Wobbles continued on global equity markets overnight, which flowed through to the local market.
MARKET ACTION: One company climbed 11.5%, most volume in over a year.
Intermin recently revealed bonanza grade gold results from reverse circulation drilling at its Selkirk prospect.
We are joined exclusively by the recently appointed managing director, Jon Price, in Proactive Q&A Sessions™.
The diamond drill hole continues to confirm that the gold mineralisation occurs within the hydrothermally altered volcaniclastics and monzonite granitoids with relatively consistent grades throughout.
Redflow has developed the worlds smallest, most advanced flow battery, which is cost effective, while being a safe energy utilisation and storage solution. With further proliferation of its technology into commercial and residential applications, this would deliver significant commercial benefits.
Now that all assay results are available from Maibele North, independent consultants, Worley Parsons, can complete the ongoing pre-feasibility study that was commissioned late in 2015.
Highfield has received a Buy rating and a A$2.30 target from Sydney's Foster Stockbroking. Shares in Highfield last traded at $1.75.
The scoping study confirms the standalone economic attractiveness of developing the Copi North and its commercialisation potential. There could be as many 10-20 other HM deposits on BPH's tenements in Western New South Wales where a small, mobile processing plant could be used then relocated beyond Copi North.
Blackham has a clear strategy to become Western Australia’s next +100,000 gold ounce per annum producer, with production to commence mid-2016 from oxides and high grade free milling reefs.
The high grade intersections will improve the maiden Far West Up Dip Extension resource estimate, as well as the overall economics of Thalanga. The next set of results will be highly anticipated. Foster Stockbroking rated Red River as a Speculative Buy.
John Prineas, executive chairman, said: “Further DHEM modelling at the Windsor target is very promising and supports the potential for massive nickel sulphide mineralisation."
St George is gearing up for a drilling program in the Yilgarn Craton of Western Australia, which is world class and boasts an endowment of over 300 million ounces of gold.
A change of name to ATC Alloys Limited and manufacturing tungsten and other specialty alloys is also part of a 2016 course chartered by Hazelwood's executive chairman Mark Warren after a profitable month producing ferrotungsten.