ALL THE NEWS

Sheffield advances Thunderbird Pre-feasibility Study

THE INSIDE STORY: Sheffield Resources has made considerable progress into the Pre-Feasibility Study being carried out at the company’s 100 per cent-owned Thunderbird deposit, located near Derby in northwest Western Australia. Earlier this year Sheffield Resources (ASX: SFX) reported the results of a Scoping Study, which determined Thunderbird to be a world-class, long life mineral […]

Poseidon signs offtake agreement with Nickel West

THE BOURSE WHISPERER: Poseidon Nickel (ASX: POS) has struck a conditional offtake agreement with BHP Billiton Nickel West. The agreement is in the form of an ore tolling and concentrate purchase agreement (OTCPA) for the supply of ore to be mined by Poseidon at Windarra and hauled to Nickel West’s concentrator at Leinster for toll […]

Rumble moves in next door to Vale

THE BOURSE WHISPERER: Rumble Resources (ASX: RTR) informed the market it has submitted two strategic exploration licence applications adjoining the company’s Big Red project and contiguous to new applications made by the world’s second biggest producer of nickel, Vale in the Fraser Range in Western Australia. Rumble reported Vale has recently applied for two license […]

Fund Raising across the Boards

THE FUND RAISER: Always good to see funds raised and then put to good use out in the field. Foster Stockbroking appointed lead manager to raise $5 million Following its announcement to acquire the Mahenge North graphite project and the Mahenge graphite project, Green Rock Energy (ASX: GRK) has appointed Sydney-based investment bank, Foster Stockbroking, […]

What the Analysts Say

WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: Pilbara Minerals (ASX: PLS) Tabba Tabba is a small high-grade deposit with out-cropping mineralisation. The processing plant is being constructed and PLS is fully funded to ship first product before the end of 2014. PLS has an agreement […]

Impact reaches 51% earn-in at Broken Hill JV

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has earned a 51 per cent interest in the rights to nickel-copper-PGE mineralisation from Golden Cross Resources (ASX: GCR) at the Broken Hill Joint Venture project in New South Wales. Impact said it has decided to work towards earning 80 per cent of the metal rights by spending […]

Flinders increases Champion Resource

THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has updated the Mineral Resource at the Champion deposit at the company’s wholly-owned Pilbara Iron Ore Project (PIOP) in the Pilbara region of Western Australia. Flinders completed an infill drilling program at the PIOP this year, which included a substantial amount of new drilling at the Champion deposit. […]

Metallum records high grades at San Sebastian

THE DRILL SERGEANT: Metallum Ltd (ASX: MNE) informed the market the exploration tunnel it is installing at the San Sebastian mine has encountered wide, high-grade copper and gold mineralisation. San Sebastian is part of the El Roble copper project in Chile, where the company has mapped more than 60 kilometres of mineralised veins. Work has […]

Sun completes Jack Howe drilling

THE ROADHOUSE BOWSER: Sun Resources (ASX: SUR) has completed drilling and casing operations at the Jack Howe #1H well location within the company’s Normangee oil project. The company said the results of the analysis of the conventional core recovered from the Lower Woodbine in the Jack Howe #1H vertical pilot well are now available and […]

Peel enters $7M Farm-in with JOGMEC

THE BOURSE WHISPERER: Peel Mining (ASX: PEX) announced that its wholly-owned subsidiary company Peel (CSP) Pty Ltd has entered into a Memorandum of Agreement (MoA) with Japan Oil, Gas and Metals National Corporation (JOGMEC). Under the terms of the agreement JOGMEC may earn up to 50 per cent of certain exploration tenements owned by the […]