THE DRILL SERGEANT: Sirius Resources (ASX: SIR) has continued its love affair with the drill bit with recent drilling undertaken at the Nanook gold prospect, located within the company’s 100 per cent-owned Polar Bear project. Siruis has reported the latest drilling at Nanook has encountered the highest grade gold mineralisation yet at Polar Bear. Assays […]
THE BOURSE WHISPERER: KalNorth Gold Mines (ASX: KGM) is to conduct a Scoping Study at the company’s 100 per cent-owned KalNorth Gold Field, located just outside of Kalgoorlie in Western Australia. The study will look into the possible development of a 0.5 million tonnes per annum to 1 million tonnes per annum modular processing plant […]
THE DRILL SERGEANT: Dacian Gold (ASX: DCN) has claimed to have intersected a high-grade lode position with the drilling of three 80 metre-spaced diamond drill holes at the company’s Jupiter prospect. The Jupiter prospect is part of the company’s 100 per cent-owned Mt Morgans gold project, located in the Laverton District of Western Australia’s North […]
THE BOURSE WHISPERER: Maximus Resources (ASX: MXR) has struck up a friendship with Monax Alliance Pty Ltd, entering into a binding Memorandum of Understanding (MoU) with Monax Alliance to undertake technical due diligence on the Billa Kalina project located in the Gawler Craton region within the Woomera Prohibited Area (WPA) in South Australia. Monax Alliance […]
THE DRILL SERGEANT: IMX Resources (ASX: IXR) has encountered a high-grade intersection from the latest drill hole to be completed at the company’s Ntaka Hill nickel sulphide project in south eastern Tanzania. New intersection from hole NAD13-372 include: – 13.65 metres at 3.46 per cent nickel and 0.62 per cent copper from 357.9 metres, including: […]
The proximity, grade and quality of copper at Ventnor Resources’ (ASX: VRX) Thaduna/Green Dragon copper project made it an obvious Joint Venture partner for Sandfire Resources (ASX: SFR). After Sandfire made its DeGrussa discovery in 2009 the market’s only question was, ‘who will be next?’ It was a fair question but then the market asked, […]
THE FUND RAISER: One company this week showed us that even though you can raise the cash, doesn’t necessarily mean you’ll get to spend it. Return of Funds from Conditional Placement Middle Island Resources (ASX: MDI) has advised the market that efforts to negotiate acceptable terms to acquire a majority interest in the Samira Hill […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Australian Bauxite (ASX: ABZ) ABZ’s strategy has consistently been to identify quality bauxite close to infrastructure and with low socio-environmental impacts. Tasmania emerged in 2010 as a possible destination with the discovery of bauxite similar in nature to Taralga and nearby […]
THE DRILL SERGEANT: Hot Chili (ASX: HCH) has received results from recently-completed drilling at the company’s Productora copper project in Chile. The company said the results have confirmed the strong continuity of the bulk-tonnage resource areas, which supports its strategy to maximise the maiden Ore Reserve estimate at Productora. The latest results include: 162 metres […]
THE BOURSE WHISPERER: With AGM season well in play the regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of Directors Alligator Energy (ASX: AGE) has appointed John Main and Peter McIntyre as directors to the Board. The company entered into a strategic investment partnership with Macallum Group on 18 […]
