THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has updated the Mineral Resource at the Champion deposit at the company’s wholly-owned Pilbara Iron Ore Project (PIOP) in the Pilbara region of Western Australia. Flinders completed an infill drilling program at the PIOP this year, which included a substantial amount of new drilling at the Champion deposit. […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has earned a 51 per cent interest in the rights to nickel-copper-PGE mineralisation from Golden Cross Resources (ASX: GCR) at the Broken Hill Joint Venture project in New South Wales. Impact said it has decided to work towards earning 80 per cent of the metal rights by spending […]
THE DRILL SERGEANT: The Coolgardie Rare Metals Venture (CRMV) between Cobre Montana (ASX: CXB) and Focus Minerals (ASX: FML) is investigating the occurrence of lithium and rare metals within certain mining tenements controlled by Focus in the Coolgardie region of Western Australia. The CRMV has conducted a field examination of known pegmatite occurrences within the […]
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has encountered high-tenor mineralisation while conducting the maiden drilling program on the Nebo and Babel deposits at the company’s 100 per cent-owned West Musgrave project in Western Australia. Assay results from the first four RC drill holes at Nebo have been received, which include intersections of high‐grade nickel […]
THE BOURSE WHISPERER: Peel Mining (ASX: PEX) announced that its wholly-owned subsidiary company Peel (CSP) Pty Ltd has entered into a Memorandum of Agreement (MoA) with Japan Oil, Gas and Metals National Corporation (JOGMEC). Under the terms of the agreement JOGMEC may earn up to 50 per cent of certain exploration tenements owned by the […]
THE ROADHOUSE BOWSER: Armour Energy (ASX: AJQ) advised the market that the company’s Egilabria 2 well has started to continuously flow gas through a test separator during the flowback recovery process. The company said continuous flow is being observed with intermittent flaring. However, Armour also pointed out that it has not yet measured the flow […]
THE ROADHOUSE PHARMACY: Viralytics Limited (ASX: VLA) announced positive results from the company’s US Phase 2 CALM trial of CAVATAK™ in late-stage melanoma at the European Society of Medical Oncology (ESMO) 2014 Congress in Madrid. Viralytics described CAVATAK as a novel cancer immunotherapy based on a proprietary cold virus that has been shown to preferentially […]
THE ROADHOUSE PHARMACY: pSivida Corp. (ASX: PVA) announced the United States Food and Drug Administration (FDA) has approved the company’s ILUVIEN® for the treatment of diabetic macular edema (DME). pSivida specialises in the development of sustained release, drug delivery products for treating eye diseases. The treatment has been indicated for patients who have been previously […]
THE BOURSE WHISPERER: Toro Energy (ASX: TOE) has signed a Farm-in and Joint Venture agreement with AREVA Resources Australia on Toro’s Wiso exploration package, located in the Northern Territory. AREVA Resources Australia is the Australian division of the group, which Toro described to be a world leader in nuclear energy, especially in uranium production. The […]
THE CONFERENCE CALLER: An advantage to attending mining conferences, where junior exploration and mining companies are in also in attendance, is that you get to find out which ones are out on the ground doing what they do best…exploring. A recent Explorer Quarterly Cash Update report from BDO identified 1 in 10 ASX-listed exploration companies […]
