ALL THE NEWS
Sheffield raises $17M to progress Thunderbird
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Sheffield Resources (ASX:SFX) has received commitments to raise up to a total of $17.1 million, which will be put towards the completion of a Bankable Feasibility Study (BFS) at the company’s Thunderbird mineral sands project near Derby in Western Australia. The total of $17.1 million (before costs) is being raised through a […]
St George Mining continues gold drilling at East Laverton
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) has completed an initial drilling program on the Bristol gold target, within the company’s 100 per cent-owned East Laverton project in Western Australia. St George has completed seventeen drill holes at the Bristol gold target of RC (reverse circulation) drilling. The company explained that six of the […]
Blackham Resources hits more high-grades at Golden Age
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) managing director Bryan Dixon was looking pleased at the Mining 2016 conference in Brisbane. The company had just announced the latest results from underground drilling at the free milling, quartz vein hosted Golden Age deposit, which forms part of Blackham’s 100 per cent-owned Matilda gold project in Western […]
China to remain top resources sector customer
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Opening the first day of the Mining 2016 Conference in Brisbane, Morgans senior analyst and equity strategist Tom Sartor provided the audience with a dose of optimism for the immediate future. Sartor told us that the light at the end of the recent resources sector tunnel is now shining brighter than it […]
MOD hits further encouragement at T3
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: In the lead-up to MOD Resources (ASX: MOD) managing director Julian Hanna presenting at the Brisbane Mining 2016 conference the company announced further assay results from the Phase 1 resource area at T3. T3 is part of a Joint Venture MOD shares with AIM-listed Metal Tiger (30%) in the Kalahari copper belt […]
Orinoco Gold close to commissioning Cascavel gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Orinoco Gold (ASX: OGX) provided the market with an update on operations at the company’s 70 per cent-owned Cascavel gold mine in central Brazil. Orinoco said plant commissioning at Cascavel is nearing completion as the ramp-up of commercial gold production moves closer. The company declared the commissioning of the Cascavel processing circuit […]
Helix Resources commences new Cobar drill program
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Helix Resources (ASX: HLX) has kicked off a program of diamond and aircore drilling on three gold prospects at the company’s Cobar gold project in New South Wales. Helix has identified a number of gold targets at the Cobar gold project through soil geochemistry and previous drilling, which returned high-grade, near surface […]
Aeris Resources sets sights on organic and strategic growth.
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: By rights, investors should be extremely familiar with Aeris Resources (ASX: AIS), especially in the current environment which is demonstrating an appreciation of developed, producing resource companies. Aeris Resources is Australia’s fifth largest, independent copper producer by volume produced. Its flagship asset is the Tritton Operations, located in New South Wales, which […]
Middle Island eager to apply polish to Sandstone
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: With much love in the air for gold at present it makes perfect sense that a company looking to acquire a project would want one it can bring on stream sooner rather than later. The acquisition of the Sandstone gold project by Middle Island Resources (ASX: MDI) is a case in point. […]
Rox Resources says ‘YES!’ to Marindi Metals 21M Reward offer
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rox Resources (ASX: RXL) has accepted a revised offer from Marindi Metals (ASX: MZN) for the company’s interest in the Reward zinc-lead project. Having fielded a number of competing offers, Rox ultimately accepted Marindi’s revised $21 million offer for Reward. The principal commercial terms of the offer include: Cash of $8 million; […]