ALL THE NEWS
FAR Ltd strikes Block L6 farm-in deal
/in Uncategorized /by Wally GrahamTHE WELL SPUDDER: FAR Ltd (ASX: FAR) has received approval from the Ministry of Energy and Petroleum in Kenya for the first farm-in deal on the company’s onshore and offshore Kenya exploration permit, Block L6, located in the Lamu basin. The farm-in deal has been struck with international petroleum logistics, marketing, trading, exploration and production […]
Vital Metals granted new QLD tenement
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Vital Metals (ASX: VML) has been granted a new tenement, EPM 25139, by the Queensland Department of Natural Resources & Mines. The EPM covers 10 square kilometres and contains the historical Peninsula copper prospect, which has returned grades from grab samples of up to 17 per cent copper. Vital Metals Watershed […]
Variscan Mines eyes French gold
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Variscan Mines (ASX: VAR), through its wholly-owned European subsidiary Variscan Mines SAS, has been granted a second exploration licence within Brittany, France. The St Pierre licence (Permis Exclusif de Recherche or PER) covers an area of 386 square kilometres around the La Bellière gold mine located in the Department of Maine et […]
Rumble Resources signs up to Fraser Range JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rumble Resources (ASX: RTR) has upped its stakes in the Fraser Range region of Western Australia with the signing of an earn-in agreement with Blackham Resources (ASX: BLK) to acquire up to 75 per cent of the Zanthus project. The 370 square kilometre Zanthus project is located close to the Nova nickel-copper […]
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. Appointment of Managing Director/CEO Energy and Minerals Australia (ASX: EMA) has carried out a management restructure which has resulted in the appointment of Mike Young as managing director/chief executive officer of the company. EMA’s current chief executive […]
Doray cashed up to advance Andy Well
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Doray Minerals (ASX: DRM) is eager to spend the proceeds of a $17 million capital raising. Doray has announced plans to accelerate drill testing of a number of high-quality, near-mine exploration targets at the company’s 100 per cent-owned Andy Well gold project near Meekatharra in Western Australia. The company will be utilising […]
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. Gold drilling underway at Spargoville Tychean Resources (ASX: TYK) has kicked off a program of approximately 6000 metres of Air Core drilling at the company’s 100 per cent-owned […]
Raising funds across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: The junior explorers continue to attract plenty of financial backing. $4.2 million to advance flake graphite projects Lamboo Resources (ASX:LMB) has completed a capital raising, receiving oversubscriptions for the issue of 15 million shares at 28 cents each to raise approximately $4.2 million, to sophisticated and institutional investors. “The level of demand […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.psl.com.au Cradle Resources (ASX: CXX) The recently released independent scoping study on Cradle Resources’ (ASX: CXX) Panda Hill niobium project (50 per cent owned with right to acquire balance) demonstrated a robust project at current prices. There were several highlights […]
Freo the way to go for Explorers
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: Next week The Roadhouse will be one of many delegates attending the annual RIU Explorers Conference. As always the two-day conference is being held at the Esplanade Hotel in the portside city of Fremantle kicking off on Wednesday February 19. The RIU Explorers Conference has grown from strength to strength to become […]