ltd. (ASX:AQA) has announced an updated capital expenditure estimate on their 50%-owned West Pilbara iron ore project, in the Australian Pilbara region. The revised capex came in at A$7.4B, which is an upward revision when compared to the previous estimate. The company expects to spend in excess […]