ALL THE NEWS
Blackham Resources ties up $13M deal with Gutnick’s Great Central Gold
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources (ASX: BLK) has locked in a $13 million funding package for the company’s 100 per cent-owned Matilda gold project in Western Australia. The Matilda gold project has 1.5 million ounces of gold resources. Blackham has signed a deal with Great Central Gold, a private company run by mining industry identity […]
Equatorial Resources releases Mayoko-Moussondji iron maiden
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Equatorial Resources (ASX: EQX) has defined a 767 million tonne maiden Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Mayoko-Moussondji iron project located in the south-west of the Republic of Congo. The total MRE of 767 million tonnes at 31.9 per cent iron comprises an Indicated and Inferred Hematite Resource […]
FMG terminates exclusive option deal with IOH
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Fortescue Metals Group (ASX: FMG) and Iron Ore Holdings (ASX: IOH) have reached agreement on the early termination of Fortescue’s exclusive option on Iron Valley and the farm-in right over the Maitland River project. “The joint decision was primarily based on the current development focus of each company following recent market volatility […]
Aquila resources moves to end West Pilbara budget dispute
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aquila Resources (ASX: AQA) and its joint venture partner in the West Pilbara iron ore project, AMCI have not been able to reach agreement on a proposed budget for the 2012/2013 financial year. The dispute had earlier been referred to arbitration in September 2012, in accordance with the dispute resolution procedures of […]
Tanami Gold to raise $65.3M
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Tanami Gold (ASX: TAM) has reached agreement with Patersons Securities to underwrite a renounceable pro-rata entitlements issue to raise $65.3 million before costs, subject to Patersons being satisfied with the due diligence process and the company issuing a Prospectus. The Entitlements Issue will be made to eligible shareholders at an issue price […]
Deep Yellow updates Namibian uranium Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Deep Yellow (ASX: DYL) has announced an updated Mineral Resource estimate for the company’s Ongolo Alaskite deposits in Namibia. The upgrade of the Ongolo Resource includes for the first time a contribution from the satellite Ongolo South Deposit of 3.1 Mt at 364 parts per million uranium for 2.5 million pounds of […]
Antipa Minerals claims new copper-gold discovery at Calibre
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Antipa Minerals (ASX: AZY) has claimed assay results have confirmed the Calibre discovery at the company’s Citadel project in the Paterson Province of Western Australia to be a major new gold-copper deposit. Antipa has completed only two diamond drillholes at Calibre prospect, however both of these have returned 270 to 350 […]
Gold Road Resources drilling reinforces Central Bore continuity
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources has started 2013 on a happy note by intersecting 185 grams per tonne from its first drill hole of the year at the company’s Central Bore project located on its wholly-owned Yamarna Belt in Western Australia. The drillhole was completed in late January 2013, and is the seventh hole […]
IMX Resources extends potential mineralisation at Ntaka Hill project
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has received results from a recently completed gravity survey campaign in the Ntaka Hill-Lionja trend, within its Nachingwea land package, in Tanzania. IMX said the results of the gravity survey indicate the presence of a larger area of ultramafic rocks associated with the company’s Ntaka Hill nickel sulphide […]
Renaissance Minerals encouraged by recent Okvau exploration results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has been encouraged by the receipt of further results from ongoing work, including regional soil geochemical sampling and a recently-commenced RC drilling program, being carried out on the company’s Okvau gold deposit in Cambodia. Renaissance has been undertaking a regional soil geochemical program targeting large areas of the […]