THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has reported further high-grade results from the second batch of assays received from recent diamond drilling at the company’s 100 per cent-owned Candonga iron ore project in south-east Brazil. Centaurus said the results are to be incorporated into the impending JORC 2012-compliant Mineral Resource update for the project. […]
THE DRILL SERGEANT: MGT Resources (ASX: MGS) has received the remaining assay results from Phase One of the company’s 2014 Summer Hills drilling program. The company claims the latest results confirm the Summer Hill prospect to be highly-prospective with broad mineralised zones, including 15 metres at 0.79 per cent tin, as well as narrower high-grade […]
THE ROADHOUSE PHARMACY: Uscom (ASX: UCM) announced the listing of the company’s Uscom BP+ device on the Australian Register of Therapeutic Goods. The Australian Therapeutic Goods Administration (TGA) lists devices which meet Australian Government standards of quality, safety, efficacy and timely availability on the Australian Register of Therapeutic Goods. Listing on the TGA register is […]
THE ROADHOUSE BOWSER: Swala Energy (ASX: SWE) has kicked off its 2014 2D seismic data acquisition program over the Moshi Basin, located within the Pangani exploration licence in northern Tanzania. Swala’s licences and the target basins for the 2014 seismic campaign. Source: Company announcement Swala Oil and Gas (Tanzania) Plc, which is partly […]
THE ROADHOUSE PHARMACY: Orthocell Limited (ASX: OCC) released results from a long-term clinical study into the company’s Ortho-ATI treatment for tennis elbow. Orthocell said the results had provided evidence of the durability and long term success of this treatment. The company claimed the clinical study showed grip strength scores of patients suffering from a severe […]
THE BOURSE WHISPERER: Image Resources (ASX: IMA) has received environmental approval from the Western Australian Minister for Environment for the company’s Boonanarring mineral sands project, located north-west of Gingin. “The Minister’s approval is a significant milestone in the project approvals process and progresses the project towards production, as this is a critical step to bringing […]
THE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) has emerged victorious from a South Australian Department of State Development ballot for the Southern Gawler Craton tenement EL 2014/00092 in South Australia. The tenement is now known as the Corunna project. Musgrave beat off five other applicants to win the tenement, which covers approximately 260 square kilometres […]
THE DRILL SERGEANT: Uranex Limited (ASX: UNX) has reported encouraging progress and observations from its 2014 exploration program at the company’s Nachu graphite project in Tanzania. The company said the 2014 exploration drilling program has defined target areas for initial resource studies. Uranex boasted the size and potential of the Nachu project provides it with […]
GUEST COMMENTARY: A common perception in the market is that commissioned research is invariably biased towards the subject company, largely due to the fact that the companies are paying a direct fee for the research, and the corollary is that the researchers must follow the company line. This raises the question, ‘is commissioned research biased?’, […]
GAVIN WENDT: The great hype surrounding the advent of a shale gas bonanza within California might turn out to be just that – hype. The U.S. Energy Information Administration (EIA), which is the statistical arm of the Department of Energy, in late May downgraded its estimate of the total amount of recoverable oil within the […]
