ALL THE NEWS
Rox encounters more high-grades at Musket
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: It’s probably fair to say representatives of Rox Resources (ASX: RXL) will have a spring in their collective step at Diggers & Dealers next week. The company has announced an encounter with further massive high-grade nickel sulphide intersections from recent Reverse Circulation (RC) drilling carried out at the Musket prospect. Musket forms […]
Gold Road receives final Gruyere drill out numbers
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: It will be interesting to see what Gold Road Resources (ASX: GOR) has to say in its presentation slot at Diggers & Dealers next week. The company has received the remaining gold assays from resource definition drilling on the Gruyere deposit. Gold Road said it is compiling the final assay information in […]
Trafford set to acquire Colombian gold-silver-copper project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Trafford Resources (TRF: ASX) has entered an option agreement to acquire the Rancheria project, located in the Caribbean coastal state of La Guajira in Colombia, South America. As well as the Rancheria project, Trafford, in conjunction with its local partners, has applied for a further nine concessions, located in what the company […]
West African pleased with Mankarga 5 Scoping Study
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: West African Resources (ASX: WAF) has received the results of a Scoping Study of a heap leach starter project on the company’s Mankarga 5 project, located in Burkina Faso. The scoping study was based on annual throughput of 1.6 million tonnes per annum, which the company explained was in line with the […]
MRG expands Queensland copper portfolio
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: MRG Metals (ASX: MRQ) has expanded its portfolio of Queensland copper exploration tenements. The company has been granted the two remaining licence applications EPM19470 and EPM19471 within the Mount Isa block in Queensland. MRG Queensland IOCG projects. Source: Company announcement The company said the two blocks, plus its current licence […]
Cleveland and Orinoco strike Brazilian agreement
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cleveland Mining Company (ASX: CDG) has signed a Mining Heads of Agreement with fellow Brazil-focused gold company Orinoco Gold (ASX: OGX). Under the arrangement, Cleveland will assist Orinoco in mining, extracting, processing and selling gold ore from Orinoco’s 70 per cent-owned Cascavel project, with the material to be transported and processed at […]
Kibaran encouraged by final Epanko results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has received further encouragement from the final batch of assay results from recent Reverse Circulation (RC) drilling at the company’s Epanko deposit within the Mahenge graphite project in Tanzania. The company reported all the latest drill holes have intersected high-grade, premium large flake graphite mineralisation, with the majority […]
Capital-raising tool widens the pool of potential investors
/in Uncategorized /by Wally GrahamASX BookBuild gives resource companies undertaking a placement or IPO an additional tool that optimises price discovery, allows all investors to participate, and improves governance outcomes. Endorsed by the Association of Mining and Exploration Companies (AMEC), ASX BookBuild is one of the most important financial market innovations in recent years. This revolutionary capital raising tool […]
Hillgrove gets government nod for Kanmantoo extension
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hillgrove Resources (ASX: HGO) has had a Program for Environment Protection and Rehabilitation (PEPR), Life of Mine plan at the company’s Kanmantoo copper mine in South Australia approved by the Department of State Development. Hillgrove said the approval enables the Kanmantoo copper mine to increase production by 75 per cent in processed […]
Merger and Acquisition activity
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: With a bit more confidence creeping into the market there seems to be some increasing activity in the M&A space. Mungana firms up North Queensland zinc strategy Mungana Goldmines (ASX: MUX) is set to move ahead with its North Queensland zinc strategy after gainin shareholder approval for its $15 million acquisition of […]