THE BOURSE WHISPERER: Southern Gold (ASX: SAU) has received payment of the third profit share distribution from the company’s operating Cannon open-pit gold mine near Kalgoorlie in Western Australia. Southern Gold explained the Cannon gold mine operations committee resolved to pay $4 million in distributions: $2 million to the company with the processing plant, Westgold […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced the settlement of hostilities with Lepidico (ASX: LPD). Lithium Australia announced litigation with Lepidico subsidiary, LiTechnology Pty Ltd has been settled by mutual agreement. All commercial details of the settlement remain confidential. What Lithium Australia could announce publicly subsequent to the settlement, however, was that the three […]
THE BOURSE WHISPERER: Legend Mining (ASX: LEG) has purchased two granted exploration licences from Musgrave Minerals (ASX: MGV), located in the Fraser Range district of Western Australia. Legend Mining said the 238.5 square kilometre tenements are contiguous with the company’s Rockford project. Legend’s total tenement holding in the Fraser Range is now 2,792.5sqkm, comprising nine […]
CONFERENCE CALLER: CSA Global’s manager of exploration Marcus Willson proved to be the antithesis to the buoyant mood at the RIU Explorers Conference in Fremantle, By Jacinta Payne Willson took his audience on a trip down memory lane of the recent industry downturn presenting delegates with some stark realities of current exploration trends. The world […]
CONFERENCE CALLER: The winner of the Craig Oliver Award was revealed on the opening morning of the RIU Explorers Conference in Fremantle. The award is in memory of Craig Oliver who was killed, along with other Sundance Resources Board members in a plane crash in the Congo in 2010. It is presented to an ‘all […]
THE CONFERENCE CALLER: The overall sentiment on the first day of the RIU Exploration Conference 2017 in Fremantle was positive with delegates reflecting the current shift in market sentiment. By Jacinta Payne That shift, according to Patersons Securities head of research Rob Brierly, is a positive one, with the cyclic nature of the resources market […]
THE DRILL SERGEANT: Latin Resources (ASX: LRS) is currently undertaking a program of reverse circulation (RC) drilling at the company’s lithium project in Catamarca, Argentina. Latin Resources said the drilling is continuing and progressing well with first pass exploration reverse circulation drilling at the Ipizca II target last week. Drilling is nearing completion at Reflejos […]
THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) has entered in to a Farm-in Agreement with Lepidico (ASX: LPD) at the company’s Pioneer Dome lithium-caesium-tantalum (LCT) pegmatite project in the Eastern Goldfields of Western Australia. Pioneer Resources said that under the farm-in agreement, Lepidico can earn a 75 per cent interest in PEG009 Lepidolite. Lepidolite is […]
THE DRILL SERGEANT: Alloy Resources (ASX: AYR) has completed an RC drill program at the company’s Ophara project, located 50 kilometres west of Broken Hill in New South Wales. Alloy Resources carried out the 12 hole RC drill program, which had been designed to define the strike and depth potential of the known cobalt-gold mineralisation […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) announced the ongoing Feasibility Study drill program at the company’s 110 per cent-owned Leonora gold project in Western Australia has returned more strong assay results. The latest results are from the Rangoon deposit, which is part of the proposed Cardinia mining centre. The results included shallow intersections, which […]
