Proactiveinvestors Australia

ARTICLES

• Friday, February 27, 2015
  A-Cap Resources launches $4M raising to complete Letlhakane feasibility
  

  The entitlement issue is raising up to $4M which is proposed to be fully underwritten by Ansheng Investment Company. Funds will be used to further feasibility work necessary for a mining licence application for the Letlhakane Uranium Project.

• Friday, February 27, 2015
  Wall Street mixed as crude oil plunges 5.5%
  

  U.S. stocks settled little changed again Thursday as investors took in mixed data, including a report that showed inflation over the past 12 months turned negative for the first time since 2009. Gold gained and oil slumped. The ASX SPI 200 is up seven points to 5885.

• Thursday, February 26, 2015
  PanTerra Gold to earn controlling interest in Canada gold mine
  

  The strategic agreement with Canarc Resource Corp will underpin future growth and profitability. Development of the New Polaris Gold Mine should ensure continuation of the Las Lagunas project at substantially increased production.

• Thursday, February 26, 2015
  Freelancer receives Buy recommendation, A$1.35 price target from broker
  

  Freelancer has received a Buy recommendation from a Sydney-based stockbroker with a price target of A$1.35. FLN last traded at $0.915.

• Thursday, February 26, 2015
  MacPhersons Resources delivers resource boost to Nimbus-Boorara
  

  The size of the Boorara deposit has swelled 47% to 10.8Mt at 1.0g/t gold for 340,000oz. The low discovery cost has been just $11.30/oz gold. Success in growing inventory should extend the project’s forecast mine life beyond 5.5 years. Nimbus estimate expected in April.

• Thursday, February 26, 2015
  Mining Projects Group drilling new nickel sulphide channel at Roe Hills
  

  Exploration is continuing for larger, potentially economic nickel sulphide deposits at the Roe Hills project. Mining Projects Group has expanded the next major stage of the program to identify and drill test strategic targets along the entire 40 kilometres strike.

• Thursday, February 26, 2015
  Triton Minerals engages consultants to drive Nicanda Hill DFS
  

  A team of consultants will assist Triton with the rapid development of the Nicanda Hill graphite project towards production. The Definitive Feasibility Study is due for completion before the end of 2015. Sampling at Ancuabe has been encouraging with 85% of the graphite flakes liberated exceeding 212μm.

• Thursday, February 26, 2015
  Pioneer Resources’s MD David Crook speaks to Proactive Investors
  

  Pioneer Resources is gearing up for new drilling programs at its Fairwater Nickel Project in the highly prospective Albany-Fraser Orogen, and also at the Blair Nickel Project.

  David Crook, MD, talks exclusively with Proactive Investors about the current funding and exploration programs.
  

• Wednesday, February 25, 2015
  WPG Resources identifies 14 prospects at Tunkillia for priority exploration
  

  The 14 priority prospects will be the target of follow-up exploration work by WPG Resources. This includes sampling, modelling and drilling. These prospects were selected from 33 generated from a major review of historical data compiled by previous explorers.

• Wednesday, February 25, 2015
  Phoenix Gold study highlights exploration potential of Zuleika Shear
  

  A geological study has identified multiple targets within the company’s 500 square kilometre tenure on both the Kunanalling and Zuleika shear zones. Phoenix is now preparing drilling programs. The company already has a plus 4Moz gold bounty, including a 1.16Moz reserve.

• Wednesday, February 25, 2015
  Manas Resources’ Shambesai still a low-cost, high-margin gold project
  

  An update to the Shambesai BFS shows that it remains an attractive gold development project with Capex to first gold pour of US$41M and total life-of mines costs of US$720oz. Net cash flow is US$138M with payback expected within 10 months. IRR is a mouth watering 106%. This is based on a gold price of US$1,300oz.

• Wednesday, February 25, 2015
  South Boulder Mines Colluli potash resource swells to 1.28Bt
  

  Colluli is one of the largest potassium sulphate resources globally, with 97% of the 1.289Bt resources in the Measured and Indicated categories. A Maiden reserve will be completed by AMC.

  The PFS for potassium sulphate production is on track for completion in February 2015.