ALL THE NEWS
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. Second drill rig to accelerate drilling program Hot Chili (ASX: HCH) has an extensive drilling program underway to grow Mineral Resources and Ore Reserves at the company’s Productora […]
Dart metallurgy tests revive Unicorn
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Dart Mining (ASX: DTM) claims to have turned around the fortunes of the company’s Unicorn deposit, located near Corryong in Victoria. Dart has approached Unicorn from a different perspective, utilising metallurgical test work, which it says has demonstrated the ability to produce saleable concentrates of both copper and molybdenum across the Unicorn […]
Parmelia works-up Dunnsville potential
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Parmelia Resources (ASX: PML) outlined the progress it has made at the company’s 100 per cent-owned Juardi Hills nickel-sulphide project, located 50 kilometres north-west of Coolgardie in Western Australia. The company has received results of independent analysis of legacy GEOTEM airborne electromagnetic data, historic rock chip data and surface samples, which it […]
121 Mining Investment – Hong Kong
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Anybody interested in meeting with mining companies and resource-focused investors in October should be booking flights to Hong Kong right now. Hong Kong, China’s international gateway city is to be the host city for the first natural resources event of the 121 Group. The – 121 Mining Investment – conference, to be […]
Fund Raising across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Some renewed vigour provided a bit of spark to the Fund Raising front this week. Completion of Share Placement Echo Resources (ASX: EAR) has completed a placement of approx. 6.36 million fully paid ordinary shares at 11 cents per share to raise $700,040 before costs. The shares have been placed to sophisticated […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Kibaran Resources (ASX: KNL) Kibaran is an ASX-listed graphite explorer and developer, concentrating efforts in Tanzania. Its key project is the Epanko graphite deposit, within the broader Mahenge project area. Having recently completed a Scoping Study, activities are […]
IMX agrees to sell Mt Woods tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: IMX Resources (ASX: IXR) has entered into an agreement with Perth-based private company Cu-River Mining Australia to sell its 100 per cent-owned Mt Woods tenements in South Australia for cash proceeds of $3.68 million. IMX said the sale of the Mt Woods tenements would enable the company to extinguish a $3 million […]
Doray JV hits gold structure at Horse Well
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Doray Minerals (ASX: DRM) has reported the completion of a diamond drill hole at the Horse Well Joint Venture project in the North East Yilgarn of Western Australia. Doray signed a farm-in Agreement with Alloy Resources (ASX: AYR) in May over the Horse Well gold project. The diamond drilling (ACDD001) was completed […]
Senex agrees to gas asset swap with QGC
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Senex Energy (ASX: SXY) has agreed a Surat Basin gas asset swap with the PL 171 and ATP 574P joint venture partners (QGC JV). Under the terms of the Tenement Transfer Agreement, Senex will transfer its minority interest in eastern Surat Basin permits PL 171 and ATP 574P to the QGC JV […]
Flinders Mines increases Eagle deposit Indicated Resource
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Flinders Mines (ASX: FMS) has released an update to the Mineral Resource for the Eagle deposit within the company’s wholly-owned Pilbara iron ore project (PIOP) in the Pilbara region of Western Australia. Location of the Eagle deposit within the broader Pilbara iron ore project (PIOP). Source: Company announcement The updated […]