THE BOURSE WHISPERER: Matsa Resources (ASX: MAT) announced the first delivery of ore from the company’s Red October gold mine in Western Australia to the Sunrise Dam gold treatment plant owned by AngloGold Ashanti Australia (AGAA). Matsa Resources executed a five years Ore Purchase Agreement with AGAA for the purchase of gold ore from the […]
THE DRILL SERGEANT: Dark Horse Resources (ASX: DHR) has completed detailed mapping and a diamond‐sawn rock channel sampling program at the company’s Las Opeñas gold project in Argentina. Dark Horse Resources declared the recent work had confirmed widespread high-grade zones of gold and silver. The channel sampling consisted thirty‐four channel samples cut over a two-kilometre […]
THE BOURSE WHISPERER: Black Cat Syndicate (ASX: BC8) has entered into Farm-in and Joint Venture Agreements in respect of the Balagundi project (E27/558) with Pioneer Resources (ASX: PIO). Balagundi sits adjacent to the north-west portion of Black Cat Syndicate’s Bulong gold project in Western Australia and runs parallel to a major structural trend bounding the […]
THE DRILL SERGEANT: Mako Gold (ASX: MKG) reported assay results from the first sixteen holes of a recent twenty-seven hole reverse circulation (RC) drill program at the company’s Napié project in Côte d’Ivoire. Mako Gold is earning up to a 75 per cent interest in the Napié project under a farm-in and Joint Venture agreement […]
THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has received permits from the Secretaria de Estado de Minería ‐ Gobierno de Catamarca (the authority that approves drilling permits in Catamarca, Argentina). The permitting allows Galan Lithium to conduct a maiden drill program over the company’s Western Basin projects located on the Hombre Muerto salar in Argentina. […]
THE BOURSE WHISPERER: Bellevue Gold (ASX: BGL) has launched a fully underwritten institutional placement to raise approximately $18.5 million. Bellevue Gold is offering the placement at 57 cents per share, which represents an 8.8 per cent discount to the closing price of the company’s shares on 23 July 2019 of 62.5 cents per share. The […]
THE BOWSER: Calima Energy (ASX: CE1) has entered into a formal sale and purchase agreement to sell the company’s interest in the Namibia PEL 90 licence (Block 2813B). Calima Energy is selling the licence to Tullow Namibia Limited, a subsidiary of Tullow Oil plc, a leading deep-water operator with a track record of working in […]
THE BOWSER: Strike Energy (ASX: STX) completed drilling the intermediate hole section of its West Erregulla-2 well to a final TD of 2,499 metres. Strike Energy said the drilling had encountered the Eneabba formation that had been selected to provide a good setting point. The company then ran the 11-3/8” casing in hole to the […]
THE DRILL SERGEANT: Magnetic Resources (ASX: MAU) claimed a plus 200m-wide gold zone is emerging on the north-eastern part of the company’s Hawks Nest 9 (HN9) gold project near Laverton in Western Australia. Magnetic Resources completed an extensive drilling program of 250 RC holes at HN9, which remains open downdip and to the north. The […]
THE BOURSE WHISPERER: Canyon Resources (ASX: CAY) reported that the Government of Cameroon has completed a rail study involving a link between the company’s Minim Martap bauxite project to the Kribi Deep Water Port. Canyon Resources said an independent Feasibility Study for the construction of a rail line from Edea to Kribi Port, was completed […]
