WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: PLD Corporation (ASX: PLD) PLD has signed an agreement to acquire the Admiral Bay zinc deposit. Upon successful completion of due diligence, PLD will pay $0.5 million in cash, issue a $0.5 million convertible note, grant a 1.5 […]
THE ROADHOUSE PHARMACY: Prescient Therapeutics (ASX: VHL) has finalised the acquisition of specialty oncology company AKTivate Therapeutics and its novel cancer drug candidate triciribine phosphatemonohydrate (TCN-P). Prescient has paid US$300,000 cash consideration and issued 6.7 million shares to the vendors. The company will issue a further 5 million Prescient shares to the vendors contingent on […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) declared recent drilling carried out at the company’s Andy Well gold project in Western Australia has confirmed the potential for mine life extensions. Doray said shallow RC drilling at the Suzie Zone and, what it labelled, ‘opportune’ diamond drilling at the Judy Lode, both confirmed the continuance of […]
THE DRILL SERGEANT: Parmelia Resources (ASX: PML) has recently completed a moving-loop electromagnetic (MLEM) survey completed at the Dunnsville nickel prospect within the company’s Jaurdi Hills project near Coolgardie in Western Australia. The company announced the survey confirmed the presence of a moderate to strong bedrock conductor down-dip of anomalous nickel and nickel-sulphide pathfinder soil […]
THE DRILL SERGEANT: Independence Group (ASX: IGO) was in a hurry to announce a drilling hit from an ongoing program at the Moran South target, part of the company’s long project at Kambalda Western Australia. IGO announced the drilling has intersected 5.4 metres at 12.38 per cent nickel of massive sulphide (true width 3.5m) in […]
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has completed a round of RC drilling at the Horse Well project Joint Venture in the North East Yilgarn of Western Australia. According to the company the drilling intersected high-grade gold mineralisation within the NW trending Dusk til Dawn Shear. Doray signed a farm-in Agreement with Alloy Resources […]
THE ROADHOUSE BOWSER: Origin Energy (ASX: ORG) has claimed to have confirmed its Speculant-1 exploration well has discovered potentially commercial quantities of gas in Waarre Formation reservoirs in the Otway Basin, offshore Victoria, within the Origin operated VIC/L1(v) permit. Origin described the Speculant discovery as a tilted fault block structure covering over seven square kilometres […]
THE ROADHOUSE PHARMACY: Universal Biosensors (ASX: UBI) announced that Siemens Healthcare Diagnostics has received CE Mark approval for the Xprecia Stride™ Coagulation Analyzer, a first point-of-care coagulation analyser developed in collaboration with Universal Biosensors. The Xprecia Stride Coagulation Analyzer is a prothrombin time (PT-INR) testing system used to monitor the application of the anti-coagulant therapy, […]
THE ROADHOUSE PHARMACY: Bone Medical (ASX: BNE) has received a from Proxima Concepts, the inventor and patent holder of BN006, with results of current studies which investigated BN006’s ability to achieve advantageous therapeutic effects across a broader dose range in comparison with market-leading treatments. According to Bone Medical the studies were carried out in an […]
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received the first assay results from a recent drill program at the Babel deposit, part of the company’s 100 per cent-owned West Musgrave project. The Babel deposit is located approximately one kilometre west of the Nebo deposit and according to Cassini both deposits are part of one […]
