There may not have been fireworks on the ASX today, but there were at least some green arrows, making up for some of the recent losses. The market ended about 1% higher.
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.
High quality sulphate of potash magnesia (potassium magnesium sulphate of SOP-M) was generated from salts within the Colluli resource at the Saskatchewan Research Council. The product was generated in standard, granular and soluble form.
Western Australia's newest dairy market player Carbon Conscious has produced and delivered its first milk to a local processor, as the company advances a long-term supply deal for fresh exports into China.
Protean Wave Energy is acquiring patented wave power technology that is designed to convert ocean wave energy into a useful form of energy.
We are joined exclusively by Bruce Lane, managing director, in Proactive Q&A Sessions™.
Botswana Metals will undertake a non-renounceable rights issue to raise up to $1,011,145 before costs. The offer includes 7 new shares for every 9 shares held at the record date.
BBX is now sufficiently funded to enable work to continue on the exploration program, and to reconcile the inconsistences, at Juma East in Brazil.