ALL THE NEWS
Raising funds across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: The junior explorers continue to attract plenty of financial backing. Placement of Shares Xstate Resources (ASX: XST) has placed 20 million fully paid ordinary shares at 5 cents each to raise $1 million in working capital. The funds have been earmarked to fund the company’s exploration activities and for working capital requirements. […]
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 Sundance Resources (ASX: SDL) Sundance Resources is a Central African iron ore developer, with high quality projects at the shovel‐ready stage that will initially produce a high‐grade, low impurity Direct Shipping Ore (DSO) product. The company envisages a two stage […]
Northern Star drills Titan into the game
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources (ASX: NST) has continued its good run with the drill bit having received drilling results from the Titan discovery. Northern Star said the results have demonstrated Titan to be emerging as a healthy addition to the company’s Paulsens gold mine adding the recent intersections have demonstrated both the high-grade […]
Apollo Minerals identifies new IOCG targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Apollo Minerals (ASX: AON) has identified a number of preliminary iron-oxide-copper-gold (IOCG) drill targets at the Bundi prospect, located within the company’s Titan base-precious metals project, in South Australia. An independent review of Apollo’s targeted exploration at the Bundi prospect was recently undertaken by geophysicist Chris Anderson, who was instrumental in the […]
Impact Minerals identifies new Mulga Tank targets
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Impact Minerals (ASX: IPT) has been busy at the company’s Mulga Tank project north east of Kalgoorlie in Western Australia. The company has identified twelve new priority target areas for nickel-copper and copper-gold deposits in previous soil geochemistry data covering a part of the Mulga Tank project. Impact identified the new targets […]
Orinoco Gold acquires Troy’s Brazilian gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Orinoco Gold (ASX: OGX) is to acquire Mining Leases encompassing Troy Resources former highly successful Sertão gold mine in central Brazil. Orinoco has struck a deal with Troy Resources (ASX: TRY) and its Brazilian partner to acquire the Mining Leases, which will result in the company taking 100 per cent of the […]
Pilbara Minerals completes Tabba Tabba Study
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pilbara Minerals (ASX: PLS) has finalised a Feasibility Study on the company’s Tabba Tabba tantalum project, located near Port Hedland in Western Australia. According to the company the Study has demonstrated Tabba Tabba to be a robust project with low capital and mining costs. The company said the completion of the […]
Gold Road Resources stretches Gruyere
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has claimed to have extended the strike potential of the Gruyere prospect. The Gruyere prospect is located within the Dorothy Hills gold camp, one of the company’s nine targets on the Yamarna gold belt in Western Australia. Gold Road has received assay results from recently completed aircore […]
Echo Resources encounters big gold numbers at Julius
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Echo Resources (ASX: EAR) has encountered some very encouraging gold intersections during a recent program of RC drilling at the company’s Julius gold discovery. Echo said the drilling had returned excellent composite sample intercepts, including (down-hole widths and depths): 4 metres at 75.6 grams per tonne gold from 276m, within 16m at […]
Ram Resources increases Fraser Range footprint
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ram Resources (ASX: RMR) has expanded its ground holding in the Fraser Range nickel-copper belt of Western Australia with the acquisition of an option over five new tenements. Ram has acquired a two-year option over the tenements from a private prospector. Under the terms of the option, Ram will pay $40,000 […]