THE DRILL SERGEANT: Adelaide Resources (ASX: ADN) claims to have confirmed its high-grade Yorke Peninsula copper discoveries to be part of one continuous system. The revelation has come from Adelaide Resources’ development of a new model for copper mineralisation at the Alford West prospect, part of the company’s Moonta copper gold project, and its satellite […]
THE BOURSE WHISPERER: Quarterly reporting season is always a heavy burden on The Roadhouse’s virtual postman. The latest round was no exception. Here’s a random selection of what some companies had to say. Red Sky Energy Limited (ASX: ROG) Australian energy development company Red Sky Energy’s quarter ending 31 March was highlighted by a Product […]
THE INSIDE STORY: Minerals sands developer Sheffield Resources (ASX: SFX) recently reached a major milestone for a junior mining play, as the company’s market cap hurdled over the $100 million mark. The rise in Sheffield’s share price flowed on the back of results from a Scoping Study conducted on the company’s 100 per cent-owned Thunderbird […]
THE DRILL SERGEANT: Fertoz Limited (ASX: FTZ) has received approval to produce a second bulk sample at the company’s Wapiti East phosphate project in British Columbia, Canada. The company explained the second bulk sample allows it to extract an additional 2,000 tonnes of product than it was permitted for in its first bulk sample of […]
THE DRILL SERGEANT: Orinoco Gold (ASX: OGX) has kicked off the next key phase of evaluation of the Faina Goldfields project with the commencement of a planned exploration decline at the company’s high-grade Cascavel project in central Brazil. The company has designed the exploration decline to enable it to identify additional high-grade shoots, provide […]
THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) has announced two crucial outcomes in regards to the company’s Promontorio project, located in Chihuahua State, Mexico. The company has completed the acquisition of 100 per cent of the Promontorio mineral concession and has also negotiated a 24 month extension of an agreement covering the adjoining Hidalgo concession. […]
THE DRILL SERGEANT: Cleveland Mining Company (ASX: CDG) has completed its first pass drilling campaign on the Bahmex iron ore exploration projects in Bahia State, Brazil, as stage 1 of an earn-in process being undertaken by the Cleveland/ BC Iron (ASX: BCI) Alliance. Source: Company announcement Cleveland said the drilling program has intersected […]
THE ROADHOUSE PHARMACY: pSivida Corp. (ASX: PVA), a company that specialises in the development of sustained release, drug delivery products for treating eye diseases, announced that its licensee Alimera Sciences has signed an exclusive agreement with Specialised Therapeutics Australia (STA). The agreement is for the distribution in Australia and New Zealand of ILUVIEN® for the […]
THE DRILL SERGEANT: Latin Resources (ASX: LRS) has received results from a series of exploration activities recently undertaken at the company’s 100 per cent-owned Ilo Este project in Peru. Location of Ilo Este project and 10 other target areas within Latin’s over 100,000 hectare concession holding in the Southern Peru copper district. Source: Company […]
THE DRILL SERGEANT: Cobre Montana (ASX: CXB) has received encouraging results from a 12 hole diamond core drilling project completed at the company’s Mantos Grandes project in central Chile. Mantos Grandes summary drill hole intersection plan. Source: Company announcement Eight of the holes were drilled to investigate copper and gold mineralisation the company […]
