THE DRILL SERGEANT: Cradle Resources (ASX: CXX) has received the validated final assay results from the final four holes (PHDH008, 011, 012, and 013) of a 13 hole drill program recently conducted at the company’s Panda Hill niobium project in Tanzania. Cradle explained the drill program was designed to confirm the grade and geology that […]
THE BOURSE WHISPERER: Segue Resources (ASX: SEG) has entered into agreements with three unlisted companies to acquire 12 exploration licences totalling 3,538 square kilometres in the Albany-Fraser Range Province of Western Australia. Segue said the deal will result in the company becoming one of the largest tenement holders in the Fraser Range Province. The tenements […]
THE DRILL SERGEANT: Highfield Resources (ASX: HFR) has reported a maiden JORC Inferred Mineral Resource estimate for the company’s 100 per cent-owned Javier potash project in Northern Spain. The independently-prepared JORC Code-compliant Inferred Mineral Resource estimate has come in at 163.2 million tonnes of sylvinite at 10.9 per cent potassium oxide (17.3 per cent potassium […]
THE DRILL SERGEANT: St George Mining (ASX: SGQ) has prioritised six nickel targets at the company’s East Laverton property in the NE Goldfields of Western Australia. St George Mining recently reclaimed 100 per cent ownership of all nickel prospects at the East Laverton property after BHP Billiton (ASX: BHP) pulled out of the Project Dragon […]
THE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) has had a further Canadian courtroom victory in regard to the company’s Touquoy gold project. A Stay Motion brought by a former landowner against a Vesting Order issued for the final remaining private property required to develop the Touquoy gold project in Canada has been dismissed by the […]
THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) has secured an agreement to acquire an 80 per cent beneficial interest in the Morille tungsten-tin project in Spain. Plymouth has negotiated to acquire a 100 per cent holding in Spanish company, Castilla Mining, which has an 80 per cent beneficial interest the Morille project from Aurum Mining. […]
THE DRILL SERGEANT: Arc Exploration (ASX: ARX) has commenced drilling on the Trenggalek project in East Java with its Joint Venture partner, Anglo American, which is fully funding the program. The Trenggalek project is located in the Southern Mountains Province of East Java, which also contains the Tumpangpitu porphyry copper-gold deposit in the Tujuh Bukit […]
THE DRILL SERGEANT: Kidman Resources (ASX: KDR) has intersected high-grade copper, approximately 420 metres below surface while conducting deep diamond drilling on the Main Lode at the company’s Home of Bullion (HOB) project in the Northern Territory. Hole HDD044 intersected: – 9.7 metres at 3.4 per cent copper, 0.83 per cent lead, 2 per cent […]
GAVIN WENDT: The Fed’s recent decision to delay the inevitable – the scaling back of its $85 billion a month stimulus program – reinforces my view as to the relative shakiness of the US economy. The Fed says it needs more evidence of lasting improvement in the economy, and has also warned that an increase […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Forte Consolidated (ASX: FRC) Forte Consolidated has completed the acquisition of a 100 per cent interest in the prospective Johnnycake project located near the recently commissioned Mt Carlton gold/silver/copper mine in north-east Queensland. In late 2012, Forte Consolidated entered […]
