THE BOURSE WHISPERER: Platina Resources (ASX: PGM) has received results of a scoping study carried out at the company’s Owendale scandium project by SNC-Lavalin Australia. Platina said the Study results support the economic and technical viability of the project. The Study included the development of capital and operating cost estimates to ±50 per cent accuracy […]
THE BOURSE WHISPERER: MinQuest Limited (ASX: MNQ) has entered into a farm-in Joint Venture agreement with Golden Predator Corp., a company based in Hayden, Idaho. Under the agreement MinQuest has acquired the right to earn up to a 75 per cent interest in the Marg VMS project, located in the central part of the Yukon […]
THE ROADHOUSE BOWSER: During his lunchtime address at the AOG conference in Perth, Carnarvon Petroleum CEO Adrian Cook sent out a warning to his exploration peers to avoid a knee-jerk reaction to the current oil price situation. When it comes to recent exploration achievement in the Oil & Gas Industry, few can surpass Carnarvon Petroleum’s […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from the latest drilling program carried out at the company’s Matilda gold project in Western Australia. Assay results have come in from the first eight RC holes of a 50 hole program at the Matilda Mining Centre, which targeted the extensions of the M4 lode. […]
THE ROADHOUSE BOWSER: Real Energy Corporation (ASX: RLE) reported on progress at the company’s two maiden Cooper Basin wells, Tamarama-1 and Queenscliff-1. Real Energy said completion and testing operations at the two wells are progressing well to the point where the company has confirmed gas to have flowed to surface at Queenscliff 1. Real Energy […]
GAVIN WENDT: There’s been an enormous of hype recently about the new phenomenon that is shale oil – and if you listen only to the rhetoric emanating from the USA from brokers, deal-makers, drilling-rig operators, company executives and government official, you’d be led to believe that the economics of shale oil are beyond question. But […]
THE ROADHOUSE BOWSER: Cue Energy Resources (ASX: CUE) has completed the acquisition of 100 per cent of SPC Mahakam Hilir Pte Ltd, which holds 60 per cent of the Mahakam Hilir PSC in the Kutei basin, onshore Kalimantan, Indonesia. The deal means Cue now holds a 100 per cent interest in the PSC. Cue recently […]
THE ROADHOUSE BOWSER: Santos (ASX: STO) has entered a natural gas supply contract with Australia’s biggest alumina producer, Alcoa. The Oil & Gas big boy told the market the contract is dated to commence in 2018 and will result in Santos supplying 82PJ of gas to Alcoa over an initial contract term of five years […]
THE DRILL SERGEANT: Cardinal Resources (ASX: CDV) has encountered further gold intersections at the Namdini Mining Licence, located within the company’s Bolgatanga project in Ghana. Shallow gold hits along strike and along section include: 18 metres at 3.12 grams per tonne gold from 16m vertical depth; 17m at 3.77g/t gold from 30m vertical depth; 16m […]
THE BOURSE WHISPERER: PLD Corporation (ASX: PLD) has completed its due diligence on the Admiral Bay zinc and Rocky Gully nickel-copper project and has subsequently notified Kagara (currently in liquidation), Heron Resources and Third Reef that it intends proceeding with the acquisition of the projects. PLD described Admiral Bay is one of the largest undeveloped […]
