THE BOURSE WHISPERER: Potash West has collected a boost to the company coffers after receiving firm commitments of $1.5 million (before costs) for a private placement of just under 6.7 million shares at 22.5 cents per share. The company said the placement was managed by Stellar Securities and was strongly supported by a mixture of […]
THE BOURSE WHISPERER: Rubianna Resources has defined six coincident copper gold target areas, with hints of lead and zinc by soil sampling at the Killara project, situated within the company’s 100 per cent-owned Murchison tenements, in the Peak Hill mining district of Western Australia, The company said the targets are indicative of volcanogentic massive sulfide […]
THE BOURSE WHISPERER: Perth-based explorer Peel Mining has reached an agreement with OZ Minerals subsidiary, OZ Exploration to purchase a strategic exploration license in close proximity to Peel’s Mallee Bull copper-polymetallic discovery. Peel has also pegged several large tenement areas due to expire in the next fortnight currently held by OZ Minerals. Peel said the […]
THE DRILL SERGEANT: The South Australian Department for Manufacturing, Innovation, Trade, Resources and Energy (DMITRE) has completed its allocation for its PACE 2020 initiative that funds co-operative exploration drilling programs with companies undertaking resources exploration within the state. PACE Discovery Drilling is partnership with industry to undertake drilling in areas determined by DMITRE to have […]
THE BOURSE WHISPERER: Every now and then The Roadhouse obtains research notes from different broking establishments. Here’s a few that hit our inbox this week. Blackham Resources Recently acquired the Matilda gold project located in the Wiluna region of W.A. The projects assets include previously operating mines, some infrastructure and a JORC resource of […]
THE BOURSE WHISPERER: Copper – gold exploration play Quintessential Resources has claimed confirmation of high-grade gold mineralisation in trenches at the company’s Semben prospect in Papua New Guinea. Quintessential collected 225 trench and channel samples at the Sembe prospect of between 1 metre and 3 metre lengths from historic trenches that had been cleaned and […]
THE BOURSE WHISPERER: Chesser Resources has reported a maiden JORC-Code Mineral Resource estimate for the company’s Kestanelik epithermal gold project, located in Turkey. The Resource estimate comprises an Inferred Resource of 5.9 million tonnes at 2.4 grams per tonne gold for 462,000 ounces of gold at 0.5 grams per tonne gold cutoff. “We are particularly […]
THE BOURSE WHISPERER: Winmar Resources has completed a $3 million placement to PXSteel International Asia Corporation Limited. Winmar advised the market it has now received funds from the second tranche of the placement, being $820,000 via the issue of 4.1 million Winmar shares at 20 cents per share. This represents a 100 per cent premium […]
THE BOURSE WHISPERER: Multi-listed (ASX, AIM and JSE ) iron ore developer Ferrum Crescent has had a Mineral Resource estimate update completed at the company’s Moonlight iron ore deposit in Limpopo Province, South Africa by The Mineral Corporation Consultancy. Source: Company announcement The estimate was completed using the results of Phase 3 drilling consisting of […]
Mention Nevada and most people think of Las Vegas, but a package of three highly-prospective tenements acquired by this junior gold explorer has stacked all the odds in its favour. Cassini Resources (ASX:CZI) successfully listed on the Australian Securities Exchange in January 2011 during a period that saw many other IPOs fail to achieve the […]
