News

Chalice Gold Mines has intersected a new style of platinum group elements-copper-gold mineralisation at its Julimar discovery northeast of Perth (reports MiningNews).

Chalice Gold Mines has intersected a new style of platinum group elements-copper-gold mineralisation at its Julimar discovery northeast of Perth (reports MiningNews). The wide mineralised interval was below the extended high-grade G1-G2 zones at the Gonneville Intrusive. Drilling returned 23.9m at 1.7 grams per tonne palladium, 0.4gpt platinum, 0.5gpt gold, 0.1% nickel, 0.7% copper and 0.02% cobalt from 314.9m to the end of the hole, including 10.1m at 2.9gpt palladium, 0.6gpt platinum, 1.2gpt gold, 0.1% nickel, 1.3% copper and 0.01% cobalt.

read more

Its Misima project in PNG is seen as the main game, but Kingston could find some easy pickings in white-hot WA gold country. Plus, Centaurus’ nickel success shows we were right to name it as the pick of the bunch at last year’s Diggers & Dealers

Kingston (ASX:KSN) is adding WA gold newsflow to its story while pushing on with development planning for its now wholly-owned 3.2 million ounce Misima gold project in PNG, one of the biggest gold resources held by a junior in the ASX space. The WA gold leg is Kingston’s Livingstone gold project near Meekatharra where previous drilling returned good grade shallow oxide mineralisation, and where a recent structural review pointed to the potential for large-scale primary gold mineralisation in bedrock at depth.

read more

It may already be majority owned by WA’s ubiquitous uber prospector Mark Creasy, but that didn’t stop investors piling into a $5 million raising by Coziron Resources (reports The West Australian).

It may already be majority owned by WA’s ubiquitous uber prospector Mark Creasy, but that didn’t stop investors piling into a $5 million raising by Coziron Resources (reports The West Australian). The company originally listed on the back of its Indonesian coal, iron ore and base metals assets in 2006, but switched its focus to iron ore and rode the heady mining boom days of early last decade.

read more

Strandline Resources continues to win strong support from broking houses around the country, with Hartleys the latest to increase its share price target on the emerging mineral sands producer.

Strandline Resources continues to win strong support from broking houses around the country, with Hartleys the latest to increase its share price target on the emerging mineral sands producer. In a new report released this week, Hartleys said its target for Strandline shares is now 42c (current price 27c). Strandline is in the throes of finalising funding for its Coburn project near Shark Bay in WA.

read more

One door shuts and another opens. That’s the best way to see this week’s change-over in commodity market sentiment

One door shuts and another opens. That’s the best way to see this week’s change-over in commodity market sentiment as iron ore started its inevitable decline after a spectacular 12-months to be replaced by strong demand and higher prices for copper, nickel and gold. The flip will not be immediate or universal but the trend is there for anyone to see, once you get past the latest outbreak of Covid-19 panic in the US and other parts of the world, including Australia’s own problem State, Victoria.

read more

The federal government will provide $150 million in financial backing for a new mineral sands mine in Western Australia that includes secondary rare earths capacity, as it continues to focus on developing critical minerals supply chains (reports The AFR)

The federal government will provide $150 million in financial backing for a new mineral sands mine in Western Australia that includes secondary rare earths capacity, as it continues to focus on developing critical minerals supply chains (reports The Australian Financial Review). The concession loan package for the Strandline Resources project will come from the Northern Australia Infrastructure Facility, which is accelerating allocations from its $5 billion funding pool.

read more

At first blush, Fenix Resources seems to be hearkening back to the boom days of 2012 with its plan to mine an iron ore deposit at Iron Ridge (reports The West Australian).

At first blush, Fenix Resources seems to be hearkening back to the boom days of 2012 with its plan to mine an iron ore deposit at Iron Ridge (reports The West Australian). The single project company has only a small resource 600km north-north-east of Perth and plans trucking its ore a mind-numbing 490km to Geraldton for export. But on closer examination of the numbers and prevailing market conditions, it seems the stars might just be starting to align for the unlikely project.

read more

Rarex executive director Jeremy Robinson says management is finding it “hard to tear ourselves away from the Trundle copper-gold porphyry joint venture exploration project in New South Wales at the moment”

Rarex executive director Jeremy Robinson says management is finding it “hard to tear ourselves away from the Trundle copper-gold porphyry joint venture exploration project in New South Wales at the moment”, with very keenly awaited drilling assays expected over the next 2-4 weeks (reports MiningNews). Deep holes at the Trundle Park and Mordialloc have both given the company and its Canada-listed partner Kincora Copper strong encouragement, with the latter prospect reportedly particularly promising.

read more

Upcoming Events

View All

8th Jul 2020

Investor webinar featuring Mincor Resources, Calidus Resources, Genesis Minerals & Pioneer Resources

Join us for our next investor webinar on Wednesday, 8 July 2020:

10th - 11th Nov 2020

Gold Coast Conference

With increasing global uncertainty regarding the outbreak of COVID-19 and in light of the latest advice from the Australian Government, including an indefinite ban on large indoor gatherings and in

© 2020 Resources Rising Stars All Rights Reserved