THE CONFERENCE CALLER: The Western Australian Government has a looming budget blow out and a pesky panel beating bill to pay. At the Paydirt Gold Conference in Perth this week WA Department of Mines and Petroleum director-general Richard Sellers gave notice the State Government’s royalty review could be considering a staggered change in gold royalty […]
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 Resumes at the Acra gold project Pioneer Resources (ASX: PIO) has resumed drilling at the company’s 100 per cent-held Acra gold project, north east of Kalgoorlie in […]
THE BOURSE WHISPERER: With the APPEA Conference kicking off in Perth this week our JV update has a bit of an Oil & Gas feel about it. ROC 2P Reserves increase by 71 per cent TO 20.9 mmboe Roc Oil Company (ASX: ROC) announced its proved plus probable (2P) petroleum reserves have increased to 20.9 […]
THE BOURSE WHISPERER: Cassini Resources (ASX: CZI) has executed a Sale and Purchase Agreement to acquire 100 per cent of the West Musgrave project in Western Australia. Cassini is acquiring the project from BHP Billiton Nickel West and BHP Billiton Minerals, two subsidiaries of BHP Billiton (ASX: BHP). The project area contains the Nebo and […]
THE ROADHOUSE PHARMACY: Orthopaedic devices manufacturer, Advanced Surgical Design and Manufacture Limited (ASDM) (ASX: AMT) has executed a global Licence Agreement with The University of Sydney relating to a composite biocompatible ceramic material known as Sr-HT-Gahnite. ASDM is to facilitate the commercialisation of veterinary and orthopaedic solutions based on the composite biocompatible ceramic material developed […]
THE DRILL SERGEANT: Cobre Montana (ASX: CXB) has finalised all of the commercial requirements to procure 55 per cent of the Piedrecillas project in Chile. Cobre Montana closed the deal by making statutory payments required to maintain the exploration tenure, and the issue of approx. 3.53 million ordinary fully paid shares in the company. The […]
THE DRILL SERGEANT: Rumble Resources (ASX: RTR) has completed a strategic tenement application (ELA 28/2464) adjoining the company’s recently-acquired Zanthus project Joint Venture with Blackham Resources (ASX: BLK). The Zanthus project is located in the Fraser Range region of Western Australia just to the east of the Nova-Bollinger nickel copper sulphide discoveries of Sirius Resources […]
THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) has encountered high gold grades to follow up recent high-grade copper results achieved at the company’s multi-vein sulphide Kou Sa project in Northern Cambodia. GPR has reported the first gold assays from the first diamond hole (KDH002) drilled into Prospect 150, which included: 3.9 metres at 16.47 grams […]
THE ROADHOUSE PHARMACY: Antisense Therapeutics (ASX: ANP) released results from a chronic toxicity study in monkeys, which it says indicate ATL1102, an antisense oligonucleotide currently under development for the treatment of multiple sclerosis (MS), was well-tolerated when given subcutaneously for a 6-month dosing period at the 2 dose levels tested (1.5 and 3mg/kg/dose). The company […]
THE DRILL SERGEANT: Marmota Energy (ASX: MEU) has claimed a new South Australian copper discovery after receiving high-grade copper assay results from the first holes drilled on the company’s wholly-owned West Melton copper-gold project on Yorke Peninsula. Marmota said the program was testing a copper and gold geochemical anomaly it had defined on the project […]
