THE BOURSE WHISPERER: Orion Gold (ASX: ORN) has entered into a binding heads of agreement, which will result in the company acquiring controlling stakes in approximately 1,600 square kilometres of tenements across Western Australia’s Fraser Range and Tropicana belts. The agreement involves Orion acquiring all the shares in Kamax Resources and covers more than 913sqkm […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe Aus-American Mining Ltd (ASX: AIW) New project and new direction AIW has been given a new lease of life through an option to purchase a highly prospective volcanogenic massive sulphide (VMS) copper-gold-silver project in Arizona, USA. New managing director Richard Holmes […]
Since the electoral bell was rung in favour of Western Australia Premier, Colin Barnett returning for a second term there has been much anticipation as to who he would choose to replace industry-favourite Norman Moore as Minister for Mines and Petroleum. Moore’s latest stint in the portfolio saw a number of popular and successful policies […]
The Queensland Government has indicated it will restart uranium mining in the state following the release of a Cabinet a report on the subject. After being elected in March 2012, the Campbell Newman-led, Queensland Government wasted little time in announcing its support for the recommencement of uranium mining in the state. Implementation Committee,” AMEC regional […]
THE DRILL SERGEANT: Avalon Minerals (ASX: AVI) has received assay results for the latest five completed drill holes, part of an ongoing drill program being undertaken on the D Zone prospect on the company’s Viscaria project, in northern Sweden. Project location. Source: Company announcement Avalon reported four of the drill holes intersected thick, […]
THE DRILL SERGEANT: Many exploration companies become frustrated when the market either misses or ignores releases of drilling results, especially if they’re good. It’s easy to dismiss such announcements as noise produced by companies designed to let their shareholders know that their investments are being spent wisely, however they can tell a studious investor so […]
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has received more assays from drilling being carried out at the company’s Camelwood nickel sulphide prospect at Fisher East, 450 kilometres north of Kalgoorlie. Diamond drilling at Camelwood has returned: 16.3 metres at 1.8 per cent nickel, including 6.3 metres at 2.5 per cent nickel from 211.7 […]
THE DRILL SERGEANT: Robust Resources (ASX: ROL) has received assay results from eight drill holes completed at the company’s Manganese Valley prospect on Romang Island, Indonesia. Robust said the drilling had confirmed mineralisation at the Manganese Valley prospect forms a continuous horizon of manganese mineralisation over 350 metres. Manganese Valley prospect cross section showing […]
THE BOURSE WHISPERER: Encounter Resources (ASX: ENR) has entered into an earn-in agreement with St Barbara (ASX: SBM), the result of which will be the expansion of Encounter’s ground position in the Paterson Province in Western Australia. The agreement relates to tenement applications ELA45/3232 and ELA45/3308, which cover an area of 60 square kilometres, located […]
THE DRILL SERGEANT: Castle Minerals (ASX: CDT) has reported a new zone of bedrock gold within Birimian sediments via drilling recently conducted on the company’s Wa project in north‐west Ghana. The company undertook wide-spaced reconnaissance RAB drilling four kilometres south of recently announced Bundi gold mineralisation. The drilling returned a best result of: – 3 […]
