THE BOURSE WHISPERER: Canada-focused Coventry Resources (ASX:CVY) is soon to be dual listed via a merger with TSX-V listed Crescent Resources Corp (TSX-V:CRC). Coventry has entered into a definitive merger implementation agreement with Crescent. Once the merger has been finalised the combined company will make application to have its shares listed and tradable on both […]
THE BOURSE WHISPERER: Discovery Metals (ASX:DML) has held a ceremony to open the company’s 100 per cent-owned Boseto copper project, located in north-western Botswana. The project was officially opened by the President of the Republic of Botswana His Excellency Seretse Khama Ian Khama, accompanied by Vice President and Minister for Mines, Energy and Water Resources […]
THE DRILL SERGEANT: Exco Resources (ASX:EXS) has received results from five diamond drill holes that were recently completed at the company’s 100 per cent-owned Mount Colin copper-gold deposit in northwest Queensland. All five holes intersected primary copper-gold mineralisation (chalcopyrite) in the target zone. Results for the drilling of two extensional and three infill diamond drill […]
THE BOURSE WHISPERER: Breakaway Resources (ASX:BRW) has continued its divestiture of non-core assets having reached agreement to sell its Spargos Reward project in the Kambalda region of Western Australia to South Australia-based minerals explorer Mithril Resources (ASX:MTH) for $200,000 in cash. The Spargos Reward tenements form part of Breakaway’s Kambalda West project, located south of […]
Sheffield Resources managing director Bruce McQuitty dropped by The Roadhouse on his way home from Dampier to tell us about the company’s recent activities. Sheffield Resources (ASX:SFX) has a few different projects, could you just quickly run through them? We have three substantial mineral sands projects, all located in Western Australia, as well as […]
When the Global Financial Crisis started back in 2007, you could pick up an ounce of gold for just $670. Wind the clock forward to today, and gold is now trading at $1690 – a rise of over $1000 per ounce. The increase in price has led many market pundits to declare gold is ‘in […]
Julia Gillard missed a golden opportunity to regain some mining industry love by pushing her education barrow at the opening of the AMEC convention in Perth. The fallout from Prime Minister Julia Gillard’s opening address to the Association of Mining and Exploration Companies (AMEC) convention in Perth was fairly blunt during the week. After […]
THE DRILL SERGEANT: Astro Resources (ASX:ARO) has received the first batch of results from a recently completed aircore drilling program carried out at the company’s Governor Broome mineral sands project, located in the south-west of Western Australia. The drill programs consisted of: – Infill drilling of the Governor Broome East targeting high-grade strandlines to elevate […]
THE DRILL SERGEANT: Peak Resources (ASX: PEK) has received assay results from 25 new infill drill holes carried out within the central bastnaesite core of the Southern Rare Earth Zone (SREZ) at the company’s 100 per cent-owned Ngualla rare earth project in Tanzania. The company said the results are the highest it has achieved to […]
THE BOURSE WHISPERER: Aeon Metals (ASX:AQR), which used to be known as Aussie Q Resources, has signed a Letter of Intent (LOI) with Rio Tinto (ASX:RIO) subsidiary Rio Tinto Exploration (RTX). The LOI sets out terms in regard to a proposed earn-in and Joint Venture of Aeon’s 100 per cent-owned tenement EPM 17060 and all […]
