THE DRILL SERGEANT: Lamboo Resources (ASX: LMB) recently completed RC drilling on Targets 5 and 6 at the company’s McIntosh graphite project in Western Australia, which intersected new wide zones of flake graphite mineralisation. Lamboo has received assay results for Target 6 (T6) intersections returning an average of 10 per cent Total Carbon (TC) and […]
THE DRILL SERGEANT: Cleveland Mining Company (ASX: CDG) has drilled the first six holes into the CDG / BC Iron (ASX: BCI) Alliance Minas Novas iron ore project in Minas Gerais State, Brazil. The company said all six holes intersected down-hole lengths of between 42 metres and 135m of itabirite style iron mineralisation within 5m […]
THE DRILL SERGEANT: Hammer Metals (ASX: HMX) has received results from drilling recently conducted at the Overlander-Andy’s Hill project area, within the company’s Mt Isa project hub in Queensland. The results have come from drill hole OVRC024, which was located between Overlander North and Overlander South. Hammer claims to have intersected a significant zone of […]
THE BOURSE WHISPERER: Gryphon Minerals (ASX: GRY) has been granted a Mining Licence (Exploitation Permit) for the company’s 100 per cent-owned Banfora gold project in Burkina Faso. Burkina Faso Minister of Mines and Energy, Mr. Lamoussa Salif Kabore said the Ministry was pleased to award Gryphon Minerals with a mining exploitation permit to extract gold […]
IN THE LOBBY: The Association of Mining and Exploration Companies (AMEC) has given the Minister for Industry Hon Ian Macfarlane a big slap on the back after he announced the Federal Government’s commitment to working with the States and Territories to implement the recommendations from the Productivity Commission Inquiry Report into Mineral and Energy Resource […]
INSIDE STORY: Lately the global market price of uranium has been moving along at the rate of drying paint or growing grass, perhaps slower. This hasn’t, however, curtailed the rate the commodity has been shipped around the world, with most yellowcake roads leading to China. The country’s growing appetite for uranium was exemplified last year […]
THE FUND RAISER: Some interesting raisings this week as the juniors boosted their bank balances. Placement to Transamine Trading S.A. Discovery Metals (ASX: DML) has completed a placement with Transamine Trading S.A., raising $2.8 million. The company issued approximately 84 million fully paid ordinary shares at the price of 3.451 cents per share. Prior to […]
THE ROADHOUSE PHARMACY: There’s a great deal of interest in the Bio-tech sector at the moment, so we have opened our own Pharmacy to keep our readers up to speed. Benitec commences patient dosing Benitec commences patient dosing Benitec Biopharma Limited (ASX: BLT) has dosed the first patient in the company’s ‘first in man’, Phase […]
THE ROADHOUSE PHARMACY: Benitec Biopharma Limited (ASX: BLT) has dosed the first patient in the company’s ‘first in man’, Phase I/II a clinical trial for TT-034, a ddRNAi‐based therapeutic, designed to treat and potentially cure hepatitis C (HCV) with a single injection. “The commencement of this clinical trial of TT-034 represents a landmark in the […]
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. Drilling to commence at Seimana gold project Drake Resources (ASX: DRK) has commissioned an initial 1500m (minimum) RC drilling program on its Seimana gold prospects in Guinea. The […]
