THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has struck new processing licence agreements it considers to have potential to cement Western Australia as a long-term major supplier of lithium into expanding global markets. The agreements will combine Cobre’s mica-based lithium occurrences near Coolgardie, Ravensthorpe and Southern Cross in WA, with a proprietary technology developed and […]
THE ROADHOUSE PHARMACY: PharmAust Limited (ASX: PAA) has received formal approval from the Royal Adelaide Hospital Research Ethics Committee to continue with its trial with PPL-1 in late stage human cancer patients. The company said principal investigator, Professor Michael Brown with support from CMAX will re-initiate screening to identify patients for the trial. It has […]
THE ROADHOUSE BOWSER: US-focused oil and gas producer Target Energy (ASX: TEX) has provide the market with an update regarding operations for the company’s Fairway project in West Texas. In Glasscock County, Ballarat 185 #1 (Target: 50%) was put on pump on 5 November. Initial production in the following three days averaged 117 barrels of […]
THE CONFERENCE CALLER: Queensland-based investors are in for an early Christmas bonus with the Vertical Events Gold Coast Investor Showcase to be held at the QT Hotel Gold Coast, Surfers Paradise on 2 December. The Gold Coast Investor Showcase has been a regular calendar fixture since 2007 and is renowned as a forum for investors […]
THE ROADHOUSE BOWSER: FAR Ltd (ASX: FAR) has claimed a second oil discovery offshore Senegal in West Africa in the company’s SNE-1 well. FAR said the SNE-1 well has discovered a 95 metre gross oil bearing column with net oil pay zone thickness of 36 metres in Albian aged sandstones which display reservoir potential. High […]
THE DRILL SERGEANT: Berkeley Resources (ASX: BKY) has received a second set of results from the 2014 drilling program conducted at Zona 7, the largest of the Retortillo satellite deposits and part of the company’s Salamanca project in Spain. Zona 7 currently hosts an Inferred Mineral Resource Estimate of 3.9 million tonnes averaging 414 ppm […]
THE DRILL SERGEANT: Rift Valley Resources (ASX: RVY) has received results from RC drilling carried out at the company’s Kitongo gold project in Tanzania. According to the company the RC drilling program intersected strong zones of gold mineralisation at Kitongo. The drilling consisted a fourteen hole program, which Rift Valley explained was the first drilling […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received further high-grade drilling results from the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in Western Australia. The results are from extensional drill holes drilled during the company’s 2014 aircore drilling program and include: Up-dip Extension THAC484 36 metres at 10.3 per cent […]
THE BOURSE WHISPERER: Stonehenge Metals (ASX: SHE) has executed formal transaction documents and completed an option agreement with Protean Energy Ltd. The option agreement grants Stonehenge an exclusive 24 month global licence and an option to acquire 100 per cent of the equity of Protean Energy Australia Pty Ltd, which holds the intellectual property titles, […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of new Chairman and Director Elemental Minerals (ASX: ELM) announced the appointments of Tom Borman as the new chairman of the Board and Mike Golding as a non-executive director. Borman will replace Sam Middlemas who will remain […]
