THE DRILL SERGEANT: Blackham Resources (ASX: BLK) announced a revised Mineral Resource estimate for the East and West lodes at the company’s Matilda/Wiluna gold operation in Western Australia. Blackham Resources indicated it has Mineral Resource estimates currently underway for the Happy Jack – Bulletin and Adelaide – Moonlight areas, which it expects to be reported […]
THE INSIDE STORY: Seasoned market watchers would be aware of the 50:50 Gruyere Joint Venture (GJV) deal, Gold Road Resources (ASX: GOR) struck in 2016 with international gold producer Gold Fields Ltd. They would also know Gruyere as a 3.5 million ounce project forecast for average annualised production of 270,000 ounces of gold for 13 […]
THE INSIDE STORY: S2 Resources (ASX: S2R) celebrates its second anniversary this October – just as the Northern Lights, aurora borealis, reappear over Swedish Lapland to rejoice in their own electrically charged skyward festival. By Margie Livingston In just two short years, S2 Resources has established a strategic land holding in Scandinavia, achieved exploration success […]
THE BOURSE WHISPERER: Azumah Resources (ASX: AZM) has struck a binding Term Sheet deal with Perth-managed private equity group, Ibaera Capital GP Limited. The deal enables Ibaera, to earn in two stages, up to a 47.5 per cent interest for an expenditure of US$13.5 million ~($17M) in the company’s Wa gold project in Ghana, West […]
THE BOURSE WHISPERER: Carbine Resources (ASX: CRB) has signed a binding offtake agreement for pyrite production from the company’s developing Mount Morgan gold-copper project in Queensland. Carbine Resources inked the deal with Chinese Trading company IKing International Limited. The agreement with IKing contains a guaranteed floor price for all the pyrite concentrate delivered with a […]
THE BOURSE WHISPERER: S2 Resources (ASX: S2R) has struck an agreement with TSXV-listed Renaissance Gold to earn in to three of that company’s properties located on some of the major known gold mineralised trends in Nevada, USA. S2 Resources also announced it has made a C$1 million investment in another TSXV-listed company, GT Gold, which […]
THE BOURSE WHISPERER: Kin Mining (ASX: KIN) announced another crucial step towards development of the company’s 100 per cent-owned Leonora gold project (LGP) in Western Australia. Kin Mining has secured an option to purchase a used 2.5 megawatt (MW) ANI-Ruwolt ball mill from Macca-Interquip. The company considers the acquisition of such a key long-lead item […]
THE BOURSE WHISPERER: Explaurum (ASX: EXU) informed the market of the completion of a bookbuild to raise up to $4.5 million through a placement of up to 42.9 million shares at an issue price of 10.5 cents per share. Explaurum said the raising, brokered by Hartleys, involved sophisticated and institutional investors. The company outlined the […]
THE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) took heart from dispatches by neighbouring gold-hopeful Alto Metals (ASX: AME). Middle Island Resources drew the market’s attention to recent public statements by Alto Metals and a research report commissioned by that company referring to the potential opportunity for Alto to regionally process some of its hard […]
THE INSIDE STORY: Most junior mining companies – not to mention shareholders – would be very pleased to be able to consider commissioning a new mine in a little over five years after listing on the Australian Securities Exchange. By Ron Berryman Kin Mining (ASX: KIN) chairman Trevor Dixon is confident his company’s aggressive drilling […]
