ALL THE NEWS
Carbine Resources Signs Mount Morgan Chinese Offtake Agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Carbine Resources (ASX: CRB) has signed a binding offtake agreement for pyrite production from the company’s developing Mount Morgan gold-copper project in Queensland. Carbine Resources inked the deal with Chinese Trading company IKing International Limited. The agreement with IKing contains a guaranteed floor price for all the pyrite concentrate delivered with a […]
Azumah Resources Strikes Big Dollar Earn-In Deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Azumah Resources (ASX: AZM) has struck a binding Term Sheet deal with Perth-managed private equity group, Ibaera Capital GP Limited. The deal enables Ibaera, to earn in two stages, up to a 47.5 per cent interest for an expenditure of US$13.5 million ~($17M) in the company’s Wa gold project in Ghana, West […]
Kin Mining Lifts Mill Capacity at Leonora Gold Project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kin Mining (ASX: KIN) announced another crucial step towards development of the company’s 100 per cent-owned Leonora gold project (LGP) in Western Australia. Kin Mining has secured an option to purchase a used 2.5 megawatt (MW) ANI-Ruwolt ball mill from Macca-Interquip. The company considers the acquisition of such a key long-lead item […]
S2 Resources Sets Investment Feet in USA and Canada
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: S2 Resources (ASX: S2R) has struck an agreement with TSXV-listed Renaissance Gold to earn in to three of that company’s properties located on some of the major known gold mineralised trends in Nevada, USA. S2 Resources also announced it has made a C$1 million investment in another TSXV-listed company, GT Gold, which […]
Explaurum Raises $4.5M to progress Tampia Gold Project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Explaurum (ASX: EXU) informed the market of the completion of a bookbuild to raise up to $4.5 million through a placement of up to 42.9 million shares at an issue price of 10.5 cents per share. Explaurum said the raising, brokered by Hartleys, involved sophisticated and institutional investors. The company outlined the […]
Middle Island Resources Establishing Neighbourhood Ties
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Middle Island Resources (ASX: MDI) took heart from dispatches by neighbouring gold-hopeful Alto Metals (ASX: AME). Middle Island Resources drew the market’s attention to recent public statements by Alto Metals and a research report commissioned by that company referring to the potential opportunity for Alto to regionally process some of its hard […]
St George upbeat about Mt Alexander Dragon
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: There are three items that exploration companies like to tick off when they announce a new resource-grade discovery, infrastructure and sound economics. By Ron Berryman. These three factors have provided the impetus for St George Mining (ASX: SGQ) following the acquisition of two key tenements from BHP Nickel West in 2016. The […]
Rox Resources and Marindi Metals Settle Reward Dispute
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) announced that Marindi Metals (ASX: MZN) has agreed to discontinue the Supreme Court proceedings it commenced against the company. The court proceedings stem from the sale of Rox Resources’ interest in the Reward project, for which Marindi had originally made an offer. However, under the terms of an […]
Lithium Australia Completes Stage 1 Drilling at Horseshoe
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lithium Australia (ASX: LIT) has completed stage 1 drilling, to test the Horseshoe pegmatite within the company’s 100 per cent-owned Ravensthorpe project in Western Australia. Lithium Australia has drilled twenty-six reverse circulation drill holes ranging, samples from which have been sent for testing, with results currently expected early August 2017. The company […]
Australian Potash Identifies Gold Potential Next Door to Gold Road
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian Potash (ASX: APC) has had a desktop review completed of the company’s Lake Wells project, located at the northern end of the Yamarna Greenstone belt of the Eastern Goldfields Province in Western Australia. Australian Potash is hoping to emulate the feats of its neighbour Gold Road Resources (ASX: GOR), which announced […]