Bellevue Gold (BGL) - Stellar Drill Results Continue

May 27, 2020

BGL released further results from the ongoing drill campaign at its 100% owned Bellevue Gold Project in Western Australia. Better results from infill drilling at the Deacon Lode included: 5.3m @ 54.5 g/t gold, 1.5m @ 168.8 g/t gold and 2.5m @ 49.2 g/t gold. Deacon is shaping up...

Agrimin (AMN) - Major Project Status Granted And Entitlement Offer Completed

May 26, 2020

The Federal Government has recently granted the Lake Mackay SOP project in central Australia Major Project Status. This is an important validation step for the project and will help progress the project through the approvals process. The Lake Mackay project will create up to 600 jobs in the broader...

Salt Lake Potash (SO4) - Lake Way Bore Update

May 21, 2020

SO4 have drilled and pump tested the initial brine extraction bore for the Lake Way SOP project. Over 17 days the bore flowed at a constant 18 litres per second with a Potassium grade of 15.9kg/m3 of SOP which is at a rate and grade higher compared to what...

Pantoro (PNR) - New Discovery At Panda

May 21, 2020

Pantoro Ltd (PNR) has made a new high-grade discovery close to the Scotia Mining centre at its 50% owned Norseman Gold Project. The Company has drilled 37 holes, and mineralisation currently extends 130m along strike and from surface to 100m down-dip. It remains open along strike and down dip....

Matrix (MCE) - Pipeline Conversion Stalls

May 18, 2020

Starting 2H20 with a weak $10m order book, MCE needed quick conversion of the ~$50m tender pipeline.  C-19 has put paid to that, and MCE expects weak conditions to extend into 1H21.  While a $15.9m net cash position provides breathing space and helps underpin a near-term target price of...

Centaurus Metals (CMT) - Handed The Keys To Jaguar

May 8, 2020

In September 2019, Centaurus Metals (CTM) executed an acquisition agreement with Vale for the Jaguar Nickel Sulphide Project in the Carajás region of Brazil. Jaguar has a non-JORC resource of 40.4Mt @ 0.8% Ni, mineralised from surface. Importantly, the deposit contains several zones of high-grade massive nickel sulphide grading...

Pantoro (PNR) Company Update - Hunting The Big Prize

May 8, 2020

PNR's Norseman Project has produced excellent drilling results to date, and PNR is well on the way to defining a minable inventory. The Norseman area is a mature mining region, and as a result, has a large amount of mining infrastructure in place, including  serviceable underground mines, sealed roads...

De Grey (DEG) - Aquila Links Up With Crow

May 5, 2020

De Grey Mining (DEG) has shown continuous mineralisation between the Aquila and newly discovered Crow zones within the Hemi prospect, part of the Mallina Project in Western Australia. A line of RC drill holes heading north from Aquila indicate that the Crow Zone is within the same intrusive body....

Contract Miners - Likely Outperformers

May 5, 2020

The impact of C-19 to date reinforces our view that Australian small/mid-cap contract miners are likely to financially outperform companies across most other industrial sectors in 2H20.  We make our case in this note and suggest, given their current low trading multiples, share price outperformance as well through the...