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Search results for drilling

Apr 12, 2021
Hi-ho Silver! New Century drilling yields ‘stunning’ results

Hi-ho Silver! New Century drilling yields ‘stunning’ results

New Century Resources has announced ‘stunning’ high-grade assays from the first seven holes of a 30-hole drilling program at the Silver King deposit within its Century mining lease. They include an intersection of 9.5m grading at 45.5 per cent lead, 4.1 per cent zinc and 425g/t silver from 174.4m. New Century sees Silver King shaping… .single-img {display:none !important;} .sing...

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Apr 01, 2021
Priority targets at Yandan as GBM gets drilling

Priority targets at Yandan as GBM gets drilling

GBM Resources will target three district-scale gold systems at its newly acquired Yandan project as part of an ‘aggressive exploration program’ planned for its Drummond Basin tenements this year. The company said the Yandan mine corridor, Illamahta and North East (NE) Ridge would be the focus of the 2021 exploration and drilling program. Further details… .single-img {display:non...

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Mar 09, 2021
Drilling firm DDH1 lists on the ASX

Drilling firm DDH1 lists on the ASX

Mineral drilling firm DDH1 has commenced trading on the Australian Securities Exchange. DDH1 last week completed an Initial Public Offering (IPO) that secured gross proceeds of $150 million through the issue of about 40 per cent of DDH1’s shares. Managing director and chief executive officer Sy Van Dyk said demand was growing in the Australian mineral… .single-img {display:none !important;}...

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Feb 16, 2021
Mount Mackenzie drilling to feed feasibility study

Mount Mackenzie drilling to feed feasibility study

Resources & Energy Group expects drilling to start this week at its Mount Mackenzie gold and silver project, 150km north-west of Rockhampton. Proactive Drilling has been selected to carry out the drilling program, with the company expecting to mobilise within the next few days A scoping study conducted in July 2020 returned an indicated and… .single-img {display:none !important;} .singl...

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Feb 15, 2021
Drilling industry courts women

Drilling industry courts women

The drilling industry is encouraging more women into its ranks. Most drill rigs are still single-sex says Australian Drilling Industry Association board member, Charters Towers driller and outlier Sally Forgan. Ms Forgan says there’s pressure to change the balance. “There is a shortage in our industry … especially attracting new talent to the pool is… .single-img {display:none !important;} ...

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Feb 12, 2021
Drilling identifies new Broadmeadow East targets

Drilling identifies new Broadmeadow East targets

Bowen Coking Coal says drilling at its Broadmeadow East project has shown that a key coal seam extends beyond the ground covered in the existing measured resource. The company has identified two additional targets at the coking coal project, near Moranbah in the Bowen Basin. Bowen Coking Coal bought Broadmeadow East from Peabody Energy last… .single-img {display:none !important;} .single-ho...

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Feb 11, 2021
Drilling business DDH1 launches $150m IPO

Drilling business DDH1 launches $150m IPO

Australian drilling firm DDH1 Group has launched a $150 million initial public offering valuing the company at $376.5 million. The group comprises the three brands DDH1 Drilling, Strike Drilling and Ranger Drilling. Founded in 2006, it operates a fleet of 96 mineral drilling rigs to support drilling programs throughout Australia. The prospectus indicates the business… .single-img {display:n...

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Feb 11, 2021
Lack of drilling staff sours cream conditions

Lack of drilling staff sours cream conditions

The lack of qualified drilling staff could take the glint off the current gold-lined period operators in mineral industries are enjoying says the peak industry body. Australian Drilling Industry Association chief executive officer Peter Hall says the industry is very strong, with buoyant iron ore and gold markets that have been allowed to continue operating… .single-img {display:none !impor...

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Jan 27, 2021
Additional drilling targets  Trafalgar discovery

Additional drilling targets Trafalgar discovery

Hammer Metals is extending a drilling program at the Mount Isa East JOGMEC joint venture with additional holes to follow up the copper and gold discovery at the Trafalgar prospect. Significant intercepts from two holes drilled in December included 55m grading at 1.12 per cent copper and 0.30g/t gold and 32m grading at 1.04 per… .single-img {display:none !important;} .single-holder .wrapper ...

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