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Friday Flashback

THE WEEKLY WRAP: As the Abbott Government contemplated the latest outburst from Tasmania’s favourite Mistress of Meddling, Jacquie Lambie, over pay scales for soldiers, the Australian share market demonstrated its penchant for Friday afternoons by once again finishing the week in comfortable style. Surprisingly it was the resources sector leading the way despite iron ore […]

Ironbark takes 50% JV stake of Captains Flat

THE BOURSE WHISPERER: Ironbark Zinc (ASX: IBG) has renegotiated the Joint Venture agreement covering the Captains Flat base metals project in New South Wales. Ironbark is to take on equal joint title of the project and will continue exploration in an equal JV agreement with Glencore. The project comprises one Exploration Licence, which was previously […]

Northern Star claims new discovery at Kundana

THE DRILL SERGEANT: Northern Star Resources (ASX: NST) has claimed to have made another high-grade gold discovery on the company’s 100 per cent-owned tenements at the Kundana project on the outskirts of Kalgoorlie. The company has completed a first round of drilling at the Millennium target, which has returned results of: 15 metres at 6.2 […]

Cobre Montana secures 25 year lithium processing deal

THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has struck new processing licence agreements it considers to have potential to cement Western Australia as a long-term major supplier of lithium into expanding global markets. The agreements will combine Cobre’s mica-based lithium occurrences near Coolgardie, Ravensthorpe and Southern Cross in WA, with a proprietary technology developed and […]

Latin Resources encounters improved mineralisation at Ilo Este

THE DRILL SERGEANT: Latin Resources (ASX: LRS) has received results from the second hole drilled in an ongoing program at the company’s Ilo Este copper porphyry project in Peru. Drill hole IE-JDD-002 has been completed and Latin has assay results for the first 400m of core. The company said the grades of copper show in […]

St George identifies new nickel target at Windsor

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has identified a new EM conductor at the Windsor nickel sulphide prospect within the company’s 100 per cent-owned East Laverton property in Western Australia. The conductor was identified by a downhole electromagnetic (DHEM) survey recently completed at the Windsor prospect , which surveyed drill hole WINRC005. St […]

Canyon receives high-grade results from Birsok drilling

THE DRILL SERGEANT: Canyon Resources (ASX: CAY) has received results from samples from the company’s Birsok bauxite project in Cameroon, which had been assayed for confirmation of available alumina (AvAl) and reactive silica (RxSiO2). The company said the assaying returned encouraging results, which have confirmed previous high-grade total aluminium oxide assays and low level of […]

Bionomics to progress clinical trials

THE ROADHOUSE PHARMACY: Bionomics Limited (ASX: BNO) has announced it intends to accelerate and progress BNC210, for the treatment of anxiety and depression, into further human clinical trials expected to commence before the end of the year. In January 2012 Bionomics entered into a collaboration, research & licensing agreement with Ironwood Pharmaceuticals, Inc, for the […]

Stonehenge completes Protean Wave Energy transaction

THE BOURSE WHISPERER: Stonehenge Metals (ASX: SHE) has executed formal transaction documents and completed an option agreement with Protean Energy Ltd. The option agreement grants Stonehenge an exclusive 24 month global licence and an option to acquire 100 per cent of the equity of Protean Energy Australia Pty Ltd, which holds the intellectual property titles, […]

Sheffield extends high-grade at Thunderbird

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received further high-grade drilling results from the company’s 100 per cent-owned Thunderbird mineral sands project, located near Derby in Western Australia. The results are from extensional drill holes drilled during the company’s 2014 aircore drilling program and include: Up-dip Extension THAC484 36 metres at 10.3 per cent […]