THE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has completed the first gold pour from the Kintore West open cut, part of the company’s Castle Hill Stage 2 project area on the Kunanalling shear zone in the heart of the Western Australian Goldfields. Phoenix team with first gold bar from the Kintore West mine. Source: […]
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 Commences at Giro gold project Burey Gold (ASX: BYR) has commenced drilling at the Giro prospect in the Democratic Republic of Congo (DRC), with early results expected […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has received positive scout drilling and assay results from the Ajax prospect, located within the company’s 100 per cent-held Peterlumbo tenement and 35 kilometres east of the Paris silver project. Investigator said the Ajax prospect is considered to be the western extension of the Menninnie Dam, Weednanna and […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Nimbus project Manager Appointment MacPhersons Resources (ASX: MRP) has appointed Andrew Lawry, a highly-experienced group project manager to lead the design and costings process for the company’s Nimbus silver-zinc-gold project in Western Australia. Lawry will oversee the design […]
THE ROADHOUSE PHARMACY: Australian drug development company Biotron Limited (ASX: BIT) has announced a fully underwritten renounceable rights issue to raise $4.1 million. Net proceeds, in conjunction with existing cash reserves, will be used: To complete the current Phase 2 trial that is in progress (BIT225-008 – HCV genotypes 1 and 3 trial for 3 […]
THE DRILL SERGEANT: Northern Minerals (ASX: NTU) has increased the JORC-compliant, heavy rare earth (HRE) Mineral Resource estimate for the company’s Browns Range project in northern Western Australia. The Total Mineral Resource at the Browns Range project is now estimated at 8.47 million tonnes at 0.62 per cent total rare earth oxides (TREO) comprising 52,372,000kg […]
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has claimed discovery of new lode of high‐grade mineralisation at the Nebo deposit within the company’s 100 per cent-owned West Musgrave project in Western Australia. Cassini declared the latest assay results from Nebo have demonstrated immediate success from the first hole drilled beyond the current Resource area, CZC0024, […]
THE DRILL SERGEANT: Dacian Gold (ASX: DCN) has received results from a widely-spaced reconnaissance diamond drill program at the company’s Mt Morgans gold project, located in the Laverton District of Western Australia’s North Eastern Goldfields. The drilling was designed to test for Banded Iron Formation (BIF) hosted gold mineralisation along strike of, and below, the […]
THE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced recently conducted RC drilling has confirmed the presence of highly-elevated, end of hole zinc mineralisation at the Millennium prospect, located within the company’s the Yeneena project of Western Australia. The millennium prospect sits 2.5 kilometres south-east, and along strike, of the BM2 prospect where Encounter discovered massive […]
THE ROADHOUSE PHARMACY: Bionomics Limited (ASX: BNO) has had a research paper describing the utility of combining the company’s BNC105 with FDA approved anti-cancer targeted therapies accepted in the peer reviewed scientific journal Cancer Biology & Therapy. Bionomics claimed its data shows BNC105 treatment selectively induces a low oxygen state in tumours (hypoxia). During this […]
