ALL THE NEWS
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: This week the junior mining company Boardroom shuffle sees a former state Premier find a new seat. Executive Movements Australian Bauxite Limited (ASX: ABZ) has made a few interesting changes to its board of directors as a consequence of a recent change in major shareholding. Former Tasmanian Premier, Paul Lennon has accepted […]
Troy Resources drills further good news at Smarts
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Troy Resources (ASX: TRY) has received results from an ongoing drilling program being conducted at the Smarts deposit within the company’s West Omai project in Guyana. Recent infill Reverse Circulation drilling has been targeting the 1.7 kilometre Indicated Resource at the Main Zone within the 2.7km Smarts Inferred Resource, which Troy claims […]
Kidman Resources continues copper run at Home of Bullion
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kidman Resources (ASX: KDR) has claimed to have confirmed the down dip continuity of copper mineralisation on the Main Lode at the company’s Home of Bullion (HOB) project in the Northern Territory. Kidman achieved the result while conducting a round of deeper diamond drilling at the project. Results include: 9.1 metres at […]
Chariot fires up for Emmerson Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Emmerson Resources (ASX: ERM) has announced a new Mineral Resource Estimation for the company’s Tennant Creek project in the Northern Territory. Emmerson has calculated a new JORC gold Resource for its Chariot gold mine of 17.4 grams per tonne gold for 99,000 ounces of gold. This takes the global mineral resources to […]
How are Australian Resources fairing since the Election?
/in Uncategorized /by Wally GrahamTony Abbott promised on winning the election that he would ‘reboot’ the mining boom. Understandably there are concerns within the government about future projects being planned by some of Australia’s largest mining companies and their inability to raise the necessary finances for their projects to go ahead at this time. The Australian government is concerned […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Sirius Resources NL (ASX: SIR) Exploration Appeal on Multiple Fronts Sirius Resources NL, while continuing with its Nova-Bollinger development studies, is looking to replicate its exploration success with the discovery of more base and precious metal mines. The company continues to […]
Raising funds and Tax Refunds
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Bit of a mix this week with some companies raising funds, while others receive R&D rebates or government milestone payments. $1.2 million in Government grant milestone payments Carnegie Wave Energy (ASX: CWE) received $748,849 from the Australian Government for progress on the desalination plant, foundations, onshore power plant and pipelines of the […]
Latin Resources acquires Brazilian iron ore project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Latin Resources (ASX: LRS) has acquired the Borborema iron ore project from Rio Tinto Exploration, Brazil (Rio Tinto Desenvolvimentos Minerais Ltda). The company said the acquisition was in line with its stated strategy and objectives of identifying Iron ore projects in South America if the opportunity arose and if the project identified […]
Altona Mining drills big results at Kylylahti
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Altona Mining (ASX: AOH) has received results from the first four drillholes of a program designed to test for extensions to the Kylylahti mine, which is part of the company’s Outokumpu project in south-east Finland. Altona explained that prior drilling at the bottom of the deposit is sparse and resource and reserve […]
Black Range Ablation technology exceeds expectations
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Black Range Minerals (ASX: BLR) is pleased with the progress it is making with the commercialisation of the proprietary Ablation technology. Black Range holds a 50 per cent interest in the application of Ablation at mineral deposits, globally, through a 50:50 joint venture with Ablation Technologies LLC (Ablation JV). The JV anticipates […]