THE BOURSE WHISPERER: Emmerson Resources (ASX: ERM) has signed a binding Term Sheet with Evolution Mining (ASX: EVN) to fast-track discovery of gold and copper deposits within the company’s 100 per cent-owned tenements at Tennant Creek in the Northern Territory. Tennant Creek location. Source: Company announcement Evolution has agreed to work with Emmerson […]
THE DRILL SERGEANT: Latin Resources (ASX: LRS) is happy with the progress being made by earn-in operator Compañia Minera Zahena S.A.C. as it advances drilling at the company’s Ilo Norte project in Peru. Zahena has completed all twelve holes originally permitted by Latin and is now compiling and interpreting results before proceeding with permitting for […]
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. Sandfire puts spring in Springfield exploration activities Talisman Mining (ASX: TLM) announced that Sandfire Resources (ASX: SFR) has commenced the first phase of ground-based exploration activities at the […]
THE BOURSE WHISPERER: As they say in the classics; it’s better to have 50 per cent of a project than 100 per cent of no project. MinRes confirms buying stake in Aquila Mineral Resources (ASX: MIN) has confirmed its acquisition of 52,640,248 shares in Aquila Resources (ASX: AQA). MinRes announced a takeover bid for Aquila […]
THE BOURSE WHISPERER: Arafura Resources (ASX: ARU) has updated the financial projections for the company’s Nolans rare earths project in the Northern Territory. The company said the projected economics for the project remain attractive despite a decline in rare earth prices. The project economics include a net present value (NPV) of $2.045 billion and an […]
THE ROADHOUSE PHARMACY: Avita Medical (ASX: AVH) announced new positive results have been obtained in a ReCell® Spray‐on Skin® trial in patients suffering with depigmented skin lesions. Avita Medical’s lead product, ReCell, a single‐use autologous cell harvesting technology, has been used successfully in place of costly permanent laboratory facilities, which require special licensure, in the […]
THE DRILL SERGEANT: Fertoz Limited (ASX: ) has located historical phosphate mine shafts, associated stockpiles and a road base pit containing phosphate on the Marten tenements of the company’s Fernie project in British Columbia, Canada. Fertoz explained it was aware of the existence of these from historical reports when it acquired the property, but no […]
THE DRILL SERGEANT: Sherwin Iron (ASX: SHD) has been encouraged by early results from the completion of initial reconnaissance diamond drilling at the Mt Scott prospect within the company’s Roper River iron ore project in the Northern Territory. Mt Scott is located approximately 20 kilometres southeast of Sherwin’s Exploration Bulk Sample Pit and proposed Direct […]
THE DRILL SERGEANT: Trafford Resources (ASX: TRF) has claimed the discovery of a potential new tin province at the company’s 100 per cent-owned Wilcherry Hill and Peterlumbo tenements in South Australia. Trafford said it was excited by the discovery of these new tin, particularly as the majority of the tin mineralisation is situated near surface. […]
THE DRILL SERGEANT: Laconia Resources (ASX: LCR) has received results from underground channel samples collected at the Española 1 prospect, within the company’s Kimsa Orcco project in Peru, which it claims have confirmed an historic high-grade copper-gold-silver intersection. Laconia explained the Española 1 vein system was originally considered as a gold and silver prospect, but […]
