ALL THE NEWS

What the Analysts Say

WHAT THE ANALYSTS SAY: This week our team of experts run their eyes over Orion Gold. Website: www.breakawayresearch.com Orion Gold (ASX: ORN) Orion has secured an option to acquire 73.3 per cent of the historic Prieska copper mine, located some 270 kilometres south-west of Kimberley in the Northern Cape Province of South Africa through the […]

Altech Chemicals signs German project financing mandate

THE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) has executed an exclusive mandate with German KfW IPEX-Bank GmbH, a wholly-owned subsidiary of the promotional bank KfW. Under the deal KfW IPEX-Bank will provide Altech advisory and structuring services in relation to the provision of senior debt project financing for the company’s proposed high purity alumina (HPA) […]

Vimy Resources advances Mulga Rock DFS

THE DRILL SERGEANT: Vimy Resources (ASX: VMY) is well into a Definitive Feasibility Study (DFS) in-fill drilling program at the Ambassador, Shogun and Emperor prospects on the company’s Mulga Rock project (MRP) in Western Australia. The drilling program, which is 75 per cent complete, will carry out 523 aircore drill holes and 91 diamond holes. […]

West African Resources encounters encouraging gold hits at Tanlouka

THE DRILL SERGEANT: West African Resources (ASX: WAF) reported high-grade intersections from shallow oxide RC drilling carried out on the M3 prospect, at the company’s 100 per cent-owned Tanlouka gold project in Burkina Faso. Recent shallow RC drilling at M3 returned results including: TAC1068 5 metres at 2.61g/t gold from 9m; TAC1097 13m at 1.77g/t […]

Ramelius Resources scores bonanza gold hit at Mt Magnet

THE DRILL SERGEANT: Ramelius Resources (ASX: RMS) announced a bonanza gold grade intersection from recently completed deeper drilling carried out beneath the shallow oxide Milky Way open pit near Mt Magnet in Western Australia. Ramelius completed ten deep exploration RC drill holes and two RC re-entries at Milky Way targeting along strike, plus up and […]

Sandfire Resources on track with DeGrussa Solar Power

THE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) has installation of the first solar photovoltaic (PV) panels underway as part of the construction of a 10.6 megawatt (MW) solar power station at the company’s 100 per cent-owned DeGrussa copper mine in Western Australia. The $40 million project is to become the largest integrated off-grid solar and […]

Altech Chemicals to locate beneficiation plant in Malaysia

THE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) has taken the decision to locate the beneficiation plant for the company’s proposed high purity alumina (HPA) project in Malaysia. The company is currently undertaking detailed design for the project, located near Meckering in Western Australia, which includes consideration of optimisation opportunities for process flow design, plant layout, […]

Buxton Resources claims confirmation of new nickel province

THE DRILL SERGEANT: Buxton Resources (ASX: BUX) has received final assay results for two diamond core holes it sampled as part of a Phase 2 drill program at the company’s Double Magic nickel-copper project in the West Kimberley region of Western Australia. Drillhole intercepts of greater than three per cent nickel have been returned from […]

Dr Larry Hulbert – Corazon Mining

ONE OFF THE WOOD: Corazon Mining (ASX: CZN) has joined forces with Canadian mafic-ultramafic rock whisperer Dr Larry Hulbert, who’s experience is providing the company with more than 40 years of personal and technical knowledge of the Lynn Lake nickel region. Larry Hulbert is one of Canada’s leading experts on the mineralisation and metallogeny of […]

Alloy Resources looking for buckets of gold at Horse Well

THE INSIDE STORY: It’s no secret that there hasn’t been much joy for the junior end of Resources Town over the past few years. However, there has been a sniff of optimism in the air of late, especially for junior gold exploration companies such as Alloy Resources (ASX: AYR) with the behaviour of the Australian […]