THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) and Pilbara Minerals (ASX: PLS) have agreed to extend their Memorandum of Understanding (MoU) to evaluate the potential for developing a lithium mica processing operation in the Pilbara region of Western Australia’s Pilbara. Cobre Montana currently has the exclusive Western Australian rights to the only practical metallurgical process […]
WHAT ANALYSTS SAY: Breakaway Research continues its insight into the minds of Resource Industry Analysts. The next case to discuss is comparing companies with defined resources. Exploration and Development Companies with Defined Resources Here we will look at two recent notes – Anova Metals (ASX: AWV), a pure gold play, and Avalon Minerals (ASX: AVI), […]
WHAT ANALYSTS SAY: Breakaway Research provides an insight into the thought processes behind Resource Industry Analysis. How often have you heard a company representative say ‘we are undervalued with respect to our peers’? It is a comment we hear a lot as analysts, and the company may well be undervalued as compared to its peers […]
THE DRILL SERGEANT: Phoenix Copper (ASX: PNX) reported assay results from three reverse circulation (RC) holes drilled at the company’s 100 per cent-owned Mount Bonnie deposit, located within the Hayes Creek project in the Pine Creek region of the Northern Territory. The company said the latest results demonstrate grade and continuity within the deposit along […]
THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) has claimed to have confirmed a new gold zone at the company’s Kou Sa project in Cambodia. The company has intercepted gold mineralisation when drilling the first of a program of diamond holes into the project’s Prospect 190 gold geochemical anomaly, which corroborated earlier soil geochemistry that suggested […]
THE BOURSE WHISPERER: Helix Resources (ASX: HLX) has signed an Earn-In Agreement with Chilean based private equity and advisory company, Fondo De Inversion Privado EPG Exploracion Minera (EPG Mining Exploration Fund). The agreement covers the company’s over the Joshua copper-gold project, located in Chile with key terms including: Stage 1: EPG has the option to […]
THE INSIDE STORY: When Potash West (ASX: PWN) listed on the Australian Securities Exchange in 2011, its key focus was production of phosphate and potash products from the company’s Dandaragan Trough project, located north of Perth in Western Australia. Potash West had identified a growing market was emerging for fertiliser, not only within Australia, but […]
THE DRILL SERGEANT: Red River Resources (ASX: RVR) has intersected disseminated and stringer, zinc-lead-copper sulphide mineralisation with the first exploration drill hole (TH665) at the company’s Wattle Tree prospect. The Wattle Tree prospect is part of the company’s Thalanga zinc project, located west of Charters Towers in North Queensland. Red River claims TH665 has confirmed […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has continued its run of promising exploration results from the company’s Fisher East nickel project, north of Kalgoorlie in Western Australia. Rox recently completed an airborne Versatile Time Domain Electro-Magnetic (VTEM) survey along strike and to the south of the Camelwood and Musket nickel sulphide deposits at Fisher […]
THE BOURSE WHISPERER: Southern Gold (ASX: SAU) announced formal approval of Stage 1 Open Pit mine schedule and budget for operations at the company’s Cannon gold mine, located east of Kalgoorlie in Western Australia. “With all key regulatory approvals in place (and pastoral lease access agreement imminent), mine schedule and budget agreed, and with the […]
