THE BOURSE WHISPERER: Hot Rock Limited (ASX: HRL) has been granted a further geothermal exploration authorisation in Southern Peru in the Huisco area. The company now holds a total of six granted authorisations in Peru. The Huisco prospect is located at the northern end of an active volcanic belt in Southern Peru. Location of […]
THE DRILL SERGEANT: Sipa Resources (ASX: SRI) has had the Exploration Target for the Enigma copper prospect updated by Cube Consulting. The Enigma copper prospect is situated within the company’s 100 per cent-owned Thaduna copper project in the Gascoyne Region of Western Australia. Cube has estimated the contained copper metal at Enigma to be in […]
THE DRILL SERGEANT: Ironbark Zinc (ASX: IBG) has intercepted zones of mineralisation during drilling at the Jerangle prospect, part of the Captains Flat project, located south of Canberra in New South Wales. The latest drilling encountered broad sulphide mineralisation down dip from previous drilling with intercepts including: – 2.6 metres at 10 grams per tonne […]
THE BOURSE WHISPERER: Impact Minerals (ASX: IPT) is to acquire Joint Venture rights to the Mulga Tank and Broken Hill nickel-copper-platinum group elements (PGE) projects from Endeavour Minerals. The acquisition forms part of the previously announced transaction with Impact’s 75 per cent-owned Invictus Gold (ASX: IVG) to acquire the projects and shares of Endeavour. Completion […]
THE BOURSE WHISPERER: New Standard Energy (ASX: NSE) has executed an agreement with Green Rock Energy (ASX: GRK), under which Green Rock will hand over 100 per cent of its interests in the Laurel project in the Canning Basin of Western Australia to New Standard. New Standard described the Laurel project as a large acreage […]
OUT AND ABOUT: The Roadhouse recently travelled to the Edna May gold mine of Evolution Mining with a number of former West Coast Eagle and Fremantle champions. A 12 seater light aircraft can appear diminutive at the best time but when shared with the likes of Glen Jakovich and former West Coast Eagles team mates […]
GAVIN WENDT: Over the past fortnight or so, the price of gold has declined to levels around its $1,600 long-term trend-line, which we’ve previously spoken about. What’s most bemused me about gold’s recent decline (and all previous sell-offs during its 12-year bull run), has been the economic rhetoric accompanying it. Quite simply, it seems to […]
IPO WATCH: Recent ASX listings and those companies scheduled to list soon. RECENT LISTINGS Strata-X Energy Ltd ASX code: SXA Listing Date: 12/3/13 Opening Price: 33 cents Closing Price: 35 cents Toronto Venture Exchange-listed Strata-X Energy Ltd. (TSX.V: SXE) listed on the Australian Securities Exchange this week. The company describes itself as an independent oil […]
WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Lamboo Resources (ASX: LMB) Lamboo Resources has a quality portfolio of graphite projects with significant exploration potential. Newly acquired South Korean projects host existing JORC Resources, a ‘Mining Right’ and established infrastructure while at the company’s Australian based McIntosh project, […]
THE DRILL SERGEANT: Kentor Gold (ASX: KGL) has claimed discovery of a new high-grade zone of mineralisation through drilling on the NOA2 deposit at the company’s Murchison gold mine in Western Australia. The NOA2 deposit is already the source of ore to the Murchison processing plant, following the reopening of the underground mine in December […]
