THE BOURSE WHISPERER: Perth-based ASX-listed company U3O8 has announced that its 100 per cent-owned subsidiary, Piche Resources has signed a Joint Venture Agreement with MH Argentina S.A. on the Cerro Chacon project in Argentina. By Mark Jones, The Cerro Chacon Project consists of 11 tenements, covering an area of approximately 419 square kilometres, in the […]
THE BOURSE WHISPERER: Strategic Materials, the 100 per cent-owned subsidiary of ASX-listed Strategic Elements, has secured the exploration rights to the Wicklow Tungsten Block, located approximately 60 kilometres southwest of Dublin, Ireland. The Wicklow Tungsten Block contains an extensive tungsten system Strategic Elements claims to be potentially up to 10km in strike length. Two previous […]
HOWARD HUMPHREYS: China announced on Monday a reduction of its growth target to 7.5 per cent, from the previous target of 8 per cent, which has been in place since 2005. China’s ambition for the coming years is to improve the quality as well as the quantity of its economic growth; in other words it […]
For most companies entering a second year on the Australian Securities Exchange the term exploration play is generally an apt fit. For Ventnor Resources (ASX:VRX) , however it is something of a misnomer, given the advanced nature of most of the company’s projects. Ventnor listed in February 2011 on the back of a healthy portfolio […]
THE DRILL SERGEANT: Australian gold-copper resources company, Mutiny Gold has announced new high-grade gold intersections from the West Lode of its Deflector Gold deposit in Western Australia. By Mark Jones. The results were received from Mutiny’s ongoing diamond drilling program at the Deflector deposit. The results will be incorporated into the revised resource estimation, which […]
THE DRILL SERGEANT: Noble Mineral Resources has received further high-grade drilling results, including 2 metres at 52 grams per tonne gold from outside the current resource area at the company’s Bibiani gold project in Ghana. Noble has focused the recent drilling on resource definition at the Big Mug and South Hill satellite deposits along with […]
THE BOURSE WHISPERER: Australian resources company TNG Limited has reached an agreement of in-principle terms for a farm-in and Joint Venture agreement with Rio Tinto Exploration (RTX). The Joint Venture agreement is in regard to TNG’s 100 per cent-owned Melville Island licence in the Northern Territory. Melville Island location map. Source: Company announcement Under the […]
THE BOURSE WHISPERER: Ivanhoe Australia has achieved the first production of copper and gold concentrate at the company’s Osborne processing facilities south of Cloncurry, in northwestern Queensland. “The commencement of copper-gold production at the Osborne facilities is an important first step in what we envisage will be the creation of a strong cashflow stream for […]
THE BOURSE WHISPERER: Perth based exploration company Laconia Resources has completed its due diligence regarding the Rasuhuilca project in Peru and has reached the decision to proceed with its acquisition. Projects location map. Source: Company announcement The next hurdle for the company to clear will be to obtain shareholder approval for the deal, […]
THE DRILL SERGEANT: Gryphon Minerals has received results from infill and step-out RC and DD drilling conducted on the Nogbele deposit and its planned gold processing plant, at the company’s Banfora gold project in Burkina Faso, West Africa. “These latest drill results from the Nogbele deposit demonstrate the shallow and outcropping nature of the high […]
