ALL THE NEWS
Mincor Resources Kambalda restructure drops 50 jobs
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Mincor Resources (ASX: MCR) announced a new mining plan for the company’s nickel mines in Kambalda Western Australia, which will result in the loss of around 50 jobs. Workers at the company’s Miitell and Mariners mines will be retrenched of the revised mining plan, which Mincor said was part of a new […]
Peel Mining encounters shallow zinc-lead-silver at Mallee Bull
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Peel Mining (ASX: PEX) has received results from a round of drilling carried out at the company’s Mallee Bull project in central New South Wales. According to Peel the recent drilling at Mallee Bull has intercepted shallow, high-grade zinc-lead-silver mineralisation, including: MBRC018 10 metres at 15.8 per cent zinc, 7.6 per cent […]
Rox Resources continues to sharpen Sabre
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has released further encouraging news from onfoing drilling being carried out at the Sabre prospect on the company’s 100 per cent-owned Fisher East nickel project north of Kalgoorlie in Western Australia. Recent results from the RC and diamond core drilling program at Sabre include: MFEC112 9m at 1.3 […]
Potash West L-Max technology plant commissioned
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Potash West (ASX: PWN) announced the construction of a small processing plant utilising the company’s 25 per cent-owned L-Max process. Potash West is a mineral exploration company focused on developing phosphate and potassium greensand deposits in West Australia’s Perth Basin. As part of this development Potash West, with Strategic Metals (SM), developed […]
Anatolia Energy continues good drill run at Sefaatli
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Anatolia Energy (ASX: AEK) has received initial results from a Phase 2 drilling program being carried out at the company’s Sefaatli uranium project in Turkey. Anatolia said the drilling has continued to intersect up to four stacked lenses, within a number of consistently mineralised horizons at the project’s Deliler prospect. Drilling at […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Government grant to drill Truncheon Red River Resources (ASX: RVR) has received $75,000 in funding from Round Nine (9) of the Queensland Government’s Future Resources Program – Collaborative […]
Greg Jones: Variscan Mines
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Francophile VMS exploration play Variscan Mines (ASX: VAR) watched its share price run rampant this week after it announced initial assays of historic drill core from the company’s Porte-aux-Moines volcanogenic massive sulphide (VMS) deposit in Brittany, France. High-grade intersections from the first hole (PAM5) included: 31 metres at 10.4 per cent […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Metallica Minerals Limited (ASX: MLM) The recently completed initial resource estimation for Metallica’s 60 per cent held (reducing to 50 per cent in a JV with Ozore) Urquhart Point bauxite project supports the company’s plan to develop an […]
The Key Factors Driving Gold: Part 1
/in Uncategorized /by Wally GrahamGAVIN WENDT: Gold continues to defy the skeptics, demonstrating robust price support as we’ve previously advocated around the $1,200 per ounce mark. A host of positive factors are driving gold’s resilience – and most of them aren’t new. US Interest Rate Speculation Speculation regarding the US Federal Reserve’s potential moves on interest rates is the […]
Cobre Montana claims world first lithium breakthrough
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has combined with technology provider, Strategic Metallurgy to announce a breakthrough in lithium extraction technology. In what the company claims to be a ‘world first’, tests carried out on samples from the Lepidolite Hill deposit, located near Coolgardie in Western Australia {80% Cobre Montana and 20% Focus Minerals […]