ALL THE NEWS
Rift Valley confirms extension at Kitongo gold project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rift Valley Resources (ASX: RVY) has received results from RC drilling carried out at the company’s Kitongo gold project in Tanzania. According to the company the RC drilling program intersected strong zones of gold mineralisation at Kitongo. The drilling consisted a fourteen hole program, which Rift Valley explained was the first drilling […]
Berkeley encounters high grades at Zona 7
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Berkeley Resources (ASX: BKY) has received a second set of results from the 2014 drilling program conducted at Zona 7, the largest of the Retortillo satellite deposits and part of the company’s Salamanca project in Spain. Zona 7 currently hosts an Inferred Mineral Resource Estimate of 3.9 million tonnes averaging 414 ppm […]
FAR hits second Senegal oil discovery
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: FAR Ltd (ASX: FAR) has claimed a second oil discovery offshore Senegal in West Africa in the company’s SNE-1 well. FAR said the SNE-1 well has discovered a 95 metre gross oil bearing column with net oil pay zone thickness of 36 metres in Albian aged sandstones which display reservoir potential. High […]
Gold Coast Investor Showcase closer than Christmas
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Queensland-based investors are in for an early Christmas bonus with the Vertical Events Gold Coast Investor Showcase to be held at the QT Hotel Gold Coast, Surfers Paradise on 2 December. The Gold Coast Investor Showcase has been a regular calendar fixture since 2007 and is renowned as a forum for investors […]
Target reports more oil flows at Fairway project
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: US-focused oil and gas producer Target Energy (ASX: TEX) has provide the market with an update regarding operations for the company’s Fairway project in West Texas. In Glasscock County, Ballarat 185 #1 (Target: 50%) was put on pump on 5 November. Initial production in the following three days averaged 117 barrels of […]
PharmAust given go-ahead to continue Human Cancer Trial
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: PharmAust Limited (ASX: PAA) has received formal approval from the Royal Adelaide Hospital Research Ethics Committee to continue with its trial with PPL-1 in late stage human cancer patients. The company said principal investigator, Professor Michael Brown with support from CMAX will re-initiate screening to identify patients for the trial. It has […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of new Chairman and Director Elemental Minerals (ASX: ELM) announced the appointments of Tom Borman as the new chairman of the Board and Mike Golding as a non-executive director. Borman will replace Sam Middlemas who will remain […]
Corazon to increase Canadian nickel footprint
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Corazon Mining (ASX: CZN) has finalised terms for the acquisition of the Victory nickel project in the Lynn Lake Nickel-Copper Field, in the central Canadian province of Manitoba. Corazon is to acquire the Victory project from TSX-listed Victory Nickel. The Victory project is located immediately adjacent to Corazon’s Lynn Lake nickel project. […]
IMX intersects high-grade flake graphite at Chilalo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has intersected high-grade graphite at the Chilalo project located on the company’s Nachingwea Property in Tanzania. IMX had sent off selected samples for expedited analysis after identifying potential for high-grade mineralisation. These preliminary assays were from recent Reverse Circulation (RC) drilling IMX had undertaken at one of the […]
Heron confirms potential of Kate Lens
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Heron Resources (ASX: HRR) has received the first assay results from a drill program currently underway at the company’s 100 per cent-owned Woodlawn zinc-copper project in New South Wales. Heron said the latest results have confirmed the high-grade tenor of the Kate Lens mineralisation. Recently received results include: WNDD0002 8.8 metres at […]