ALL THE NEWS
Coventry raises $5 million for Cameron
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Canada-focused gold exploration play Coventry Resources is set to bank $5 million having received commitments for the placement of 41.67 million new shares at a price of 12 cents per share. The shares will be placed to North American institutional investors that are clients of Casimir Capital, which acted as lead broker […]
Blackham re-estimates Regent
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackham Resources has had a review and estimate conducted of the mineral resource for the Regent gold deposit . The JORC–compliant inferred resource for the Regent deposit now sits at 3.5 million tonnes at 2.1 grams per tonne gold for 237,000 ounces of gold. According to Blackham the new numbers represent a […]
Cashed-up Ampella to embark on big exploration spend
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Having recently raised $45 million via a placement of new shares, Ampella Mining has working capital squirrelled away of almost $55 million. The healthy bank account has provided the impetus for budget approvals for $25.3 million, which will be used by Ampella to fund a large exploration push at the company’s Batie […]
Noble completes first gold pour at Bibiani
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Noble Mineral Resources has become the newest Ghanaian gold producer following the completion of the company’s first gold pour at its Bibiani gold project. The company said the event marked a milestone in the refurbishment and enhancement of the project’s upgraded three million tonne per annum processing plant. Source: Company announcement […]
Clancy hits further gold-copper-sliver at Meritilga
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Clancy Exploration has received results for the final seven holes of a recent reverse circulation (RC) drilling campaign conducted on the company’s 100 per cent-owned Condobolin project in central New South Wales. The drilling was carried out at the Meritilga prospect, where the company said broad gold, copper and silver zone surrounding […]
Sirius extends Inky with copper – zinc hits
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: The first round of drilling conducted by Sirius Resources north and south along strike from known mineralisation at the Inky prospect on the company’s Youanmi project in Western Australia has intersected copper-nickel mineralisation. In its announcement to the ASX, Sirius said the step-out drilling had demonstrated sulphide mineralisation may occupy a broad […]
Sandy Moyle – Goldminex
/in Uncategorized /by Wally GrahamONE OFF THE WOOD: Goldminex is something of a curiosity in that it is an ASX-listed gold exploration play with an international focus that isn’t actually exploring in Africa. The company’s chief executive officer Sandy Moyle pulled up a stool at the bar this week to tell us why. Instead of Africa Goldminex has […]
Brazilian Metals Group snaps up Carrapato deposit
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Brazilian Metals Group has entered into an agreement with Larf Consultoria e Administracao Ltda to acquire 100 per cent of the Carrapato iron deposit, situated in the Quadrilátero Ferrífero (Iron Quadrilateral) close to Belo Horizonte, Minas Gerais State, Brazil. “This acquisition is a significant step in the company’s strategy to complement its […]
Precious Metals to receive $2 million in Chinese funding
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Precious Metal Resources has entered into a cooperation and investment agreement with Jiangsu Geology and Engineering Co. Ltd. (SUGEC) of Nanjing, China. The agreement will result in the Chinese company spending $2 million toward exploration on one of Precious Metals exploration licences (EL 7679) located 80 kilometres southeast of Armidale in New […]
Alcoyne increases Twin Hills estimate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Alcyone Resources has increased the Mineral Resource estimate for the company’s Twin Hills deposit. The Twin Hills deposit is the current source of ore feed for Alcoyne’s heap leach silver mining operation at the Texas silver and polymetallic project in southeast Queensland. The updated Mineral Resource, using a revised cut-off grade of […]