THE DRILL SERGEANT: Canyon Resources (ASX: CAY) has completed further rock chip sampling from the Djombe prospect on the company’s Birsok project in Cameroon, which has returned results of high-grade aluminium oxide. The company said the rock chips assay results supplement a large, pre-existing database of high-grade results and add further confidence to the potential […]
THE DRILL SERGEANT: Potash West (ASX: PWN) has updated the economic model for the production of single superphosphate (SSP) at the company’s wholly-owned Dandaragan Trough project north of Perth Western Australia. The latest results update a Scoping Study the company completed on the project last year and follow on from a re-estimation of the Dinner […]
THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received results of a Scoping Study recently completed at the company’s 100 per cent-owned Thunderbird deposit, located near Derby in northwest Western Australia. Sheffield said the Study has determined Thunderbird to be a world-class, long life mineral sands project, which is anticipated to provide exceptional financial returns […]
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. SomnoMed hits 28 per cent volume growth in Q3 SomnoMed Limited (ASX: SOM) announced it has increased sales volume by 28.3 per cent in Q3, […]
THE FUND RAISER: The trend of small raisings continued as the juniors boosted their bank balances this week. Keysbrook mineral sands project fully funded MZI Resources (ASX: MZI) has secured approximately US$64 million in Project Debt Facilities for its development ready Keysbrook mineral sands project in Western Australia, paving the way for construction to commence […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. www.beerandco.com.au Metals of Africa (ASX: MTA) Metals of Africa’s main project, Rio Mazoe in Mozambique, reported an average of 47.6 per cent lead, over 55 select samples from rock chips and trenching, with a maximum of 9.5 per cent copper at […]
THE ROADHOUSE PHARMACY: SomnoMed Limited (ASX: SOM) announced it has increased sales volume by 28.3 per cent in Q3, compared to the same quarter in the previous year. SomnoMed provides diagnostic and treatment solutions for Sleep-related Breathing Disorders including obstructive sleep apnea, snoring and bruxism. The company’s total for units sold for the three months […]
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. Julius gold discovery drilling Echo Resources (ASX: EAR) has commenced a Reverse Circulation (RC) drilling program at the Julius gold discovery. The Julius gold discovery is located in […]
THE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has taken receipt of the second batch of results from a 2014 sawcut sampling program at the company’s Kestanelik gold project in north-western Turkey. Chesser described the aim of the program was to further define the near surface high-grade gold mineralisation at Kestanelik and it will use the […]
THE DRILL SERGEANT: Apollo Minerals (ASX: AON) has kicked of its largest exploration program at the company’s new iron-oxide-copper-gold (IOCG) frontier in the northern Gawler Craton, South Australia. Apollo said the exploration program is being conducted across the company’s various joint venture project areas associated with its Titan project in the Gawler Craton. The program […]
