ALL THE NEWS
Investigator Resources eyes new IOCG targets on Yorke Peninsula
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources (ASX: IVR) has completed geophysical surveys in the ‘copper triangle’ on the Yorke Peninsula of South Australia, which the company says has upgraded the iron oxide copper gold (IOCG) potential of its 100 per cent-held Roundabout and Spyall prospects. Investigator has combined an aeromagnetic survey with a recently completed gravity […]
VivaGel®‐coated condom approved for marketing in Japan.
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACIST: Starpharma (ASX: SPL) has been granted regulatory certification for marketing of the company’s VivaGel®‐coated condom in Japan. Starphama explained VivaGel® is licensed to Okamoto Industries as a condom coating for the Japanese market. Japan is the world’s second largest condom market and Okamoto is the market leader for condoms sold in the […]
Unilife Secures $60M debt financing
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACIST: Unilife Corporation (ASX: UNS) has entered into a $60 million debt financing agreement with an affiliate of healthcare sector investment firm OrbiMed. Unilife said $40 million was funded to Unilife at the closing of the deal. Under the terms of the agreement, provided Unilife is in compliance, two additional tranches of $10 […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Chief Executive Officer Succession Kingsgate Consolidated (ASX: KCN) has advised that managing director and chief executive officer Gavin Thomas, will be stepping down from that role, effective June 2014, after nearly ten years in the position, after some […]
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. West Melton copper-gold project Marmota Energy (ASX: MEU) has commenced drilling on the company’s West Melton copper-gold project on the Yorke Peninsula in South Australia. The program is […]
Venturex Resources gets Mining Approval for Pilbara project
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: A Mining Proposal by Venturex Resources (ASX: VXR) has received approval from the Western Australia Department of Mines and Petroleum for the development of the company’s Pilbara copper-zinc project at the Sulphur Springs site, located in the western Pilbara region. Project location. Source: Company announcement Venturex said the granting of […]
Raising funds across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Some Tax refunds help to boost the bank balances for the junior explorers this week. $1.2 Million raised in Oversubscribed Placement White Cliff Minerals (ASX: WCN) has resolved to raise up to approximately $1.2 million in a placement to professional and sophisticated investors through the issue of up to approximately 133 million […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. www.breakawayresearch.com Adelaide Resources (ASX: AND) Broad widths of high grade copper and gold mineralisation have been intersected at the Alford West prospect. Of the 3,500 metre geochemical anomaly, only 1,100m has been drill tested with the entire interval reportedly mineralised, highlighting […]
Stupid Cheap or Just Plain Stupid?
/in Uncategorized /by Wally GrahamTONY LOCANTRO: “At the start of the bull market we have all the paper and they have all the money. At the end of the bull market we have all the money and they have all the paper.” In August 1979, BusinessWeek on its cover declared “The Death of Equities”. As you can see […]
Classic Minerals doubles Mammoth ‘hot zone’
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Classic Minerals (ASX: CLZ) is currently reviewing geophysical data including historic geochemistry to the south of its Mammoth discovery within the company’s Fraser range project in Western Australia. The company said the review has now has highlighted a three kilometre extension to the conductive target zone extending the conductive target ‘hot zone’ […]