ALL THE NEWS
Galaxy Resources and General Mining form big lithium merger
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Galaxy Resources (ASX: GXY) and General Mining Corporation (ASX: GMM) have entered into a definitive Takeover Bid Implementation Agreement to merge the two companies. Under the agreement Galaxy will acquire all of the issued shares of General Mining that it does not already own in a share based transaction by way of […]
Carpentaria Exploration signs up Chinese customer for Hawsons iron ore
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Carpentaria Exploration (ASX: CAP) has signed a non-binding letter of intent (LOI) with independent commodities trading house Gunvor Singapore for the purchase of one million tonnes per annum (mtpa) of Supergrade from the company’s 62 per cent-owned Hawsons iron project. Carpentaria explained the new LOI targets supply to smaller Chinese steel mills. […]
Lithium Australia earns 25% of Electra JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithium Australia (ASX: LIT) announced it has earned a 25 per cent stake of the Electra joint Venture in Mexico with TSX-listed Alix Resources (TSX: AIX). Lithium Australia indicated work was ongoing at the Electra project to explore and develop projected extensions of the Sonora lithium clay deposit at the project. In […]
Impact Minerals kicks off new drilling at Commonwealth
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals has commenced a drill program at the company’s 100 per cent-owned Commonwealth project, located 95 kilometres north of Orange in New South Wales. The program will comprise reverse circulation (RC) and diamond drilling and is to test a number of targets Impact has identified at four prospects: the Commonwealth deposit, […]
S2 Resources achieving early exploration success
/in Uncategorized /by Wally GrahamTHE INSIDE STORY: S2 Resources (ASX: S2R) emerged from the merger of Sirius Resources and Independence Group (ASX: IGO) in October 2015. In the ensuing six months S2 Resources has made substantial headway in establishing its credentials as a serious exploration play. With around $17.8 million in the bank, the company’s exploration ambitions are well-funded, […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Breakaway Research has released coverage on TNG Limited and Orinoco Gold. Website: www.breakawayresearch.com Company: TNG Limited (ASX: TNG) TNG has continued to progress the key Mount Peake vanadium-titanium-iron project with the signing of a number of additional agreements relating to offtake, financing, development and permitting. These build on previous agreements. Of […]
Genesis Minerals signs toll treatment deal with Eastern Goldfields
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Genesis Minerals (ASX: GMD) has struck a Memorandum of Understanding (MoU) with Eastern Goldfields (ASX: EGS). The deal is in regards to the toll treatment of high-grade gold ore from former’s 100 per cent-owned Ulysses gold project, located between Leonora and Kalgoorlie in Western Australia). The MoU will result in batch treatment […]
St George Mining to commence gold drilling at East Laverton
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) is about to kick off a major drill program designed to test priority gold targets at the company’s 100 per cent-owned East Laverton project in Western Australia. The company explained a program of reverse circulation (RC) drilling is planned in the first phase of this gold‐focused drill […]
Doray to run aeromag survey over Mithril gold target
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mithril Resources (ASX: MTH) announced its exploration partner at the Duffy Well gold project, Doray Minerals (ASX: DRM), is to carry out a high-resolution aeromagnetic survey to better define two existing gold targets ahead of a program of RAB / aircore drilling, planned for the September 2016 Quarter. Duffy Well (EL51/1649) is […]
Gascoyne Resources drilling and advancing Feasibility Study
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) provided an update on exploration and Feasibility Study activities being carried out at the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. Gascoyne Resources recently completed a Pre-Feasibility Study on the Dalgaranga project, which determined a robust development case for the project. […]