ALL THE NEWS
Archer Exploration announces Campoona maiden Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Archer Exploration (ASX: AXE) has reported a Phase 1 JORC Resource for the Campoona graphite deposit at the company’s Campoona graphite project located 15 kilometres north of Cleve on Eyre Peninsula, South Australia. The maiden JORC Resource at Campoona has come in at 2.572 million tonnes grading 12.3 per cent total graphitic […]
Mutiny Gold shores up new project funding
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Mutiny Gold (ASX: MYG) has struck a financing agreement with Canadian Institution, Sandstorm Gold (TSX: SSL) for $41 million (US$43 million), which the company indicated is pivotal to meeting the $102 million financing requirements needed to bring its Deflector gold-copper project in the Murchison region of Western Australia into production by Q4 […]
Havilah Resources confirms Grants iron ore discovery
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Havilah Resources (ASX: HAV) has claimed confirmation of a new iron ore discovery at the Grants prospect in the Braemar Iron Ore Province in northeastern South Australia. The company described the discovery as having no overburden and is situated eight kilometres from the Transcontinental railway in close proximity to other power and […]
What the Brokers say
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Every now and then The Roadhouse obtains research notes from different research establishments. Here’s a couple that hit our inbox this week. Sovereign Gold (ASX: SOC) Sovereign Gold (ASX: SOC) is focused on exploration of the Rocky River-Uralla Goldfield, located in north eastern New South Wales near Armidale. Historical workings in the […]
Phoenix Gold encounters encouraging mineralisation at Castle Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has received early results from a drilling program the company recently commenced at its Castle Hill gold project located in the Western Australian Goldfields, less than 50 kilometres from Kalgoorlie. The results included intercepts of: – 94 metres at 2.6 grams per tonne gold from 88 metres; – […]
Sandfire moves first shipment of DeGrussa copper
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Sandfire Resources (ASX: SFR) has sold its first shipment of copper concentrate from the company’s 100 per cent-owned DeGrussa copper-gold mine in Western Australia. DeGrussa copper mine location. Source: Company announcement The maiden shipment comprised 4,958 dry tonnes of copper concentrate grading approximately 22 per cent copper and was produced […]
Viking scores second high-grade gold hit at Akoase
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Perth-based Viking Ashanti (ASX:VKA) has reported a second high-grade gold hit over 20 metres down hole width and at shallow depth from drilling conducted at the company’s Akoase gold project in southern Ghana, West Africa. Project locations in Southern Ghana. Source: Company announcement According to Vikings announcement to the ASX […]
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. Enterprise Uranium Limited Proposed ASX code: ENU Proposed listing date: 12 December 2012 Western Australia-based Enterprise Uranium is focused on uranium exploration in Australia with an objective to discover and develop one, or more, […]
Aguia Resources to expand Brazilian landholding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Aguia Resources (ASX: AGR) has signed a Term Sheet with IAMGOLD Corporation to acquire a large prospective landholding located to the southwest and along strike from the company’s Tres Estradas phosphate discovery in the state of Rio Grande do Sul in southern Brazil. Aguia already boasts a prospective land package of over […]
Thor Mining reaches 51 per cent stake in Spring Hill
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Thor Mining (ASX: THR) (AIM: THR) has made significant progress in its staged acquisition of the Spring Hill gold project south of Darwin in the Northern Territory. Thor has received a signed instrument of transfer from Western Desert Resources (ASX: WDR), its co-venturer in the project, for the transfer of a […]