THE CONFERENCE CALLER: With a healthy cash flow coming from its dominant holding (78.75%) in the offshore Cliff Head project in Western Australia, Triangle Energy (ASX: TEG) has been able to chase further growth opportunities in the Perth Basin. The company has its eye on the prospective Xanadu oil field and is now awaiting the […]
THE CONFERENCE CALLER: Being in the right address pretty much sums up Talon Petroleum’s (ASX: TDP) corporate strategy as it consolidates its presence in the UK North Sea. During the June quarter the Perth-based company completed the acquisition of EnCounter Oil, giving it unfettered access to the highly prospective Skymoos and Rocket prospects. Then, in […]
THE CONFERENCE CALLER: Like other Perth Basin explorers, Norwest Energy (ASX: NEW) is reviewing the oil and gas prospectivity of its Western Australian onshore portfolio in light of the Waitsia gas discovery. In particular, the company is approaching its 10.1 square kilometre Springy Creek oil prospect – which sits in the northern part of its […]
THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has commenced drilling at the Dome North spodumene target, located within the company’s 100 per cent-owned Pioneer Dome project in the Eastern Goldfields of Western Australia. Pioneer Resources said the drilling had intersected pegmatites in all three holes it has drilled to dat at Dome North. The drilling […]
THE DRILL SERGEANT: Predictive Discovery (ASX: PDI) RELEASED results from a recently completed step-out RC drilling program at the company’s Boundiali project, located in Cote D’Ivoire. Predictive Discovery explained these new results come from part of the Resolute Mining (ASX: RSG) Joint Venture exploration program in Cote D’Ivoire that is currently focused on the Boundiali […]
THE BOURSE WHISPERER: Venture Minerals has committed to the recommencement of mining activities at the company’s Riley iron ore mine in Tasmania. Venture Minerals made the announcement following completion of an updated Riley Iron Ore Mining Study with the associated Pre-Feasibility Study (PFS) delivering strong returns from a low capex two-year project, that the company […]
THE BOURSE WHISPERER: Cazaly Resources (ASX: CAZ) received a binding Heads of Agreement (HoA) proposal from Mineral Resources (ASX: MIN to purchase the company’s Parker Range iron ore project. Cazazly had already agreed commercial terms for the sale of its 100 per cent-owned subsidiary, Cazaly Iron Pty Ltd, which holds the tenements that comprise the […]
THE DRILL SERGEANT: Spectrum Metals (ASX: SPX) continued its run of high-grade results from extensional RC drilling within the high-grade shoot at the company’s Penny North project. Spectrum Metals received results from four new holes that returned results of: SPWRC081 4 metres at 63.1 grams per tonne gold from 289m, including 3m at 83.7g/t from […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported encouraging assay results from drilling at the Lena deposit and initial drilling at the Mainland prospect, both part of the company’s Cue gold project in Western Australia’s Murchison district. Musgrave has received assays from the first reverse circulation (RC) holes drilled in the current program at Lena […]
THE DRILL SERGEANT: Horizon Minerals (ASX: HRZ) announced reverse circulation (RC) drilling results from the company’s 100 per cent-owned Binduli gold project area located west of Kalgoorlie-Boulder in the Western Australian goldfields. The results come from a follow up 56-hole RC drilling program completed at the Crake and Coote prospects, part of the Binduli gold […]
