THE FUND RAISER: The optimistic start to the New Year continues with junior explorers attracting plenty of financial backing. Southern Hemisphere Mining raising $3.4 million Southern Hemisphere Mining (ASX: SUH) is carrying out a capital raising up to $3.4 million to finance the next phase of exploration, evaluation and development of its copper-gold portfolio in […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. www.breakawayresearch.com Sundance Resources Limited (ASX: SDL) Sundance Resources is a Central African iron ore developer, with high quality projects at the shovel‐ready stage that will initially produce a high grade low impurity Direct Shipping Ore (DSO) product. The company envisages a […]
THE DRILL SERGEANT: Each week any number of junior exploration plays set out to begin exploration on their ground. Here’s a small selection of what’s been happening this week. Monax commences Millers Creek gravity survey Monax Mining (ASX: MOX) has commenced a detailed ground gravity survey at the Millers Creek designated project (DP). The Millers […]
THE DRILL SERGEANT: Carpentaria Exploration (ASX: CAP) has received results from a recently-completed geochemical soil survey covering the greater Josephine Moulder (JM) prospect area at the company’s 100 per cent-owned Advene project northwest of Wagga Wagga in central New South Wales. Carpentaria claims to have identified a new gold anomaly at the western edge […]
THE BOURSE WHISPERER: Although not entirely extinct, it would appear the small resource company Initial Public Offering (IPO) could soon be included on the endangered species list. A recent investigation into the 2013 IPO activity on the boards of the Australian Securities Exchange has concluded there was a definite shift towards larger IPOs last year. […]
THE DRILL SERGEANT: Arunta Resources Limited (ASX: AJR) has received results of a recently sampling program undertaken at the company’s Hatches Creek tungsten project, located north-east of Alice Springs in the Northern Territory. According to Arunta the sampling has confirmed the presence of high-grade material located within and adjacent to areas that were subjected to […]
THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has intersected high-grade silver mineralisation at the new Frakes target on the company’s Menninnie Dam project in the southern Gawler Craton region of South Australia. The company recently completed near surface aircore and slimline reverse circulation (RC) drilling at the Frakes prospect, which returned results of: 10 metres […]
THE BOURSE WHISPERER: Fertoz Limited (ASX: FTZ) has added to its phosphate interest in Canada through the acquisition of the Marten project in British Columbia. The company described the Marten project to be an advanced stage underground exploration phosphate mine, which was developed by Consolidated Mining and Smelting Company of Canada Limited (Cominco) in the […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has been encouraged by recent worked conducted on the company’s 100 per cent-owned 343 square kilometre Uno and Morgan tenements, located west of Port Augusta in South Australia. Location map of Investigator tenements, highlighting the Uno/Morgans project. Source: Company announcement Investigator believes the work has demonstrated […]
THE DRILL SERGEANT: Papillon Resources (ASX: PIR) has received the results from drilling carried out towards the end of 2013 at the company’s Fekola project in south western Mali. During the last two months of 2013, Papillon completed 26 reverse circulation (RC) holes focusing on near surface extensions of previously identified mineralised intersections and testing […]
