THE ROADHOUSE PHARMACY: Phylogica Ltd (ASX: PYC), in conjunction with its partner, The University of Queensland’s Institute for Molecular Bioscience (IMB), has been awarded a $546,420 Linkage Grant from the Australian Research Council (ARC) to identify Phylomer peptides inhibiting tumour metastasis. The grant will be administered by University of Queensland with Phylogica as a commercial […]
THE DRILL SERGEANT: Toro Energy (ASX: TOE) has had an independent analysis carried out on uranium samples from the company’s Wiluna uranium project in Western Australia by the Australian Nuclear Science and Technology Organisation (ANSTO). According to Toro the analysis has highlighted levels of positive disequilibrium in three of the Wiluna deposits. The company explained […]
THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has received further assays from the maiden drill program underway at the company’s Commonwealth project, located north of Orange in New South Wales. Impact claims the results have confirmed high-grade extensions to the deposits at the Main Shaft and the Commonwealth South prospects. The company explained the drilling […]
THE DRILL SERGEANT: Triton Minerals (ASX: TON) has received assays from an ongoing RC and diamond drilling program being undertaken at the company’s Nicanda Hill prospect in Mozambique. Triton said the drilling has continued to identify high-grade graphite mineralisation at the prospect. “The continued interception of strong graphitic and vanadium mineralisation on the initial wide-spaced […]
THE ROADHOUSE BOWSER: Empire Oil & Gas (ASX: EGO) has reached a deal with its major shareholder and Joint Venture partner ERM Power (ASX: EPW), which the company said is aimed at unlocking the full value of its exploration acreage in Western Australia’s Perth Basin. Under the agreement, Empire will gain control of the largest […]
THE DRILL SERGEANT: Maximus Resources (ASX: MXR) has received further assay results a recently completed drilling campaign on the company’s Narndee poly-metallic project located northeast of Perth in the Murchison region of Western Australia. Maximus said 12 Reverse Circulation (RC) drill holes were completed across two mineralised targets, to follow-up previous drilling on the E59/908 […]
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has reported an increase in the DSO Mineral Resource for the company’s 100 per cent-owned Candonga iron ore project in south-east Brazil. The updated JORC 2012 Mineral Resource estimate for the DSO (Direct Shipping Ore) component of the Candonga project now stands at 1.2 million tonnes (Mt) grading […]
GUEST CONTRIBUTOR: Breakaway Research analyst Mark Gordon continues his explanation of how his company analyses the market by telling us how they go about selecting, and then writing up a company. This week we follow up from last week where we discussed bias (or lack of it) in commissioned research, and presented the case that […]
THE FUND RAISER: Some renewed vigour provided a bit of spark to the Fund Raising front this week. Placement to raise $6 million Anatolia Energy (ASX: AEK) has received commitments to raise $6 million through the issue of up to 75 million shares at 8 cents each, with 1 for 2 attaching options exercisable at […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Forte Consolidated (ASX: FRC) Forte Consolidated is implementing a diligent and scientific approach to exploration with great success, as evidenced by the highly prospective Sledgehammer and Szarbs prospects. Both prospects exhibit co-incident geochemical and geophysical anomalies, consistent with […]
