ALL THE NEWS
Gold Road opts for smaller processing plant at Central Bore
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) has conducted further ore processing studies on the company’s Central Bore project, located in Western Australia. Gold Road said the latest studies confirm the viability of a smaller stand-alone high-grade underground mining operation at Central Bore than what had previously been identified in the Scoping Study the […]
Transol Corporation claims gold find at Johnnies Reward
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Transol Corporation (ASX: TNC) has claimed discovery of a large anomalous zone of gold-copper mineralisation immediately north of the main Johnnies Reward prospect at the company’s Johnnies Reward gold project, located north-east of Alice Springs in the Northern Territory. Transol has already earmarked the gold-copper anomaly as a priority target for follow-up […]
David Flanagan – Hawaiian Ride for Youth
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: After chaining his bike outside The Roadhouse, Atlas Iron non-executive chairman David Flanagan entered the bar clad in the cyclists’ garb of lycra and wearing those annoying click-clack shoes, then ordered a coffee. David, that hardly seems the proper attire befitting a corporate mover and shaker. Why are you dressed like […]
Polymetals to move Turner River to scoping study
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Polymetals Mining (ASX: PLY) has completed its first program of exploration work at the Turner River project in north-west Western Australia since the company assumed management of the project following its acquisition of Lansdowne Resources in September 2012. Turner River project location. Source: Company announcement The program comprised surface sampling […]
Papillon Resources increases Fekola Resource estimate
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Papillon Resources (ASX: PIR) has announced an updated JORC-compliant Mineral Resource Estimate for the company’s Fekola project, located in south western Mali. Project location map. Source: Company announcement The updated Resource Estimate is for 54.97 million tonnes averaging 2.38 grams per tonne gold for a contained 4.21 million ounces of […]
IPO Watch
/in Uncategorized /by Wally GrahamUPCOMING FLOATS: Who’s due to list on the boards of the Australian Securities Exchange and what they’re all about. Perth Resources Limited Proposed ASX code: PRD Proposed listing date: 29 January 2013 Perth Resources was established in October 2012 as a petroleum exploration company seeking to acquire interests in prospective oil and gas acreage in […]
What the Brokers say
/in Uncategorized /by Wally GrahamWHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe Rox Resources (ASX: RXL) Rox Resources (ASX: RXL) could well have hit the jackpot having received encouraging preliminary results from first pass reconnaissance reverse circulation (RC) drilling at its Mt Fisher project targeting nickel sulphide mineralisation. This success comes after extensive […]
Krucible Minerals receives $12m offer for phosphate tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Krucible Minerals (ASX: KRB) has accepted a non-binding offer from Daton Group Australia (ASX: DTG), a fertilizer manufacturer with activities in Queensland and a new plant being built in Brisbane, to buy Krucible’s phosphate bearing tenements for $12 million. The proposal relates to all 13 of Krucible’s phosphate bearing tenements, including the […]
Northern Star scores new gold hits beyond Paulsens
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Northern Star Resources (ASX: NST) is beginning to reap the benefits of an ongoing $20 million exploration program being conducted on the company’s7000 square kilometre landholding in the Ashburton region of Western Australia. Results of a round of drilling last year, which returned 9m at 12.7g/t gold, motivated Northern Star to design […]
Canadian financer boosts Mutiny Gold share register
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Mutiny Gold (ASX: MYG) has welcomed Canadian-based Sandstorm Gold to the company’s share register. Mutiny has issued Sandstorm 22 million shares in respect of a USD$2 million converting loan provided to the company in November last year. Mutiny Gold said the issue of shares recognised a critical milestone in the development of […]