THE DRILL SERGEANT: Cassini Resources (ASX: CZI) claimed recently conducted drilling has confirmed the Sugar Lode discovery at the Nebo deposit, within the company’s West Musgrave project. Drill hole CZC0053 is the second hole Cassini has drilled into the ‘roll-over’ of the Nebo intrusion, known as the Sugar Lode. Plan of Nebo resource (lower […]
THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has entered into a strategic partnership, the Seabrook Rare Metals Venture, with ASX-listed Tungsten Mining (ASX: TGN). The companies will explore for lithium and other metals on the shores of Lake Seabrook, located approximately 60 kilometres north-east of Southern Cross in Western Australia. According to Cobre the partnership […]
THE DRILL SERGEANT: PLD Corporation Limited (ASX: PLD) has received assay results from an initial near surface RC drilling program at the Octagonal nickel prospect, located within the company’s Rocky Gully project in the Albany Fraser Belt of Western Australia. The Octagonal nickel prospect was formerly known as M19 and M20 targets, where PLD has […]
THE DRILL SERGEANT: Kin Mining (ASX: KIN) is set to commence resource evaluation, drilling and feasibility activities at the company’s newly-acquired Leonora gold project (LGP) in Western Australia. The Leonora project is located 35 kilometres north-east of the mining centre of Leonora in the north-eastern Goldfields region of WA. It comprises the Mertondale, Cardinia, Raeside […]
THE ROADHOUSE BOWSER: Austin Exploration (ASX: AKK) has announced the company is now cash flow positive on a monthly basis. This company said the achievement marks the success of Austin’s development strategy of simultaneously advancing multiple projects. Oil production and monthly cash flow has increased as the Red Bud well in Texas was put into […]
THE ROADHOUSE PHARMACY: Admedus Limited (ASX: AHZ) has received approval from the Singapore Health Sciences Authority to enable four surgeons to use the company’s CardioCel® product under an early access program. Admedus explained CardioCel is a regenerative tissue bio-implant used in repairing heart defects, including the repair of heart valves CardioCel has already received FDA […]
THE ROADHOUSE BOWSER: Bear Head LNG Corporation, a wholly-owned subsidiary of Liquefied Natural Gas Limited (ASX: LNG), has filed for modifications to existing construction and environmental permits granted by the Nova Scotia Utility and Review Board and Nova Scotia Environment. “This is a major step in adapting Bear Head LNG’s 12 existing construction and environmental […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has received all exploration data and interpretations from MMG Exploration Holdings in regards to the Nachingwea property in south-east Tanzania. The handover follows MMG’s decision in August to cease sole funding the Nachingwea Joint Venture after meeting its Stage 1 expenditure commitment of US$10 million, allowing it to […]
Sumatra Copper & Gold completes Tembang hedging THE BOURSE WHISPERER: Sumatra Copper & Gold (ASX: SUM) has finalised a hedging program for the Tembang gold project in Indonesia. In October 2014 Sumatra Copper & Gold announced its wholly-owned subsidiary, PT Dwinad Nusa Sejahtera, had signed a senior secured debt facility of up to US$45 million […]
THE BOURSE WHISPERER: Toro Energy (ASX: TOE) has struck binding financing and asset acquisition agreements with Canada-based global resources investor, The Sentient Group. Toro said the transactions deliver a committed $10 million cash injection and increase its asset base with an entry to the Canadian uranium sector through the acquisition of an interest in Strateco […]
