ALL THE NEWS

Winmar completes $3M placement

THE BOURSE WHISPERER: Winmar Resources has completed a $3 million placement to PXSteel International Asia Corporation Limited. Winmar advised the market it has now received funds from the second tranche of the placement, being $820,000 via the issue of 4.1 million Winmar shares at 20 cents per share. This represents a 100 per cent premium […]

Chesser reports Kestanelik maiden resource

THE BOURSE WHISPERER: Chesser Resources has reported a maiden JORC-Code Mineral Resource estimate for the company’s Kestanelik epithermal gold project, located in Turkey. The Resource estimate comprises an Inferred Resource of 5.9 million tonnes at 2.4 grams per tonne gold for 462,000 ounces of gold at 0.5 grams per tonne gold cutoff. “We are particularly […]

Quintessential confirms Semben as high-grade gold target

THE BOURSE WHISPERER: Copper – gold exploration play Quintessential Resources has claimed confirmation of high-grade gold mineralisation in trenches at the company’s Semben prospect in Papua New Guinea. Quintessential collected 225 trench and channel samples at the Sembe prospect of between 1 metre and 3 metre lengths from historic trenches that had been cleaned and […]

What the Brokers say

THE BOURSE WHISPERER: Every now and then The Roadhouse obtains research notes from different broking establishments. Here’s a few that hit our inbox this week.   Blackham Resources Recently acquired the Matilda gold project located in the Wiluna region of W.A. The projects assets include previously operating mines, some infrastructure and a JORC resource of […]

South australia awards 2012 PACE funding

THE DRILL SERGEANT: The South Australian Department for Manufacturing, Innovation, Trade, Resources and Energy (DMITRE) has completed its allocation for its PACE 2020 initiative that funds co-operative exploration drilling programs with companies undertaking resources exploration within the state. PACE Discovery Drilling is partnership with industry to undertake drilling in areas determined by DMITRE to have […]

Tiger produces at 200 per cent capacity at Kipoi

THE BOURSE WHISPERER: Tiger Resources has pumped 203 tonnes of copper in concentrate through the Heavy Media Separation (HMS) plant at the company’s Kipoi copper project in the Democratic Republic of Congo. This level of production is 200 per cent above the HMS plant’s nameplate capacity of 35,000 tonnes per annum of copper in concentrate. […]

Alara confirms Khnaiguiyah mineralisation

THE DRILL SERGEANT: Alara Resources has reported results from an ongoing drilling program at the company’s Khnaiguiyah zinc copper project in Saudi Arabia. Alara said the latest results confirm the presence of additional mineralisation to the maiden Khnaiguiyah JORC Resource the company announced in February 2012 of: –    26.4 million tonnes at 3.9 per cent […]

Ventnor embarks on DHEM survey at Thaduna

THE DRILL SERGEANT: Ventnor Resources has flagged its intention to undertake Down Hole Electromagnetic, DHEM surveys at the company’s Thaduna Green Dragon project located north of Meekatharra in Western Australia. Ventnor recently completed four deep RC pre-collared Diamond drill holes at Thaduna for 1,772 metres of drilling. The holes were collared over a strike length […]

Peter Balsarini – Carbon Conscious

ONE OFF THE WOOD: Carbon credit provider Carbon Conscious chief executive officer Peter Balsarini took time off from the company’s recent tree planting activities to give The Roadhouse a quick lesson in carbon sequestration. What is it that Carbon Conscious does? We take marginal agricultural land, which we either buy outright or lease from the […]

Cassini moves into prospective Nevada neighbourhood

Mention Nevada and most people think of Las Vegas, but a package of three highly-prospective tenements acquired by this junior gold explorer has stacked all the odds in its favour. Cassini Resources (ASX:CZI) successfully listed on the Australian Securities Exchange in January 2011 during a period that saw many other IPOs fail to achieve the […]