ALL THE NEWS
Admedus announces Canadian CardioCel launch
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Admedus Limited (ASX: AHZ) has been granted a Medical Device Licence in Canada by Health Canada for the company’s CardioCel®. CardioCel is the Admedus Group’s lead regenerative tissue bio-implant and is used in repairing heart defects, including the repair of heart valves. Canada becomes the latest market approval for CardioCel, with the […]
FAR raises $46.7 million
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: FAR Ltd (ASX: FAR) has completed a placement to institutional and sophisticated investors to raise $46.7 million. The raising comes via the issue of approximately 425 million shares at 11 cents each. The capital raising follows the company’s oil discovery in FAN-1, offshore Senegal with its partners Cairn Energy plc, ConocoPhillips and […]
Pryme reaches total depth of first Capitola well
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Pryme Energy (ASX: PYM) announced the first well to be drilled in the company’s Capitola oil project, the Mahaffey Bishop PU 1 in the Sweetwater, acreage block in Texas, has reached its total depth of 6,090 feet (1,856 metres). The company said mud log data collected while drilling, and electric logs run […]
Sovereign Metals releases Duwi Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sovereign Metals (ASX: SVR) has reported the maiden JORC Mineral Resource estimate for the company’s Duwi project in Malawi. Sovereign Metals claimed the Resource has confirmed the project to be one of the largest, high-grade, flake graphite deposits in the world. The total Indicated and Inferred Mineral Resource estimate at Duwi 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. Nimbus project Manager Appointment MacPhersons Resources (ASX: MRP) has appointed Andrew Lawry, a highly-experienced group project manager to lead the design and costings process for the company’s Nimbus silver-zinc-gold project in Western Australia. Lawry will oversee the design […]
Investigator investigates lead-silver system east of Paris
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources (ASX: IVR) has received positive scout drilling and assay results from the Ajax prospect, located within the company’s 100 per cent-held Peterlumbo tenement and 35 kilometres east of the Paris silver project. Investigator said the Ajax prospect is considered to be the western extension of the Menninnie Dam, Weednanna and […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Drilling Commences at Giro gold project Burey Gold (ASX: BYR) has commenced drilling at the Giro prospect in the Democratic Republic of Congo (DRC), with early results expected […]
Phoenix pours first gold at Kintore West
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has completed the first gold pour from the Kintore West open cut, part of the company’s Castle Hill Stage 2 project area on the Kunanalling shear zone in the heart of the Western Australian Goldfields. Phoenix team with first gold bar from the Kintore West mine. Source: […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.fostock.com.au Company: Red River Resources Ltd (RVR: ASX) We visited RVR’s Southern Region project 200 kilometres south west from Townsville. First we observed the Port of Townsville, which is Australia’s largest exporter of copper and zinc, and includes berths operated […]
Friday Flashback
/in Uncategorized /by Wally GrahamTHE WEEKLY WRAP: The week kicked off with what the industry has been waiting for since the GFC – a good old-fashioned opportunistic take over. The danger of having an attractive project in these lean times was highlighted when Orbis Gold (ASX: OBS) received a conditional, non‐binding and indicative proposal from Canadian-based mining house SEMAFO […]