THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of Chief Operating Officer Red River Resources (ASX: RVR) has appointed Mel Palancian as the company’s new chief operating officer and executive director. Palancian has over 20 years experience in the mining industry with his most recent […]
THE INSIDE STORY: When you want to stand out in a crowd of your peers it is always wise to make an announcement that will pull the maximum amount of focus in your direction. That’s exactly what Perth-based gold exploration play Gold Road Resources (ASX: GOR) did at the 2014 Diggers & Dealers Forum in […]
THE ROADHOUSE BOWSER: Swala Energy (ASX: SWE) announced its 93 per cent-owned subsidiary company, Swala Energy (Zambia) Limited, has been formally awarded hydrocarbon exploration rights over Block 44 in the Republic of Zambia. The company announced in May it had been offered exploration rights over Block 44 and was awaiting the formal award of the […]
THE DRILL SERGEANT: Rumble Resources (ASX: RTR) has completed 3D inversions of a recently-flown airborne magnetics survey at the company’s Big Red project, located in the Northern portion of the Fraser Range Belt in Western Australia. The company said the 3D inversion results have highlighted a large area that is both conductive and magnetic. The […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) announced recently-received drilling results from the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in northwest Western Australia. Results of initial assay batches from 37 extension, infill and groundwater monitoring drill holes from the 2014 aircore drilling program have been received, which the company claims […]
THE BOURSE WHISPERER: Cobre Montana (ASX: CBX) announced the commencement of the Coolgardie Rare Metals Venture (CRMV) – a joint initiative with Focus Minerals (ASX: FML). The CRMV plans to evaluate lithium and rare metals (cesium, rubidium, gallium, tantalum, and niobium) within 20 prospecting licenses and two mining leases located to the south of Coolgardie, […]
THE ROADHOUSE PHARMACY: Orthocell Limited (ASX: OCC) has been granted an Australian patent covering use of biological materials to repair damaged tendons described as ‘Tenocyte Containing Bioscaffolds and Treatment Using the Same (PCT/AU2008/000583)’. Orthocell explained the patents protect its intellectual property for the preparation of bioscaffolds and tendon stem cells to treat rotator cuff tears […]
THE DRILL SERGEANT: Bassari Resources (ASX: BSR) has announced a maiden gold Ore Reserve from the company’s Makabingui gold project in Senegal, West Africa. The company explained the conversion of Indicated Resources to Ore Reserves is for the initial stage of the project, which is focused on high-grade zones within the one million ounce gold […]
THE DRILL SERGEANT: Cardinal Resources (ASX: CDV) has claimed the discovery of a third sub‐parallel zone of high-grade gold mineralisation at the Namdini Mining Licence. Cardinal said the third sub‐parallel zone had been confirmed during a Phase II RC drilling program at the Namdini gold bearing mining licence located within the company’s Bolgatanga project in […]
THE DRILL SERGEANT: Laconia Resources (ASX: LCR) has received more good news from its ongoing review of historical data at the company’s Kimsa Orcco project in Peru. The review has produced further high-grade copper-gold-silver-tellurium results from exploration work completed by Buenaventura Ingenieros SAC during 1999, 2001 and 2002. This work consisted of surface channel sampling, […]
