Surveys and soil sampling at Bellbird has now commenced, which will identify deeper targets expected to be drilled later in 2015.
KGL remains on-track to deliver its resource upgrade in July 2015.
Drilling at the D Zone of the company’s Viscaria copper deposit has returned increasingly better results with the orebody getting thicker with higher grade intercepts. This will support development planning scenarios currently being addressed in the Scoping Study.
Wall Street climbed overnight, rebounding from midday losses, as a last-minute diplomatic scramble got under way to keep Greece from defaulting on its debt payments.
The ASX SPI 200 is off three points to 5475.
The acquisition of Octiplex will establish Newzulu Mobile as a world leader in mobile app development for the media and advertising industry. It will also reduce its previously outsourced mobile development costs.
The P-Fuel technology effectively creates a positive fuel source from waste plastics. The fuels provide an alternative to biofuel.
Bisan holds a 16% stake in P-Fuel Limited.
The receipt of $2 million in placement funds and the $0.8 million research and development tax rebate places the company in position to resume drilling at Bennet Well. A resource update is expected in early July.
Botswana Metals has intercepted sulphide mineralisation in all three step out holes at Maibele North. The ore body is open to the east, west and at depth. Three rigs are on-site so newsflow will be strong. The drill cores are being cut, with assays expected in weeks.
Contract research organisation Simbec-Orion has been selected to fast track plans and logistics for the upcoming HER-Vaxx gastric cancer human clinical trial.
Rubicon Resources will provide key support services as Triton accelerates development of the world’s largest flake graphite deposit. Further business arrangements being considered by both companies.
The reduction in forecast pre-production capital expenditure to A$143 million should galvanise project financiers for the critical technology metal Watershed Tungsten project in North Queensland.
The reduction of the sale price and elimination of any cash obligations to the vendor until completion of the Definitive Feasibility Study increases the ability of the Guadalupito Project to attract a potential joint venture partner.
The Bankable Feasibility Study has demonstrated that the company’s High Purity Alumina (HPA) project offers a real alternative to current Chinese and Japanese producers.
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