THE BOURSE WHISPERER: Silver Lake Resources (ASX: SLR) has entered into a binding agreement with a private consortium for a dry hire lease over the company’s Murchison gold mill and associated infrastructure. The term of the Lease is 10 months and will commence in or around January 2015. Consideration under the lease is $7.9 million […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: Pilbara Minerals (ASX: PLS) Tabba Tabba is a small high-grade deposit with out-cropping mineralisation. The processing plant is being constructed and PLS is fully funded to ship first product before the end of 2014. PLS has an agreement […]
THE FUND RAISER: Always good to see funds raised and then put to good use out in the field. Foster Stockbroking appointed lead manager to raise $5 million Following its announcement to acquire the Mahenge North graphite project and the Mahenge graphite project, Green Rock Energy (ASX: GRK) has appointed Sydney-based investment bank, Foster Stockbroking, […]
THE BOURSE WHISPERER: Rumble Resources (ASX: RTR) informed the market it has submitted two strategic exploration licence applications adjoining the company’s Big Red project and contiguous to new applications made by the world’s second biggest producer of nickel, Vale in the Fraser Range in Western Australia. Rumble reported Vale has recently applied for two license […]
THE BOURSE WHISPERER: Poseidon Nickel (ASX: POS) has struck a conditional offtake agreement with BHP Billiton Nickel West. The agreement is in the form of an ore tolling and concentrate purchase agreement (OTCPA) for the supply of ore to be mined by Poseidon at Windarra and hauled to Nickel West’s concentrator at Leinster for toll […]
THE INSIDE STORY: Sheffield Resources has made considerable progress into the Pre-Feasibility Study being carried out at the company’s 100 per cent-owned Thunderbird deposit, located near Derby in northwest Western Australia. Earlier this year Sheffield Resources (ASX: SFX) reported the results of a Scoping Study, which determined Thunderbird to be a world-class, long life mineral […]
THE INSIDE STORY: Having raised $10 million on the back of a most audacious project acquisition, junior exploration play Cassini Resources (ASX: CZI) wasted no time in kicking off a comprehensive drilling campaign. The company commenced its maiden drilling campaign at the 100 per cent-owned West Musgrave project in Western Australia just six months after […]
THE INSIDE STORY: Two attributes that regularly pay off for junior exploration companies are: the patience to let tenements reveal their spoils; and the tenacity to not let the opportunity to develop them slip away. Parmelia Resources (ASX: PML) originally acquired the Jaurdi Hills project, located 50 kilometres north-west of Coolgardie in Western Australia, as […]
THE ROADHOUSE BOWSER: Sun Resources (ASX: SUR) has completed drilling and casing operations at the Jack Howe #1H well location within the company’s Normangee oil project. The company said the results of the analysis of the conventional core recovered from the Lower Woodbine in the Jack Howe #1H vertical pilot well are now available and […]
THE DRILL SERGEANT: Metallum Ltd (ASX: MNE) informed the market the exploration tunnel it is installing at the San Sebastian mine has encountered wide, high-grade copper and gold mineralisation. San Sebastian is part of the El Roble copper project in Chile, where the company has mapped more than 60 kilometres of mineralised veins. Work has […]
