Perth, Western Australia - Wednesday December 22, 2021 |
Bulls N' Bears Client Xmas Party 2021
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The Bulls N’ Bears 2021 annual client Xmas Party on Sunday, December 5th was billed as the “Xmas Party to end all Xmas Parties” in the lead up to the event and it did not disappoint! Around 150 public company types attended with the bulk of our ASX-listed client Managing Directors making an appearance.
Merry Xmas from The Team at Bulls N’ Bears |
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Coda delivers stunning copper resource at Emmie Bluff
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In the lead up to Christmas, Coda Minerals has delivered a gift of its own – a maiden mineral resource for the Emmie Bluff Copper-Cobalt deposit at its Elizabeth Creek project in South Australia. The company calculated a resource of 43 million tonnes going at 1.3 per cent copper, 470 ppm cobalt and 11 g/t silver cementing its position amongst the largest known sediment-hosted copper deposits in Australia. |
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Altech scores “green” rating for HPA battery coating plant
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Altech Chemicals has attained a “Medium Green” rating for its proposed battery materials coating plant in Germany from independent Norwegian outfit, the Centre of International Climate and Environmental Research. A medium green classification potentially qualifies the plant as suitable for future financing through green bonds – a type of fixed-income instrument specifically earmarked to raise capital for projects that generate climate and environmental benefits. |
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Gascoyne fast tracks gold discovery strategy in WA
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Gascoyne Resources has revitalised its near-mine exploration strategy in the Murchison region of WA with a swag of high-grade gold results returned within a 5km radius of the 2.5Mtpa Dalgaranga Mill. The Perth-based gold miner is seeking to define several high-grade sources of ore feed within easy trucking distance to the low-cost mill whilst also unlocking the growth potential of its enviable land package in the north-eastern goldfields. |
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Horizon takes the reins at Penny’s Find gold project
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Horizon Minerals has reached an agreement to acquire the remaining 50 per cent of the high-grade Penny’s Find gold project from Labyrinth Resources. Horizon will transfer $500,000 cash, $250,000 worth of Horizon shares and a series of smaller payments including net smelter royalties pending Horizon bringing the project into production which lies 50 kilometres east of Kalgoorlie. |
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KalGold spies another gold target east of Kalgoorlie
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Kalgoorlie Gold Mining has spied out a gold target east of Kalgoorlie that it identified through geophysical interpretation. The same areas have recently turned up some cracking gold nuggets and the company is now planning a 3,000 metre-plus RC drill program to test the new target area. It also plans to drill test other established gold prospects that showed promising first pass drilling results. |
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More WA halloysite hits for Latin from Cloud Nine
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ASX-listed explorer, Latin Resources has delivered a smorgasbord of high-grade and shallow halloysite intercepts at its Cloud Nine deposit located at the company’s Noombenberry kaolin-halloysite project in WA. New intercepts include an impressive 19m hit grading 23.4 per cent halloysite from 13m, 18m at 17 per cent halloysite from 24m and 9m at 18 per cent halloysite from 28m. |
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More golden intercepts for Brightstar in Laverton
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Brightstar Resources continues to deliver sparkling results with significant shallow gold intercepts at its flagship Cork Tree Well prospect near Laverton in WA. The latest strikes include 26m going 2.97 g/t gold from 111m downhole and 17m at a respectable 3.09 g/t gold from 139m. These intersections are wider than the previous intercepts but still maintain similar metal tenor. |
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ADX spins Austrian drill bit
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ADX Energy spudded the Anshof-3 well in Austria’s Molasse Basin over the weekend, chasing an estimated 6.6 million barrels of oil equivalent with the target located only 50 metres away from an export pipeline. An independent report has given ADX and partner XState Resources a 43 per cent chance of geological success at Anshof-3, along with a 215 increase in proven, or “1P” reserves. |
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Strickland unearths large WA gold trend
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Aircore drilling by mineral exploration company, Strickland Metals has unearthed a hefty 1.3km long gold trend lying along strike to its multi-deposit Horse Well resource in Western Australia where about 129,000 ounces of contained gold have been defined. Stand out hits from the drilling include 8m at 3.3 grams per tonne gold from 40m that also takes in a higher grade 4m interval going 6.3 g/t gold. |
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St Barbara green lights takeover of Bardoc Gold
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The boards of St Barbara Ltd and its smaller peer Bardoc Gold Ltd have announced a $157 million buyout of Bardoc with St Barbara now set to acquire all the shares in Bardoc by way of a scheme of arrangement, at an almost 30 per cent premium to last Friday’s closing share price. Bardoc’s proposed Woodie Woodie manganese spinout would still proceed, according to the companies. |
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Venus uncovers WA rare earth anomalies
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Venus Metals Corporation has uncovered anomalous rare earth, gold and palladium mineralisation at its Mangaroon North project abutting Dreadnought’s prospective nickel-copper-PGE rich tenure in the Gascoyne region of Western Australia. Initial geochemical reconnaissance surveying has outlined multiple target areas that Venus is planning to extensively explore through geochemical sampling, geophysical surveying and drill testing during 2022. |
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Commissioned Concentrator rings in New Year for Wiluna
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Perth-based gold-miner Wiluna Mining is ringing in the new year with the successful commissioning of the sulphide ore concentrate plant at its namesake project in WA. As part of its major production ramp-up plan, the company is looking to treat 750,000tpa through the plant as it targets 90,000-100,000ozpa of gold in concentrate production by the end of the 2022 financial year. |
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Accelerate launches Pilbara manganese hunt
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Accelerate Resources has launched an exploration program at its recently acquired Braeside West manganese project in the Pilbara region of WA. The company has now collected a 200kg sample of manganese for metallurgical test work and acquired high-resolution imagery data to pinpoint targets for drill testing in the new year. Rock chip sampling at the project recently returned high-grade mineralisation including 55.3 per cent and 53.6 per cent manganese. |
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White Cliff exploration advances on multiple fronts
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White Cliff Minerals has wrapped up the heritage survey over its 100 per cent owned McCaskill Hill and Cracker Jack prospects, with further sampling and drilling planned for the wider Reedy South Gold Project. The company is planning to assemble a number of mineable ore bodies in the Reedy’s South Gold Project area, which can collectively underpin commercial operations. |
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