ALL THE NEWS
Ramelius picks up Breakaway tenements
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Breakaway Resources has signed a Sale and Purchase Agreement with Ramelius Resources. The agreement will result in Ramelius purchasing a number of Breakaway’s tenements located in the West Kambalda region of Western Australia. West Kambalda tenement location. Source: Company announcement Ramelius will pay $300,000 in cash and a Royalty in […]
Crusader scores good results at Borborema
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Recent infill drilling carried out by Crusader Resources at its 100 per cent-owned Borborema gold project in Brazil has produced encouraging results. The best results were achieved from the Central and Southern zones, extending from near-surface, all the way down to the Central Deeps, a vertical depth of 265m. Source: Company […]
Rio Tinto to increase spending in the Pilbara
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Global mining giant Rio Tinto announced the commitment of a further US$3.4 billion to the expansion of its Pilbara iron ore operations in Western Australia. Rio’s share of the expansion costs will be US$2.9 billion, which will comprise doling out US$2.2 billion to extend the life of the Nammuldi iron ore mine. […]
Gascoyne completes Glenburgh Resource Estimate
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Gascoyne Resources has completed an update to the Resource Estimate for the company’s 100 per cent-owned Glenburgh gold project in the Gascoyne province of Western Australia. Gascoyne Resources project locations. Source: Company announcement The combined Indicated and Inferred Resource for the Glenburgh gold project now stands at: – 17.4 million […]
ABM finishes sampling Old Pirate
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: ABM Resources has completed the final, Phase 4 of a Bulk Sampling and Trenching program at the company’s Old Pirate gold prospect, which is part of its Twin Bonanza gold camp project located on the Northern territory side of the border with Western Australia. ABM project location map Northern Territory. Source: […]
Diatreme blows up Cylcone Reserve estimate
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Diatreme Resources has announced a maiden ore Reserve estimate for the company’s Cyclone zircon project in Western Australia. The Reserve estimate is part of an ongoing Prefeasibility Study the company is carrying out on the project. The Cyclone PFS pit design contains a Probable Ore Reserve of 97 million tonnes at 2.5 […]
Chinalco and Xstrata JV Mount Frosty
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Chinalco Yunnan Copper Resources has signed a binding agreement with Xstrata Mount Isa Mines (Xstrata Copper) to commence exploration activities on the Mount Frosty project. The Mount Frosty project covers the Mary Kathleen shear zone and is located about 60 kilometres east of Mount Isa in far north west Queensland. Source: […]
Elementos enters Chile JV
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Elementos Limited has entered into an earn-in joint-venture with HMC Gold SCM on the Cerrillo Tamaya copper project located in Chile. Elementos can earn a 50 per cent interest in the project by spending US$7 million on exploration and development within a three year period. The Cerrillo Tamaya copper project comprises 5,690 […]
Investigator continues to drill Paris
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Investigator Resources has received the first assays for a diamond and reverse circulation percussion (RCP) drilling program the company commenced late last year at the Paris silver prospect. The company said assays for sections of the drilling demonstrate new intersections of high silver grades that continue to upgrade its greenfields silver discovery […]
Stellar to raise $5.7 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Stellar Resources is set to raise a combined $5.7 million, before costs, via a share placement and entitlement offer that will increase the company’s cash position to approximately $6.5 million. Stellar has placed 39.2 million fully paid ordinary shares with institutional and sophisticated private clients of Taylor Collison at a price of […]