THE DRILL SERGEANT: KGL Resources (ASX: KGL) has commenced drilling of diamond tails at the Marshall-Reward and Bellbird deposits at the company’s Jervois project in the Northern Territory. The diamond drilling is part of a resource extension program the company commenced in September with the aim of increasing the global resource as part of a […]
Plymouth Minerals managing director Adrian Byass is a man in a hurry. Byass’ haste stems from his enthusiasm for the company’s recently-acquired Morille tungsten-tin project in Spain. Morille is one of those projects that don’t come along often enough for junior companies such as Plymouth Minerals (ASX: PLH), but to fully understand why the company […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Bathurst Resources New Zealand Ltd. (ASX: BRL) No more appeals – Path almost cleared to move into construction Our view: In a positive update, Bathurst has announced that the appeals period against the Environmental Court decision to award the resource consent […]
THE FUND RAISER: The end of year fund raising activity continue to gather pace. Share Purchase Plan closes heavily oversubscribed A Share Purchase Plan for AusQuest Limited (ASX: AQD), closed heavily oversubscribed. The company said it would undertake a process to scale-back applications to ensure the terms of the SPP are met. The SPP was […]
THE DRILL SERGEANT: Malagasy Minerals (ASX: MGY) has claimed to have confirmed the company’s Maniry project in Southern Madagascar is host to a major graphite field. The company said recent systematic traverse surface sampling has identified at least 12 major lenses of high-grade graphite mineralisation with widths ranging from 75 metres to 250 metres and […]
THE DRILL SERGEANT: Syndicated Metals (ASX: SMD) has been encouraged by in-fill resource drilling being conducted as part of the Feasibility Study on the company’s Barbara Joint Venture copper-gold project in North Queensland. The Barbara JV is a 50/50 joint venture with North Queensland copper producer CopperChem Limited, which is funding the Feasibility Study as […]
THE DRILL SERGEANT: The maiden drill program of Impact Minerals (ASX: IPT) at the company’s Mulga Tank project, located 200 kilometres northeast of Kalgoorlie in Western Australia has caused a bit of excitement. The drilling is testing a number of EM anomalies within E39/988, and has already identified widespread copper mineralisation around the Mulga Tank […]
THE BOURSE WHISPERER: The junior mining company Boardroom shuffle is a dance that is proving as popular as ever. Chief Executive Officer appointment Blackthorn Resources (ASX: BTR) announced Mark Mitchell has agreed to join the company as its chief executive officer. His appointment will be effective from 1 January 2014. Mitchell has business experience […]
THE BOURSE WHISPERER: They say that earning 50 per cent of a project is better than earning 50 per cent of no project. Plutonic Dome Gold Project Farm-In Joint Venture Ord River Resources (ASX: ORD) has entered into a Farm-in Agreement and Joint Venture to earn up to a 75 per cent interest in the […]
THE DRILL SERGEANT: White Rock Minerals (ASX: WRM) has completed modelling and Resource estimation to upgrade the White Rock silver deposit Resource. White Rock silver deposit is one of eight deposits making up the company’s Mt Carrington project. The majority of the four largest gold-silver deposits at the Mt Carrington project are now classified as […]
