THE BOURSE WHISPERER: Goldphyre Resources (ASX: GPH) has acquired a ground holding in the Albany Fraser Range Orogen. Known as the Beretta project, the new ground consists of one 350 square kilometre exploration license application 210km east of Kalgoorlie in Western Australia. Regional geology and Beretta project location. Source: Company announcement According to […]
THE DRILL SERGEANT: KGL Resources (ASX: KGL) has reported further high-grade intersections generated by an ongoing program of in-fill resource drilling at the company’s Jervois copper-silver-gold project in the Northern Territory. Latest results include: JOC206 14 metres at 4.17 per cent copper, 77.1 grams per tonne silver, 1.42 grams per tonne gold from 18m; JOC207 […]
THE DRILL SERGEANT: Buxton Resources (ASX: BUX) has reported an updated JORC (2012) Code-compliant Mineral Resource for the Main Zone at the company’s Yalbra graphite project (Yalbra), located east of Gascoyne Junction in Western Australia. The company said the update had almost doubled the resource estimate for Yalbra, taking it to: 4 million tonnes at […]
THE WEEKLY WRAP: The All Ordinaries finished on a reasonable note last week by closing in positive territory for the fourth day on the trot, running against the trend of overseas markets, which saw the US market suffer its sixth consecutive down day. Virgin Australia (ASX: VAH) did its best to pull focus from the […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: Syndicated Metals (ASX: SMD) Syndicated Metals has over 5.9 million tonnes of Resources containing 83,000 tonnes of copper, 27,000 ounces of gold and over 400,000 ounces of silver in its 2,469 square kilometre tenement package northwest of Cloncurry […]
THE FUND RAISER: Always good to see funds raised and then put to good use out in the field. US$45M Facility for Tembang gold project Sumatra Copper & Gold (ASX: SUM) announced its wholly-owned subsidiary, PT Dwinad Nusa Sejahtera, has signed a senior secured debt facility of up to US$45 million with Nomura Singapore Limited […]
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. Infill drilling at Unicorn Dart Mining (ASX: DTM) has commenced the first phase of infill reverse circulation (RC) and diamond drilling program at the company’s Unicorn molybdenum, copper, […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has intersected nickel sulphides with the first nickel drill hole of a Phase 2 drilling program, currently underway at the company’s 100 per cent-owned East Laverton property in Western Australia. The hole was drilled at the Windsor nickel sulphide prospect. Using a hand-held XRF machine, St George […]
THE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) has executed a Letter of Intent (LOI) with German company ThyssenKrupp Metallurgical Products GmbH, a subsidiary of ThyssenKrupp. Kibaran said the deal will result in the development of an exclusive, long-term commercial agreement for the sale of an initial and minimum 20,000 tonnes per annum of the company’s […]
THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has been encouraged by recent drilling activities at the company’s 100 per cent-held Acra gold project, located north east of Kalgoorlie in Western Australia. The company has received results from the Carmelia South Prospect where a program of 22 shallow aircore holes tested for gold mineralisation. Cross […]
