THE CONFERENCE CALLER: Being on the ground at the RIU Sydney Resources Round-up enabled The Roadhouse to gain exclusive access to Gold Road Resources (ASX: GOR) management for an inside look at the share buying spree by Independence Group (ASX: IGO). Gold Road share went nuts on Wednesday, which resulted in the company receiving some […]
CONFERENCE CALLER: In what was possibly the most sobering performance at the RIU Sydney Resources Round-up, BDO partner-corporate finance Dan Taylor presented the findings of the company’s latest Explorer Quarterly Cash Position report. For some, reading the report could be as frightening as a Stephen King novel as it produced numbers showing that, compared to […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received the results of a Pre-feasibility Study (PFS) that was carried out on the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in northwest Western Australia. Sheffield said the results from the PFS have confirmed the Thunderbird project will deliver strong cash margins over […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) claims to have confirmed its recent nickel discovery at the Sabre prospect on the company’s 100 per cent-owned Fisher East nickel project north of Kalgoorlie in Western Australia. Rox has received RC results from the Sabre prospect, which are following up aircore results reported earlier this year. RC […]
THE DRILL SERGEANT: Metals of Africa (ASX: MTA) has commenced drilling at the company’s Montepuez Central graphite project in the Cabo Delgado graphite province of Mozambique in East Africa. The program will target areas of near‐surface, high-grade mineralisation at the project area and has been designed to deliver a maiden JORC 2012 Resource Estimate. The […]
THE BOURSE WHISPERER: Sirius Resources (ASX: SIR) has struck an agreement with Trafigura to sell planned Nova copper sulphide concentrate production for a period of three years from commencement of production. Sirius described Trafigura as one of the largest physical commodities trading groups in the world, with experience in the supply and transport of concentrates. […]
THE ROADHOUSE BOWSER: Titan Energy (ASX: TTE) has commenced commercial production on the initial test well of the company’s 2015 multi-well developmental drilling program on Allen Dome. The company announced the JT Reese #14 to be flowing 100 per cent high gravity (44°) oil at 80psi on a 16/64 choke. In the first 72-hours of […]
THE ROADHOUSE BOWSER: Empire Oil & Gas (ASX: EGO) announced the sale of the company’s remaining tenements in the Carnarvon Basin region of Western Australia. Empire said the final sale will allow the company to focus solely on unlocking the value of its vast acreage in the Perth Basin. The deal entails the sale of […]
THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) announced it has confirmed gold mineralisation and the orientation of a mineralised structure at the Smokebush Dolerite Target the company discovered in March this year. The confirmation has come through a program of follow‐up Reverse Circulation (RC) drilling at the Smokebush Dolerite Target, which occurs in the […]
THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has declared ‘All Systems Go’ at the company’s Kathleen Valley gold project, located north of Leinster in Western Australia. Ramelius has received the final outstanding statutory approval to commence mining at the project and has quickly moved to begin site mobilisation and infrastructure. Open pit mining is expected […]
