Orrex looks for Mile ’n a bit
May 16 - 22, 2012
A DEEP drill hole to find the southern extension of the famed Golden Mile mineralisation near Kalgoorlie in Western Australia that has yielded tens of millions of ounces while being mined for over 100 years will begin next week.
More ore can go Linggo's way
May 16 - 22, 2012
EXPECT more good exploration results from Kingsrose Mining and its swag of new prospects near its highly profitable gold and silver Way Linggo mining venture on the island of Sumatra, Indonesia.
Castle builds case for graphite
May 9 - 15, 2012
YOU need some luck in the exploration caper and Castle Minerals managing director Michael Ivey had a bit when he recently recalled having previously seen historic references by Russian prospectors seeking manganese in the 1960s on ground now held by Castle in Ghana.
Plenty still in the Tank, says analyst
April 25 - May 1, 2012
COPPER and gold miner Straits Resources appears to have a major new copper discovery on its hands, with the Avoca Tank prospect near its Tritton operation in New South Wales producing a De Grussa-esque drill hit ... if not a Sandfire-esque market reaction.
Big bets placed in Nevada gold country
April 25 - May 1, 2012
APRIL 24 - ‘BETTING the company’ or taking a calculated risk? It is the latter at this stage, but when you are drilling $US1 million holes, fair to say it doesn’t take long for the former assessment to come into play. Still, if drilling Navaho Gold is doing in the gold and casino country of Nevada comes up trumps, it tends to be a jackpot in a very big way indeed.
Talga's change of place
April 18 - 24, 2012
IT IS a long way from Marble Bar to northern Sweden and shareholders of Talga Gold can in fact thank the inimitable Robert Friedland for the new adventure their company is taking in swapping one extreme weather locale for another.
Looks like a turtle, but Helix sees beauty emerging
April 18 - 24, 2012
WHEN it comes to value, beauty, as they say, is very much in the eyes of the beholder. Helix Resources is a case in point.
Widubosh a puzzle worth solving
April 18 - 24, 2012
WHEN he talks to those who have been around the gold industry for decades, he gets a good reception – they can evidently see the opportunity at hand. And big resources fund BlackRock, for example, is now a backer. But when Paul Crmlec talks to the younger analysts of today, he often sees them scratching their heads in a ‘this does not compute’ kind of way.
SAM signs useful on road to gold production
April 18 - 24, 2012
APRIL 23 - THE application of sub-audio magnetic (SAM) surveying may be shaping as a useful pathfinder for the company trying to open up a new Australian gold province, Gold Road Resources. The minnow is currently working very hard to get maximum value from a $A1.5 million-a-month exploration effort at a time when, according to the broader industry narrative, it’s exceedingly difficult to do so.
Breaking the ice
April 11 - 17, 2012
RAISING $A8.5 million for a gold IPO in the current market looks very good going indeed, especially when the company in question is targeting ground in the eastern goldfields of Western Australia, a part of the world not exactly dripping in sex appeal given its perceived maturity. But Breaker Resources has a whole new interpretation and great recent finds like those at Tropicana and Garden Well guiding it – and hence the strong market support.
Artemis takes high road to Lowlands
April 11 - 17, 2012
LEVERAGE ahead for the $A7 million market capped Artemis Resources with drilling of a promising geophysical target set to begin in the next 2-3 weeks in the multi-million ounce gold country near the Bronzewing and Jundee mines.
Balamara looks beyond coal in Poland
March 28 - April 3, 2012
BALAMARA Resources has become the latest ASX-listed company to try and tap the resource potential of Europe after this week beginning drilling ground that neighbours a globally significant copper operation in Poland.
Between a rock and a hard place
March 21 - 27, 2012
IF IT wasn’t so common, some could be forgiven for scratching their heads in befuddlement. A company, in this case Phosphate Australia, comes out last month with a headline gold hit from the company’s maiden drill program of 28 metres grading 6.7gpt from 25m depth and all the market can muster is a collective yawn. Even with the gold price sitting in a stratospheric holding pattern!
Digging a little deeper on Mumbwa
March 14 - 20, 2012
WITH scoping work under way the big question remains, what might Blackthorn Resources have on its hands at its Mumbwa project in Zambia?
Read’s focus remains on copper
March 7 - 13, 2012
AFTER suffering a market freeze in 2011 akin to the weather in northern Sweden at this time of year, Avalon Resources is hoping for a much warmer reception from investors in 2012 with a raft of board changes and the successful Jeremy Read installed as managing director. And with copper at its Viscaria project in Sweden, very much back at the forefront.
Intrepid waits to claim hit
February 29 - March 6, 2012
OUTSTANDING exploration results continue to be the order of the day for Intrepid Mines in Indonesia but according to Merrill Lynch, finalising the ownership structure for the Tujuh Bukit project remains the key catalyst for the company from a market perspective.
Indochine keen on Hidden Valley model
February 22 - 28, 2012
RECENT projects don’t come much more colourful than the Mt Kare gold project in Papua New Guinea, the scene of a huge gold rush 23 years ago that, invariably, attracted all the usual types of suspects in its wake. ASX-listed Indochine Mining though, now plans to finally give the story a happy-ending though in the shorter term it’s got one or two corporate strategy issues to navigate.
Signs point to a copper project
February 22 - 28, 2012
NEW headline grabbing junior Ventnor Resources appears to be staring down the barrel – or more precisely down the drill hole – at a significant looking copper development north of Meekatharra in Western Australia.
Weighing up Sandfire odds
February 15 - 21, 2012
TERRY Burgess at OZ Minerals would have mixed feelings about an analyst report late last week which, in the vernacular of the market, is more “conservative” than most with regards the exploration potential offered by Sandfire Resources.
Sheffield looks for luck of Iluka
February 15 - 21, 2012
COULD mineral sands explorer Sheffield Resources enjoy some of the luck Iluka had some years back in South Australia’s Eucla Basin at the junior’s Dampier project in the Kimberley region of Western Australia?
