ALL THE NEWS
Fund Raising across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Always good to see funds raised and then put to good use out in the field. Share Placement to raise $2 million Regal Resources (ASX: RER) has signed a commitment with an affiliate of Toronto-based Sprott Inc. to raise $2 million via a share placement at 5c per share with accompanying one […]
Encounter encouraged to continue drilling at Millennium
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced recently conducted RC drilling has confirmed the presence of highly-elevated, end of hole zinc mineralisation at the Millennium prospect, located within the company’s the Yeneena project of Western Australia. The millennium prospect sits 2.5 kilometres south-east, and along strike, of the BM2 prospect where Encounter discovered massive […]
Dacian confirms larger gold system at Westralia
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dacian Gold (ASX: DCN) has received results from a widely-spaced reconnaissance diamond drill program at the company’s Mt Morgans gold project, located in the Laverton District of Western Australia’s North Eastern Goldfields. The drilling was designed to test for Banded Iron Formation (BIF) hosted gold mineralisation along strike of, and below, the […]
Cassini claims new Nebo discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) has claimed discovery of new lode of high‐grade mineralisation at the Nebo deposit within the company’s 100 per cent-owned West Musgrave project in Western Australia. Cassini declared the latest assay results from Nebo have demonstrated immediate success from the first hole drilled beyond the current Resource area, CZC0024, […]
Northern Minerals increases Browns Range Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Minerals (ASX: NTU) has increased the JORC-compliant, heavy rare earth (HRE) Mineral Resource estimate for the company’s Browns Range project in northern Western Australia. The Total Mineral Resource at the Browns Range project is now estimated at 8.47 million tonnes at 0.62 per cent total rare earth oxides (TREO) comprising 52,372,000kg […]
Biotron announces fully-underwritten Rights Issue
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Australian drug development company Biotron Limited (ASX: BIT) has announced a fully underwritten renounceable rights issue to raise $4.1 million. Net proceeds, in conjunction with existing cash reserves, will be used: To complete the current Phase 2 trial that is in progress (BIT225-008 – HCV genotypes 1 and 3 trial for 3 […]
Cradle confirms high-grade zone at Panda Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cradle Resources (ASX: CXX) has received assay results from the latest drilling carried out at the company’s Panda Hill niobium project in Tanzania. The drilling consisted two diamond and 11 RC holes of the Phase 1 drill program at Panda Hill. Cradle said its first stage of drilling activities is now complete, […]
Metallum achieves best ever copper result at El Roble
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metallum (ASX: MNE) has completed follow-up sampling at the San Sebastian exploration tunnel, part of the company’s El Roble copper project in Chile. Metallum claims the recent work has returned high-grade copper and gold results including: 0.55 metres at 35 per cent copper and 4.29 grams per tonne gold; 0.5m at 18.55 […]
Talon tests result in 986 boepd at Quintanilla Well
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Talon Petroleum (ASX: TPD) achieved an Initial Production test of 986 barrels of oil equivalent per day (boepd) from the company’s Quintanilla OL 1H well, part of the Mosman Rockingham (MR) Olmos sand horizontal oil play located in McMullen County, South Texas. The well was connected to well test equipment for flow […]
Bionomics BNC105 data published in peer reviewed journal
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: Bionomics Limited (ASX: BNO) has had a research paper describing the utility of combining the company’s BNC105 with FDA approved anti-cancer targeted therapies accepted in the peer reviewed scientific journal Cancer Biology & Therapy. Bionomics claimed its data shows BNC105 treatment selectively induces a low oxygen state in tumours (hypoxia). During this […]