ALL THE NEWS
Vimy Resources granted new Mulga Rock Mining Leases
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has picked up two new Mining Leases to progress the development of the company’s Mulga Rock project in Western Australia. Vimy Resources explained the new Mining Leases (M39/1104 and M39/1105) replace the previous Mining Leases M39/1080 and M39/1081, whichhad been originally granted in July 2012, and have since […]
S2 Resources intersect narrow high-grade gold at Monsoon
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: S2 Resources (ASX: S2R) has received results from two diamond holes drilled at the Monsson prospect, part of the company’s Polar Bear project, located between Higginsville and Norseman, in Western Australia. S2 Resources said the latest drilling was carried out to twin original high-grade gold intercepts encountered in RC holes SPBC0313 and […]
Sayona Mining encounters wide hits of Canadian lithium
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sayona Mining (ASX: SYA) released assay results from the first diamond drill holes carried out at the company’s Authier lithium project in Quebec, Canada. The first two diamond drill holes intersected high-grade spodumene mineralisation, including: Hole 1: 62 metres at 1.35 per cent lithium dioxide (Li2O) from a downhole depth of 12m, […]
Rox Resources acquires Collurabbie nickel-gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) followed up the sale of its Reward project interest with the acquisition of 100 per cent of the Collurabbie project tenements, located 500 kilometres north of Kalgoorlie in Western Australia from Falcon Minerals (ASX: FCN). The project tenements are situated 70km due east of Rox Resources’ Fisher East […]
Breaker Resources drilling links Lake Roe discoveries
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Breaker Resources (ASX: BRB) has encountered more wide, shallow, high-grade gold mineralisation from reconnaissance reverse circulation (RC) drilling at the company’s Lake Roe project, 100 kilometres east of Kalgoorlie. Breaker Resources claims the drilling effectively links the Bombora and Bombora North discoveries, establishing a continuous 2.2km-long zone of gold mineralisation that is […]
Nickel Bull challenges Market Matadors
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Addressing the Paydirt 2016 Australian Nickel Conference in Perth, Alto Capital senior analyst Carey Smith gave the audience plenty to think about. A long-time believer in nickel, Smith declared his thoughts on nickel’s prospects by forecasting a nickel price outlook from a low of US$17,400 per tonne to a mid-range of US$23,100 […]
Nickel-based M&A activity an indicator the sector is on the rise
/in Uncategorized /by Wally GrahamNickel-based M&A activity an indicator the sector is on the rise THE CONFERENCE CALLER: Australia’s nickel miners have been doing it pretty tough of late, however according to PCF Capital Group managing director Liam Twigger, there are positive signs the sector is on the rebound. Twigger was addressing the opening session at the Paydirt 2016 […]
Rox Resources set to bank around $20.6M after sale of Reward Project interest to Teck
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) informed the market that it had received confirmation from Teck Australia it would be exercising its pre-emptive right to purchase of Rox’s minority interest in the Reward zinc project in the Northern Territory. By signalling its intention to do so, Teck took out a previous offer Rox had […]
Cassini Resources and OZ Minerals commence West Musgrave work program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) has commenced work programs with OZ Minerals (ASX: OZL) on the West Musgrave project JV (WMP), located in Western Australia. The initial earn-in will see OZ Minerals commit up to $3 million on further scoping studies as well as test a number of regional exploration targets over a […]
Blackham Resources completes first gold pour at Matilda
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources (ASX: BLK) completed the first gold pour at the company’s 5.1 million ounce Matilda gold project near Wiluna in Western Australia. The milestone was achieved 16 months after the company completed the Orion funding deal, during which time the company completed a preliminary and a definitive feasibility study, obtained mining […]