THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has announced a maiden Mineral Resource estimate at the Blair Nickel Mine, situated within the company’s 100 per cent-owned Golden Ridge project in the Eastern Goldfields of Western Australia. The Mineral Resource estimate stands at: 222,710 tonnes of nickel sulphide ore at 2.92 per cent nickel. […]
THE BOURSE WHISPERER: Latin Resources’ (ASX: LRS) 100 per cent-owned subsidiary company, Peruvian Latin Resources SAC (PLR) has signed a Binding Terms Sheet (BTS) for a rights assignment and earn-in option to transfer 70 per cent ownership of its Ilo Norte project to Peruvian firm, Compañia Minera Zahena SAC (CMZ). The deal entails payment of […]
THE FUND RAISER: Bit of a mix this week with some companies raising funds, while others receive R&D rebates or government milestone payments. $1.2 million in Government grant milestone payments Carnegie Wave Energy (ASX: CWE) received $748,849 from the Australian Government for progress on the desalination plant, foundations, onshore power plant and pipelines of the […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Sirius Resources NL (ASX: SIR) Exploration Appeal on Multiple Fronts Sirius Resources NL, while continuing with its Nova-Bollinger development studies, is looking to replicate its exploration success with the discovery of more base and precious metal mines. The company continues to […]
Tony Abbott promised on winning the election that he would ‘reboot’ the mining boom. Understandably there are concerns within the government about future projects being planned by some of Australia’s largest mining companies and their inability to raise the necessary finances for their projects to go ahead at this time. The Australian government is concerned […]
THE DRILL SERGEANT: Emmerson Resources (ASX: ERM) has announced a new Mineral Resource Estimation for the company’s Tennant Creek project in the Northern Territory. Emmerson has calculated a new JORC gold Resource for its Chariot gold mine of 17.4 grams per tonne gold for 99,000 ounces of gold. This takes the global mineral resources to […]
THE DRILL SERGEANT: Kidman Resources (ASX: KDR) has claimed to have confirmed the down dip continuity of copper mineralisation on the Main Lode at the company’s Home of Bullion (HOB) project in the Northern Territory. Kidman achieved the result while conducting a round of deeper diamond drilling at the project. Results include: 9.1 metres at […]
THE DRILL SERGEANT: Troy Resources (ASX: TRY) has received results from an ongoing drilling program being conducted at the Smarts deposit within the company’s West Omai project in Guyana. Recent infill Reverse Circulation drilling has been targeting the 1.7 kilometre Indicated Resource at the Main Zone within the 2.7km Smarts Inferred Resource, which Troy claims […]
THE BOURSE WHISPERER: This week the junior mining company Boardroom shuffle sees a former state Premier find a new seat. Executive Movements Australian Bauxite Limited (ASX: ABZ) has made a few interesting changes to its board of directors as a consequence of a recent change in major shareholding. Former Tasmanian Premier, Paul Lennon has accepted […]
THE BOURSE WHISPERER: They say that earning 50 per cent of a project is better than earning 50 per cent of no project. New exploration Farm-in JV on Cue gold project Parker Resources (ASX” PKR) has entered into a Farm-in Agreement to earn up to 90 per cent of E20/717, located near Cue in the […]
