ALL THE NEWS

Upcoming Floats

THE BOURSE WHISPERER: A quick look at some up and coming Resource companies waiting to list on the boards of the ASX. American Patriot Oil & Gas Limited Proposed ASX code: AOW Proposed listing date: 12 may 2014 American Patriot is an oil and natural gas exploration and development (E&P) group, focused on oil and […]

Plymouth Minerals receives first Morille drill results

THE DRILL SERGEANT: Plymouth Minerals (ASX: PLH) has taken receipt of the assay results from its first phase of drilling to be completed at the company’s Morille tungsten-tin project in Spain. The company said it had completed a total of 3,982 metres, which was extended from an initially planned 3,500 metres in 61 Reverse Circulation […]

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. Drilling commences on high-priority targets White Cliff Minerals (ASX: WCN) has commenced a 1000 to 2000 metre RC drilling program testing four nickel sulphide targets at the company’s […]

Clinuvel Pharmaceuticals scores US orphan-drug designation

THE ROADHOUSE PHARMACY: Clinuvel Pharmaceuticals (ASX: CUV) has announced that afamelanotide, the active ingredient in the company’s proprietary drug SCENESSE®, has received orphan-drug designation from the US Food and Drug Administration (FDA) for the rare Hailey-Hailey Disease (HHD, also known as familial benign chronic pemphigus). Clinuvel exlpained that orphan-drug designation is granted by the FDA’s […]

Funds across the Boards

THE FUND RAISER: Some bigger numbers this week as the juniors boosted their bank balances. Capital Raising Sovereign Metals (ASX: SVM) will place up to 15.25 million ordinary shares at 22 cents each to sophisticated investors, to raise $3.35 million before costs. Aterra Capital, a key investor and substantial holder in the company with 10.5 […]

What the Brokers Say

WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.hartleys.com.au Buxton Resources Limited (ASX: BUX) Magmatic nickel-copper sulphide intersected at Zanthus Buxton Resources recently completed RC drilling at the Zanthus project in the Fraser Range, confirming the presence of highly prospective mafic/ultramafic rocks and more importantly identified magmatic nickel-copper […]

This Week in The Roadhouse Pharmacy

THE ROADHOUSE PHARMACY: There’s a great deal of interest in the Bio-tech sector at the moment, so we have opened our own Pharmacy to keep our readers up to speed. Clinuvel Pharmaceuticals scores US orphan-drug designation Clinuvel Pharmaceuticals (ASX: CUV) has announced that afamelanotide, the active ingredient in the company’s proprietary drug SCENESSE®, has received […]

Metals of Africa turns trumps in Tanzania

THE DRILL SERGEANT: Metals of Africa (ASX: MTA) has achieved encouraging results from recently completed reconnaissance exploration programs carried out across the company’s portfolio of base and precious metals projects in Tanzania. While it has been raining in Mozambique, MTA has taken the opportunity to advance exploration on three of its 100 per cent-owned Tanzanian […]

Impact Minerals identifies undrilled high-grade targets

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has completed rock chip assays and soil geochemistry, which has defined four priority areas for follow up work at the Red Hill prospect at the company’s Broken Hill Joint Venture project in New South Wales. “The results suggest that the host ultramafic intrusive unit at Red Hill, which […]

Talga cashed up for Nunasvaara trials

THE BOURSE WHISPERER: Talga Resources (ASX: TLG) is undertaking a combined capital raising totalling $3.1 million, the proceeds from which will be used to accelerate development of the company’s wholly-owned high-grade Nunasvaara graphite-graphene project in Sweden.   Talga Resources project locations in north Sweden. Source: Company announcement   The funds are to be raised via […]