ALL THE NEWS

What the Brokers Say

WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Barclay Wells Website: www.barclaywells.com Potash West (ASX: PWN) Potash West’s 100 per cent-held Dandaragan Trough asset contains both rock phosphate and potash within glauconite. Despite the long term goal of the company to progress its potash projects (as evidenced by the […]

Funds across the Boards

THE FUND RAISER: Some interesting raisings and grants this week as the juniors boosted their bank balances. Grant received for Nowa Nowa iron project Eastern Iron (ASX: EFE) has received $300,000 as a grant from the Victorian Government, through Regional Development Victoria. The grant represents the Government’s contribution towards studies undertaken during the Nowa Nowa […]

Sherwin hits early drilling Success at Mt Scott

THE DRILL SERGEANT: Sherwin Iron (ASX: SHD) has been encouraged by early results from the completion of initial reconnaissance diamond drilling at the Mt Scott prospect within the company’s Roper River iron ore project in the Northern Territory. Mt Scott is located approximately 20 kilometres southeast of Sherwin’s Exploration Bulk Sample Pit and proposed Direct […]

Fertoz locates high-grade phosphate at Fernie project

THE DRILL SERGEANT: Fertoz Limited (ASX: ) has located historical phosphate mine shafts, associated stockpiles and a road base pit containing phosphate on the Marten tenements of the company’s Fernie project in British Columbia, Canada. Fertoz explained it was aware of the existence of these from historical reports when it acquired the property, but no […]

Avita Medical achieves more positive ReCell repigmentation results

THE ROADHOUSE PHARMACY: Avita Medical (ASX: AVH) announced new positive results have been obtained in a ReCell® Spray‐on Skin® trial in patients suffering with depigmented skin lesions. Avita Medical’s lead product, ReCell, a single‐use autologous cell harvesting technology, has been used successfully in place of costly permanent laboratory facilities, which require special licensure, in the […]

Ramelius to acquire Kathleen Valley gold project

THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) has extended its gold operations in Western Australia with the acquisition of the Kathleen Valley gold project. Ramelius has signed a Sale and Purchase Agreement with Xstrata Nickel Australasia Operations (XNAO), a subsidiary of Glencore, and with Giralia Resources. The company will acquire 100 per cent of the […]

Northern Minerals plant test success

THE DRILL SERGEANT: Northern Minerals (ASX: NTU) has completed pilot scale testing of its hydrometallurgical processing plant for the company’s Browns Range project. According to the company the pilot testing successfully recovered high-value dysprosium from its simple flowsheet design, which Northern Minerals claims has reinforced Browns Range as one of the world’s most exciting new […]

Laconia intersects high-grade copper at Espanola 1 prospect

THE DRILL SERGEANT: Laconia Resources (ASX: LCR) has received results from underground channel samples collected at the Española 1 prospect, within the company’s Kimsa Orcco project in Peru, which it claims have confirmed an historic high-grade copper-gold-silver intersection. Laconia explained the Española 1 vein system was originally considered as a gold and silver prospect, but […]

Trafford discovers new tin province

THE DRILL SERGEANT: Trafford Resources (ASX: TRF) has claimed the discovery of a potential new tin province at the company’s 100 per cent-owned Wilcherry Hill and Peterlumbo tenements in South Australia. Trafford said it was excited by the discovery of these new tin, particularly as the majority of the tin mineralisation is situated near surface. […]

Inefficient MRRT Must Go

IN THE LOBBY: The Chamber of Minerals and Energy of Western Australia (CME) has welcomed reports the Australian Labor Party is re-examining its support for the Minerals Resource Rent Tax (MRRT). In a release, CME chief executive Reg Howard-Smith said he was pleased that some within the Federal Opposition are taking a step back to […]