The Australian All Ordinaries was trading steadily today at about 5,250 points when this uranium hopeful added a spark to a quiet session.
Carnarvon Petroleum's managing director, Adrian Cook, has exclusively spoken to Proactive Q&A Sessions™ about the drilling of the Roc-1 well in permit WA-437-P in Australia's North West Shelf.
Kin will use the additional funds to drill four high-priority gold targets immediately south of the Sons of Gwalia 7-million-ounce mine in Western Australia. Assays are also currently pending from Mertondale.
Pioneer Resources has begun new drilling at its Acra gold property in Western Australia, where one prospect has demonstrated impressive potential for an important discovery.
Eclipse Metals is expanding its Liverpool uranium project in the Northern Territory as a recent funding drive aims to underpin exploration at a hot prospect in the area.
Thundelarra has improved the prospects for developing an economic inventory at its Sophie Downs project in Western Australia after a recent drill campaign discovered broad intersections of base metal and graphite mineralisation.
Exploration continues at speed for Black Rock in Tanzania, and now a reverse circulation infill program is underway at Mahenge. Drilling will start in early December at Bagamoyo. Next key catalyst will be the JORC Resource at Ulanzi.
Manalto's revenue generation scalability in the cloud is one aspect that has attracted sophisticated and professional investors to a $3.1 million raising. A share purchase plan has also been launched.
Cardinal Resources has enhanced the potential of its Namdini gold project in Ghana, with new drilling revealing wide intersections of mineralisation and helping define a strike length of about 900 metres.
St George’s East Laverton is situated in a highly prospective area which hosts the Tropicana 8Moz and Gruyere 5Moz gold deposits. The company will now undertake a major gold-focused drilling early in 2016.
The equity investment proposal would provide a fast track to construction of the Kola Mine and also bring a consortium to develop a strategy as to how best to progress Dougou and Yangala project development.
Altech Chemicals has reduced the expected costs of its HPA high-purity alumina project by relocating one of the major pieces of processing infrastructure to a more practical physical location.