ALL THE NEWS
Apollo Minerals strikes $10M deal with Jindal Steel and Power
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Apollo Minerals (ASX: AON) has signed a non-binding term sheet with Jindal Steel and Power (Australia) Pty Ltd, a wholly owned subsidiary of Jindal Steel and Power Limited (JSPL) for a major investment into Apollo’s iron ore projects. JSPL is a leading public company, listed in India on the National Stock Exchange […]
Azure Minerals sells off non-core Mexican projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Azure Minerals (ASX: AZS) has sold two of its Mexican projects – the Estacion Llano and San Juan projects, located in the state of Sonora, Mexico. The proceeds from the sale of the two properties are US$100,000. Azure Minerals said the sale of the two non-core projects is in line with the […]
Chesser Resources identifies new mineralised Turkish delights
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Step-out drilling being conducted by Chesser Resources (ASX: CHZ) at the company’s Kestanelik gold project in Turkey has identified further extensions to gold bearing vein systems and new gold zones, in areas outside of the project’s current JORC Mineral Resource. Chesser has received results for a further 34 holes from the current […]
Phoenix Gold encounters high-grade gold at Red Dam
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has encountered high-grade gold intersections from a drill program being carried out on the Red Dam gold project, part of the company’s Broads Dam project area. The project is located in the Western Australian Goldfields, less than 40 kilometres from Kalgoorlie and approximately 12 km, by existing haulage […]
Hot Rock granted further Southern Peru exploration authorisation
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hot Rock Limited (ASX: HRL) has been granted a further geothermal exploration authorisation in Southern Peru in the Huisco area. The company now holds a total of six granted authorisations in Peru. The Huisco prospect is located at the northern end of an active volcanic belt in Southern Peru. Location of […]
Cauldron Energy makes off-market bid for Energia Minerals
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cauldron Energy (ASX: CXU) is making an off-market takeover bid to acquire all of the ordinary shares of Energia Minerals (ASX: EMX). Under the terms of the cauldron bid, Energia shareholders will be offered one Cauldron share for every eight Energia shares they hold. This values each Energia share at an implied […]
Trafford Resources identifies new hematite prospect at Twin Peaks
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Trafford Resources (TRF: ASX) has received all results for a recently-completed maiden drilling program at the company’s Twin Peaks project, located in the Murchison Region of, Western Australia. The Twin Peaks project is a Joint Venture between Trafford and Independence Group (ASX: IGO), in which Trafford may earn up to an 80 […]
Blue Bell keeps ringing for AusAmerican Mining
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Drilling being conducted by Australian-American Mining Corporation (ASX: AIW) at the company’s Blue Bell project in Arizona is continuing to deliver good news in the form of further copper-gold-silver massive sulphide intersections. Latest results from drilling at Blue Bell have included: – 9 metres at 0.9 per cent Copper Equivalent (0.8 […]
New Standard Energy increases stake in Laurel project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: New Standard Energy (ASX: NSE) has executed an agreement with Green Rock Energy (ASX: GRK), under which Green Rock will hand over 100 per cent of its interests in the Laurel project in the Canning Basin of Western Australia to New Standard. New Standard described the Laurel project as a large acreage […]
Impact Minerals to acquire JV rights to Mulga Tank and Broken Hill projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Impact Minerals (ASX: IPT) is to acquire Joint Venture rights to the Mulga Tank and Broken Hill nickel-copper-platinum group elements (PGE) projects from Endeavour Minerals. The acquisition forms part of the previously announced transaction with Impact’s 75 per cent-owned Invictus Gold (ASX: IVG) to acquire the projects and shares of Endeavour. Completion […]