THE BOURSE WHISPERER: Encounter Resources (ASX: ENR) has entered into an agreement that will expand the company’s ground position in the Paterson Province in Western Australia. The agreement is with Midas Resources (ASX: MDS) and relates to two granted exploration licenses and an area of 316 square kilometres, located to the north and west of […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Auroch Minerals (ASX: AOU) Auroch Minerals has now bedded down the acquisition of the 3 million ounce Manica gold project and is steadily advancing towards its first production target of early 2015. A recently completed scoping study indicates attractive economics centred […]
IN THE LOBBY: Western Australia’s mineral and petroleum exploration continued its downward trajectory in the June 2013 quarter, according to the Chamber of Minerals and Energy of Western Australia (CME). The lobby group outlined the decline it is latest edition of the WA Resources and Economics Report, prepared in conjunction with KPMG. “While the decline […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. New Board appointment Base Resources (ASX: BSE) has appointed Malcolm Macpherson to its Board. The company said the appointment brings additional mineral sands, African and corporate development experience to the company. Macpherson spent 25 years from 1978 at […]
THE BOURSE WHISPERER: A quick look at some up and coming Resource companies waiting to list on the boards of the ASX. Fertoz Limited Proposed ASX code: FTZ Proposed listing date: 14 August 2013 Fertoz has an initial public offering of 15 million new fully-paid ordinary Shares at 20 cents per share to raise $3 […]
THE BOURSE WHISPERER: Taruga Gold (ASX: TAR) has received final approvals and a signed decree for the Mangkono concession in Cote d’Ivoire. The Mangkono project is located in central Cote d’Ivoire, approximately 410 kilometres from the major city of Abidjan. The project consists of one granted concession covering approximately 400 square kilometres. “The granting of […]
THE DRILL SERGEANT: Papillon Resources (ASX: PIR) has released the results of a further 102 holes from drilling completed at the company’s Fekola gold project, located in south western Mali, on the border with Senegal. Fekola project – location map. Source: Company announcement Papillon said the results have continued to highlight extensions of […]
THE DRILL SERGEANT: An ongoing auger drilling program being conducted by Golden Rim Resources (ASX: GMR) in the vicinity of the Netiana Lodes at the company’s Balogo project in Burkina Faso has outlined a number of new gold anomalies in weathered bedrock. “The discovery of multiple gold anomalies in auger drilling, directly along strike/adjacent to […]
THE DRILL SERGEANT: Impact Minerals’ (ASX: IPT) claims its on-going review of the company’s Mulga Tank Joint Venture project in the Minigwal Greenstone Belt of Western Australia has confirmed the presence of widespread nickel sulphide mineralisation with the potential for credits of platinum group metals (PGE) and cobalt. Impact said the review has revealed previously […]
THE DRILL SERGEANT: Robust Resources (ASX: ROL) has announced results from diamond drilling conducted on the Batu Putih trend on Romang Island, Indonesia. The company said the drilling had confirmed the discovery of large-scale silver mineralisation resulting from a third significant intersection at Batu Putih from near surface. The zone remains open along strike to […]
