ALL THE NEWS
Kin Mining Lodges Leonora Gold Project Works Approval
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kin Mining (ASX: KIN) has lodged approval documentation for Phase 1 of the company’s 100 per cent-owned Leonora gold project located in the North-Eastern goldfields of Western Australia. Kin Mining declared the lodgement to be an important step in its progress towards development and production. Kin lodged a Mining Proposal with the […]
Red Metal JV Partner Commences Emu Creek Drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red Metal (ASX: RDM) announced its Joint Venture partner, Chinova Resources has initiated drilling on the Emu Creek JV in Queensland. Red Metal said the current program aims to drill test three separate electromagnetic conductors on the Little Sandy Creek project located within nune kilometres of Chinova’s Osborne copper and gold mine. […]
Market Interest Kicks In Following Diggers
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Before we trundled off to Diggers & Dealers we pondered what results there would be share price-wise for the companies presenting. Now we don’t pretend to be very scientific here at The Roadhouse, so we were interested in seeing what impact – if any – presenting at the country’s biggest mining forum […]
Mustang Resources Increases Ruby Inventory in Lead-up to Auction
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mustang Resources (ASX: MUS) has increased the ruby inventory at the company’s Montepuez project in Mozambique to 147,052 carats. Mustang Resources said the increase in the ruby inventory is due to previously-reported water shortages having been overcome, enabling the ramp up of the upgraded processing plant to reach its full target rate. […]
Impact Minerals Extends Silica Hill Drill Program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has extended a drilling program currently underway at the high-grade gold-silver discovery at Silica Hill, part of the company’s 100 per cent-owned owned Commonwealth project, north of Orange in New South Wales. Impact Minerals indicated the drilling was extended following the receipt of high-grade silver assays from Hole […]
Encounter Resources Hits High-Grade Gold at East Thompson’s
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced first assay results from a recent RC drill program at the company’s East Thomson’s Dome (ETD) gold prospect in Western Australia. Encounter Resources said the drilling had encountered high-grade gold mineralisation in the first three RC holes of the 18 hole RC drill program that was designed […]
Geopacific Resources Hits Further Gold at Kulumadau
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Geopacific Resources (ASX: GPR) announced results from ongoing development drilling at the Kulumadau deposit of the company’s Woodlark gold project, east of Port Moresby in the Milne Bay Province of PNG. The Woodlark project is a joint venture with Kula Gold (ASX: KGD). Geopacific Resources said the drilling has continued to encounter […]
Australian Potash Raises Funds to Advance Lake Wells and Yamarna
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Potash (ASX: APC) has completed a bookbuild for a placement to institutional, sophisticated and professional investors to raise up to $3 million. Australian Potash said the raising attracted an oversubscribed placement of 30 million fully paid ordinary shares (New Shares) at an issue price of 10 cents. The company announced a […]
Metallica Minerals Secures $2M Standby Credit Facility
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallica Minerals (ASX: MLM) has executed binding agreements with a private company to provide a $2 million standby credit facility. Metallica Metals explained the selection of the private Queensland-based group with interests in property development and resources, follows a competitive tender process the company announced in March. The private company is a […]
Day Three Delivers Some Ups and Some Downs
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: The market greeted Day Three presenters at Diggers and Dealers in a good mood with only a few companies with their toes in negative territory. Strangely enough it was the local gold plays of Gold Road Resources (ASX: GOR), Kin Mining (ASX: KIN) and Metals X (ASX: MLX) who woke up a […]