ALL THE NEWS
West African Resources continues golden drilling run
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: West African Resources (ASX: WAF) has continued its run with further high-grade gold results from oxide resource definition drilling at the company’s Mankarga 5 deposit in Burkina Faso. Best results from the ongoing program include: TAC0281 10 metres at 1.28 grams per tonne gold from 4 metres; TAC0287 9m at 1.34g/t gold […]
Nickel shines as Rox stars
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Rox Resources (ASX: RXL) has timed its run nicely to discover the nickel project all other junior nickel explorers are chasing. The nickel market has emerged from a five-year hiatus with LME nickel futures recording a 15 percent gain in April, the biggest monthly gain since September 2012. Most analysts credit the […]
Bauxite Resources announces $9.3M capital return
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bauxite Resources (ASX: BAU) is proposing a capital return of four cents per share, following a funding requirements review of the company’s wholly-owned projects and projects with joint venture arrangements. The company said the review determined it has sufficient funds to support its projects and JV arrangements in the near term. As […]
PLD targets nickel and copper at Rocky Gully
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: PLD Corporation (ASX: PLD) has lodged an Exploration Licence Application (ELA70/4622) with the Western Australia Department of Minerals and Energy to be owned 100 per cent by the company. The EL is consider by the company to be prospective for magmatic nickel sulphide and copper sulphide deposits. Albany Fraser nickel, copper […]
Joint Venture announcements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: As they say in the classics; it’s better to have 50 per cent of a project than 100 per cent of no project. Binding Heads agreement signed Catalyst Metals (ASX: CYL) has signed a binding Heads of Agreement with Navarre Minerals (ASX: NML) to enable Catalyst to earn a 51 per cent […]
Sovereign Metals produces excellent metallurgical results at Dedza
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sovereign Metals (ASX: SVM) has reported results from an initial scoping level metallurgical program carried out on soft saprolite samples from the Dedza flake graphite prospect within the company’s 100 per cent-owned Central Malawi graphite project. The company said the program had produced high-grade flake graphite, with a significant proportion of the […]
Genesis commences Argentine drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Genesis Minerals (ASX: GMD) has commenced drilling at the company’s Las Opeñas precious and base-metal epithermal project located in the pre-cordillera of San Juan Province, Argentina. The 2,400 metre Phase 2 drill program will test the main zone of extensive surface gold and base metal mineralisation, coincident with a breccia system and […]
Core drills high silver-lead grades at Albarta
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Core Exploration (ASX: CXO) has intersected high grade silver whilst completing a maiden drilling program at the company’s Albarta project in the Northern Territory. Highlights from drilling at the Blueys prospect include: 1 metre at 1,070 grams per tonne silver and 8 per cent lead; and 2m at 843g/t silver and 5.9 […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Hartleys Website: www.hartleys.com.au PAPILLON RESOURCES LIMITED (ASX: PIR) Takeover arrives Papillon Resources Limited has received a friendly scrip merger offer from B2Gold (BTO.tsx). The offer is 0.661 B2Gold shares for each PIR share held. The merger represents a purchase price of […]
WA Minister flags Aboriginal Heritage Act reforms
/in Uncategorized /by Wally GrahamIN THE LOBBY: The Western Australia Government has announced a proposal to amend parts of the Aboriginal Heritage Act, which determines how sacred places and objects should be preserved. If it goes ahead it will be the first changes to the act since its introduction 42 year ago. The release of the Aboriginal Heritage Amendment […]