THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced the completion of a second continuous pilot plant run by ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation). Lithium Australia said the second continuous pilot plant ran from 10 to 13 October 2016 and was a follow up exercise to the initial process […]
THE INSIDE STORY: Arafura Resources (ASX: ARU) was recently awarded Major Project Facilitation (MPF) status with the Australian Government in recognition of the company’s 100 per cent-owned Nolans rare earths project in the Northern Territory. The Government offers a free MPF service to eligible projects to acknowledge the potential, government approval processes have, to add […]
THE DRILL SERGEANT: Lithium Australia (ASX: LIT) has identified lithium mineralisation during reconnaissance exploration within the company’s Lake Johnston project, located 450 kilometres east of Perth in Western Australia. Lithium Australia announced a consolidation of lithium rights at Lake Johnston in October, which includes lithium rights on two tenements held by Lefroy Exploration Limited (ASX: […]
THE DRILL SERGEANT: Sayona Mining (ASX: SYA) released assay results from the first diamond drill holes carried out at the company’s Authier lithium project in Quebec, Canada. The first two diamond drill holes intersected high-grade spodumene mineralisation, including: Hole 1: 62 metres at 1.35 per cent lithium dioxide (Li2O) from a downhole depth of 12m, […]
THE DRILL SERGEANT: S2 Resources (ASX: S2R) has received results from two diamond holes drilled at the Monsson prospect, part of the company’s Polar Bear project, located between Higginsville and Norseman, in Western Australia. S2 Resources said the latest drilling was carried out to twin original high-grade gold intercepts encountered in RC holes SPBC0313 and […]
THE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has picked up two new Mining Leases to progress the development of the company’s Mulga Rock project in Western Australia. Vimy Resources explained the new Mining Leases (M39/1104 and M39/1105) replace the previous Mining Leases M39/1080 and M39/1081, whichhad been originally granted in July 2012, and have since […]
Nickel-based M&A activity an indicator the sector is on the rise THE CONFERENCE CALLER: Australia’s nickel miners have been doing it pretty tough of late, however according to PCF Capital Group managing director Liam Twigger, there are positive signs the sector is on the rebound. Twigger was addressing the opening session at the Paydirt 2016 […]
THE CONFERENCE CALLER: Addressing the Paydirt 2016 Australian Nickel Conference in Perth, Alto Capital senior analyst Carey Smith gave the audience plenty to think about. A long-time believer in nickel, Smith declared his thoughts on nickel’s prospects by forecasting a nickel price outlook from a low of US$17,400 per tonne to a mid-range of US$23,100 […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) has encountered more wide, shallow, high-grade gold mineralisation from reconnaissance reverse circulation (RC) drilling at the company’s Lake Roe project, 100 kilometres east of Kalgoorlie. Breaker Resources claims the drilling effectively links the Bombora and Bombora North discoveries, establishing a continuous 2.2km-long zone of gold mineralisation that is […]
THE BOURSE WHISPERER: Rox Resources (ASX: RXL) followed up the sale of its Reward project interest with the acquisition of 100 per cent of the Collurabbie project tenements, located 500 kilometres north of Kalgoorlie in Western Australia from Falcon Minerals (ASX: FCN). The project tenements are situated 70km due east of Rox Resources’ Fisher East […]
