ALL THE NEWS
Cassini Resources raising $8M to progress Neo-Babel project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cassini Resources (ASX: CZI) announced the raising of $6.5 million via a placement of new shares to institutional and sophisticated investors. The company said the placement, led by Hartleys, had been supported by existing Cassini shareholders, as well as adding a number of new investors to the company’s register. The placement of […]
IMX Resources confirms viability of Chilalo graphite project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IMX Resources (ASX: IXR) has reported the results of a high-level study into the feasibility of various development options for the company’s Chilalo graphite project in south-eastern Tanzania. The study was carried out by Perth-based processing engineering consultancy group BatteryLimits, which reached the conclusion that Chilalo possesses criteria to become a successful […]
Oro Verde scores impressive rock chip results at Topacio
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Oro Verde (ASX: OVL) has received results from a second phase of reconnaissance sampling undertaken at the company’s Topacio gold project in Nicaragua. Oro Verde said the sampling had returned further high-grade results, claiming to have enhanced the potential of the gold and silver mineralised vein system. Reconnaissance rock chip samples collected […]
South Australia maintains exploration PACE
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: South Australia Mineral Resources and Energy Minister Tom Koutsantonis has announced 27 resource exploration projects, which are to share $2 million in grants as part of the State’s Plan for Accelerating Exploration (PACE) Discovery Drilling 2015. PACE is an initiative of the South Australian Government that co-funds selected drilling projects from exploration […]
South Australia leads race to be country’s ‘Home of Graphite’
/in Uncategorized /by Wally GrahamCOMMODITY CAPERS: The South Australia Department of State Development (DoSD) has released a fairly bullish outlook on the potential of the state’s graphite sector. The DoSD’s fondness for graphite mining is being driven by, what it perceives to be, a global growth in demand for the commodity. It cites declarations by the US State Department, […]
South Australia Graphite Operations
/in Uncategorized /by Wally GrahamCOMMODITY CAPERS: The Eyre Peninsula region of South Australia plays host to six graphite projects, all at various stages of development. Operating Mines Uley Graphite Mine – Valence Industries (ASX: VXL) Located 23 kilometres from Port Lincoln, the Uley mine was re-opened in November 2014 after ceasing production in 1993 and is currently the only […]
Argent Minerals drilling potentially increases size of Kempfield
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Argent Minerals (ASX: ARD) has released results from Hole #2, part of a deep diamond drilling program being carried out at the company’s Kempfield project in New South Wales. The drilling is being partly sponsored by the NSW Trade & Investment, Resources & Energy Division. According to Argent, Hole #2 returned intersections […]
Aurelia Metals increases Hera Resource Estimate
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Aurelia Metals (ASX: AMI) has reported an upgrade to the Mineral Resource Estimate at the company’s 100 per cent-owned Hera gold-lead-zinc project in central New South Wales. The JORC Code 2012-compliant Mineral Resource estimate has come in at: 3.2 million tonnes at 3.75 grams per tonne gold, 33.4g/t silver, 3.5 per cent […]
Regal Resources pleased with Kalongwe Scoping Study results
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Regal Resources (ASX: RER) has completed a Scoping Study to assess the technical and economic feasibility of developing a HMS Stage1 – starter project at the company’s Kalongwe project, located in the Katanga Province of the Democratic Republic of Congo to produce a high-grade copper/cobalt concentrate. Source: Company announcement “The […]
Cobre Montana and European Metals strike Cinovec HoA
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has completed a second lithium carbonate test on material from European Metals (ASX: EMH) Cinovec lithium deposit in the Czech Republic. The two companies have declared the results to demonstrate the ability to produce a consistently high-grade lithium carbonate product from the project. Cobre Montana is managing the […]