Matt Birney

Matt Birney is the author and a Director of Bulls N Bears which is a joint venture between Business News and Birney Corporate Communications. Bulls N Bears is an ASX release distribution platform that "turbo charges" the reach of public company announcements by utilizing the significant resources and public following of Business News. Bulls N Bears delivers information driven by public company announcements to the tens of thousands of Business News subscribers, distributes it on Twitter to targeted financial markets participants and sends it to its 1000 strong database of financial journalists at every significant media outlet across Australia. Bulls N Bears also records and distributes radio interviews with public company CEO's for the purposes of thoroughly exploring the ramifications of a company announcement before uploading the link to each interview to its unique web portal that sits inside the Business News website. 

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Ounce to the tonne soils in PNG for Geopacific

Geopacific Resources has discovered some seriously high grade gold and copper anomalies from soil sampling at its Woodlark project in PNG. Samples of up to 32g/t gold and 1.4% copper were returned from soils across several mineralised corridors in the southern region. At Loluai, soil values peaked at 0.56% copper and 0.79g/t gold, whilst at Norac, soil values peaked at 0.97% copper in a 3 square kilometre corridor.

Calidus unearths 10 gold anomalies in the Pilbara

Calidus Resources has uncovered multiple walk-up exploration drill targets from a detailed soil sampling program across its flagship Warrawoona project, located 25km south of Marble Bar in the east Pilbara region of W.A. All targets lie within a 15km radius of Calidus’ major Klondyke deposit. The cashed-up explorer is continuing its infill and extension program ahead of a resource upgrade due in the December quarter.

Legend onto new Fraser Range massive sulphide target

Legend Mining has identified a 24km zone in the southern region of its Rockford Project in Western Australia’s revered Fraser Range region that sits on the same trend as the recent Independence Group Andromeda copper-zinc discovery. The company is planning to carry out a combination of aircore drilling and electromagnetic surveying in this area in September.

93% vanadium recovery for Venus at Youanmi

Venus Metals has announced some excellent upgrades and recoveries from metallurgical test work on fresh ore composites from its Youanmi vanadium project in the Murchison region of W.A. Results showed that vanadium pentoxide grades from a select sample nearly doubled from about 0.7% to 1.34% via simple crushing and separation of a magnetic concentrate. Further test work is underway to improve the overall recovery of vanadium.

Aspire to meet Mongolian rail conditions by 2Q 2019

Aspire Mining’s 80%-owned subsidiary Northern Railways has secured an 18 month extension from the Mongolian Government to meet the remaining conditions for its Erdenet to Ovoot Rail Concession Agreement. The company is targeting completion of the Definitive Environmental Impact Assessment and Management Plan and land use agreements by the June 2019 quarter and it will also look to have funding in place by then.

Calima almost drill ready in the Montney

Calima Energy’s review of horizontal drilling in the Canadian Montney oil and gas formation has left it confident that its planned wells will match the best practice of other successful operators in the region. The company plans to kick off drilling in December with one vertical well before drilling two horizontal wells that will be fracture stimulated and then production tested for 4-6 weeks.

Former Paladin Chief takes reins at Galena

Galena Mining has appointed former Paladin Energy Chief Executive Officer Alex Molyneux as its Managing Director and Chief Executive Officer with effect from the 1st of September 2018 as the company moves towards becoming a base metals producer. Current Chief Executive Officer Ed Turner will remain as the company’s General Manager of Geology and Exploration from the same date.

BlackEarth delivers maiden graphite resource

BlackEarth Minerals has delivered a maiden resource estimate of 11.2 million tonnes grading 7.1% total graphitic carbon at its emerging Razafy graphite prospect in Madagascar. The recent work will form the backbone of the Maniry project scoping study which is scheduled for delivery in the last quarter of 2018. The company also issued a massive exploration target for Maniry, ranging from 260-380 million tonnes @ 6-8% TGC.

More ounce to the tonne gold for King River

King River Copper has announced further outstanding drilling results from the narrow, but high grade Trudi Vein at its Mt Remarkable gold project near Kununurra in W.A. Several intersections returned bonanza grades near surface at the intersection with the Grahame Vein. The best result was 4m @ 36.77 g/t gold from 7m down-hole, including 1m @ 70.9g/t from 9m. Exploratory drilling is ongoing at the property.

Calima gains full control of Canadian oil and gas acreage

Calima Energy now has 100% of its lucrative 72,000 acres of oil and gas ground in the revered Montney formation in Canada. The company recently announced the acquisition of its joint venture partners in the project, TSV Montney and TMK Montney. The move is expected to attract greater market interest, provide improved access to capital and remove any risks relating to partner funding of development costs.

Solid demand for cannabis skin care range for MGC

MGC Pharmaceuticals expects revenues to rise thanks to strong demand for its range of 18 cannabis based skin care products that has prompted UK luxury retailer Harvey Nichols to make them available in two additional stores. The company said the exposure provided by its skin care products may also provide a ready made pathway to market for its fledgling medicinal cannabis business.

Hot Chili hits high grade copper near Productora

Latest assays from drilling at the San Antonio copper mine suggest Hot Chili may have found a large, high-grade, shallow copper resource that could transform the economics of its flagship Productora development just 20kms away. Best results include 27m at 1.3% copper and 5m @ 2.5% copper. Copper mineralisation is continuous over a 700m strike length and remains open along strike and at depth.

Classic seeks nickel-copper near Creasy find

Classic Minerals has implemented an exploration target review of its Fraser Range nickel-copper-cobalt project, located 45km northeast of the famed Nova-Bollinger deposit and less than 10km north of the Creasy Group’s very promising new Silver Knight find in the Fraser Range of W.A. The focus will be on nickel-copper mineralisation at the Mammoth prospect and copper mineralisation at the Alpha prospect, discovered by Classic in 2013.

Legend survey to sniff out Fraser Range drill targets

Legend Mining will carry out a moving loop electromagnetic survey over its intriguing Area D prospect at the Rockford nickel-cobalt-copper project in W.A’s Fraser Range region to identify targets for diamond drilling in the fourth quarter. The 32km2 survey is the first recommendation of a geophysical review over Area D and is expected to take up to six weeks to complete.

Auroch kicks off maiden drill campaign

Auroch Minerals has commenced its maiden drill program at the Arden base metals project north of Adelaide this week. The 2,500 metre campaign will drill three prospective looking zinc, copper and cobalt targets across the project. The company has previously announced high grade surface base metal assays from the Ragless Range and Kanyaka prospects, whilst Radford Creek showed highly anomalous lead, zinc and silver.

Tyranna completes acquisition of the Eureka gold project

Tyranna Resources has announced that it has finalised the acquisition of the Eureka gold project, located 50km north of Kalgoorlie in W.A. Approved resource development drilling programs will now take place, to bring the project in line with current JORC-compliant standards of reporting. Up to 2,000 metres of drilling has been scheduled and will provide structural information regarding the quartz-hosted gold mineralisation and samples for metallurgical test work.

Artemis racks up more high grade assays in Pilbara

Artemis Resources has reported a swathe of high grade gold, cobalt and copper drilling intersections from its Carlow Castle project east of Karratha in the Pilbara. Bets results were 22m @ 6.1g/t gold, 0.55% cobalt and 2.35% copper from 133m down-hole at the Carlow Castle South East prospect, whilst the Carlow Castle South prospect produced 31m @ 1.65g/t gold, 0.11% cobalt and 0.47% copper from just 37m.

Bonanza 59 gram gold intercept for Bellevue

ASX listed Bellevue Gold has made a bonanza hit of 4.3m @ 58.8g/t gold that is located between two previous high grade intersections at the Viago Lode discovery within its Bellevue gold project. The results have led the company to draw comparisons to the high-grade ore shoots at the historical Bellevue mine in terms of geology, grades and width.

Strike gas wells online in South Australia

Strike Energy has started pilot testing to confirm the commercial quality of the Jaws-1 deep coal seam gas reservoir at its Southern Cooper Basin Project in South Australia after finalising commissioning activities. The electric submersible pumps will be run at low rates to ensure they are in good working order before being ramped up based on the productivity of the stimulated reservoir.

Southern snaps up bonanza-grade Korean gold/silver play

Southern Gold has added the Deokon gold-silver mine to its growing portfolio of high-grade projects in South Korea. Recent work by Southern at the historic mine has produced some bonanza gold and silver grades grades, suggesting that it may be part of a much larger system that has previously been overlooked. Southern is already producing gold near Kalgoorlie which is funding its blue sky foray into Korea.

Creasy tips another million into Coziron

Coziron Resources will ramp up its exploration and development activities at the high priority Buddadoo vanadium project and Croydon Top Camp gold project in W.A, following the procurement of $1m from its largest shareholder, the Creasy Group. At Buddadoo, funds will be directed towards drilling and metallurgical studies to prove up a JORC mineral resource, whilst RC drilling will be used to test targets at Top Camp.

Geopacific picks up 1.4km gold zone in PNG

Geopacific Resources has discovered high grade gold anomalies from a detailed soil sampling program being undertaken at its Woodlark project in PNG. Samples of up to 6.28g/t gold in soils have defined a corridor over 1.4km long through the historical Watou area. The company also defined 3 clusters of anomalous gold results adjacent to its existing Woodlark King resource, with one anomaly having had no previous exploration.

Middle Island hits 14 gram dirt at Sandstone

ASX explorer Middle Island Resources’ diamond drilling campaign at the Two Mile Hill gold deposit in Western Australia has had a fantastic start with the first hole intersecting 8m @ 14.5g/t gold in the a banded iron formation. This style of mineralisation adds to the more substantial, but lower grade, adjacent tonalite-hosted style mineralisation in the deposit.

Anglo hits 20m @ 2.41 g/t gold near Kalgoorlie

Anglo Australian Resources has identified a new 200m long zone of mineralisation parallel and to the west of the very prospective Ethereal Shear Zone at its Feysville Gold Project, just 14km south of Kalgoorlie in Western Australia. The best result from the drilling campaign was a 20m intersection grading 2.41g/t gold from 96m at the main Think Big prospect.

Ironbark looks to appoint underground miner in Greenland

ASX listed Ironbark Zinc has signed a Memorandum of Understanding with Byrnecut Offshore for the provision of underground contract mining services and underground mine cost modelling for the Citronen zinc project in Greenland. Byrnecut will also provide the underground mining fleet, hold the debt and security over the equipment and assist with the company’s training and employment obligations.

Lead lode thicker than expected for Galena

Galena Mining’s resource drilling of the “apron zone” at its Abra project near Meekatharra has delivered wider intersections than expected, with results up to 28.3m grading 8.9% lead and 52g/t silver from 346.9m down-hole, including 8.1m at an impressive 11.2% lead from 395.8m deep. The drilling campaign is shoring up mineral resources that are to be incorporated into the company’s ongoing PFS, due for release next month.

Northern Minerals identifies new rare earths target

Preliminary drilling at Northern Minerals’ Browns Range heavy rare earths project in the Kimberley region of W.A. has intersected significant mineralisation in the Gardiner sandstone, which stretches over tens of kilometres. The Gardiner was previously considered to be less prospective than the underlying Browns Range Metamorphics that host the Wolverine and Gambit West deposits.

Volt locks in 2nd graphite off-take at Bunyu

Volt Resources will sell 9,000 tonnes of graphite a year from the company’s Bunyu graphite project to major Chinese graphite processor and distributor, Qingdao Tiangshengda Graphite, for at least 5 years. Qingdao Tiangshengda is a global, vertically integrated graphite processor and distributor with substantial annual capacity to process graphite and produce value added products including expandable graphite, flake graphite and battery metals powders.

Aquabotix on fast track for US Government contracts

ASX listed Aquabotix has joined the “Undersea Technology Innovation Consortium” that enables members to deliver new technologies quicker and more efficiently than traditional US federal acquisition requirements would otherwise permit. This is made possible by the “Other Transaction Authority” agreement for Undersea Technology Innovation that the consortium reached with the US Naval Undersea Warfare Center in June.

BlackEarth graphite strike now over 1.2km

BlackEarth Minerals has reported consistent high grade assays and wide ore thicknesses from a step out drilling campaign at its Razafy graphite prospect in southern Madagascar. Results of up to 35.7m @ 7.6% total graphitic carbon from 10.1m down-hole, included a 7m intersection @ 10.7% TGC from just 20m. Geological data and results are being collated ahead of a maiden resource estimate due in August.

Vonex teams up with NASDAQ listed CounterPath

Newly listed telco Vonex, has formed a marketing and partnership agreement with Canadian global communications software solutions provider CounterPath to jointly market a combined telco product offering to existing and potential customers. Vonex will also sell selected Counterpath products under its own brand.



King River set to power the world with amazing vanadium resource

High purity vanadium is being tipped for greatness as a revolutionary force in battery storage of renewable energy. Perth’s King River Copper may well have the largest and highest purity in-ground resource in the world in W.A. Last week the company proved it could produce the holy grail of purity levels at 99.5%, placing it amongst elite company around the world.

88 Energy rubbing shoulders with oil majors in Alaska

A Perth based ASX listed junior has quietly been sweeping up big swathes of lucrative acreage in Alaska’s hottest oil province known as the North Slope with the truth diviner in the form of a drill rig about to be put to the test in coming months. 88 Energy will soon drill a well targeting up to 400 million barrels at its Western Blocks project in the region.

Pilbara begins work on 5Mtpa expansion

With Stage 1 of the giant Pilgangoora Lithium mine racing ahead, Pilbara Minerals has stepped up work on expansion plans that could make the project the world’s largest Lithium mine. The ASX-listed Lithium developer yesterday announced it had awarded further key contracts, including power generation and was reworking its expansion plans to boost Stage 2 capacity from 4Mtpa to 5Mtpa.

Terrain creates excitement with serious gold hits near Leonora

Terrain Minerals may have just transformed their Great Western gold project near Leonora into something much more serious after the company reported a number of near surface, excellent gold hits during their latest drilling campaign. Best results include 3m @ 26.6 g/t gold from just 8m down hole, 2m @ 24.4 g/t, 5m @ 6.98 g/t and 2m @ 12.1 g/t gold. 

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Weebit makes breakthrough with game changing memory tech

Technology company Weebit-Nano continues to make big strides in the development of its game changing “Re-Ram” memory storage technology with the announcement of successful electrical testing.  Weebit believes Re-RAM has the capacity to revolutionise memory storage due it being faster, cheaper and requiring less energy than current flash storage methods.

Sharks wary of SMS patterned wetsuit says UWA

ASX listed Shark Mitigation Systems have achieved scientific validation of their unique, patented, shark deterrent wetsuits after the University of W.A completed a ground breaking trial of the company’s “SAMS” wetsuit technology with live white sharks in South Africa. The results, which are quite stunning, show that it took a shark 400% longer to engage with a SAMS wetsuit.

Pilbara Minerals to move into Lithium downstream processing with Chinese

In the Lithium business it can be very profitable to own a mine, however, turning that Lithium into battery grade chemicals, commonly known as downstream processing, can be even more lucrative. Market darling Pilbara Minerals have given a hint of their medium term strategy after signing an MOU to move into the Lithium downstream processing business with the Chinese. 

Weebit to collaborate with Global tech powerhouse to commercialize revolutionary computer memory

It doesn’t happen often but every now and then a tech story comes along that looks like it just might survive the tech bubble and create a real business that makes real money. One such story at least at face value is ASX listed Weebit Nano that was back door listed by Perth connections into Radar Iron earlier this year and is now headquartered in Nedlands.