ALL THE NEWS
Ziggy plays guitar
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Gold Road Resources executive officer Ziggy Lubieniecki announced he will be retiring from his role with the company. He dropped into The Roadhouse to have a chat. Ziggy, it’s hard to believe you have pulled the pin? It’s not really pulling the pin, I’ll still be involved with Gold Road […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.cpscapital.com.au Company: MRL Corporation Limited (ASX: MRF) MRF is making rapid progress towards achieving its strategy of producing high-value graphite from its Sri Lankan projects in the June Quarter of next year. This strategy is underpinned by its ownership of […]
Fund Raising across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: There seems to be enough going on to suggest interest in the resources sector still exists. Next tranche of financing received Cradle Resources (ASX: CXX) announced Tremont Investments has exercised its right to acquire a further 12.5 per cent of the Panda Hill niobium project for a further US$5 million ($5.75m) investment […]
Friday Flashback
/in Uncategorized /by Wally GrahamTHE WEEKLY WRAP: Last Friday the market once again woke up on the wrong side of bed, raising concerns for a fifth straight loss in a row. If the BPF Group of Morgan Stanley were worried they weren’t showing, revealing in its take on the preceding days’ activities by saying, “the move has been relatively […]
Doray and Iluka strike Farm-in Agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Doray Minerals (ASX: DRM) has entered a strategic Farm-in Agreement with Iluka Resources (ASX: ILU). The agreement allows Doray to explore Iluka’s Central and Western Gawler Craton tenement portfolio in South Australia, which Doray says has been virtually unexplored for precious metals. Doray will have the right to earn up to 80 […]
MacPhersons extends mineralisation beyond Nimbus pit design
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) has intersected silver-zinc-gold mineralisation outside the planned stoping designs while drilling at the company’s Nimbus project near Kalgoorlie. MacPhersons said the results could lead to an increase in resources and reserves for the project. MacPhersons completed the drilling in October and subsequently commenced resource modelling of the Boorara […]
Hammer Metals claims new copper-gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Hammer Metals (ASX: HMX) has claimed a new copper discovery at the Scalper prospect in North West Queensland. The discovery came during a recently-completed nine-hole Reverse Circulation (RC) drilling program at the company’s 100 per cent-owned Overlander North, Kalman and Scalper prospects located near Mount Isa. The RC drilling program was designed […]
Raya Group eyes USA Oil and Gas Area of Interest
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Raya Group (ASX: RYG) has announced the acquisition of oil and gas leases within an identified Area of Interest (AOI), in Oklahoma, USA, is currently underway. RYG indicated that through its US subsidiaries, it has entered into agreements over approximately 3,200 gross acres under what it described to be “commercially favourable terms” […]
Australian Mines detects conductor below mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian Mines (ASX: AUZ) claims to have detected a strong late-time bedrock conductor whilst carrying out an ongoing electromagnetic (EM) survey over the company’s Marymia project in Western Australia. The company said the newly identified conductive body lies directly beneath a thick layer of nickel oxide mineralisation it had previously intersected during […]
Senex announces Hornet gas field pre-commissioning for first gas sale
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Senex Energy (ASX: SXY) told the market that the company’s Hornet-1 gas well is in pre-commissioning ahead of first gas sales. Senex has completed a flow test of the Hornet-1 gas well, during which gas flowed to surface at a rate of more than two million cubic feet per day. The well […]