THE BOURSE WHISPERER: Lincoln Minerals (ASX: LML) has been granted a Mineral Lease by the South Australian Government for the company’s wholly-owned Kookaburra Gully graphite project on South Australia’s Eyre Peninsula. Lincoln has been granted ML 6460, through its wholly-owned subsidiary, Australian Graphite Pty Limited, for a period of 21 years commencing on 3 June […]
THE BOURSE WHISPERER: Metalicity (ASX: MCT) has struck a non‐binding Memorandum of Understanding (MoU) and made a placement to raise approx. $3 million with members of the China Battery Association. The MoU is with China New United Shanghai Metal Resources Co, Ltd (Shanghai Metals), which Metalicity said will advance the company’s lithium exploration and business […]
THE DRILL SERGEANT: Metalicity (ASX: MCT) has submitted six new exploration licence applications (E04/2443-2448) surrounding the company’s existing Admiral Bay zinc project in Western Australia. The new applications cover an area of 3,300 square kilometres along a total strike length of approximately 130 kilometres of the Admiral Bay Fault zone in the central Canning Basin. […]
CONFERENCE CALLER: In the lead-in to the Association of Mining and Exploration Companies (AMEC) annual talkfest next week, the body’s chief executive, Simon Bennison says the release of ASIC Information Sheet 214 on Forward-Looking Statements has created significant uncertainty in the Australian mining and mineral exploration sector. Bennison declared that ever since the guidance was […]
THE BOURSE WHISPERER: Altona Mining (ASX: AOH) has negotiated a binding agreement with Sichuan Railway Investment Group (SRIG) to create a joint venture to build a new copper-gold mine at the company’s Cloncurry project located in north-west Queensland. The deal gives rise to a new Joint Venture company, Roseby Copper Pty Ltd (JVCo), which will […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has extended high-grade gold mineralisation at both the Wilber and Judy orebodies at the company’s Andy Well gold project near Meekatharra in Western Australia. The extensions have come courtesy of recent underground diamond drilling undertaken by Doray at Andy Well as part of an ongoing campaign to delineate […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) announced a zinc-lead maiden Inferred Mineral Resource for the – “world-class” Teena zinc-lead deposit, located eight kilometres west of the McArthur River zinc-lead mine in the Northern Territory. Rox declared the Inferred resource to have confirmed what has thought for some time – that the Teena deposit represents […]
THE DRILL SERGEANT: Tyranna Resources (TYX: ASX) has claimed a new gold discovery at the company’s Jumbuck project in the Northern Gawler block of South Australia. The discovery – to be known as the Greenwood prospect – stems from the receipt of assay results from the first 21 reverse circulation (RC) drill holes carried out […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has been granted approval by Western Australia’s Department of Mines and Petroleum for initial preparatory site works on the company’s wholly-owned Ravensthorpe project, west of Esperance in the State’s south. The company said the approval to clear native vegetation is the forerunner to awaited approvals for its proposed […]
THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has picked up the pace of ongoing diamond drilling at the company’s Alacrán project in Mexico following a recent $15 million fundraising. The company said the fundraising will support a 10,000 metre exploration drilling program, which is to be accelerated with the addition of a second core rig […]
