Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Traka Resources
Historic WA antimony hits drive Octava share price hike
The ASX share price of Octava Minerals surged almost 200 per cent today after the company revealed high-grade antimony hits from historic drilling at its Yallalong project, 220km north of Geraldton in Western Australia. The finds include an impressive 3m at 6.83 per cent antimony and 7m at 3.27 per cent at a time when the silvery metal is all the range on global markets.
Explorers to raise $19m
Bryah is raising funds to progress drill activities in WA. Photo: Bryah Resources facebook twitter linkedin print Explorers Kin Mining, Mindax and Bryah Resources have each launched capital raisings today, with majority of the proceeds to advance drill programs in Western Australia, while Chile-focused Tesoro Resources is seeking funds to advance its El Zorro gold project. To read more, please Login below or Subscribe.
3.5 ounces to the tonne for Kingwest near Menzies
Kingwest Resources has rounded out the year well at its Menzies gold project with the First Hit prospect returning some very nice gold hits including 2.48 meters grading 23.22 grams per tonne that included almost half a metre going a whopping 110g/t – or 3.5 ounces to the tonne gold.
Kingwest hits grade at Menzies
Kingwest Resources’ Menzies project has gold hits coming in thick and fast with the latest round of results identifying two previously unrecognised high-grade lodes in both the hangingwall and the footwall of the Princess May historical deposit at the company's Yunndaga prospect. Kingwest drilled an additional four diamond holes, with the decision paying off in the form of some sensational grades.
Castle shares skyrocket on Ghana farm-out deal
Shares in Castle Minerals have risen by as much as 150 per cent today, after the junior gold explorer signed a US$11.7 million ($17.2 million) farm-out agreement for two of its licences in Ghana.
Black Rock’s Tanzanian graphite prices set in stone
ASX listed graphite developer Black Rock Mining has now agreed to pricing with four of its five Chinese offtake partners, for the high quality, premium flake product to be delivered from the outstanding Mahenge project in Tanzania. Importantly, the pricing framework is consistent with the concentrate basket prices used in the company’s robust DFS for the project, outlined in October last year.
Black Rock appointments to drive African graphite play
Black Rock Mining is gearing up to advance the impressive Mahenge graphite project in southern Tanzania, this week appointing two experienced executives to bolster the company’s Board. Well respected mining veteran Ian Murray will join Black Rock as a Non-Executive Director and utilise his global networks and industry expertise to assist the company in structuring and financing the project for the potential start-up of construction activities later this year.
Kairos makes new nugget find in Pilbara
ASX listed Kairos Minerals continues to build the case for conglomerate gold at its Croydon Project in the Pilbara region of WA, with the discovery of a further 135 gold nuggets weighing over 11 ounces in two locations. These finds follow hot on the heels of the company’s initial discovery in September of a bonanza patch of 256 nuggets weighing over 8 ounces, mere weeks into its 2018 conglomerate exploration program.
Capricorn drops capital cost to $132m
Capricorn Metals has flagged a reduction in the capital cost of its planned Karlawinda gold project near Newman to $132 million following an optimisation study.
Capricorn adds $100m in value to gold play
Capricorn Metals has stacked on nearly $100m in net present value at its Karlawinda Gold Project after tweaking the various expected inputs and outputs associated with its soon to be built gold mine near Newman in W.A. A recent optimisation study catapulted the forecast pre-tax NPV from $144m to $243m, a jump of some 69%. The upgraded financial forecast is mostly due to a sizeable increase in reserves, a smarter processing flow sheet and a 10% reduction in expected capital costs.
Oz Minerals advances Cassini joint venture
OZ Minerals has progressed its joint venture with local explorer Cassini Resources at the West Musgrave nickel-copper project after positive results in a further scoping study. Stage two of the farm-in agreement allows OZ Minerals to earn a 51 per cent stake in West Musgrave, which is located south of Jameson, with an investment of $19 million.
Kula shareholder backs Geopacific offer
Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer. Perth-based Geopacific announced this morning that Pacific Road, which owns a 37.2 per cent stake in Kula, had accepted the takeover offer, increasing Geopacific’s voting power in Kula to 56.2 per cent after another major shareholder already accepted the offer.
Graphex raises $2.6m for Chilalo
Graphex Mining has tapped investors for $2.6 million as it moves ahead with development of its Chilalo graphite project in Tanzania, where changes are being made to how the country’s government receives royalties from mining operations. Perth-based Graphex raised the funds through the placement of about 12 million shares to professional and sophisticated investors at 22 cents a share.
Graphex rebounds on Chilalo funding commitment
Shares in Tanzania-focused Graphex Mining rebounded after the company announced it had struck a revised agreement with its Chinese partner over the Chilalo graphite project. Graphex, a spin-out company of Indiana Resources, said the syndicate of investors led by CN Docking Joint Investment & Development Company, had agreed to revised terms of a joint venture and equity investment deal for Chilalo.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Traka
Contact Traka, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack