ALL THE NEWS
Vimy Resources bags $30M funding package
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Vimy Resources (ASX: VMY) is set to raise $5 million through a placement of 16.67 million shares at 30 cents per share to Resource Capital Fund. On top of the placement, RCF has also conditionally offered to provide an additional $25 million of funding in the form of a royalty and bridging […]
Cassini Resources heads back to the field
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) is back in the field, kicking off its 2015 exploration program, following the completion of a recent capital raising. The company’s geologists are currently on the Succoth prospect re-logging and re-interpreting historical drill core from over 30 diamond holes to refine the geological model and to gain a […]
Blackham Resources inks $38.5M deal for Matilda
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources (ASX: BLK) is shouting from the roof tops of West Perth with news it has struck an agreement for a $38.5 million Funding Package for the company’s Matilda gold project in Western Australia. The deal has been done with mining-focused investment house Orion Mine Finance. Blackham said the funding should […]
Impact confirms widespread rare PGMs at Broken Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals Limited (ASX: IPT) has received new assay data and undertaken a review of previous results from the company’s Broken Hill Joint Venture project. Impact said the latest results have confirmed the presence of high-grade and rare platinum group metals in a wide arc stretching from the northeast to the southeast […]
Doray Minerals hits high-grades during Wilber extension drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Doray Minerals (ASX: DRM) has completed its first underground diamond drilling program on extensions to the Wilber Lode deposit at the company’s Andy Well gold project in Western Australia. According to Doray the drilling encountered some encouraging high-grade results, which it said has confirmed continuation of high-grade mineralisation below the current mine […]
KGL Resources extends Jervois lead-zinc-copper zones
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: KGL Resources (ASX: KGL) has completed a program of reverse circulation (RC) drilling at the company’s Jervois copper-silver-gold project in the Northern Territory. The company said the drilling has extended high‐grade mineralisation at the project with highlights from the drilling including: Marshall: KJC122 14 metres at 2.53 per cent copper, 0.18 per […]
Sheffield Resources completes Thunderbird PFS
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received the results of a Pre-feasibility Study (PFS) that was carried out on the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in northwest Western Australia. Sheffield said the results from the PFS have confirmed the Thunderbird project will deliver strong cash margins over […]
Note to explorers: Start exploring
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: In what was possibly the most sobering performance at the RIU Sydney Resources Round-up, BDO partner-corporate finance Dan Taylor presented the findings of the company’s latest Explorer Quarterly Cash Position report. For some, reading the report could be as frightening as a Stephen King novel as it produced numbers showing that, compared to […]
Gold Road welcomes Independence group to its share registry
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Being on the ground at the RIU Sydney Resources Round-up enabled The Roadhouse to gain exclusive access to Gold Road Resources (ASX: GOR) management for an inside look at the share buying spree by Independence Group (ASX: IGO). Gold Road share went nuts on Wednesday, which resulted in the company receiving some […]
It’s a long way to the top when the bottom keeps stretching
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: The question most asked on any long journey is, ‘are we there yet?’ which is a good question, especially if you don’t know where it is you’re going. What we should really be asking at present is, does the question maintain its relevance when we’ve been ‘there’ before? According to Far East Capital […]