THE BOURSE WHISPERER: Global Metals Exploration (ASX: GXN) has entered into an agreement with Zinc Mines of Ireland Limited (ZMI) to acquire all of the issued capital in ZMI. The deal delivers to Global Metals acquisition of 100 per cent of seven Irish zinc projects located around the country in areas such as Sligo, Galway […]
ROADHOUSE REGULAR: Gavin Wendt continues his look at the current fortunes of the most precious of metals. Good News for Gold All of this of course is good news for gold, for which I am an unashamed bull – as it remains the ultimate ‘insurance policy’ for investors and which has stabilized and strengthened in […]
ROADHOUSE REGULAR: Gavin Wendt says that the recent decision by the Federal Reserve to raise interest rates in the face of a rapidly weakening global economy has given a new lease of life to gold. A year ago, oil and other commodities signalled that potential turmoil was coming to the global economy. Now the signal […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) updated the market in relation to RC and aircore drill results from the Bombora prospect, part of the company’s 100 per cent-owned Lake Roe project, located east of Kalgoorlie in Western Australia. The drilling has been targeting high-grade gold mineralisation hosted by a thick fractionated dolerite situated in […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has made use of the current strength of the gold price environment to shine a new light on the company’s Mt Fisher gold project in Western Australia. The company had previously released a JORC 2004 standard Mineral Resource of 973,800 tonnes at 2.75 grams per tonne gold for […]
THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) has entered into an Option Agreement and Strategic Alliance with TSX-listed company International Lithium Corp. (ILC) to earn up to an 80 per cent interest in the Mavis lithium project, located in the Canadian Province of Ontario. Pioneer suggested the deal was encouraged by the recent interest in […]
THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has raised $20.3 million through a Placement that has been earmarked for spending at the company’s 100 per cent-owned 4.7 million ounce Matilda gold project, located near Wiluna in Western Australia. Blackham Resources said the funds would be used to: Enable immediate commitment to the refurbishment of the […]
THE DRILL SERGEANT: Peel Mining has kicked off drilling at the company’s 100 per cent-owned Apollo Hill gold project near Leonora in Western Australia. Peel plans to conduct an exploration program to test for extensions to existing gold mineralisation. Drilling is being completed to assess the potential to expand Apollo Hill’s JORC inferred resource estimate […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced it has advanced the Program of Works (PoW) for the extraction of a trial sample for pilot testing of lithium micas from the Lepidolite Hill project in Western Australia. The company said the testing will advance its 100 per cent-owned Sileach process towards commercialisation with pilot testing […]
THE BOURSE WHISPERER: Pilbara Minerals (ASX: PLS) announced results of a Pre-Feasibility Study completed on the company’s 100 per cent-owned Pilgangoora lithium-tantalite project in Wester Australia. The PFS has outlined a robust development with low operating costs and includes an initial maiden Ore Reserve for Pilgangoora of 29.5 million tonnes at 1.31 per cent lithium […]
