WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Ardiden Limited (ASX: ADV) Ardiden has commenced a drilling program on its recently acquired Manitouwadge flake graphite project, located in Ontario Canada. There has been no previous drilling on this property. As part of Ardiden’s reinvigorated growth strategy […]
ONE OFF THE WOOD: Korab Resources’ (ASX: KOR) 100 per cent-owned Winchester magnesite deposit is located within the company’s Batchelor project, located near the town of Batchelor, some 85 kilometres south of Darwin. Results from a recently-completed pre-feasibility study have demonstrated the project to possess impressive economics combined with the ability to potentially generate […]
THE ROADHOUSE BOWSER: Byron Energy Limited (ASX: BYE) has vicariously picked up an exploration block located in the Central Gulf of Mexico (GOM). The company’s wholly-owned subsidiary company Byron Energy Inc, was the highest bidder on the block, which was up for grabs in a recent GOM Lease Sale 235 held in New Orleans. Byron […]
THE DRILL SERGEANT: Xanadu Mines (ASX: XAM) has completed a JORC 2012-compliant maiden Mineral Resource Estimate for the company’s Kharmagtai copper-gold project, located within the South Gobi porphyry copper province of Mongolia. Xanadu bragged the Resource had been calculated within 12 months since the company’s acquisition of the project. The Kharmagtai project is a joint […]
THE BOURSE WHISPERER: Black Oak Minerals (ASX: BOK) has carried out its first silver pour having recently completed commissioning of the company’s Manuka silver project in central New South Wales. The company boasted its first silver pour produced 136 kilograms of dore, delivering approximately 4,000 ounces of silver. Production at Manuka is anticipated to increase […]
THE ROADHOUSE PHARMACY: Capital Mining (ASX: CMY) will have to change its name sooner or later as the company continues its investment in the medical cannabis and hemp based products sector. The company announced its proposed acquisition of United States-based Nutrawerx, a company focused on the development and production of hemp related products and cannabinoid […]
THE ROADHOUSE PHARMACY: Novogen (ASX: NRT) announced it had reached an important milestone in the development of one of the company’s oncology pipeline drug candidates, Anisina (ATM-3507). The company said a recent study has confirmed the concept that comprehensive destruction of a cancer cell’s cytoskeleton can deliver a powerful anti-cancer effect. Novogen explained the cytoskeleton […]
THE ROADHOUSE BOWSER: Sunbird Energy (ASX: SNY) received a boost to its plans to commercialise South Africa’s largest proven gas field, Ibhubesi, with the signing of a as Sales Agreement (GSA) Term Sheet with one of Africa’s largest energy suppliers. The company has signed the GSA with Eskom Holdings for the supply of gas to […]
THE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has received results of a Definitive Feasibility Study (DFS) carried out on heap leaching lower grade ore at the company’s Castle Hill gold project near Kalgoorlie in Western Australia. The company reported the DFS has demonstrated improved project economics and strong returns for the project with all in […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) is progressing the current pre-feasibility study being carried out on the company’s 100 per cent-owned Thunderbird mineral sands project in northwest Western Australia. The company announced the Study has achieved encouraging results from metallurgical testwork and process engineering. According to Sheffield the recent work has resulted in mproved […]
