THE DRILL SERGEANT: Pacifico Minerals (ASX: PMY) has signed a binding Heads of Agreement to acquire an interest in the Berrio gold deposit in Antioquia, Colombia. The Berrio project is situated in the southern part of the Segovia Gold Belt, which the company described to be characterised by a number of operational, artisanal-scale adits, tunnels, […]
THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) has wasted no time in getting to work at the company’s Morille tungsten-tin project in Spain. Plymouth has commenced metallurgical testwork on a bulk sample of Run of Mine (ROM) mineralisation from the project. The company has selected approximately 20 tonnes of mineralised material previously mined from the […]
THE FUND RAISER: Bit of a mix this week with some companies raising funds, while others receive R&D rebates or government milestone payments. Capital Raising Completed Australian Bauxite (ASX: ABZ) completed a placement of 5.4 million fully paid ordinary shares at $0.21 cents per share to sophisticated, eligible and/or professional investors. $1.134 million was […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Elysium Resources Limited (ASX: EYM) Elysium Resources is an Australian mineral exploration company whose core business is exploring for large, high-quality copper and gold deposits in the rich mineral provinces of Australia and Indonesia. The current Board of Directors was […]
GAVIN WENDT: There’s an interesting comparison at present between the malaise within the resource sector and high-flying components within the industrial sector. This is particularly noticeable in the IPO space. There are just three resources IPOs amongst the list of 27 upcoming floats currently on the ASX website. The ‘tech’ sector has seemingly attracted a […]
THE DRILL SERGEANT: Northern Minerals (ASX: NTU) has received the final assays from a recently completed program of resource extension drilling at its Wolverine deposit. The company said the drilling had returned some of the best heavy rare earth (HRE) intersections it has received to date. The results include a number of high-grade HRE intersections […]
THE DRILL SERGEANT: Hot Chili (ASX: HCH) has received a further set of strong results from drilling being carried out on the company’s Productora copper project in Chile. The company believes the results have highlighted the growing potential for the higher-grade Habanero zone within the Productora project to make a substantial impact on the economics […]
THE BOURSE WHISPERER: They say that earning 50 per cent of a project is better than earning 50 per cent of no project. Farm-in of Gunson copper project Gunson Resources (ASX: GUN) has entered into a farm-in agreement with unlisted public company Terrace Mining in respect of Gunson’s MG14 and Windabout copper-cobalt-silver deposits at Mount […]
THE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has taken receipt of the first drill results from a recently-commenced drill program at the company’s Kestanelik gold project in Turkey. Results have come in from the first six holes out of the 70 drill holes to have been completed to date. KED-258, an infill hole completed on […]
THE DRILL SERGEANT: Dacian Gold (ASX: DCN) recently completed broadly-spaced diamond drilling at the Westralia deposit, part of the company’s Morgans gold project, located in the Laverton District of Western Australia. According to Dacian the drilling intersected additional high-grade gold mineralisation within the interpreted Millionaires Shoot. Three holes were completed and results include: 13MMRD021 4 […]
