ALL THE NEWS
Linc Energy raises US$200M via SGX bond issue
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Linc Energy (ASX: LNC) has raised US$200 million through the issue of senior, unsecured Convertible Bonds to be traded on the Singapore Exchange (SGX) and due to mature in 2018. Linc Energy said the proceeds from the bond raising will be used to pay down existing debt. The company said it expects […]
Metallica Minerals upbeat after positive PFS results for SCONI project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallica Minerals (ASX: MLM) has received the results of a recently-completed Pre-Feasibility Study (PFS) conducted on the company’s 100 per cent-owned SCONI (scandium-cobalt-nickel) project, located northwest of Townsville in Queensland. The PFS was based on a High Pressure Acid Leach (HPAL) processing plant treating 200,000 tonnes per annum of high-grade Lucknow scandium […]
Southern Cross Goldfields completes Sandstone gold project acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Southern Cross Goldfields (ASX: SXG) has completed the acquisition of the Sandstone gold project from Troy Resources (ASX: TRY), which has provided a healthy boost to the company’s gold resource inventory. The company said the acquisition enhances its Marda gold project, located near Southern Cross in Western Australia, and moves it closer […]
Rumble Resources moves in next door to Corazon’s Top Up Rise project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rumble Resources (ASX: RTR) has acquired a large strategic holding adjacent to the Top Up Rise project of Corazon Mining (ASX: CZN). Rumble Resources explained its new Leyland project consists of three tenement applications covering a total area of 1305 square kilometres. Map showing tenement holding of the Leyland project. Source: […]
Southern Hemisphere extends Llahuin high-grade core
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Southern Hemisphere Mining (ASX: SUH) is to commence work on an updated resource estimate for the company’s Llahuin copper-gold project in central Chile. The company said work on the estimate will kick off in early April as drilling continues to expand and enhance the Llahuin project. The impetus behind the decision stemmed […]
IMX Resources claims new Axehead and Tomahawk North discoveries at Mt Woods
/in Uncategorized /by Wally GrahamTHE DRIL SERGEANT: IMX Resources (ASX: IXR) has claimed discovery of new iron-rich magnetite formations at the Axehead and Tomahawk North prospects, situated within the company’s Mt Woods magnetite project in South Australia. The company drilled six prospects in total, resulting in an increase to the Mt Woods project exploration target tonnage by 168 million […]
Laconia Resources signs option agreement over new Peru tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Laconia Resources (ASX: LCR) has negotiated and signed a formal option agreement, which will result in the company adding 5,622 hectares, covering 11 exploration licences alongside its 100 per cent-owned Rasuhuilca project located in the Andean volcanic arc of southern Peru. Laconia indicated the new licences to be similar to the high-grade […]
Birimian Gold strikes database deal with Randgold
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Birimian Gold (ASX: BGS) has entered into an agreement with Randgold Resources (LSE: RRS), under which Randgold is to provide Birimian with a comprehensive exploration database for areas within the company’s Massigui gold project in southern Mali. Birimian said access to, what it considers to be a high-quality database, will enable it […]
Transol Corporation acquires gold project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Transol Corporation (ASX: TNC) has elected to exercise its option to acquire 100 per cent of the Southern Cross Bore project, which includes the Johnnies Reward gold prospect, from unlisted company Davenport Resources. The Johnnies Reward prospect is located 75 kilometres north-east of Alice Springs in the Northern Territory in the Arunta […]
Lincoln Minerals announces Kookaburra Gully graphite Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Lincoln Minerals (ASX: LML) has announced a maiden high-grade JORC Code-compliant Indicated and Inferred Mineral Resources for the company’s wholly-owned Kookaburra Gully graphite project, located on South Australia’s Eyre Peninsula. The total Indicated and Inferred Mineral Resources for Kookaburra Gully project have been calculated at 2.25 million tonnes grading 15 per cent […]