ALL THE NEWS
Draig Resources Completes $8M Placement
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Draig Resources (ASX: DRG) completed a fully underwritten placement that received strong support from institutional investors to advance the company’s high-grade Bellevue gold project north west of Kalgoorlie in Western Australia. Draig Resources completed the over-subscribed $8 million placement for 40 million shares at 20 cents per share. The company noted the […]
Renewables Out-generating Fossils
/in Resources Roadhouse, The Conference Caller /by Wally GrahamTHE CONFERENCE CALLER: Delegates at the Paydirt 2018 Battery Minerals Conference in Perth heard that investment in renewable generation has eclipsed investment on fossil fuel generation in recent years. Speaking on day one of the Paydirt 2018 Battery Minerals Conference, Future Smart Strategies managing director, Professor Ray Wills, told punters that since 2016, additions of […]
Western Australia Placed to Benefit from Technology Metal Rush
/in Resources Roadhouse, The Conference Caller /by Wally GrahamCOMMODITY CAPERS: Pundits speaking at the at Paydirt’s 2018 Battery Minerals conference in Perth have painted a rosy future for Western Australia as the country’s centre for battery technology commodity development. Opening Day One of the conference, WA Minister for Mines and Petroleum, Bill Johnston highlighted the state’s potential to become a leader in the […]
Musgrave Minerals Declares Break of Day Deposit ‘Still Open’
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) released further gold assay results from recent extensional diamond drilling undertaken at Break of Day gold deposit within the company’s Cue project in Western Australia. Musgrave Minerals intends following up the results with an aircore drilling program on recently identified near surface targets. The latest drilling consisted seven […]
Venture Minerals Commences Drilling of Greenbushes Lithium Target
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Venture Minerals (ASX: VMS) has commenced drilling at the Odin prospect, located within the Greenbushes Mineral District of Western Australia. Venture Minerals describes the Odin prospect as a, “substantial lithium target” situated just south of the world’s largest hard rock lithium mine that produces approximately 40 per cent of the world’s lithium. […]
Aruma Resources Adds Trojan Gold Project to Slate Dam
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aruma Resources (ASX: AAJ) has struck a binding Sale and Purchase Agreement with Westgold Resources (ASX: WGX), under which it will acquire 100 per cent of the Trojan gold project (ML25/104), located south east of Kalgoorlie in Western Australia. Aruma Resources described the deal as a “strategic acquisition”, saying it expands the […]
Galena Mining Releases World-Class Resource for Abra Lead-Silver Project
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Galena Mining (ASX: G1A) claimed a new world-class Resource at the company’s 100 per cent-owned Abra lead-silver project located in the Gascoyne Region of Western Australia. Galena Mining said the Resource grade and size confirms Abra to be one of the largest undeveloped lead-silver projects in the world. The company indicated the […]
Ardea Resources Updates KNP Cobalt Zone Resource to Over 100Mt
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ardea Resources (ASX: ARL) released an update to the cobalt Resources at the company’s Kalgoorlie nickel project (KNP) in the Eastern Goldfields of Western Australia. Ardea Resources has increased the Resource for the KNP Cobalt Zone to 108.3 million tonnes at 0.10 per cent cobalt and 0.79 per cent nickel. In total […]
Magmatic Resources Acquires Mt Venn Copper-Nickel-Cobalt Project
/in Resources Roadhouse, The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Magmatic Resources (ASX: MAG) has entered into a binding agreement with Montezuma Mining Company (ASX: MZM) to acquire a key landholding at the Mt Venn Intrusion, east of Laverton in WA Magmatic Resources will assume 100 per cent-ownership of E38/2961, an acquisition the company said represents the commencement of a clear and […]
Intermin Resources Updates Anthill Gold Resource
/in Resources Roadhouse, The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Intermin Resources (ASX: IRC) released an updated Mineral Resource Estimate for the company’s 100 per cent-owned Anthill gold project, located northwest of Kalgoorlie in Western Australia. The JORC Code 2012- compliant Mineral Resource for Anthill now stands at 1.42 million tonnes at 1.72 grams per tonne gold for 78,000 ounces of gold […]