ALL THE NEWS
New Standard Energy upgrades Eagle Ford to 2P value
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: New Standard Energy Limited (ASX: NSE) released results from an independent reserves report on the company’s Eagle Ford acreage, which it claims has increased its Proved plus Probable (2P) reserves by 83 per cent, to 4.89 million barrels of oil equivalent (BOE), creating a 2P PV10 value of $72.3 million for its […]
Empire JV granted Red Gully production licences
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Empire Oil & Gas (ASX: EGO), operator of the EP 389 Joint Venture (EGO 76.39%, ERM Power (ASX: EPW) 23.61%), announced the JV has been granted Petroleum Production Licences L 18 & L 19 by the Western Australia Department of Minerals and Petroleum. The licences are over two exploration blocks, which cover […]
Goldphyre takes up Fraser Range residency
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Goldphyre Resources (ASX: GPH) has acquired a ground holding in the Albany Fraser Range Orogen. Known as the Beretta project, the new ground consists of one 350 square kilometre exploration license application 210km east of Kalgoorlie in Western Australia. Regional geology and Beretta project location. Source: Company announcement According to […]
Krucible hits visible copper at Tobermorey
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Krucible Metals (ASX: KRB) has announced the most recent drill hole it has completed at Tobermorey (EL28170) intersected two separate zones of visible malachite and chalcopyrite in a quartz vein host. The tenement is situated just on the Queensland border in the Northern Territory and is located 60 kilometres west of the […]
Rox increases Teena strike length
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has received assay results from an ongoing core drilling program being undertaken at the Teena zinc prospect. The Teena prospect is part of the company’s Reward project, located in the Northern Territory. Reward project tenement plan showing prospect locations. Source: Company announcement Rox claimed assay results […]
Gold Road finds more gold targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has identified two further gold trends hosting six gold anomalies located on the Pacific Dunes‐Corkwood Gold Camp Scale Target in the north of the company’s Yamarna tenement package in Western Australia. Gold Road said the new targets, which have a combined strike length in excess of 25 […]
CSL to acquire Novartis influenza vaccine business
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: CSL Limited (ASX: CSL) has agreed to acquire Novartis’ global influenza vaccine business for US$275 million. The business will be combined with CSL’s subsidiary, bioCSL. The company claims combining bioCSL’s existing influenza vaccine operations with the Novartis business will create the number two global player in the US$4 billion global influenza vaccine […]
Alchemia Phase III trial misses the mark
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Alchemia Limited (ASX: ACL) announced its pivotal Phase III trial of HA-Irinotecan in the treatment of patients with metastatic colorectal cancer (mCRC) did not meet its primary endpoint of statistically significant improvement in progression-free survival (PFS). The Phase III trial enrolled 415 patients across 76 clinical centers worldwide as a randomised, double-blinded, […]
Buxton almost doubles Yalbra graphite Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Buxton Resources (ASX: BUX) has reported an updated JORC (2012) Code-compliant Mineral Resource for the Main Zone at the company’s Yalbra graphite project (Yalbra), located east of Gascoyne Junction in Western Australia. The company said the update had almost doubled the resource estimate for Yalbra, taking it to: 4 million tonnes at […]
KGL hits further high-grade intersections at Jervois
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: KGL Resources (ASX: KGL) has reported further high-grade intersections generated by an ongoing program of in-fill resource drilling at the company’s Jervois copper-silver-gold project in the Northern Territory. Latest results include: JOC206 14 metres at 4.17 per cent copper, 77.1 grams per tonne silver, 1.42 grams per tonne gold from 18m; JOC207 […]