ALL THE NEWS
Lithex Resources snares graphite package
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Lithex Resources (ASX:LTX) has executed a Heads of Agreement (HoA) for the acquisition of eleven graphite tenements located within Australia. The acquisition of the tenements is via Lithex’s acquisition of Far North Minerals (FNM), pursuant to the HoA. FNM owns the rights to 100 per cent of the tenements. Lithex said the […]
Encounter hits strong copper at BM7
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Encounter Resources (ASX:ENR) has received encouraging results from drilling recently carried out at the BM7 prospect within the company’s Yeneena project in the Paterson Province of Western Australia. According to Encounter the assay results from the diamond drilling program have provided more evidence of the discovery of a large scale copper-cobalt system […]
Rob Tyson – Peel Mining
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Travelling home from the recent RIU Resources RoundUp in Melbourne, Peel Mining (ASX:PEX) managing director Rob Tyson dropped in to tell us the latest on the company’s Mallee Bull story. Peel Mining has been creating quite a bit of interest with the drilling results emerging from the Mallee Bull project. Where […]
Intra Energy Corporation
/in Uncategorized /by Wally GrahamCoal stocks have been punished on the Australian Securities Exchange lately, especially after the price of thermal coal coming off an all-time high of $US192.86 per tonne in July 2008 to hit a recent price of US$93.44 per tonne. China has recently become the price setter for thermal coal, overtaking the other large importer, Japan. […]
Promise for nickel market as China could miss targets
/in Uncategorized /by Wally GrahamCONFERENCE CALL: The market bottom for nickel has most likely been reached with an upswing pending, according to Australia’s third largest nickel producer. Speaking in Perth at the 2012 Paydirt Australian Nickel Conference, Western Areas (ASX:WSA) managing director Daniel Lougher, said that while the base metals’ current price made it uneconomic for many mines, it […]
AusNiCo awarded tenements in Tasmania and Queensland
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: AusNiCo (ASX:ANW) Has had its tenement application granted for ERA 882 in western Tasmania near Heazlewood River. The company said the Heazlewood River project is prospective for nickel sulphides, gold, copper, lead and platinum‐group elements. The tenement area is located about 25 kilometres west of Waratah and the Mt Bischoff Tin deposit. […]
Alloy commences drilling at Warmblood prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Alloy Resources (ASX:AYR) has commenced an initial 1,500 metre RC drill program at the company’s Horse Well gold project in Western Australia. The drilling is being undertaken to test a previously identified 250 metre strike length of the Warmblood gold prospect by drilling under earlier shallow air‐core drill intersections of 40 metres […]
Riedel identifies new gold anomalies in Burkina Faso
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Riedel Resources (ASX: RIE) has received results from initial work programs the company has completed, including soil geochemical sampling and drilling, at its Burkina Faso gold permits. These work programs commenced in April 2012 and concluded in June with the onset of the seasonal rain period. The work has delineated a number […]
Metallica signs scandium HOA with Bloom Energy
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallica Minerals (ASX:MLM) has entered into a binding Heads of Agreement (HOA) with Bloom Energy for the sale of scandium oxide from the company’s wholly-owned SCONI Tri-Metals project inland of Townsville in North Queensland. Metallica said it would be working with Bloom Energy to ensure the SCONI project is designed and developed […]
Musgrave inks silver-lead-zinc Joint Venture
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Musgrave Minerals (ASX:MGV) has entered into a Heads of Agreement (HOA) with Menninnie Metals, a wholly owned subsidiary of Terramin Australia (ASX:TZN) to earn up to a 75 per cent interest in the Menninnie Dam silver-lead-zinc project in South Australia. The Menninnie Dam project comprises a group of five Exploration Licences covering […]