THE DRILL SERGEANT: Ventnor Resources (ASX: VRX) has received further high-grade sulphide assays returned from previously announced visual intersections achieved during a deep drilling campaign at the company’s Thaduna/Green Dragon project in Western Australia. High-grade assays from previous visual intersections include: – 9.58 metres at 5 per cent copper from 612 metres down hole (THDD235); […]
THE BOURSE WHISPERER: Bullabulling Gold (ASX: BGB) completed an updated economic assessment of the company’s eponymous Bullabulling gold project. The assessment was based on a revised open pit design and mining plan the company had developed during the initial phase of its definitive feasibility study (DFS). Bullabulling said the new mine plan had delivered improvements […]
THE BOURSE WHISPERER: Nemex Resources (ASX: NXR) has been granted 100 per cent interest in three exploration licences for gold and base metals, in the West African country of Côte d’Ivoire. The three licences cover a total 1,186 square kilometres and have been granted for an initial three year term. They can subsequently be renewed […]
THE BOURSE WHISPERER: Rey Resources (ASX: REY) has entered into an agreement with Crystal Yield Investments Limited, to sell the Duchess Paradise coal project in Western Australia. The deal will be done via a staged acquisition by Crystal of all of the issued shares in Blackfin Pty Ltd, a wholly owned subsidiary of Rey. Rey […]
THE BOURSE WHISPERER: ERO Mining (ASX: ERO) has struck an agreement with Ramelius Resources (ASX: RMS) to acquire the Spargoville gold project via an all scrip transaction. The Spargoville gold project is located in the Yilgarn Craton in Western Australia, and includes the previously mined, Wattle Dam deposit and over 11,440 hectares of surrounding tenements. […]
THE BOURSE WHISPERER: MZI Resources (ASX: MZI) has inform the market that private equity group Resource Capital Fund has taken a 12 per cent cornerstone stake in the company through a $3 million share placement at 1.296 cents per share. As part of the placement, RCF has the right to appoint a representative to the […]
THE BOURSE WHISPERER: Traka Resources (ASX: TKL) has entered into a Farm-in and Joint Venture Agreement with Western Areas (ASX: WSA). The agreements cover five exploration licences located in the Jameson area of Western Australia, which forms part of Traka’s Musgrave project. The Musgrave project showing Traka’s interests including the Western Areas Agreement tenements. […]
GAVIN WENDT: The headlines over the past week or so have continued to revolve around the likely reasons for the speculative move away from gold. Firstly, it’s suggested that the US Federal Reserve is looking to cut back on its level of QE stimulus; and secondly, the US dollar is forecast to rise as a […]
THE BOURSE WHISPERER: Core Exploration (ASX: CXO) has claimed to have confirmed a large copper mineral field on the company’s new and wholly-owned exploration licence application, EL 29689. The EL covers 310 square kilometres within Core’s Albarta project, north east of Alice Springs in the Northern Territory. The identification of the mineral field has come […]
THE BOURSE WHISPERER: Rex Minerals (ASX: RMX) has completed the sixth Mineral Resource upgrade in three years at the company’s Hillside copper project on the Yorke Peninsula, South Australia. The company said the latest upgrade has reconfirmed Hillside as Australia’s largest open pit copper project. Rex said the first 12 years of production at Hillside […]
