ALL THE NEWS
Alacer updates Higginsville Resource and Reserve
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Alacer Gold has updated the Mineral Resource and Reserve estimates for its Higginsville gold operations in Western Australia. The company has increased the project’s Mineral Reserve estimate by 164,000 ounces (net of mining depletion over 18 months) to 7.9 million tonnes at 3.5 grams per tonne gold, containing 875,000 ounces. Source: […]
Pan Aust extends Laos mineralised zones
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Pan Aust has claimed drilling results from the company’s Nam San copper‐gold deposit and LCT gold and copper‐gold prospect in Laos have confirmed the Phu Kham district to be a high priority target for exploration and resource development. Phu Kham district. Source: Company announcement The latest drilling conducted by Pan Aust […]
Forge announces McLaren Maiden
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Forge Resources has announced a maiden JORC compliant heavy mineral (HM) resource estimate for the McLaren heavy mineral sand deposit, situated within the company’s Eulca West mineral sand project tenements, located in the Eucla Basin Western Australia. The Eucla West mineral sand project location. Source: Company announcement The resource estimate for […]
Bannerman extends SPP
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Bannerman Resources has closed a recent oversubscribed Share Purchase Plan raising the maximum proceeds of $4 million in the process through the issue of approximately 17.8 million new Bannerman shares at an issue price of 22.5 cents (or the Canadian dollar equivalent of 23.3 cents) per share. Further demand from institutional investors […]
Golden Rim banks $6.9 million
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Golden Rim Resources has raised approximately $6.9 million (before issue costs), via a placement. The company said the funds raised will be used to fund an extensive drilling and exploration program on its gold projects in Burkina Faso and Mali. The placement consisted of approximately 45.9 million new fully paid ordinary shares […]
ElDore to acquire African gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perth-based gold explorer ElDore Mining Corporation has signed an agreement for a major gold mine acquisition in Zimbabwe that the company claims will establish a key strategic landholding within a major gold producing region and ultimately result in it joining the ranks of the country’s gold producers. ElDore has agreed to acquire […]
GBM adds flavour to Milo
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian resources company GBM Resources has company’s told the market that recent drilling has expanded the copper zone at the Milo iron oxide copper gold, rare earth elements and yttrium (REEY) project in north- west Queensland. GBM drilled three diamond core holes during December, which it claims has provided important additional information […]
IronClad signs another Wilcherry takeoff deal
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Emerging South Australia-focused iron ore producer, IronClad Mining has reached a further off-take agreement for its Wilcherry Hill project on the Eyre Peninsula. The new four-year off-take agreement is with Hong Kong-based resources industry investment group, New Page Investments Limited. The same company recently took up a $6 million share placement in […]
Beacon sells Barlee ground
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Beacon Minerals has signed the legal papers required for the sale agreement with Ramelius Resources in regard to selling the mining lease at the Barlee gold project. The sale is now subject to approval by shareholders at a General Meeting. Barlee Tenements. Source: Company announcement Beacon is optimistic regarding the […]
Bligh Resources to acquire more NT ground
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Manganese and gold exploration company Bligh Resources has entered into an option agreement to acquire an 80 per cent interest in a 546 square kilometre exploration project adjoining the company’s 136 square kilometre Bootu Creek Two manganese exploration project in the Northern Territory. The remaining 20 per cent of the project will […]