The Australian equity market powered ahead today, despite the main indexes on Wall Street dropping 1% or more overnight.
Gold, silver and oil charged higher.
Wangle has developed patented algorithms to optimise data flow between devices which allows faster data transfer and reduces data overhead, while enhancing security and privacy.
Red River has commenced an initial two-hole diamond drilling program at the high-priority Truncheon target, within the Thalanga Zinc Project in central Queensland.
At least thirteen clusters of pegmatites along the 20 kilometre strike length at the project have been identified. Pioneer has now commenced a 4,000 sample soil geochemistry program.
Morné Engelbrecht, CEO, said: “This is an important development in a market that is highly receptive to UCG technology. The establishment of the centre funded by the university indicated the country’s willingness to establish a world leading UCG industry based on science.”
Daniel Kenny, CEO, said: "Our key focus in the shorter term is to achieve the CE Mark and enable commercial launch and first sales. We remain optimistic about a favourable decision shortly on the CE Mark."
Namdini represents a genuine new gold discovery in Ghana, and Cardinal has intersected mineralised zones of gold in its two latest diamond drill holes including: 1 metre at 68.3 g/t gold. Further diamond drill holes are planned to evaluate the mineralised corridor.
Admedus recorded a strong March quarter with sales of $3.3 million, up 73% on the corresponding period last year. The company now anticipate recording its strongest ever revenue performance for the June quarter 2016.
Hexagon will look to expand upon, the largest JORC Flake Graphite Resource in Australia, with less than 15% of the strike length potential at McIntosh drilled to date. This provides large upside potential to significantly increase the resource base.
The major indexes on Wall Street fell overnight as Apple fell again. Gold and oil gained.
The ASX SPI 200 is off 8 points to 5193.
The Oyut Ulaan project is strategically located within the South Gobi Copper Belt, which hosts the world class Oyu Tolgoi copper-gold project, and 260 kilometres east of Xanadu’s flagship Kharmagtai copper-gold project.
Predictive's strategy to operate in joint ventures keeps its cash expenditure low while still giving it exposure to sizeable discoveries on multiple projects.