Gascoyne Resources Enters Trading Halt to Consider its Options

THE BOURSE WHISPERER: Gascoyne Resources (ASX: GCY) responded to Westgold Resources’ (ASX: WGX) taunt’s by requesting the ASX place the company’s ordinary shares in a trading halt with immediate effect. Gascoyne Resources requested the trading halt saying it requires time to complete, “the finalisation and Board approval of a material update to its business plan”. […]

Dreadnought Resources Hits Massive Sulphides at Orion

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) reported encountering massive sulphide mineralisation in multiple holes on the Orion copper-gold-silver-cobalt target at the company’s Tarraji-Yampi project in the West Kimberley region of Western Australia. Dreadnought Resources has completed eight RC drill holes to date at Orion, six of which intersected massive sulphides, confirming base metal mineralisation […]

Breaker Resources Extends Tura High-Grade Zone at Bombora

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) reported on recent drilling activity at the company’s Lake Roe gold project east of Kalgoorlie in Western Australia. Breaker Resources said the drilling at the 1.4 million ounce project had continued to extend high-grade gold mineralisation at relatively shallow depths below the Bombora open pit Resource. The diamond […]

Westgold Resources Goes Bareknuckle in Gascoyne Resources Takeover Stoush

THE BOURSE WHISPERER: Westgold Resources (ASX: WGX) called out the Board of takeover target Gascoyne Resources (ASX: GCY) in an announcement this morning comparing its offer against that of Firefly Resources (ASX: FFR). Westgold declared it had received a good deal of incoming positive engagement from shareholders of Gascoyne Resources regarding its intention to make […]

Johann Jacob King Island Scheelite (ASX: KIS) October 2021

King Island Scheelite (AX: KIS) just raised $31M to develop the company’s Dolphin tungsten mine on King Island off Tasmania. KIS executive chairman Johann Jacob zoomed into The Resources Roadhouse to tell Wally Graham how the company raised the cash and how they intend to spend it.

Miramar Resources Reports Strong Gold Hits at Gidji

THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported new aircore drilling results from the company’s 80 per cent-owned Gidji JV project in the Eastern Goldfields region of Western Australia. Miramar Resources said the new results had resulted from aircore holes drilled at the Marylebone, Railway, Piccadilly and 8-Mile targets and have continued to reinforce the […]

Kin Mining Denies St Barbara Before Launching Fund Raiser

THE BOURSE WHISPERER: Kin Mining (ASX: KIN) has shaken off a takeover offer to launch a $13 million raising to progress the next phase of exploration at the company’s 100 per cent-owned Cardinia Gold Project (CGP) near Leonora in Western Australia. Kin Minin revealed it had been subjected to a clandestine non-binding indicative offer (NBIO) […]

Rox Resources Improves Youanmi Deeps Gold Extraction

THE DRILL SERGEANT: Rox Resources (ASX: RXL) with Joint Venture partner Venus Metals Corporation (ASX: VMC) reported on recent metallurgical testwork conducted on the Youanmi Deeps Resource, located within the OYG JV area (Rox 70% and Manager, VMC 30%) in Western Australia. The JV is undertaking development studies into potential future production at the Youanmi […]

Nickel Bulls Pump Bandwagon Tyres

THE CONFERENCE CALLER: Opening Paydirt’s Australian Nickel Conference in Perth this week, Wood MacKenzie principal analyst, nickel Angela Durrant was bullish on the outlook for the forum’s featured metal. With a full house in for the opening session, Durrant opened on fairly safe ground, acknowledging what most in attendance already knew, that being that nickel […]

Trigg Mining Releases Scoping Study for Lake Throssell Sulphate of Potash Project

THE DRILL SERGEANT: Trigg Mining (ASX: TMG) released results of a Scoping Study completed on the company’s 100 per cent-owned Lake Throssell Sulphate of Potash (SOP) project located in the Eastern Goldfields of Western Australia. Trigg Mining explained the Study was underpinned by the upgrade of a portion of the total drainable Mineral Resource to […]