WHAT THE ANALYSTS SAY: This week our team of experts run their eyes over Orion Gold. Website: www.breakawayresearch.com Orion Gold (ASX: ORN) Orion has secured an option to acquire 73.3 per cent of the historic Prieska copper mine, located some 270 kilometres south-west of Kimberley in the Northern Cape Province of South Africa through the […]
THE DRILL SERGEANT: Renascor Resources (ASX: RNU) has entered into a binding agreement to secure an option over the Arno graphite project, an advanced graphite project in South Australia’s Eyre Peninsula. Renascor believes the project offers large tonnage, high quality graphite potential. High-grade, coarse-flake graphite intersections have been encountered in eight holes drilled to date […]
THE BOURSE WHISPERER: Antipa Minerals (ASX: AZY) has swallowed up ground that used to belong to Newcrest Mining Limited in Western Australia. In January 2015 Newcrest Mining relinquished mining leases M45/247 and M45/248. These are located approximately 40 kilometres north of the Telfer gold mine and mineral processing facility, and within Antipa Minerals’ North Telfer […]
THE BOURSE WHISPERER: MZI Resources (ASX:MZI) announced the Wet Concentrator Plant (WCP) at it’s the company’s Keysbrook project, located 70 kilometres south of Perth, has exceeded nameplate throughput capacity over five consecutive days. By doing so the plant has satisfied the requirements of the performance test component needed for WCP commissioning. Operational responsibility for the […]
THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) announced a bonanza gold grade intersection from recently completed deeper drilling carried out beneath the shallow oxide Milky Way open pit near Mt Magnet in Western Australia. Ramelius completed ten deep exploration RC drill holes and two RC re-entries at Milky Way targeting along strike, plus up and […]
THE DRILL SERGEANT: West African Resources (ASX: WAF) reported high-grade intersections from shallow oxide RC drilling carried out on the M3 prospect, at the company’s 100 per cent-owned Tanlouka gold project in Burkina Faso. Recent shallow RC drilling at M3 returned results including: TAC1068 5 metres at 2.61g/t gold from 9m; TAC1097 13m at 1.77g/t […]
THE DRILL SERGEANT: Vimy Resources (ASX: VMY) is well into a Definitive Feasibility Study (DFS) in-fill drilling program at the Ambassador, Shogun and Emperor prospects on the company’s Mulga Rock project (MRP) in Western Australia. The drilling program, which is 75 per cent complete, will carry out 523 aircore drill holes and 91 diamond holes. […]
THE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) has executed an exclusive mandate with German KfW IPEX-Bank GmbH, a wholly-owned subsidiary of the promotional bank KfW. Under the deal KfW IPEX-Bank will provide Altech advisory and structuring services in relation to the provision of senior debt project financing for the company’s proposed high purity alumina (HPA) […]
THE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) has installation of the first solar photovoltaic (PV) panels underway as part of the construction of a 10.6 megawatt (MW) solar power station at the company’s 100 per cent-owned DeGrussa copper mine in Western Australia. The $40 million project is to become the largest integrated off-grid solar and […]
THE INSIDE STORY: It’s no secret that there hasn’t been much joy for the junior end of Resources Town over the past few years. However, there has been a sniff of optimism in the air of late, especially for junior gold exploration companies such as Alloy Resources (ASX: AYR) with the behaviour of the Australian […]
