THE BOURSE WHISPERER: Every now and then The Roadhouse obtains research notes from different broking establishments. Here’s a couple that hit our inbox this week. Jacka Resources (ASX:JKA) Recommendation: Speculative Buy The Most Undervalued African Explorer on the Market. Scott Spencer (chairman) and Richard Aden (executive director) from JKA gave a highly impressive […]
THE BOURSE WHISPERER: Rio Tinto and Canada-based Ivanhoe Mines have finally reached an agreement concerning the development of the Oyu Tolgoi copper-gold mine in Mongolia. Ivanhoe Mines is the majority stakeholder of Ivanhoe Australia with a 59 per cent majority shareholding. Rio Tinto has agreed to support and provide certain elements of a comprehensive funding […]
THE BOURSE WHISPERER: Mungana Goldmines has completed a scoping study on the Tunkillia gold project, located in the Gawler Craton of South Australia. Mungana holds a 55 per cent majority interest in the project, which has a JORC-compliant resource of 15.6 million tonnes at 1.6 grams per tonne gold for 803,000 ounces of gold to […]
OUT AND ABOUT: Integra Mining managing director Chris Cairns pulled on the steel-capped safety boots to take a well-aimed kick at the head of The Federal Government. Cairns slammed the government for jeopardising investment in Australia’s gold sector at a time the sector was described to have suffered, “a long time between major gold discovery […]
OUT AND ABOUT: Silver Lake Resources is considering a serious ramp-up of the company’s Mount Monger gold mine in Western Australia with the implementation of an approach to lift overall total gold output within two years. Silver Lake is hoping Mount Monger can achieve a sustained output of 200,000 ounces of gold per annum by […]
OUT AND ABOUT: Doray Minerals has completed a preliminary economic assessment of the company’s 80 per cent-owned Andy Well gold project, located approximately 45 kilometres north of Meekatharra, in the Murchison region of Western Australia. Doray said the assessment has confirmed the Andy Well project’s economic viability and its ability to deliver significant positive cashflows. […]
THE DRILL SERGEANT: International Goldfields has received assay results from drilling conducted at the Ana Prospect located within the company’s 93 per cent-owned Latin gold project In Brazil. The company has claimed the results have confirmed the discovery of a promising gold-copper discovery. Highlights of the drilling results include: – 21 metres at 5.9 grams […]
THE DRILL SERGEANT: Canada-focused nickel sulphide exploration play Corazon Mining has claimed discovery of a new zone of sulphide mineralisation at the company’s Lynn Lake nickel-copper sulphide project in Canada. The company said its most recent drill-hole (CRZ017) has defined sulphide mineralisation with approximately 51 metres of disseminated nickel-copper sulphides, including zones of up to […]
THE DRILL SERGEANT: Black Fire Minerals has received assay results for the final four diamond drill holes completed as part of the Desert Scheelite resource drilling program at the company’s Pilot Mountain tungsten project located in Nevada, USA. The last two diamond drill holes of the program, DSDD-14 and DSDD-15 both intersected substantial tungsten (scheelite) […]
THE BOURSE WHISPERER: Wild Acre Metals has acquired three drill‐ready projects located within the Southern Peru porphyry copper belt. The acquisitions include the Sambalay gold / silver / copper project and the Chaparra and Yauca iron oxide copper gold (IOCG) projects. Wild Acre Metals ‐ Peru projects location map. Source: Company announcement Wild Acre […]
