WHAT THE ANALYSTS SAY: This week our team of experts run their eyes over Thundelarra limited and Doray Minerals. Website: www.breakawayresearch.com Thundelarra Limited (ASX: THX) Ongoing work by Thundelarra continues to confirm the prospectivity of its key projects, with recent drilling returning positive results at several projects. In addition to copper intersections in drilling at […]
THE CONFERENCE CALLER: At the end of another resources conference season, the question to be answered is no longer ‘Are we there yet?’, rather, ‘Who do we believe can lead us out of the mire?’ Leading off at the recent Brisbane Mining 2015 Conference, Westpac Institutional Bank director of Economics Justin Smirk took the gathered […]
THE DRILL SERGEANT: Companies getting busy on the drill bit this week include, Helix Resources, Red River Resources, and Gascoyne Resources. High Priority Exploration Drilling Gascoyne Resources (ASX: GCY) has commenced a 10,000 metre exploration drilling program at the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. The Dalgaranga […]
THE DRILL SERGEANT: Metallica Minerals (ASX: MLM) has completed a second graphite-focused core drill hole on the company’s Esmeralda graphite project, located south of Croydon in north Queensland. This second drill hole, WD002, is located 1.2 kilometres to the west of the first, WD001, and was designed to test the western edge of a coincident […]
THE BOURSE WHISPERER: Latin Resources (ASX: LRS) has signed a binding terms sheet with Chilean company, Minera Activa to enter into a Joint Venture agreement on Minera Activa’s Filipina copper project in Chile, South America. The JV allows Latin to earn into the project by payments over a four year period to potentially earn up […]
THE DRILL SERGEANT: Doray Minerals (ASX:DRM, Doray) has extended the zone of high-grade gold mineralisation to the north of the existing Wilber Lode Ore Reserve boundary via recent recent underground diamond drilling undertaken at the Andy Well gold project in Western Australia. The company said the results indicate potential for further extensions to the Wilber […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has hit a new shallow high-grade zone of oxide mineralisation whilst completing the first round of drilling on the Williamson deposit, which is part of the company’s Matilda gold project, near Wiluna in Western Australia. Blackham completed a program of 19 RC holes, which it claims has discovered […]
THE BOURSE WHISPERER: Arafura Resources (ASX: ARU) has reduced the estimated capital expenditure (CAPEX) for the company’s 100 per cent-owned Nolans rare earths (RE) project in the Northern Territory. The total initial CAPEX for the Nolans project is now estimated at $1.193 billion (or US$835 million at A$1 = US$0.7) inclusive of 20 per cent […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has reported a further first-rate drill result from diamond drilling being undertaken at the Teena zinc prospect, which forms part of the Reward project in the Northern Territory. Hole TNDD020 was recently drilled on the same north-south section as earlier holes TNDD021 and TNDD014. TNDD020 intersected further high-grade […]
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) has identified multiple gold lodes at the company’s 100 per cent-owned Lake Roe gold project, located east of Kalgoorlie, between the Karonie and Karari-Carosue Dam gold deposits. The company completed a 181 hole program of aircore drilling early this month, targeting a two kilometre-long, structurally complex part of […]
