ALL THE NEWS
M&A activity depletes Australian projects
/in Uncategorized /by Wally GrahamM&A activity depletes Australian projects Although the boom keeps booming it seems the gap between the Australian mid-cap sector and the majors is growing. According to Citi Investment Research and Analysis Metals and Mining analysts, Australia, over the last ten years, has basically been acting as a clearing house of its quality mining assets. Of […]
Catalyst cashed up for drilling
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Catalyst Metals has raised $439,650 to fund its next phase of drilling at the Four Eagles gold project near Bendigo in Victoria. Catalyst has completed a share placement of 1.3 million ordinary fully paid shares at a subscription price of 35 cents per share to raise the funds. An aircore and diamond […]
Invictus begins drilling campaign
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Invictus Gold has commenced the maiden drill program at the Scartwater prospects located on the company’s 100 per cent-owned Drummond Basin project in Queensland. The company will be conducting a program of 4,000 metres of reverse circulation (RC) drilling. This will be carried out over the Scartwater prospects as well as the […]
Pacrim drills into Kelly prospect
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Pacrim Energy has received results from a recently completed program of RC drilling on the Kelly prospect located within its 100 per cent-owned Redcliffe gold project near Leonora in Western Australia. The program was carried out to infill and extend zones of gold mineralisation the company had previously identified to a vertical […]
Elvis has left the building Oct 7
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Appointment of New […]
Magma exercises Beaver option
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Perth-based Magma Metals has exercised its option to purchase the Beaver Lake claim, located within its Thunder Bay North platinum-palladium-copper-nickel project in Ontario, Canada. The Beaver Lake claim covers an underground mineral resource as well as a newly defined eastern extension to the underground mineralisation the company had announced in August. It […]
Centaurus increases Jambreiro Resource
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Iron ore-focused company Centaurus Metals has increased the JORC compliant resource estimate for its flagship Jambreiro iron ore project in the State of Minas Gerais, Brazil by 65 per cent. The company’s new estimate stands at 116.5 million tonnes grading 26.8 per cent iron. The updated JORC Resource estimate (combined Measured, Indicated […]
Azumah hits two new prospects
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azumah Resources has received some promising results from two of its prospects located between the adjacent flagship Kunche and Bepkong deposits at the company’s Wa gold project located in northwest Ghana. Wide spaced RC drilling carried out by Azumah at the Aduane target has returned intercepts including: – 14 metres at 2.31grams […]
Emmerson makes second Tennant Creek discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Tennant Creek-focused gold-copper explorer Emmerson Resources has discovered its second high-grade copper deposit. This new discovery called Goanna is located within its 100 per cent-owned Tennant Creek Mineral Field leases in the Northern Territory. It also lies within, what Emmerson describes as the “highly prospective” Gecko Structural Corridor. The discovery of Goanna […]
Looking past near-term turmoil and gold market weakness
/in Uncategorized /by Wally GrahamSo apparently the gold bubble has burst, at least according to the media. The weakening value of gold over the fortnight in particular has led to a rash of negative comments with respect to the metal’s future. One really has to take a step back and put a commodity’s price fall into its proper perspective. […]