ALL THE NEWS

Korab Resources chairman Andrej Karpinski

ONE OFF THE WOOD: Korab Resources’ (ASX: KOR) 100 per cent-owned Winchester magnesite deposit is located within the company’s Batchelor project, located near the town of Batchelor, some 85 kilometres south of Darwin.   Results from a recently-completed pre-feasibility study have demonstrated the project to possess impressive economics combined with the ability to potentially generate […]

What the Analysts Say

WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Ardiden Limited (ASX: ADV) Ardiden has commenced a drilling program on its recently acquired Manitouwadge flake graphite project, located in Ontario Canada. There has been no previous drilling on this property. As part of Ardiden’s reinvigorated growth strategy […]

Phoenix Gold heaps happy with Heap Leach PFS results

THE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has received results of a Definitive Feasibility Study (DFS) carried out on heap leaching lower grade ore at the company’s Castle Hill gold project near Kalgoorlie in Western Australia. The company reported the DFS has demonstrated improved project economics and strong returns for the project with all in […]

Sunbird signs South African gas sales Term Sheet

THE ROADHOUSE BOWSER: Sunbird Energy (ASX: SNY) received a boost to its plans to commercialise South Africa’s largest proven gas field, Ibhubesi, with the signing of a as Sales Agreement (GSA) Term Sheet with one of Africa’s largest energy suppliers. The company has signed the GSA with Eskom Holdings for the supply of gas to […]

Novogen has anti-cancer drug Anisina potential confirmed

THE ROADHOUSE PHARMACY: Novogen (ASX: NRT) announced it had reached an important milestone in the development of one of the company’s oncology pipeline drug candidates, Anisina (ATM-3507). The company said a recent study has confirmed the concept that comprehensive destruction of a cancer cell’s cytoskeleton can deliver a powerful anti-cancer effect. Novogen explained the cytoskeleton […]

Capital Mining invests heavier into Hemp

THE ROADHOUSE PHARMACY: Capital Mining (ASX: CMY) will have to change its name sooner or later as the company continues its investment in the medical cannabis and hemp based products sector. The company announced its proposed acquisition of United States-based Nutrawerx, a company focused on the development and production of hemp related products and cannabinoid […]

MinQuest strikes Yukon VMS deal

THE BOURSE WHISPERER: MinQuest Limited (ASX: MNQ) has entered into a farm-in Joint Venture agreement with Golden Predator Corp., a company based in Hayden, Idaho. Under the agreement MinQuest has acquired the right to earn up to a 75 per cent interest in the Marg VMS project, located in the central part of the Yukon […]

Platina encouraged by Owendale Scoping Study

THE BOURSE WHISPERER: Platina Resources (ASX: PGM) has received results of a scoping study carried out at the company’s Owendale scandium project by SNC-Lavalin Australia. Platina said the Study results support the economic and technical viability of the project. The Study included the development of capital and operating cost estimates to ±50 per cent accuracy […]

Sheffield PFS improves Thunderbird zinc recoveries

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) is progressing the current pre-feasibility study being carried out on the company’s 100 per cent-owned Thunderbird mineral sands project in northwest Western Australia. The company announced the Study has achieved encouraging results from metallurgical testwork and process engineering. According to Sheffield the recent work has resulted in mproved […]

Blackham Resources extends Matilda gold zones

THE DRILL SERGEANT: Blackham Resources (ASX: BLK) has received results from the latest drilling program carried out at the company’s Matilda gold project in Western Australia. Assay results have come in from the first eight RC holes of a 50 hole program at the Matilda Mining Centre, which targeted the extensions of the M4 lode. […]