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The acquisition of the advanced Double Magic nickel-copper discovery in the West Kimberley region of Western Australia has given Buxton Resources strong leverage for continued exploration success, Hartleys reported.
Buxton continues to report high-tenor (visual) nickel-copper sulphide extensions at Conductor D, part of the Double Magic Project.
Continuing Phase 2 drilling is largely designed to further follow-up Conductors D and C as well as new targets generated from recently completed EM surveys.

The planned merger of Anatolia Energy with Uranium Resources Inc announced in early June would give the Australian-based company access to a highly experienced technical team as it moves to the next stage of development of its Temrezli uranium project in Turkey, Breakaway Research found.
URI has been operating in the US uranium industry since the late 1970s. It has two uranium operating licences and two idled processing facilities in Texas as well as extensive uranium landholdings and exploration databases in Texas and New Mexico.

Toro Energy has continued to work with The Sentient Group to place itself in a position envied by many mining operators, RealFin reports.
The company has reduced financing costs, deleveraged the balance sheet and ensured it has more than sufficient cash available to enable a cautious approach to the Wiluna project commencement.

The Cyclone zircon project 300km north of Eucla in Western Australia remains Diatreme Resources' focus project, supported by connections that wish the project to proceed, Beer & Co reported.
Diatreme is currently executing a value engineering study to reduce the capital and operating costs while going through the environmental approval process for the project's haul road to the Forrest rail siding.

The high level of commitment to exploration, with a large proportion of expenditure going directly into the ground, rigorous and innovative technical work and strong funding encouraged Breakaway Investment Group to maintain its speculative buy rating on Australian explorer Thundelarra Exploration.

Cradle Resources’ announcement of an updated resource estimate following an in-fill drilling program at its Panda Hill niobium project in Tanzania resulted in an upgrade of confidence levels, increasing the indicated category to 44% of total resources from 8% previously.
The update has also increased the average grade to 0.52% Nb2O5, from 0.47% previously, and the tonnage of the key primary carbonatite ore (the main target mineralisation).

Jameson Resources is planning an immediate start to Phase 1 drilling after finally receiving the long-awaited first two exploration licences for its 100%-owned Dunlevy project in the Peace River coalfield of NE British Columbia.
The initial program of 8-12 holes to establish the number of seams, seam thickness and coal quality should provide a very quick indication of Dunlevy’s resource potential, broker Blackswan Equities says.

Australian base metals explorer Syndicated Metals expects to be in production by the end of 2014 on the back of its low-cost development of the Barbara copper-gold-silver project 60km NE of Mount Isa in northern Queensland.
Independent research firm Beer & Co rates Syndicated a speculative buy based on its expectations that the capital cost of bringing Barbara into production will be less than $A20M.

The strategy of concentrating on regional exploration in Western Australia’s highly prospective but under-explored Yamarna Belt is beginning to pay dividends for regional specialist explorer Gold Road Resources.
Equity researcher Argonaut says Gold Road’s latest discovery, the Gruyere gold prospect, within its 100%-owned North Yamarna tenements, is shaping up at an early stage to be a potential 1-2Moz deposit with an estimated inventory of about 500,000oz at a grade of 1-1.2g/t.

Australian junior explorer Precious Metals Resources is pursuing its expectations of large scale polymetallic targets through a fully funded work program at its Halls Peak project, 80km south of Armidale in northern New South Wales.
The company’s search for high-grade copper, lead, zinc and silver in sedimentary exhalative deposits is fully funded by Chinese state-owned enterprise Jiangsu Geology and Engineering Co.


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