Adam Kiley

Lithium Australia (ASX:LIT) was one of the first groups to identify the growing demand for lithium on the ASX. However, unlike the majority of other lithium focused companies that have ambitions to discover and eventually produce lithium concentrate, Lithium Australia has plan to become a vertically integrated producer of lithium... Show More

Adam Kiley

Carbine has announced significant additions to their executive management team that will drive the development of Mount Morgan gold/copper tailings re-treatment project through final feasibility, construction and first production. The key changes include Tony James as Managing Director, John Fitzgerald as Non-Executive Chairman, Graham Brock as Non-Executive Director and Chris... Show More

Adam Kiley

Cassini Resources (ASX:CZI) has commenced exploration activities at its 100%-owned X17 zinc-lead Project in the West Arunta region of Western Australia. Cassini previously announced the discovery of zinc-lead (Zn-Pb) soil anomalies and associated gossan outcrops in the region. We interviewed Executive Director, Greg Miles to provide an overview of the... Show More

Adam Kiley

Carbine has come a long way in the past 12 months as they completed an impressive PFS, agreed offtake terms for their copper sulphate and pyrite production as well as a new major shareholder joined the register (GR Engineering - completed the PFS). Show More

Adam Kiley

Blackham Resources (ASX:BLK) released a positive Definitive Feasibility Study (DFS) for their Matilda Gold project located in Wiluna, Western Australia last week. Below is an interview with Managing Director, Bryan Dixon, to discuss the results. Topics discussed include the mine life extension, the capital and operating costs assumptions, metallurgical recoveries... Show More

Adam Kiley

Blackham is on track to become the only new significant gold producer (+100koz) in Australia during 2016. The DFS confirmed the Project's robust economics and minimal initial capital requirement ($32m) for a project of this size and scale. We believe that limited additional capital will be required given the existing... Show More

Adam Kiley

Boss Resources (ASX:BOE) announced a resource upgrade at their Honeymoon Uranium Project of 27.6 Mlbs U3O8 at a grade of 820ppm. The increase comes less than two months since Boss acquired the Honeymoon Project, which is one of only four uranium projects in Australia to be fully permitted for Uranium... Show More

Adam Kiley

The movement in the uranium price have been well documented over the past decade with numerous well publicised events. However the uranium price has been one of the few commodities that has stabilised over the past 12 months in US dollar terms and has actually increased in Australia dollars. Show More

Adam Kiley

Boss Resources (ASX:BOE) recently acquired the Honeymoon Uranium Project in South Australia. The project is one of only four fully permitted uranium projects in Australia. Approximately $170m has been spent on infrastructure at the project, as production commenced in 2011, however was later placed on care and maintenance in 2013... Show More

Adam Kiley

We interviewed Managing Director, Bryan Dixon regarding the PFS results. Key topics discussed include the key outcomes from the study, details regarding the increase to the mineable resource and the potential for further upgrades in the future, key targets for the DFS (1Q16) as well as the timeline towards production.... Show More

Adam Kiley

Carbine Resources (ASX:CRB) who is re-developing the historical Mount Morgan gold project in Queensland, have announced a Principal Off-take Agreement (POA) for the sale of pyrite concentrate with global industrial mineral distributor, Talana Limited. Annual revenue from the agreement is projected to generate over A$25m p.a. as well as reduce... Show More

Adam Kiley

Blackham Resources (ASX:BLK) has released a positive Pre-Feasibility Study (PFS) for their Matilda Gold project located in Wiluna, Western Australia. The key highlights in the PFS include an increased mine life (540,000oz), low forecasted operating costs (AISC Cost - A$1,150/oz), low capital costs ($28.0m) and a short payback (14... Show More

Adam Kiley

Blackham Resources (ASX:BLK) is developing the Matilda Gold Project which is located in Wiluna, Western Australia. Since consolidating the project in 2014, Blackham has significantly advanced the project's development as production (100,000oz Au pa) is due to commence by mid-2016. Show More

Hi Patrick, The resource is JORC complainant and it is actually a bit larger at 4.7Moz (of which 1.2Moz is free milling ore). I would expect this to grow further with the recent drill results as well as an initial reserve statement in the coming month. Regarding the PFS, it is due next month and the DFS by the end of the year (first production mid next year). The time line is much shorter than usual as most of the infrastructure is already in place which has also significantly reduced the Capex ($25m). Hope this helps. The full report including a more detailed analysis (valuation, risk & upside), site trip to the operation and management interviews is below. http://thesophisticatedinvestor.com.au/coverage-video/?filter=blackham-resources&report=initiation-report-september-2015

On Initiation Report: Blackham Resources (ASX:BLK) -