ALL THE NEWS
Winmar Resources drills namesake deposit
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Iron ore exploration play Winmar Resources has announced some recently received results from its 12,000 metre RC drilling extension and infill program at the Winmar Deposit, at the company’s Hamersley Iron project in the Pilbara region of Western Australia. The results further enhance the company’s Winmar plans to confirm a JORC Resource upgrade […]
Aquilla Resources tables PFS on Hardey
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Aquila Resources has announced positive results from the Pre-Feasibility Study of the development of the Hardey iron ore deposit being developed by its 50% owned Australian Premium Iron Joint Venture. Aquila identified the completion of the PFS for Hardey as the first stage in leveraging the investment in the West Pilbara Iron Ore […]
Brockman Resources – Wah Nam no thank you Ma’am
/in Uncategorized /by Wally GrahamBesieged iron ore hopeful Brockman Resources released a letter to its shareholders updating them on the recent takeover activity from hostile suitorWah Nam International Holdings. In the lengthy letter Brockman advised shareholders, “Wah Nam had publicly advised that it had received acceptances for its offer bringing its holding in Brockman to 45.39 % of the […]
Cazaly Resources gets Freo Heave-Ho
/in Uncategorized /by Wally GrahamCazaly Resources has been told by the Fremantle Port Authority that it has not been allocated any export capacity at the Kwinana Bulk Terminal for its Parker Range Iron Ore Project. Fremantle Ports has determined that the available export capacity will instead be allocated to a competing iron ore developer in Griffin Coal. Fortunately Cazaly […]
The world economy – it is essentially all over the place.
/in Uncategorized /by Wally GrahamStephen Bartrop managing director of Sydney investment house Lime Street Capital kicked off the final day’s proceedings with a quick snapshot of the world economies. Opening his address Bartop gave a quick synopsis of what is happening around the globe. “China, we know it’s slowing – by how much and the real estate bubble risks […]
Red October Resources hunting in Kazakhstan
/in Uncategorized /by Wally GrahamWest Perth-based Red October Resources has announced it is evaluating several advanced mineral projects in the Central Asian Republic of Kazakhstan. “On the heels of our recently completed initial public offering, we are working to hit the ground running as we strive to bring about early and significant returns to the investors who have put […]
RIU Sydney Resources Round-up Day Two
/in Uncategorized /by Wally GrahamCatalpa Resources managing director Bruce McFadzean stood before the assembled delegates at the RIU Sydney Resources Round-up on the back of a market release that announced recent report exploration assay results the company has recently received from the Cracow Gold Operations in Queensland. The recent activity has been targeting high grade epithermal gold mineralisation south […]
Sheffield Resources rock chips return high grade iron
/in Uncategorized /by Wally GrahamBulk minerals explorer Sheffield Resources has announced high grade iron results from rock chip sampling on its tenements located in the eastern Pilbara region of Western Australia. Initial helicopter-supported reconnaissance took 40 samples, which outlined new zones of iron enrichment on three of Sheffield’s four recently granted iron ore tenements in the region. The most […]
Ampella scores positive drill results at Konkera
/in Uncategorized /by Wally GrahamAmpella Mining has announced the hit of multiple wide high-grade zones of gold mineralisation during infill drilling at the Konkera 2.2 million ounce gold JORC Code Compliant Resource on its 100% owned Batie West Project in Burkina Faso, West Africa. Konkera has an Indicated Resource of 22.5 Mt at 1.6 grams per tonne gold for […]
Maximus Share Purchase Plan raises $707,500
/in Uncategorized /by Wally GrahamThe recently closed non-renounceable share purchase plan of South Australian gold play Maximus Resources, which closed on Wednesday 4th May 2011, raised a total of $707,500 before costs. This represents approximately 41.6 million new shares to be issued to the 112 participating shareholders. Proceeds from the SPP will be used principally to fund completion of […]