THE BOURSE WHISPERER: Phoenix Gold has reached agreement with a private vendor to purchase a 100 per cent interest in the Kintore gold project in Western Australia. The Kintore project adjoins the company’s Castle Hill project situated within its extensive land holding on the Zuleika and Kunanalling shear zones northwest of Kalgoorlie. The Kintore project […]
THE BOURSE WHISPERER: Westgold Resources and Metals X have executed a Merger Implementation Agreement. The agreement is proposed to result in Metals X acquiring all of the issued shares in Westgold that it does not already own by way of Scheme of Arrangement. Under the proposal Westgold shareholders will receive 11 Metals X shares for […]
ONE OFF THE WOOD: On the road at the RIU Syndney Resources Roundup, Integra Mining managing director Chris Cairns put aside a few minutes from his busy schedule to bring The Roadhouse up to speed on the company’s Randalls gold project. Integra has recorded a couple of important milestones recently with the first being the […]
THE DRILL SERGEANT: Queensland-based copper explorer Coppermoly has commenced a program of approximately 1675 metres of reverse circulation (RC) drilling on the company’s farm-in venture at Esk Trough in Queensland. The drilling program has been designed to test for extensions to copper and gold grades near surface at the Kakapo and White Horse prospects within […]
THE BOURSE WHISPERER: While we were attending the RIU Sydney Resources Roundup The Roadhouse caught up with its old buddies from Breakaway Research which passed on a couple of its recent company research notes. Matsa Resources (ASX: MAT) has a diverse portfolio of projects at various stages of assessment. The most advanced is the Norseman […]
THE BOURSE WHISPERER: Renaissance Minerals has completed the acquisition of the Cambodian gold project from OZ Minerals by way of the acquisition of its wholly owned subsidiary OZ Minerals (Cambodia) Limited. According to Renaissance the Cambodian gold project covers approximately 1,100 square kilometres within the core of what the company described to be, “a prospective […]
THE BOURSE WHISPERER: Xanadu Mines has executed a terms sheet with private Canadian company Temujin Mining Corp to acquire the Oyut Ulaan copper and gold project in the South Gobi region of Mongolia via the purchase of Temujin’s wholly-owned subsidiary Vantage LLC. Xanadu will negotiate a definitive agreement to purchase Oyut Ulaan following the completion […]
THE BOURSE WHISPERER: Southern Cross Goldfields is on the verge of becoming the first gold miner and producer in the Marda region, located 400km north-east of Perth in Western Australia. The company has recently received a positive result from an independent Feasibility Study on its 100 per cent-owned Marda gold project, which it said confirmed […]
THE BOURSE WHISPERER: Musgrave Minerals has been granted four new mineral Exploration Licences in the Musgrave Geological Province, situated within in the far north of South Australia. The four new licences cover a combined area of more than 7,300 square kilometres, which will more than double the company’s current explorable ground holding. Musgrave Minerals […]
THE BOURSE WHISPERER: Zambia-focused manganese exploration and mining play Kaboko Mining has told the Australian Securities Exchange it has received certified results of its second trial shipment of 300 tonnes of manganese that was shipped from the company’s Emmanuel project in February 2012 to Xiamen in China. Kaboko claims the certified results have confirmed the […]
