THE DRILL SERGEANT: Corazon Mining (ASX: CZN) declared a major technical breakthrough from initial metallurgical testwork completed at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Canada. Corazon Mining said the initial results from the metallurgical testwork program at Lynn Lake were exceptional and, for the first time, have delivered separate high-value nickel and copper […]
THE BOURSE WHISPERER: Australian Potash (ASX: APC) is to undertake a renounceable rights issue, aiming to raise up to approximately $5.23 million. Australian Potash declared its intentions to undertake a pro rata renounceable rights (or entitlements) issue to eligible shareholders to raise up to $5,229,824, comprising an offer on the basis of three rights shares […]
THE BOURSE WHISPERER: Heavy rare earths producer Northern Minerals (ASX: NTU) has received the final $1 million in relation to a subscription agreement with Chinese company Liu Xiaohua. Northern Minerals announced the deal in February 2019. The company explained the full placement is for 50 million fully paid ordinary shares in Northern Minerals at an […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) has appointed Alex Passmore to the position of Chief Executive Officer, commencing immediately. Passmore is a qualified geologist with extensive corporate experience and is a well-known identity in the resources sector having been spent over ten years at Patersons Securities in roles such as Director – Corporate Finance, […]
THE BOURSE WHISPERER: Indiana Resources (ASX: IDA) has entered into a non-binding term sheet for a Joint Venture (JV) covering the Lakanfla and Tabakarole gold projects, located in western and southern Mali respectively. Indiana Resources struck the deal with London AIM and Toronto-listed Altus Strategies Plc, that is subject to entering into a definitive agreement, […]
THE BOURSE WHISPERER: One the annual highlights of February is the release of the IPO Watch Report from accounting firm HLB Mann Judd. The report outlines the IPO activity for the previous year and is always informative reading, with this year being no exception. According to the report there were 93 new listing to the […]
THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported recent drilling from the company’s Barimaia Joint Venture gold project in the Murchison District of Western Australia. Genesis Minerals said the drilling had continued to confirm and define a shallow gold mineralisation system with strong open pit potential at the Barimaia JV. The company has received results […]
THE DRILL SERGEANT: Galan Lithium (ASX: GLN) informed the market of its encounter with a substantial intercept of brine from its maiden drillhole at the company’s Candelas lithium brine project, located on the Hombre Muerto salar in Argentina Galan Lithium reported the hole, C‐01‐19, encountered the intercept from depths of approximately 235 metres to a […]
THE DRILL SERGEANT: Calidus Resources (ASX: CAI) announced a substantial increase to its Mineral Resource with a high conversion to Indicated Mineral Resources at the company’s 100 per cent-owned Warrawoona gold project, located in the Pilbara of Western Australia. Calidus Resources has taken the total JORC 2012-compliant Mineral Resource (Measured, Indicated and Inferred) for the […]
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) declared the discovery of a major copper-cobalt-silver-gold trend at the company’s Mt Gilmore project in New South Wales. Corazon Mining’s recent exploration activity has resulted in the discovery of multiple, large (plus-1km) priority targets within a major copper-cobalt-silver-gold feature of more than 11 kilometres in strike length, which […]
