THE ROADHOUSE BOWSER: Sun Resources (ASX: SUR) announced that EOG Resources Inc. reported a 24-hour flow rate for the Zeus #1H horizontal Lower Woodbine well. The well is adjacent to the east of the Jack Howe #1H well location within Sun’s Normangee oil project. Sun (50 per cent WI and Operator) has contracted the Nabors […]
THE DRILL SERGEANT: Hammer Metals (ASX: HMX) reported the thickest and highest grade molybdenum-rhenium intersection yet from the company’s 100 per cent-owned Kalman copper-gold-molybdenum-rhenium deposit. The hole (K132) was part of a recently-completed Reverse Circulation (RC) drilling program consisting of 10 holes at the Kalman, Overlander North, Dronfield, Even Steven and Trafalgar prospects near Mount […]
WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Kibaran Resources (ASX: KNL) Kibaran is an ASX-listed graphite explorer and developer, concentrating efforts in Tanzania. Its key project is the Epanko graphite deposit, within the broader Mahenge project area. Having recently completed a Scoping Study, activities are […]
THE FUND RAISER: Some renewed vigour provided a bit of spark to the Fund Raising front this week. Completion of Share Placement Echo Resources (ASX: EAR) has completed a placement of approx. 6.36 million fully paid ordinary shares at 11 cents per share to raise $700,040 before costs. The shares have been placed to sophisticated […]
THE CONFERENCE CALLER: Anybody interested in meeting with mining companies and resource-focused investors in October should be booking flights to Hong Kong right now. Hong Kong, China’s international gateway city is to be the host city for the first natural resources event of the 121 Group. The – 121 Mining Investment – conference, to be […]
THE DRILL SERGEANT: Parmelia Resources (ASX: PML) outlined the progress it has made at the company’s 100 per cent-owned Juardi Hills nickel-sulphide project, located 50 kilometres north-west of Coolgardie in Western Australia. The company has received results of independent analysis of legacy GEOTEM airborne electromagnetic data, historic rock chip data and surface samples, which it […]
THE DRILL SERGEANT: Dart Mining (ASX: DTM) claims to have turned around the fortunes of the company’s Unicorn deposit, located near Corryong in Victoria. Dart has approached Unicorn from a different perspective, utilising metallurgical test work, which it says has demonstrated the ability to produce saleable concentrates of both copper and molybdenum across the Unicorn […]
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. Second drill rig to accelerate drilling program Hot Chili (ASX: HCH) has an extensive drilling program underway to grow Mineral Resources and Ore Reserves at the company’s Productora […]
THE INSIDE STORY: A good deal of recent commodity market commentary has held a particular fondness for the future prospects, both short and long-term, in relation to the prices of nickel and zinc. There are, at present, a healthy number of nickel/zinc exploration plays hitting the radar screens of these well-informed analysts and among these […]
THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has released an update to the Mineral Resource for the Eagle deposit within the company’s wholly-owned Pilbara iron ore project (PIOP) in the Pilbara region of Western Australia. Location of the Eagle deposit within the broader Pilbara iron ore project (PIOP). Source: Company announcement The updated […]
