THE BOURSE WHISPERER: Investors with an eye for the gold sector have been wondering for some time what the next move may be of gold miner Doray Minerals (ASX: DRM) after successfully bringing its Andy Well gold mine on stream. Those questions have been answered with the announcement that Doray has entered into a farm-in […]
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. Clinuvel Pharmaceuticals scores US orphan-drug designation Clinuvel Pharmaceuticals (ASX: CUV) has announced that afamelanotide, the active ingredient in the company’s proprietary drug SCENESSE®, has received […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.hartleys.com.au Buxton Resources Limited (ASX: BUX) Magmatic nickel-copper sulphide intersected at Zanthus Buxton Resources recently completed RC drilling at the Zanthus project in the Fraser Range, confirming the presence of highly prospective mafic/ultramafic rocks and more importantly identified magmatic nickel-copper […]
THE FUND RAISER: Some bigger numbers this week as the juniors boosted their bank balances. Capital Raising Sovereign Metals (ASX: SVM) will place up to 15.25 million ordinary shares at 22 cents each to sophisticated investors, to raise $3.35 million before costs. Aterra Capital, a key investor and substantial holder in the company with 10.5 […]
THE ROADHOUSE PHARMACY: Clinuvel Pharmaceuticals (ASX: CUV) has announced that afamelanotide, the active ingredient in the company’s proprietary drug SCENESSE®, has received orphan-drug designation from the US Food and Drug Administration (FDA) for the rare Hailey-Hailey Disease (HHD, also known as familial benign chronic pemphigus). Clinuvel exlpained that orphan-drug designation is granted by the FDA’s […]
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 commences on high-priority targets White Cliff Minerals (ASX: WCN) has commenced a 1000 to 2000 metre RC drilling program testing four nickel sulphide targets at the company’s […]
THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) has taken receipt of the assay results from its first phase of drilling to be completed at the company’s Morille tungsten-tin project in Spain. The company said it had completed a total of 3,982 metres, which was extended from an initially planned 3,500 metres in 61 Reverse Circulation […]
THE BOURSE WHISPERER: A quick look at some up and coming Resource companies waiting to list on the boards of the ASX. American Patriot Oil & Gas Limited Proposed ASX code: AOW Proposed listing date: 12 may 2014 American Patriot is an oil and natural gas exploration and development (E&P) group, focused on oil and […]
THE BOURSE WHISPERER: Bassari Resources (ASX: BSR) has provided an update on the progress of a feasibility study currently underway at the company’s Makabingui gold project in Senegal, West Africa. The company said the study is on track for completion by the end of Q2, 2014, at which time it is anticipated to deliver the […]
THE BOURSE WHISPERER: Argonaut Resources (ASX: ARE) has upped its ante in Zambia via its wholly-owned subsidiary, Lumwana West Resources, which has increased its shareholding in Mwombezhi Resources from 51 per cent to 90 per cent. Mwombezhi Resources holds a 100 per cent interest in the Lumwana West copper project in Zambia. Argonaut increased its […]
