ALL THE NEWS
Geopacific Resources encounters new gold zone at Kou Sa
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Geopacific Resources (ASX: GPR) has claimed to have confirmed a new gold zone at the company’s Kou Sa project in Cambodia. The company has intercepted gold mineralisation when drilling the first of a program of diamond holes into the project’s Prospect 190 gold geochemical anomaly, which corroborated earlier soil geochemistry that suggested […]
Phoenix Copper scores further high grade assays at Mount Bonnie
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Phoenix Copper (ASX: PNX) reported assay results from three reverse circulation (RC) holes drilled at the company’s 100 per cent-owned Mount Bonnie deposit, located within the Hayes Creek project in the Pine Creek region of the Northern Territory. The company said the latest results demonstrate grade and continuity within the deposit along […]
Ever Wondered How Do The Analysts, Analyse? Part 1
/in Uncategorized /by Wally GrahamWHAT ANALYSTS SAY: Breakaway Research provides an insight into the thought processes behind Resource Industry Analysis. How often have you heard a company representative say ‘we are undervalued with respect to our peers’? It is a comment we hear a lot as analysts, and the company may well be undervalued as compared to its peers […]
Ever Wondered How Do The Analysts, Analyse? Part 2
/in Uncategorized /by Wally GrahamWHAT ANALYSTS SAY: Breakaway Research continues its insight into the minds of Resource Industry Analysts. The next case to discuss is comparing companies with defined resources. Exploration and Development Companies with Defined Resources Here we will look at two recent notes – Anova Metals (ASX: AWV), a pure gold play, and Avalon Minerals (ASX: AVI), […]
Southern Gold approves Cannon gold mine go-ahead
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Southern Gold (ASX: SAU) announced formal approval of Stage 1 Open Pit mine schedule and budget for operations at the company’s Cannon gold mine, located east of Kalgoorlie in Western Australia. “With all key regulatory approvals in place (and pastoral lease access agreement imminent), mine schedule and budget agreed, and with the […]
Rox identifies new Fisher East conductors
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has continued its run of promising exploration results from the company’s Fisher East nickel project, north of Kalgoorlie in Western Australia. Rox recently completed an airborne Versatile Time Domain Electro-Magnetic (VTEM) survey along strike and to the south of the Camelwood and Musket nickel sulphide deposits at Fisher […]
Red River identifies feeder zones with first Wattle Tree drillhole
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Red River Resources (ASX: RVR) has intersected disseminated and stringer, zinc-lead-copper sulphide mineralisation with the first exploration drill hole (TH665) at the company’s Wattle Tree prospect. The Wattle Tree prospect is part of the company’s Thalanga zinc project, located west of Charters Towers in North Queensland. Red River claims TH665 has confirmed […]
Oro Verde samples high-grade gold at Topacio
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Oro Verde (ASX: OVL) announced it has encountered additional areas of high-grade gold from a reconnaissance sampling program underway at the company’s Topacio gold project in southeastern Nicaragua. The company said its recent reconnaissance covered multiple veins located outside of the Topacio resource area: Including the West Mico, Gallina, Chicago and Celedonio […]
Lithium Australia’s disruption leading to lithium eruption
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Lithium Australia (ASX: LIT) makes no apologies for developing a new, disruptive hydrometallurgical process for the production of lithium carbonate from micas. Lithium Australia managing director Adrian Griffin prides himself on his good manners; however, his enthusiasm for the disruptive qualities of the company’s technological breakthrough might just result in more […]
David Flanagan back in the MD chair at Atlas Iron
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Atlas Iron (ASX: AGO) waited until the death knock of trading last night to announce the return of prodigal managing director David Flanagan to the top job. Ken Brinsden is to stay on the Board moving from his current managing director role to executive director and non-executive director, while the Hon. Cheryl […]