THE DRILL SERGEANT: Ram Resources (ASX: RMR) has moved into the country’s hottest exploration address having acquired an option over three new tenements in the Fraser Range nickel-copper belt of Western Australia. The new tenements cover 410 square kilometres and located close to Sirius Resources’ (ASX: SIR) Crux anomaly, which has generated promising early exploration […]
THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has encountered a thick and high-grade trenching intersection it claims has extended its South West Breccia (SWB) shoot, at the Lobo prospect within the company’s Batangas gold project in the Philippines. According to Red Mountain the new trenching intersection extends a zone intersected by Trench 27 that […]
THE DRILL SERGEANT: Enterprise Metals (ASX: ENT) is making encouraging progress on a maiden drilling program being carried out at the Plato target, is located at the company’s Fraser Range project in Western Australia. The company has, so far, focused the program on Plato, with six RC pre-collar holes already drilled, two of which having […]
IN THE LOBBY: While the bulk of the country’s lobby groups bewailed measures lined up in Joe Hockey’s budget the Association of Mining and Exploration Companies (AMEC) said one decision would go a long way to restoring Australia’s reputation for investment in mining and exploration. Keeping to his group’s ideals AMEC Chief Executive Officer Simon […]
THE CONFERENCE CALLER: The RIU Sydney Resources Roundup conference was opened in style by Colonial First Sate Asset Management senior portfolio manager Dr Joanne Warner. She opened her presentation with a slide of media headlines, which all spruiked the end of the resources sector as we know it. “If you look at the headlines – […]
THE CONFERENCE CALLER: Opening the second day of the Sydney RIU Resources Roundup Breakaway Research senior research analyst Mark Gordon explained that we are currently experiencing a market characterised by flat commodity prices, which he expects may continue for some time. This, he intimated, is only going to make things tougher, especially for the junior […]
THE CONFERENCE CALLER: When considering what happened to investment interest in the junior mining sector many focus their gaze outwards. At the RIU Sydney Resources Roundup Blue Ocean Equities executive director Rex Adams turned his inwards. “What went wrong?” he asked. “Why has the sell-off been so savage? “One thing that went wrong, is the […]
THE INSIDE STORY: Actions, they say, speak louder than words and the recent actions of Peru-focused junior exploration play Laconia Resources Limited (ASX: LCR) has a few of the bigger industry players taking notice. The attraction has come about due to the dual-focussed approach Laconia has taken with its Kimsa Orcco project in Peru. While […]
THE DRILL SERGEANT: Syndicated Metals (ASX: SMD) has commenced work underway on a Mineral Resource upgrade for the company’s Barbara copper-gold joint venture project in northern Queensland. The calculations started after Syndicated received the final batch of assays from recent in-fill and metallurgical drilling. Results from the final eight diamond holes of the program included […]
THE BOURSE WHISPERER: Metals X (ASX: MLX) has struck a binding agreement to acquire the assets of the that made up the Meekatharra gold operations of Reed Resources from the administrator of its subsidiary GMK Exploration. The purchase price has a face value of approximately $7.7 million and is made up of $7.1 million in […]
