ALL THE NEWS
EDI finally a reality
/in Uncategorized /by Wally GrahamROADHOUSE COMMENT: There is much speculation at present on the exploration side of the resources sector, especially with the recent passing of the Abbott Government’s Exploration Development Incentive Scheme. The Exploration Development Incentive has been passed – Hurrah, I hear you all cheer, but is it the answer to all our exploration funding dilemmas? With […]
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: Orinoco Gold Limited (ASX: OGX) Orinoco has commenced development of its 70 per cent held, fully permitted Cascavel gold project in Goiás State, central Brazil. Funding has been sourced through an innovative gold sharing financing package, which maintains […]
Crash to Rash to Ash
/in Uncategorized /by Wally GrahamROADHOUSE COMMENT: The crash of the iron ore price continues to cast a shadow of doom across the Australian Share Market. The iron ore price enjoyed a bit of a jump this week, but that may not be enough to save those third and fourth tier companies struggling to maintain a toehold in the marketplace. […]
Metals of Africa hits big lead-zinc grades at Kroussou
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metals of Africa (ASX: MTA) has confirmed high-grade lead and zinc mineralisation from an ongoing exploration program at the company’s Kroussou project in Gabon. The company has encountered grades of up to 9.69 per cent zinc and 33.1 per cent lead with elevated copper and silver hits from the first batch of […]
Blackham Resources hits more shallow extensions at Matilda
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from ongoing drilling at the company’s Matilda gold project in Western Australia. The assay results from RC holes 9 to 14 – part of a 50 hole program – at the Matilda Mining Centre targeted the extensions of the M4 lode. Blackham said the latest […]
Triton Minerals stitches up US$2 billion off-take agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Triton Minerals (ASX: TON) will be sitting back over the Easter long weekend wiping lots of chocolate from a very wide grin. The company’s share price went boom on Wednesday after it announced it has struck a binding off-take agreement with Chinese graphite products specialist Yichang Xincheng Graphite Co., Ltd for Triton’s […]
Impact Minerals to drill new Broken Hill project targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has identified six targets for follow up drilling at the Red Hill prospect within the company’s Broken Hill Joint Venture project in New South Wales. Impact recently announced a discovery of high-grade copper-nickel-platinum group metal (PGM) mineralisation at Red Hill. The six targets – cleverly named T1 to […]
Blackham Resources kicks off Republic Reef drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has welcomed a second RC drilling rig to the company’s Matilda gold project in Western Australia. The rig will be responsible for drilling of an initial 3 hole (1,300 metre) program aimed at following up on seven historical holes to be carried out at the Republic quartz reef. […]
GR Engineering Services appointed as Nova preferred tenderer
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: GR Engineering Services Limited (ASX: GNG) has emerged as Sirius Resources (ASX: SIR) preferred tenderer for the design and construction of a mineral processing and paste fill plant facility for the Nova nickel project located in the Fraser Range, Western Australia. GR Engineering explained its appointment as preferred tenderer was on the […]
Canyon buys its own Cameroon drill rig
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Canyon Resources (ASX: CAY) has purchased an Australian-built, six-wheel-drive Toyota Landcruiser mounted aircore drilling rig to use on the company’s Birsok DSO (direct shipping ore) bauxite project in Cameroon. The purchase has been executed just in time as the company has just completed field preparation work for a planned 3,000 metre drilling […]