THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received further drill results from the company’s Matilda gold project in Western Australia, which has identified two new highly prospective lodes. Drilling at M10 East in-filled the current resource block model and Blackham said the results are in line with its expectations. Drilling at M6 North (800m […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has been able to confirm the recent gold discovery at the Hendricks prospect, part of the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. Gascoyne has received 1m resampling assay results from the discovery Aircore hole from the Hendricks prospect. Three aircore […]
THE BOURSE WHISPERER: Altura Mining (ASX: AJM) has entered into a non-binding Letter of Intent (LOI) with China based group, Lionergy Limited for offtake for a minimum of 100,000 tonnes per annum and up to 150,000tpa of lithium spodumene concentrate to be produced from the company’s 100 per cent-owned Pilgangoora lithium project. Lionergy will also […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced the development of a new hydrometallurgical process for the recovery of lithium from spodumene, which is currently the primary source of hard-rock lithium production. Known as the Sileach process, LIT claims it will be readily adaptable to other silicate minerals and has been developed to reduce the […]
THE DRILL SERGEANT: Companies getting busy to get drilling this week include, Alloy Minerals, Azure Minerals, Lodestar Minerals, and Metminco. 2016 Exploration Program kicks off at Horse Well Alloy Resources (ASX: AYR) advised the market that managing Joint Venture partner Doray Minerals (ASX: DRM) has commenced the 2016 drilling campaign at the Horse Well gold […]
THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) and Venus Metals Corporation (ASX: VMC) have executed a Memorandum of Understanding (MoU) to initially test the commercial lithium potential of Venus’ holdings in the Pilbara region of Western Australia. The MoU will focus on Venus’ Pilgangoora project, southeast of Port Hedland with a broad objective to determine […]
WHAT THE ANALYSTS SAY: This week our panels of experts cast their respective oculars over Hexagon Resources, and Altura Mining. Website: www.breakawayresearch.com Company: Hexagon Resources Limited (ASX: HXG) Following a challenging period associated with the failed Hengda merger, Hexagon Resources (previously Lamboo Resources), under new management, has now regrouped and has had success in its […]
THE INSIDES STORY: It’s no secret that commodity prices across the board took a battering towards the end of 2015 and the nickel price was caught up in the carnage. The New Year started badly for the sector with Panoramic Resources (ASX: PAN) announcing the suspension of operations at its Savannah mine in Western Australia, […]
THE BOURSE WHISPERER: Stavely Minerals (ASX: SVY) has added a prospective new gold-copper project in North Queensland to its project portfolio. The company said the Ravenswood West project Exploration Permit Application (EPM) 26041, located near the historical mining centre of Charters Towers and the multi-million ounce Ravenswood goldfield in North Queensland, was complementary to the […]
THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) released final assay results from three phases of drilling completed between October and December 2015 at the company’s 100 per cent-held Acra gold project, located northeast of Kalgoorlie in Western Australia. During the final quarter of 2015, Pioneer completed over 5,000 metres of drilling – including 3,936m of […]
