The 2015 RIU Explorer Conference, held at the Esplanade Hotel in Fremantle, Western Australia, provided the ideal launching pad for an optimistic year ahead for the junior resources mining/exploration sector.
Three things were obvious: the number of delegates present showed there is still, if not renewed, interest in the sector; investors do want to engage with company management and recognise such forums provide the best opportunity to do so; and companies that do present, or have booths, at these conferences are generally those with genuine stories, and investment opportunities, to talk about.
That final point is important with many of the 600-plus small-cap resources companies listed on the Australian Securities Exchange more likely to be investigated by the RSPCA for flogging a near-dead horse than by ASIC for corporate shenanigans.
Another indication of the interest shown in the companies presenting was the near capacity crowds filling the lecture hall right up to final presentation of the final day.
Of late it hasn’t been unusual to see people slip away after swimming through the lunchtime buffet, however the strong program of presenting companies kept them in their seats until the end of proceedings.
For our New South Wales-based chums, your opportunity is not too far away with the Sydney Resources Round-up scheduled to kick off at the Sofitel Sydney Wentworth Hotel on 13 & 14 May.
To enquire about attending just follow the link on the ad below. We look forward to seeing you there.
THE CONFERENCE NEWS
THE CONFERENCE CALLER: There is probably no great surprise that the two worst performing sectors for 2014 were Energy and Resources.
THE CONFERENCE CALLER: The fifth annual presentation of the Craig Oliver Award took place at this year’s RIU Explorers Conference in Fremantle.
THE INSIDE STORY
THE INSIDE STORY: Australian Bauxite Limited (ASX: ABX) recently commenced mining activity at the company’s Bald Hill bauxite mine in northern Tasmania.
ONE OFF THE WOOD
ONE OFF THE WOOD: Apollo Minerals (ASX: AON) has acquired a 70 per cent interest in the Orpheus base metals JV project with Enterprise Metals (ASX: ENT) in the Fraser Range minerals province in Western Australia with the intention to explore for major nickel and base metal deposits in the project area.
THE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) has increased the Boorara deposit at the company’s Nimbus-Boorara silver-gold-zinc project near Kalgoorlie by 47 per cent, taking it to 10.8 million tonnes at one gram per tonne gold for 340,000 ounces of gold.
THE BOURSE WHISPERER: Northern Star Resources (ASX: NST) has trumped Metals X (ASX: MLX) to win the backing of the Board of Tanami Gold (ASX: TAM) for the acquisition of Tanami’s Central Tanami project (CTP).
THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has released a maiden high-grade Resource for the Suzie Zone, situated within the company’s Andy Well gold project in the northern Murchison region of Western Australia.
THE BOURSE WHISPERER: Kin Mining (ASX: KIN) has signed a Binding Term Sheet for an investment of up to $1 million to take advantage of an early stage mining opportunity at the Lewis prospect, located within the company’s Cardinia project area.
THE DRILL SERGEANT: Dacian Gold (ASX: DCN) announced a Mineral Resource increase for the Westralia gold deposit at the company’s Mt Morgan project, located in the Laverton District of Western Australia’s North Eastern Goldfields.
THE DRILL SERGEANT: Mithril Resources (ASX: MTH) released results of two follow-up diamond drill holes (NRD15001 and 002) recently completed at the company’s Stark copper-nickel-PGE prospect near Meekatharra in Western Australia.