ALL THE NEWS
Ironbark Zinc encouraged by New South Wales drilling results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ironbark Zinc (ASX: IBG) has intercepted zones of mineralisation during drilling at the Jerangle prospect, part of the Captains Flat project, located south of Canberra in New South Wales. The latest drilling encountered broad sulphide mineralisation down dip from previous drilling with intercepts including: – 2.6 metres at 10 grams per tonne […]
Sipa Resources updates Enigma exploration target
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Sipa Resources (ASX: SRI) has had the Exploration Target for the Enigma copper prospect updated by Cube Consulting. The Enigma copper prospect is situated within the company’s 100 per cent-owned Thaduna copper project in the Gascoyne Region of Western Australia. Cube has estimated the contained copper metal at Enigma to be in […]
Octagonal Resources shoots to Producer status
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: Sometimes putting the cart before the horse can be a smart way of operating, especially when your cart is the only suitable operating gold processing facility in the area. Octagonal Resources (ASX: ORS) has achieved a rare feat by attaining the status of gold producer before commencing mining activities at any of […]
Aurizon scores new haulage contract with Xstrata Coal for Rolleston
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Rail and logistics company Aurizon (ASX: AZJ) has signed a new long-term, performance-based coal haulage contract with Xstrata Coal, to haul coal from the Rolleston mine in central Queensland to RG Tanna Terminal in Gladstone and the new Wiggins Island Coal Terminal (WICET), which is under construction near Gladstone. Aurizon said the […]
Kupang Resources gets final nod for manganese Joint Venture
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kupang Resources (ASX: KPR) has announced its Kupang Joint Venture (KPR: 55 per cent) in the Indonesian province of Nusa Tenggara Timur in West Timor has obtained the necessary approvals to allow crushing, screening, blending and stockpiling of raw manganese ore at its Kupang processing site. Approval has been given by the […]
Hannans Reward uncovers copper-gold in historic drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Hannans Reward (ASX: HNR) has completed a review of recently uncovered historic copper-gold drilling results from the company’s 100 per cent-owned Pahtohavare project, located in northern Sweden. Highlights of the review include: – 9.18 metres at 5.25 per cent copper and 0.23 grams per tonne gold from 115 metres; – 46m at […]
Kentor Gold combines new and historic drill data at Murchison mine
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Kentor Gold (ASX: KGL) has claimed discovery of a new high-grade zone of mineralisation through drilling on the NOA2 deposit at the company’s Murchison gold mine in Western Australia. The NOA2 deposit is already the source of ore to the Murchison processing plant, following the reopening of the underground mine in December […]
What the Brokers Say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. Lamboo Resources (ASX: LMB) Lamboo Resources has a quality portfolio of graphite projects with significant exploration potential. Newly acquired South Korean projects host existing JORC Resources, a ‘Mining Right’ and established infrastructure while at the company’s Australian based McIntosh project, […]
IPO Watch
/in Uncategorized /by Wally GrahamIPO WATCH: Recent ASX listings and those companies scheduled to list soon. RECENT LISTINGS Strata-X Energy Ltd ASX code: SXA Listing Date: 12/3/13 Opening Price: 33 cents Closing Price: 35 cents Toronto Venture Exchange-listed Strata-X Energy Ltd. (TSX.V: SXE) listed on the Australian Securities Exchange this week. The company describes itself as an independent oil […]
Gold once again in the spotlight
/in Uncategorized /by Wally GrahamGAVIN WENDT: Over the past fortnight or so, the price of gold has declined to levels around its $1,600 long-term trend-line, which we’ve previously spoken about. What’s most bemused me about gold’s recent decline (and all previous sell-offs during its 12-year bull run), has been the economic rhetoric accompanying it. Quite simply, it seems to […]