THE BOURSE WHISPERER: A recently completed high resolution airborne magnetic survey carried out by Golden Rim Resources has outlined three major structural zones at the company’s Sebba project in Burkina Faso. The company said the results show the zones to be highly prospective settings for gold mineralisation. According to the Golden Rim announcement the aeromagnetics […]
THE BOURSE WHISPERER: ASX-listed uranium hopeful Energy Ventures has acquired the Coyote Basin uranium project located in northwest Colorado by the assignment of an existing State of Colorado Uranium Mining Lease from VANE Minerals. The Coyote Basin project area is located close to Energy Ventures’ other projects at Maybell and Skull Creek and has been […]
As the interminable wait for third party rail access lingers in Western Australia Gindalbie Metals has opted to look outside the square. Gindalbie Metals has actually looked further than outside the square and has broadened its view to beyond state borders and conformity to sign a 10-year above rail haulage agreement with QR National for […]
THE BOURSE WHISPERER: Western Australian gold producer Navigator Resources has agreed terms with Kimberley Rare Earths for the sale of Navigator’s additional interest in the Cummins Range Rare Earths project. Under the terms of the conditional agreement, Navigator will sell 30% of the Cummins Range project to KRE for the total consideration of $6.5 million […]
THE BOURSE WHISPERER: Having just listed in December 2010 one of the ASX’s newest gold plays in West Africa has wasted little time making itself noticed by moving into an area dominated by some of the bigger players in the field. Middle Island Resources has entered a five year, US$5 million joint venture agreement to […]
THE DRILL SERGEANT: Iron ore-focused explorer Nemex Resources has received the first five x-ray fluorescence spectrometry (XRF) results from surface outcrops of an ironstone formation collected from its Télimélé license in western Guinea. Nemex’s Télimélé license is one of three exploration licenses that comprise the Coastal Project in western Guinea. The five samples were collected […]
THE DRILL SERGEANT: Subiaco-based vanadium hopeful TNG Limited has reported encouraging results from a recently commenced program of diamond drilling at its flagship Mount Peake Iron-Vanadium project in the Northern Territory. The Mount Peake project boasts a large-scale resource of 140 million tonnes grading 0.3% vanadium pentoxide, 23.66% iron, 5.34% titanium dioxide, with outstanding exploration […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Warathah Resources appoints new […]
Galaxy Resources moves shipment forward THE BOURSE WHISPERER: A recent run of solid production from the Mt Cattlin spodumene project of S&P/ASX 300 Index company Galaxy Resources has resulted in the re-scheduling of the company’s second shipment of spodumene to China to mid June 2011, a month earlier than expected. Production at Mt Cattlin, located […]
THE DRILL SERGEANT: Having received all results from recently completed 21 hole drilling campaign Victoria-focused gold play Navarre Minerals says it is encouraged by the intersection of a prominent quartz reef structure and significant quartz veining in 16 of the 21 holes drilled. The 1,600 metre air-core drilling program was carried out at the West […]
