THE DRILL SERGEANT: Crater Gold Mining (ASX: CGN) has begun a detailed evaluation of the High Grade Zone (HGZ) at the company’s Crater Mountain project in Papua New Guinea. The company has completed a total of 55 metres of adit driving completed and is about to commence an underground drilling program to evaluate the extent […]
THE BOURSE WHISPERER: Desert Mines and Metals (ASX: DSN) has commenced a scoping study at the company’s its Daehwa project in South Korea. The Daehwa project is located about 100 kilometres southeast of Seoul in Chungbuk Province in Central South Korea. The project contains two former narrow vein underground molybdenum/tungsten mines, Daehwa and Donsan and […]
THE DRILL SERGEANT: Brazilian Metals Group (ASX: BMG) has received assay results confirming further high-grade copper intercepts from a maiden drilling program recently completed at the company’s Laxia prospect in Cyprus. A total of 13 holes were completed at the Laxia prospect, each of which intersected a 20 to 40 metre wide mineralised zone containing […]
The successful Senate run of the Single Issue Parties in the recent Federal election has caused a great deal of consternation amongst the major parties and the mainstream media. Plymouth Minerals managing director Adrian Byass stood as a candidate for the No Carbon Tax Climate Sceptics Party and although he didn’t end up with his […]
THE CONFERENCE CALLER: Sydney’s iconic Luna Park is usually the place most people head to Just For Fun. Next week the venue will double its fun quota as it transforms into the venue for information Just About Gold as leading Australian and global gold industry identities head to The Big Top for the Gold Investment […]
The acquisition of a new project led to a new focus and subsequent name change for this South America-focused base metals play. Recently rebranded Cobre Montana (ASX: CXB) (formerly Midwinter Resources) has become the latest Australian exploration play to hang its shingle in South America. The company made its move in May 2013, striking a […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Target Energy (ASX: TEX) Target Energy is a rapidly growing oil and gas producer focussed on the prolific Permian Basin in West Texas. The company has increased its 2P reserves by 887 per cent to 1.2 million barrels of oil (mmboe) […]
THE FUND RAISER: Another good week on the bourse for junior fund raising. Alcyone secures cornerstone investor Alcyone Resources (ASX: AYN) has raised $12.832 million, after placing $4.875 million of its recent Rights Issue Shortfall with Malaysian-listed investment holding company, Notion VTec Berhad (MK:NVB). Notion has agreed to subscribe for $4.875 million of the Rights […]
THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from 18 hole, 3,454 metres RC program recently conducted at the company’s Matilda gold project in Western Australia. The drilling was carried out to test potential new lode positions at the M1, M2, M3 and M4 deposits at the Matilda Mining Centre. M4 North […]
THE DRILL SERGEANT: MOD Resources (ASX: MOD) has earned a 60 per cent interest in the Sams Creek gold project in New Zealand from Oceana Gold Corporation (ASX: OCG). OceanaGold has accepted the increase of MOD’s interest in Sams Creek from 40 per cent to 60 per cent after the completion of MOD’s Stage 2 […]
