ALL THE NEWS

What the Brokers Say

WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. www.breakawayresearch.com Sundance Resources Limited (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 […]

Raising funds and Tax Refunds

THE FUND RAISER: The optimistic start to the New Year continues with junior explorers attracting plenty of financial backing. Southern Hemisphere Mining raising $3.4 million Southern Hemisphere Mining (ASX: SUH) is carrying out a capital raising up to $3.4 million to finance the next phase of exploration, evaluation and development of its copper-gold portfolio in […]

Fertoz adds Marten to Canadian phosphate portfolio

THE BOURSE WHISPERER: Fertoz Limited (ASX: FTZ) has added to its phosphate interest in Canada through the acquisition of the Marten project in British Columbia. The company described the Marten project to be an advanced stage underground exploration phosphate mine, which was developed by Consolidated Mining and Smelting Company of Canada Limited (Cominco) in the […]

Musgrave Minerals hits big silver numbers at Menninnie Dam

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has intersected high-grade silver mineralisation at the new Frakes target on the company’s Menninnie Dam project in the southern Gawler Craton region of South Australia. The company recently completed near surface aircore and slimline reverse circulation (RC) drilling at the Frakes prospect, which returned results of: 10 metres […]

Arunta Resources identifies tungsten at Hatches Creek

THE DRILL SERGEANT: Arunta Resources Limited (ASX: AJR) has received results of a recently sampling program undertaken at the company’s Hatches Creek tungsten project, located north-east of Alice Springs in the Northern Territory. According to Arunta the sampling has confirmed the presence of high-grade material located within and adjacent to areas that were subjected to […]

Papillon Resources drills further Fekola confidence

THE DRILL SERGEANT: Papillon Resources (ASX: PIR) has received the results from drilling carried out towards the end of 2013 at the company’s Fekola project in south western Mali. During the last two months of 2013, Papillon completed 26 reverse circulation (RC) holes focusing on near surface extensions of previously identified mineralised intersections and testing […]

Investigator Resources identifies new epithermal field

THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has been encouraged by recent worked conducted on the company’s 100 per cent-owned 343 square kilometre Uno and Morgan tenements, located west of Port Augusta in South Australia.   Location map of Investigator tenements, highlighting the Uno/Morgans project. Source: Company announcement   Investigator believes the work has demonstrated […]

Hot Chili adds further copper-gold zone to Productora

THE DRILL SERGEANT: Hot Chili (ASX: HCH) has enjoyed continued exploration success at the company’s Productora copper project in Chile, claiming the discovery of another zone of copper-gold mineralisation. Hot Chili reported that its latest drilling results from Productora have outlined a new copper-gold zone, known as Rocoto, located immediately below the planned central pit […]

Tawana Resources hits new itabirite at Mofe Creek

THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has encountered a number of high-grade, coarse itabirite intersections over the Zaway prospect at the company’s Mofe Creek iron ore project in Liberia. Tawana recently completed a program of 32 reverse circulation (RC) hole at the Zaway prospect. Results from intersections over two kilometre strike, up to 200 […]

Centaurus Metals increases operational chances for Candonga project

THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has received results from a recent trenching program carried out at its 100 per cent-owned Candonga iron ore project, a satellite deposit of the company’s Jambreiro iron ore project in south‐east Brazil. The company claims the results have strengthened the project’s potential to become a small‐scale direct shipping […]