THE BOURSE WHISPERER: Elementos Limited (ASX: ELT) has agreed to merge with unlisted Australian company Rockwell Minerals. Elementos is an Australian copper and gold exploration company, with projects in Argentina, Chile and Australia. Rockwell Minerals brings to the merged table its 50 per cent interest in the advanced Cleveland tin and tungsten deposits in Tasmania. […]
THE BOURSE WHISPERER: Plymouth Minerals (ASX: PLH) has entered into two exclusive option agreements in Zambia. The first involves Plymouth proposing to acquire shares in an entity which has indirect interests or rights to indirectly acquire a portfolio of prospective copper-gold exploration tenements in the Zambian Copperbelt and other regions within Zambia. The second Agreement […]
THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) has struck a binding agreement with Brockman Mining Limited subsidiary, Brockman Australia (ASX: BCK) to sell its interests in two exploration licences E47/2280, E47/2291 and exploration licence application E47/2594, collectively known as its South Pilbara iron tenements. The material terms of the agreement are: – An upfront cash […]
THE BOURSE WHISPERER: Metallica Minerals (ASX: MLM) has received the results of a recently-completed Pre-Feasibility Study (PFS) conducted on the company’s 100 per cent-owned SCONI (scandium-cobalt-nickel) project, located northwest of Townsville in Queensland. The PFS was based on a High Pressure Acid Leach (HPAL) processing plant treating 200,000 tonnes per annum of high-grade Lucknow scandium […]
THE BOURSE WHISPERER: Linc Energy (ASX: LNC) has raised US$200 million through the issue of senior, unsecured Convertible Bonds to be traded on the Singapore Exchange (SGX) and due to mature in 2018. Linc Energy said the proceeds from the bond raising will be used to pay down existing debt. The company said it expects […]
THE DRIL SERGEANT: IMX Resources (ASX: IXR) has claimed discovery of new iron-rich magnetite formations at the Axehead and Tomahawk North prospects, situated within the company’s Mt Woods magnetite project in South Australia. The company drilled six prospects in total, resulting in an increase to the Mt Woods project exploration target tonnage by 168 million […]
THE DRILL SERGEANT: Southern Hemisphere Mining (ASX: SUH) is to commence work on an updated resource estimate for the company’s Llahuin copper-gold project in central Chile. The company said work on the estimate will kick off in early April as drilling continues to expand and enhance the Llahuin project. The impetus behind the decision stemmed […]
THE BOURSE WHISPERER: Rumble Resources (ASX: RTR) has acquired a large strategic holding adjacent to the Top Up Rise project of Corazon Mining (ASX: CZN). Rumble Resources explained its new Leyland project consists of three tenement applications covering a total area of 1305 square kilometres. Map showing tenement holding of the Leyland project. Source: […]
THE BOURSE WHISPERER: Southern Cross Goldfields (ASX: SXG) has completed the acquisition of the Sandstone gold project from Troy Resources (ASX: TRY), which has provided a healthy boost to the company’s gold resource inventory. The company said the acquisition enhances its Marda gold project, located near Southern Cross in Western Australia, and moves it closer […]
THE DRILL SERGEANT: Lincoln Minerals (ASX: LML) has announced a maiden high-grade JORC Code-compliant Indicated and Inferred Mineral Resources for the company’s wholly-owned Kookaburra Gully graphite project, located on South Australia’s Eyre Peninsula. The total Indicated and Inferred Mineral Resources for Kookaburra Gully project have been calculated at 2.25 million tonnes grading 15 per cent […]
