THE BOURSE WHISPERER: The recent heavy rainfall generated by ex-tropical cyclone Oswald has caused a great deal of damage across Queensland, which has led some miners to provide updates on its effect on their operations. Evolution Mining (ASX: EVN) has advised the market the heavy rain and flooding in Southern Queensland has not had a […]
THE BOURSE WHISPERER: Polymetals Mining (ASX: PLY) has completed a feasibility study of the company’s Mt Boppy gold project in Central New South Wales. According to the company the study has demonstrated Mt Boppy to have potential as a development opportunity, which could generate healthy shareholder returns. “This project has near-term production potential, low execution […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe Rox Resources (ASX: RXL) Rox Resources (ASX: RXL) could well have hit the jackpot having received encouraging preliminary results from first pass reconnaissance reverse circulation (RC) drilling at its Mt Fisher project targeting nickel sulphide mineralisation. This success comes after extensive […]
UPCOMING FLOATS: Who’s due to list on the boards of the Australian Securities Exchange and what they’re all about. Perth Resources Limited Proposed ASX code: PRD Proposed listing date: 29 January 2013 Perth Resources was established in October 2012 as a petroleum exploration company seeking to acquire interests in prospective oil and gas acreage in […]
THE DRILL SERGEANT: Papillon Resources (ASX: PIR) has announced an updated JORC-compliant Mineral Resource Estimate for the company’s Fekola project, located in south western Mali. Project location map. Source: Company announcement The updated Resource Estimate is for 54.97 million tonnes averaging 2.38 grams per tonne gold for a contained 4.21 million ounces of […]
THE DRILL SERGEANT: Polymetals Mining (ASX: PLY) has completed its first program of exploration work at the Turner River project in north-west Western Australia since the company assumed management of the project following its acquisition of Lansdowne Resources in September 2012. Turner River project location. Source: Company announcement The program comprised surface sampling […]
ONE OFF THE WOOD: After chaining his bike outside The Roadhouse, Atlas Iron non-executive chairman David Flanagan entered the bar clad in the cyclists’ garb of lycra and wearing those annoying click-clack shoes, then ordered a coffee. David, that hardly seems the proper attire befitting a corporate mover and shaker. Why are you dressed like […]
THE DRILL SERGEANT: Transol Corporation (ASX: TNC) has claimed discovery of a large anomalous zone of gold-copper mineralisation immediately north of the main Johnnies Reward prospect at the company’s Johnnies Reward gold project, located north-east of Alice Springs in the Northern Territory. Transol has already earmarked the gold-copper anomaly as a priority target for follow-up […]
THE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) has conducted further ore processing studies on the company’s Central Bore project, located in Western Australia. Gold Road said the latest studies confirm the viability of a smaller stand-alone high-grade underground mining operation at Central Bore than what had previously been identified in the Scoping Study the […]
THE DRILL SERGEANT: The completion of a 42 hole air-core drill program has led Alloy Resources (ASX: AYR) to claim a new greenfileds gold discovery. The drilling was carried out on the Crack of Dawn and Dusk til Dawn prospects at the company’s Horse Well project in Western Australia during mid-December 2012. The program tested […]
