ALL THE NEWS
St George extends Windsor nickel zone
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: St George Mining (ASX: SGQ) has received assay results for Phase 2 of a 2014 drilling campaign at the Company’s 100 per cent-owned East Laverton property in Western Australia. St George said the results have confirmed numerous intersections of nickel sulphide and base metal mineralisation. At the Windsor nickel sulphide prospect, four […]
WHL Responds to Tap withdrawal
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: WHL Energy (ASX: WHN) responded to the announcement from Tap Oil (ASX: TAP) that the latter has elected not to proceed with an option to acquire an initial 10 per cent interest in the WHL Energy-operated VIC/P67 permit off the coast of Victoria. Under the terms of the 18 September 2013 agreement, […]
Why OPEC can win the battle against US shale
/in Uncategorized /by Wally GrahamGAVIN WENDT: The current stoush between ‘Sheikh and Shale’ (as The Economist has brilliantly described it) presents the ideal opportunity for an examination of the economics (or otherwise) of shale oil production. I’ve been a long-time skeptic of the hype surrounding shale oil, as it is high prices over the past few years that have […]
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: TNG Limited (ASX: TNG) TNG has made considerable progress towards finalisation of the BFS and commercialisation of its Mount Peake vanadium-titanium-iron project in the Northern Territory of Australia. Key recent advancements include the signing of a number of […]
Sandfire blazes Solar Power trail
/in Uncategorized /by Wally GrahamTHE CLEAN ENERGY CAFE: It’s been a long time coming but at last a mining company operating in the middle of one of the most sun-drenched landscapes in the world is embarking on a solar-power initiative. Sandfire Resources (ASX: SFR) has signed an agreement with juwi Renewable Energy to construct a 10.6 megawatt (MW) solar […]
Tap Oil walks away from Otway Basin Farm-in
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Way back in September 2013 Tap Oil Limited (ASX: TAP) announced it had executed an agreement with WHL Energy Limited (ASX: WHN) for an option to acquire an initial 10 per cent interest in exploration permit Vic/P67 in the offshore Otway Basin. Under the terms of the agreement, Tap purchased an option […]
Cobre Montana metallurgy contributes to Cinovec Resource upgrade
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has claimed its metallurgical processing technique has been a major contributor to a recent Resource upgrade at the Cinovec tin-lithium project in the Czech Republic. Cobre said the test processing methods it had employed on the combined tin-lithium project contributed to a major upgrade of the project’s resource […]
IMX confirms high-grade graphite at Chilalo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has received final assay results from diamond drilling completed last year at the company’s Chilalo graphite project in south-east Tanzania. The company claims the results reinforce the potential for a sizeable graphite resource at Chilalo as the diamond drilling results correlate with those from a twinned Reverse Circulation […]
Phoenix Gold raises $5M in Share Placement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has provided some optimism to the smaller end of town with the completion of a Placement of 50 million shares at 10 cents per share to raise $5 million. Any raising, let alone one for $5 million, has been a difficult task for some of the company’s contemporaries […]
Musgrave Minerals granted Mamba Exploration licence
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has been granted the Exploration Licence (E28/2405) within the company’s wholly-owned Mamba project in the Fraser Range. The Mamba nickel-copper project is located in the same belt as the Nova-Bollinger nickel-copper sulphide discoveries of Sirius Resources (ASX: SIR) in south-eastern Western Australia. Mamba project location. Source: Company […]