ALL THE NEWS
IOH signs Native Title agreement for Buckland project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Iron Ore Holdings (ASX: IOH) has signed a Native Title Land Access Agreement with the Kuruma Marthudunera (KM) Native Title claimant group for the company’s Buckland project in Western Australia. The Buckland Project covers all the activities associated with the potential development of an approx. eight million tonnes per annum Bungaroo South […]
TNG to commence drilling on Northern Territory projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: TNG Limited (ASX: TNG) is about to embark on new drilling programs at the company’s Mount Hardy copper and Mount Peake vanadium-titanium-iron projects, both located in the Northern Territory. The company anticipates it will have three rigs operating for much of November. Drilling at the Mount Hardy copper project is scheduled to […]
Consolidated Tin confirms potential to add to Mt Garnet resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian tin exploration and development company Consolidated Tin Mines (ASX: CSD) has received assay results from the latest phase of drilling conducted at the Pinnacles deposit at the company’s Mt Garnet tin project near Cairns in Queensland. The drilling commenced at the Pinnacles deposit in August and concluded in September. Consolidated […]
Cerro announces initial inferred resource at Namiquipa
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Dual-listed company Cerro Resources (ASX: CJO TSX-V: CJO) has announced an initial inferred resource estimate for the company’s 100 per cent-owned Namiquipa silver project located in Chihuahua, Mexico. Prospect location. Source: Company announcement The inferred resource estimate has come in at 4.6 million tonnes at 154 grams per tonne silver […]
Phoenix raises $20M to accelerate Castle Hill
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has completed a Placement of approximately 66.7 million shares at 30 cents per share to raise $20 million. The Placement received strong support from both existing shareholders and enabled a number of new institutional investors to be added to Phoenix’s register. The offer price of 30 cents per […]
Breaker extends gold trend at Dexter to 32km
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Breaker Resources (ASX: BRB) has conducted reconnaissance auger soil sampling over the northern part of the company’s 100 per cent-owned Dexter gold project in the Eastern Goldfields of Western Australia. According to the company this activity has identified a 14 kilometre-long gold-in-soil anomaly adjacent to the Yamarna Shear, returning peak values up […]
Sierra encouraged by reconnaissance drilling in the Philippines
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Sierra Mining (ASX: SRM) has received the results of recently-conducted initial reconnaissance drilling at the company’s Mabilo project in Camarines Norte Province of the Philippines. Regional geology of the Paracale Mineral District. Sierra’s Mabilo and Nalesbitan projects are located to the south of the main areas of historical production. Source: Company […]
Southern Cross completes debt funding for Sandstone acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Southern Cross Goldfields (ASX: SXG) has received indicative term sheets for 100 per cent debt funding for the company’s recently announced acquisition of the Sandstone gold project in Western Australia from Troy Resources (ASX: TRY). Southern Cross announced the agreement to acquire Sandstone in August for consideration comprising $5 million cash ($2.5 […]
Reed rattles tin for $10 million raising
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Emerging gold producer Reed Resources (ASX: RDR) has launched a $10 million capital raising through a Placement and Share Purchase Plan (SPP). An issue price of $0.18 per Share has been fixed for both raisings. Reed said the funds raised will be used to maintain appropriate levels of working capital as the […]
Investigator celebrates Parisian encounters
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metals explorer Investigator Resources (ASX: IVR) has received further significant and high-grade silver intersections. The company said the results demonstrate the increased potential for a substantial silver deposit across multiple zones at the Paris prospect. The Paris silver prospect is located in the Eyre Peninsula region of the southern Gawler Craton of […]