ALL THE NEWS
Pioneer spirit building on solid base
/in Uncategorized /by Wally GrahamThere is no doubt, especially in this current market, that when embarking on a rebuilding phase a company requires two important components. The first is a clear idea of its current situation and a precise plan of what it wants to achieve. The second, and some may say the most important, is a bank balance […]
Southern Hemisphere welcomes Lundin US$35M farm-in
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Southern Hemisphere Mining (ASX:SUH, TSX-V:SH) has struck a strategic agreement with TSX-listed base metals miner Lundin Mining Corporation and executed a terms sheet. The deal will result in Lundin Mining spending up to US$35 million on exploration at Southern Hemisphere’s Llahuin copper-gold project in central Chile to earn a direct stake of […]
Panoramic upgrades total Resources at Gidgee
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Panoramic Resources (ASX:PAN) has announced a combined 74 per cent increase in the Resources at Howards and Heron South, part of the company’s 100 per cent-owned Gidgee gold project, located near Wiluna in Western Australia. The total Resources at Gidgee now measure 11.8 million tonnes at 3.07 grams per tonne gold for […]
Navarre drilling realises gold at Tandarra
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Navarre Minerals (ASX:NML) has encountered high-grade gold mineralisation on the Macnaughtan Line while conducting air-core drilling at the Tandarra prospect, which is part of the company’s Bendigo North group of gold projects, located north of Bendigo in Victoria. The Initial results from hole ACT151 returned: – 4.5 metres at 23.1 grams per […]
Cape Alumina increases total Cape York bauxite Resource
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Cape Alumina (ASX:CBX) has increased the total mineral resources across its suite of projects located on western Cape York, Queensland, to 202.4 million tonnes of high-quality, export-grade bauxite. Cape Alumina’s tenements on western Cape York, Queensland. Source: Company announcement The company had previously estimated a Measured, Indicated and Inferred Resource […]
Avalon to acquire Hannan’s Swedish copper-iron prospects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Avalon Minerals (ASX:AVI) has signed a binding Heads of Agreement (HOA) with Hannans Reward (ASX:HNR). Avalon has agreed to buy Hannans’ Discovery Zone and Tributary Zone prospects as well as the exploration area surrounding the Discovery Zone located in the Kiruna district of Sweden for $4 million. The Discovery Zone has a […]
Hot Chili set to raise $35.5 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Hot Chili Limited (ASX:HCH) has arranged a two tranche placement to raise $32.5 million at 50 cents per share as part of a proposed capital raising of up to $35.5 million. Hot Chili said funds raised will largely be directed towards a resource growth drilling program and continuation of development studies at […]
Talga draws big graphite hits from first drilling in Sweden
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Talga Gold (ASX:TLG) has completed its stage 1 diamond drilling program at the company’s 100 per cent-owned Nunasvaara graphite project in northern Sweden. The 19 hole diamond drilling program was Talga’s first drill test at Nunasvaara and was designed to upgrade the size and status of this high-grade graphite resource. Location […]
Rox re-sampling confirms mineralised zone at Teena
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX:RXL) has completed re-sampling of two historic drill holes from the recently-identified Teena zinc prospect, located on the company’s Myrtle/Reward zinc project in the Northern Territory. Rox claims the results have confirmed Teena as a medium to high-grade zone of mineralisation. “The re-sampling results, from holes Teena 4 and 6, […]
Placement gives Renaissance $10M boost
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Renaissance Minerals (ASX:RNS) has received firm commitments from sophisticated and institutional investors to raise gross proceeds of $10 million through a share placement. The company said the Placement was strongly supported by new and existing institutional and sophisticated investors within Australia and overseas. Renaissance indicated it intends using the funds raised by […]