EDITION #370
Perth, Western Australia - Wednesday May 8, 2024 |
When, oh when, will my gold stocks get taken over? |
Shaw and Partners WA State Manager Davide Bosio waxes lyrical about the stubbornness of junior gold exploration stocks that many thought would run hard or be taken over amid the highest of gold price highs. |
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Westgold eyes production with 547g/t Mid West gold hit |
Westgold Resources has its sights set on production at its Great Fingall project in WA as soon as next financial year after a 3.03m hit at a huge 547 grams per tonne gold from 205m at its Fingall Flats target. |
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New WA gold haul to trigger next Auric cash splash |
After pocketing $4.7 million from its savvy Jeffreys Find project in WA’s Goldfields region in 2023, Auric Mining is again ready to fill the till after collecting more gold from a new campaign at the site. |
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Hot Chili to pump in $29.9m to develop Chilean copper play |
Hot Chili has loaded its financial base with a $29.9 million fundraising campaign aimed at supercharging its Costa Fuego copper hub in Chile – at a time when the copper price is at a 60-year high. |
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Copper here for long run, says Xanadu boss Colin Moorhead |
Xanadu Mines managing director Colin Moorhead has joined the growing chorus of industry experts predicting a commodity “supercycle”, with the spot price for copper rising almost 15 per cent in the past year. |
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Ore sale deal to fuel Horizon cash flow from WA gold |
Horizon Minerals is on the path to its first cash flows from mining its Boorara gold deposit in WA after entering an ore sale agreement with Paddington Gold for the treatment of 1.4 million tonnes of ore. |
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White Cliff poised for multi-metal Canadian mission |
White Cliff Minerals is ready to scratch into the surface at Canada’s Great Bear Lake after securing Federal Government approval for all of the licences at its Radium Point uranium-copper-gold-silver project. |
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Allup peels back Pink Bark layers to unveil WA kaolin stash |
Allup Silica has identified a potentially massive kaolin clay deposit following broadly-spaced exploration scout drilling for silica and rare earths at its Pink Bark project near Esperance in Western Australia. |
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Vanadium mission earns timely tax offset for Surefire |
ASX-listed Surefire Resources will commit a tidy $454,000 tax rebate towards extending its research and development activities at its Victory Bore vanadium project in Western Australia’s Mid West region. |
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Gravity helps St George define WA rare earths targets |
St George Mining’s latest gravity survey program has unveiled four compelling targets with coincident high gravity and magnetic features at its Destiny project, some 100km south-west of the WA town of Kambalda. |
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Cyclone alert: American West lines up Canada copper targets |
The identification of multiple new high-grade copper targets at American West Metals’ Cyclone prospect in Canada has the company contemplating its potential for resource growth at its wider Storm project. |
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Equinox rare earths hits earn a moment in the sun |
In the first of Bulls N’ Bears’ new weekly series, “Doug Bright’s Greatest Hits”, our senior analyst gets the dirt under his well-worn fingernails to pull apart some of last week’s most intriguing ASX finds. |
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