There are some positive signs emerging in the junior resource sector and as long as we are not poleaxed by the Dow Jones we could see decent conditions leading into Christmas and beyond. A few observations and comments: Major increase in trading halts for capital raisings. When we came out of the GFC there […]
ONE OFF THE WOOD: Apollo Minerals managing director Dominic Tisdell (ASX:AON) pulled up a seat at the bar this week to explain his company’s move into Gabon in western Central Africa. Could you quickly take us through the Apollo Minerals project portfolio? We have three iron ore projects; one is in Western Australia, which […]
Interesting news and views from across the Resource Analyst universe. Excelsior Gold Ltd (ASX:EXG) EXG is a gold exploration and development company with tenements along the Bardoc Tectonic Zone to the north-west of the four million ounce Paddington gold mine. Exploration and reinterpretation of historical data resulted in global resource growth of plus 105 per […]
THE DRILL SERGEANT: Luiri Gold has completed Feasibility Study drilling to convert a portion of the Dunrobin mineral resource at the company’s Luri Hill gold project in Zambia to a JORC ‘measured’ category. Most of the infill drilling was from inside the existing Dunrobin open pit and all in‐fill drilling gold assays have now been […]
THE BOURSE WHISPERER: Potash West (ASX:PWN) has completed the first resource estimate at the company’s Dinner Hill prospect, which is part of a much more extensive tenement holding of some 2,900 square kilometres in the Dandaragan Trough commencing just 50km north of Perth in Western Australia. Potash West said the new JORC resource estimate has […]
THE BOURSE WHISPERER: Bannon Limited (ASX:BNX) has signed a binding Heads of Agreement with African Mining Capital (AMC) to enter into a joint venture to earn and acquire 76 per cent of the Kaoko project, located in Namibia. The Kaoko project comprises six exploration licences covering a total of 3722 square kilometres. The project has […]
THE BOURSE WHISPERER: Discovery Metals (ASX:DML) has calculated a maiden Mineral Resources estimate at the Ophion deposit. The Ophion deposit is located approximately 35 kilometres from the company’s 100 per cent-owned Boseto copper project. “Ophion is an interesting deposit where copper-silver mineralisation is often present in multiple layers,” Discovery Metals managing director Brad Sampson said […]
THE DRILL SERGEANT: Perth-based mineral exploration company Victory Mines (ASX:VIC) is gearing up for the commencement of its maiden drilling program at the company’s Clara Hills project, east of Derby, in the Kimberley region of Western Australia. The drilling will be targeting copper mineralisation and will consist of reverse circulation (‘RC’) drill holes ranging from […]
THE BOURSE WHISPERER: Exterra Resources (ASX:EXC) has received the results of a Scoping Study and preliminary economic assessment of the company’s 100 per cent-owned Second Fortune gold project at Linden in Western Australia. The study has confirmed the project’s economics and potential to deliver positive cash flows with estimated pre-tax net cash (after royalties) of […]
THE BOURSE WHISPERER: Mining Group (ASX:MNE) has claimed the discovery of a new mineralised zone at Tagpura North, at the company’s 80 per cent-owned Comval copper and gold project in the Philippines. The company said the new discovery contains mineralised skarn and diorite outcrops mineralised with copper and gold, including a native copper occurrence. Mining […]
