ALL THE NEWS
Australian Potash Raising $5M to Advance Lake Wells
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Potash (ASX: APC) is to undertake a renounceable rights issue, aiming to raise up to approximately $5.23 million. Australian Potash declared its intentions to undertake a pro rata renounceable rights (or entitlements) issue to eligible shareholders to raise up to $5,229,824, comprising an offer on the basis of three rights shares […]
Northern Minerals Receives Final $1M From Placement
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Heavy rare earths producer Northern Minerals (ASX: NTU) has received the final $1 million in relation to a subscription agreement with Chinese company Liu Xiaohua. Northern Minerals announced the deal in February 2019. The company explained the full placement is for 50 million fully paid ordinary shares in Northern Minerals at an […]
Rox Resources Anoints Ian Mulholland Successor
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) has appointed Alex Passmore to the position of Chief Executive Officer, commencing immediately. Passmore is a qualified geologist with extensive corporate experience and is a well-known identity in the resources sector having been spent over ten years at Patersons Securities in roles such as Director – Corporate Finance, […]
Indiana Resources Inks Mali Gold JV Deal
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Indiana Resources (ASX: IDA) has entered into a non-binding term sheet for a Joint Venture (JV) covering the Lakanfla and Tabakarole gold projects, located in western and southern Mali respectively. Indiana Resources struck the deal with London AIM and Toronto-listed Altus Strategies Plc, that is subject to entering into a definitive agreement, […]
Materials Sector Continues to Lead IPO Listings
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: One the annual highlights of February is the release of the IPO Watch Report from accounting firm HLB Mann Judd. The report outlines the IPO activity for the previous year and is always informative reading, with this year being no exception. According to the report there were 93 new listing to the […]
Genesis Minerals Encounters Thick Shallow Gold Zones
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported recent drilling from the company’s Barimaia Joint Venture gold project in the Murchison District of Western Australia. Genesis Minerals said the drilling had continued to confirm and define a shallow gold mineralisation system with strong open pit potential at the Barimaia JV. The company has received results […]
Galan Lithium Hits Brines with First Drillhole
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Galan Lithium (ASX: GLN) informed the market of its encounter with a substantial intercept of brine from its maiden drillhole at the company’s Candelas lithium brine project, located on the Hombre Muerto salar in Argentina Galan Lithium reported the hole, C‐01‐19, encountered the intercept from depths of approximately 235 metres to a […]
Calidus Resources Grows Warrawoona Gold Resource by 75%
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Calidus Resources (ASX: CAI) announced a substantial increase to its Mineral Resource with a high conversion to Indicated Mineral Resources at the company’s 100 per cent-owned Warrawoona gold project, located in the Pilbara of Western Australia. Calidus Resources has taken the total JORC 2012-compliant Mineral Resource (Measured, Indicated and Inferred) for the […]
Corazon Mining Identifies Mt Gilmore Copper Targets
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Corazon Mining (ASX: CZN) declared the discovery of a major copper-cobalt-silver-gold trend at the company’s Mt Gilmore project in New South Wales. Corazon Mining’s recent exploration activity has resulted in the discovery of multiple, large (plus-1km) priority targets within a major copper-cobalt-silver-gold feature of more than 11 kilometres in strike length, which […]
Carawine Resources Claims Hill 800 Gold Discovery
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Carawine Resources (ASX: CWX) announced results from the first hole of a Phase 2 drilling program at Hill 800 gold prospect, located within the company’s 100 per cent-owned Jamieson project in northeast Victoria. Carawine Resources said the results indicate the discovery of a new gold zone that has the potential to add […]