ALL THE NEWS

Progen completes PG545 second patient cohort assessment

THE ROADHOUSE PHARMACY: Progen Pharmaceuticals (ASX: PGL) has completed assessment of the second patient cohort in the company’s PG545 Phase 1 clinical trial. Progen said it had, in conjunction with with an independent medical monitor and the co-ordinating investigators, reviewed the safety data from this cohort and all involved have agreed to progress to the […]

Gruyere maiden promises more to come

THE INSIDE STORY: When you want to stand out in a crowd of your peers it is always wise to make an announcement that will pull the maximum amount of focus in your direction. That’s exactly what Perth-based gold exploration play Gold Road Resources (ASX: GOR) did at the 2014 Diggers & Dealers Forum in […]

Elvis has left the building

THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Appointment of Chief Operating Officer Red River Resources (ASX: RVR) has appointed Mel Palancian as the company’s new chief operating officer and executive director. Palancian has over 20 years experience in the mining industry with his most recent […]

Investigator encouraged by latest assays from Paris drilling

THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has received initial results from the recommencement of drilling around the company’s 100 per cent-owned Paris silver project on South Australia’s Eyre Peninsula. The company reported the first batch of assays have shown silver intersections in a step-out program around Paris and the first copper hits as well […]

Hi Ho, Hi Ho, it’s off to work we go

THE 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. $125,000 co-funding for drilling program Impact Minerals (ASX: IPT) is to receive $125,000 under the New South Wales State Government’s Co-operative Drilling Funding Program. The cash will help […]

Rhinomed signs up Japanese distributor

THE ROADHOUSE PHARMACY: Rhinomed (ASX: RNO) has struck a distribution agreement with Japanese sporting goods wholesaler, Trisports to distribute the company’s Turbine® range of technologies into the Japanese cycling, triathlon and sporting goods retail sector. The result of the deal is that Trisports is to be appointed as the Japanese wholesale distributor for the growing […]

AWE claims new onshore gas discovery in WA

THE ROADHOUSE BOWSER: AWE Limited (ASX: AWE), as Operator of the L1/L2 Joint Venture, announced initial Contingent Resource estimates for the Waitsia discovery (formerly Senecio Deep) located in the north Perth Basin. After initial analysis of data from the Senecio-3 well, and the existing 3D seismic, AWE has estimated the Kingia/High Cliff Sandstone intervals in […]

What the Analysts Say

WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company:  Volta Mining (ASX: VTM) Volta Mining (ASX: VTM) has a quality iron ore exploration portfolio located within highly-prospective regions of the Pilbara region of Western Australia. A recently completed ‘stage-1’ RC drill program has identified significant widths of […]

Fund Raising across the Boards

THE FUND RAISER: A mixed bag of methodology on the fund raising front this week. Placement & SPP Valence Industries (ASX: VXL) has received commitments from Institutional and sophisticated investors for a placement of new shares to raise $12 million (before costs) at an issue price of 70 cents per share. A Share Purchase Plan […]

Cobre and Focus strike lithium-rare metals venture

THE BOURSE WHISPERER: Cobre Montana (ASX: CBX) announced the commencement of the Coolgardie Rare Metals Venture (CRMV) – a joint initiative with Focus Minerals (ASX: FML). The CRMV plans to evaluate lithium and rare metals (cesium, rubidium, gallium, tantalum, and niobium) within 20 prospecting licenses and two mining leases located to the south of Coolgardie, […]