ALL THE NEWS
MZI Resources secures landowner agreements for Keysbrook Mineral Sands project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: MZI Resources (ASX: MZI) has secured the remaining landowner agreements it needs to start development of the company’s Keysbrook Mineral Sands project in the south-west of Western Australia. The agreements, which have been made with three landowners, give MZI the right to access and mine minerals on the properties involved. One of […]
Centaurus Metals secures Installation Licence for Jambreiro project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Centaurus Metals (ASX: CTM) has secured the key Installation Licence (LI) for the company’s Jambreiro iron ore project in south-east Brazil, clearing the way for on-site construction to proceed. The granting of the LI – following approval of the Project’s Environmental Control Plans (PCA) – has been achieved ahead of schedule, […]
Horseshoe Metals to restart diamond drilling at Horseshoe Lights
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) is set to re-commence diamond drilling on the company’s 100 per cent-owned Horseshoe Lights copper-gold project, located in the Peak Hill Mineral Field of Western Australia. The company outlined the aims of its 2013 drilling programs at Horseshoe Lights will be to test for high grade copper-gold zones, […]
Merah Resources gets keys to Castle gold projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Merah Resources (ASX: MEH) has entered into two separate agreements with Castle Minerals (ASX: CDT) to acquire 100 per cent of Castle’s interests in the Antubia and Kong gold projects in Western Ghana. Under the terms of the agreements, Merah is to issue up to six million shares to Castle for each […]
Australian Bauxite signs term sheet agreement with major Chinese offtake partner
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Australian Bauxite (ASX: ABZ) has executed a term sheet with major Chinese aluminium company, Xinfa Group for two State-Significant bauxite projects. The parties have commenced an exclusive negotiation and due diligence period (Exclusivity Period) to finalise formal agreements. Australian Bauxite (ABx) and Xinfa have agreed to commercial terms with respect to […]
Drilling at Matilda provides happy grades for Blackham Resources
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has released the first results achieved from recent drilling carried out at the M4 deposit at the company’s Matilda gold project in Western Australia. Blackham is currently drilling at the Matilda Mining Centre focussing on the M1, M2, M3 and M4 deposits. Drill hole location plan. Source: […]
Austral Resources’ Madagascar adventure
/in Uncategorized /by Wally GrahamMadagascar is a country associated with the wildly successful animation film of the same name, but unlike animals trying to escape, Australian company Austral Resources is keen to stay. By Rebecca Lawson A curiosity to find out what Madagascar had to offer led chief executive Scott Reid and director Wayne Kernaghan to cross the Mozambique […]
Rox Resources drilling news continues good run at Camelwood
/in Uncategorized /by Wally GrahamRox Resources (ASX: RXL) has received further good news from drilling being carried out at the company’s Camelwood nickel sulphide prospect at Fisher East, located north of Kalgoorlie in Western Australia. Diamond drilling at Camelwood has returned results including: – 1.2 metres at 5.2 per cent nickel of massive sulphide, including 0.7 metres at […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Troy Resources Ltd (ASX: TRY) Troy’s friendly scrip-bid for Azimuth Resources (ASX: AZH) shows a degree of pragmatism that should hopefully be increasingly replicated in the small resources sector in our view. Whilst prima facie the implied offer (approx. $188 million […]
IPO Watch
/in Uncategorized /by Wally GrahamIPO WATCH: Companies scheduled to list soon on the boards of the Australian Securities Exchange. Longreach Resources Limited Proposed ASX code: LOR Proposed listing date: 22 April 2013 Longreach Resources is seeking to raise up to $3.5 million through the issue of 17.5 million shares at an issue price of 20 cents each. The aim […]