THE DRILL SERGEANT: Northern Star Resources (ASX: NST) has increased Resources and Reserves at the company’s Jundee gold mine in Western Australia. Resources for Jundee have increased by 299,000 ounces to 1.15 million ounces (9.2 million tonnes at 3.9 grams per tonne gold). Reserves have been increased by 32,000 ounces to 415,000 ounces (2.7 million […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: TNG Limited (ASX: TNG) TNG has made considerable progress towards finalisation of the BFS and commercialisation of its Mount Peake vanadium-titanium-iron project in the Northern Territory of Australia. Key recent advancements include the signing of a number of […]
GAVIN WENDT: The current stoush between ‘Sheikh and Shale’ (as The Economist has brilliantly described it) presents the ideal opportunity for an examination of the economics (or otherwise) of shale oil production. I’ve been a long-time skeptic of the hype surrounding shale oil, as it is high prices over the past few years that have […]
THE ROADHOUSE BOWSER: WHL Energy (ASX: WHN) responded to the announcement from Tap Oil (ASX: TAP) that the latter has elected not to proceed with an option to acquire an initial 10 per cent interest in the WHL Energy-operated VIC/P67 permit off the coast of Victoria. Under the terms of the 18 September 2013 agreement, […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has received assay results for Phase 2 of a 2014 drilling campaign at the Company’s 100 per cent-owned East Laverton property in Western Australia. St George said the results have confirmed numerous intersections of nickel sulphide and base metal mineralisation. At the Windsor nickel sulphide prospect, four […]
THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Drilling Recommencement on New Zaway Target Tawana Resources (ASX: TAW) is set to recommence drilling at the company’s 100per cent-owned Mofe Creek project in Liberia. The program will […]
THE BOURSE WHISPERER: The resilience of the small end of town exploration sector continues to show its hand as companies enhance their exploration portfolios. Cobre completes fifth WA lithium acquisition Cobre Montana (ASX: CXB) has completed the acquisition of lithium prospective Exploration Licence 74/0543 near Ravensthorpe in southern Western Australia. It will be the company’s […]
THE ROADHOUSE BOWSER: Way back in September 2013 Tap Oil Limited (ASX: TAP) announced it had executed an agreement with WHL Energy Limited (ASX: WHN) for an option to acquire an initial 10 per cent interest in exploration permit Vic/P67 in the offshore Otway Basin. Under the terms of the agreement, Tap purchased an option […]
THE CLEAN ENERGY CAFE: It’s been a long time coming but at last a mining company operating in the middle of one of the most sun-drenched landscapes in the world is embarking on a solar-power initiative. Sandfire Resources (ASX: SFR) has signed an agreement with juwi Renewable Energy to construct a 10.6 megawatt (MW) solar […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has received final assay results from diamond drilling completed last year at the company’s Chilalo graphite project in south-east Tanzania. The company claims the results reinforce the potential for a sizeable graphite resource at Chilalo as the diamond drilling results correlate with those from a twinned Reverse Circulation […]
