WHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Legend Mining and Metalicity. Website: www.breakawayresearch.com Legend Mining (ASX: LEG) Legend Mining (ASX: LEG) is an Australia-based junior explorer focussing activities on nickel-copper sulphide exploration in the Fraser Range area of Western Australia. The key project is Rockford, located over the […]
THE DRILL SERGEANT: Companies getting busy on the drill bit this week include, Interim Resources, Mining Projects, Antipa Minerals, and Argent Minerals. Deep Diamond Drilling at Kempfield Argent Minerals (ASX: ARD) has commenced an extended reach, deep diamond drilling program at the company’s Kempfield polymetallic project in New South Wales. The first of two diamond […]
THE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has received results from the first phase of shallow drilling (less than 50m downhole) to have been completed at the Lady Kelly prospect within the company’s Kalgoorlie North gold project. The drilling returned high-grade results, which Excelsior consider to highlight the exploration upside of the Kalgoorlie North gold […]
THE BOURSE WHISPERER: Thor Mining (ASX: THR) has received ministerial approval for the acquisition of the balance of the Spring Hill gold project in the Northern Territory. In April, Thor agreed terms to acquire the 49 per cent equity interest in Spring Hill that it did not own, from WDR Gold, a subsidiary entity of […]
Resources & Commodities – Is it now time to re-think? GUEST COMMENTATOR: 2014 and 2015 to the end of September has been plagued by weak commodity demand on the back of softening world growth, particularly in China, and a lack of meaningful production cuts which has led to building inventories. Bulk commodities, particularly iron ore, […]
THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has finalised the Preliminary Feasibility Study (PFS) on the company’s 100 per cent-owned Matilda gold project, located near Wiluna in Western Australia. The company said the PFS had confirmed the Matilda project’s robust economics including a low capital requirement, short timeframe to production, fast payback and operating costs. […]
THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) has completed a placement of new fully paid ordinary shares to professional and sophisticated investors, including Directors, raising $525,000. The capital raising placed new share to clients of Bell Potter Securities, and other investors with Pioneer receiving firm commitments amounting to 35 million Shares at 1.5 cents per […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) released the results of the final hole (15SYDD0008) in a recent five‐hole diamond drilling program completed at the Smokebush Dolerite prospect. The Smokebush Dolerite occurs in the Riviera‐Smokebush Gold Camp Scale Target, which is within the South Yamarna Joint Venture Gold road has with Sumitomo Metal Mining […]
THE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) and OZ Minerals (ASX: OZL) have struck up a binding collaboration agreement over OZ Minerals’ tenements in the Mt Woods area in South Australia, specifically excluding the Prominent Hill mine Mining Licence ML 6228. Minotaur Exploration provided a bit of a history lesson in its ASX announcement of […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has completed a comprehensive review of historical data on the company’s tenement holdings at the Dalgaranga gold project in the Murchison region of Western Australia. According to Gascoyne the review has identified a number of high-priority exploration targets close to established Resources, which currently boast a Measured, Indicated […]
