THE FUND RAISER: Bit of a mix this week with some companies raising funds, while others receive R&D rebates or government milestone payments. Proposed private Placement Laramide Resources (ASX: LAM) has arranged a proposed non-brokered private placement of up to 5 million units of the company at a price of 40 cents per unit, for […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Syndicated Metals LTD (ASX: SMD) The current management of SMD joined in March 2012, but detailed new work plans were delayed until a settlement was achieved in August 2013 enabling the company to focus on development of the Barbara deposit. […]
THE DRILL SERGEANT: Carpentaria Exploration (ASX: CAP) has expanded its gold portfolio in the Lachlan Fold Belt, having been granted the Grong Grong licence (EL 8189) near Narrandera in New South Wales. Grong Grong adjoins Carpentaria’s Barellan tenement for a combined area of 702 square kilometres, which the company considers to be prospective for intrusion […]
THE DRILL SERGEANT: Northern Star Resources (ASX: NST) has achieved some impressive drilling results from the recent Titan gold discovery at the company’s Paulsens project in Western Australia. Northern Star said the results have highlighted Titan’s potential to be a high-grade deposit. Drilling results from Titan include (uncut): 0.2 metres at 687 grams per tonne […]
THE DRILL SERGEANT: Navarre Minerals (ASX: NML) has kicked off its 2013 summer field season with an Induced Polarisation geophysics (IP) survey to be carried out over the Eclipse copper-gold porphyry prospect, located in the Miga Arc region in western Victoria. According to Navarre the aim of the survey is to delineate copper and gold […]
THE BOURSE WHISPERER: They say that earning 50 per cent of a project is better than earning 50 per cent of no project. Ventnor-Sandfire JV settles Ventnor Resources (ASX: VRX) advised the market the JV agreement between it and Sandfire Resources (ASX: SFR) has settled following satisfaction of the last of the conditions precedent. The […]
THE BOURSE WHISPERER: The Boardroom Mazurka continues unabated this week amongst the junior mining companies. Board appointments/resignation Tellus Resources (ASX: TLU) announced the appointment of Robert (Bob) Kennedy and Neil Young as non-executive directors. Kennedy was also voted in as chairman. Richard Willson has resigned as a director of the company. Resignation of Director […]
THE DRILL SERGEANT: Core Exploration (ASX: CXO) recently completed an Induced Polarisation (IP) geophysical survey, which identified drill targets at both the Blueys and Inkheart prospects within the company’s Albarta project in the Northern Territory. Core believes these new IP targets combine with high silver in soil and high-grade rock chip results to be a […]
THE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has received results from an infill and depth extension drilling program at Stage 1 of the company’s Castle Hill gold project located in the Western Australian Goldfields, less than 50 kilometres from Kalgoorlie. The Stage 1 Resource (JORC 2012) currently stands at 21.8 million tonnes at 1.6 grams […]
THE DRILL SERGEANT: Laconia Resources (ASX: LCR) has received results of field reconnaissance undertaken by its consultant geologist Stephen McCaughey at the Huaco Cucho project, north of the company’s epithermal copper-gold-silver Rasuhuilca prospects. Laconia said the field reconnaissance has confirmed geology and alteration assemblages with strong affinities to Porphyry Copper systems, adding the exposed alteration […]
