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The Hole Truth

Resources Rising Stars

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The Hole Truth is a Resources Rising Stars podcast hosted by Paul Armstrong, a seasoned expert in the world of finance and resources. With more than 30 years of experience as a finance journalist under his belt, Paul brings a wealth of knowledge and insight to his conversations with some of the most prominent figures in the industry. Each episode of The Hole Truth is a deep dive into the inner workings of those resources companies which are making things happen, quizzing those in charge abou ...
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This episode was recorded in Kalgoorlie at the Spartan Resources drill core display. The spectacular core from the Company's Dalgaranga gold project in WA was put on show as part of the Diggers and Dealers conference. In this episode, Spartan MD Simon Lawson takes us through the discovery, explains the drill core and what it tells us about the find…
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David Flanagan's Arrow Minerals (ASX: AMD) has just secured the rights to a big bauxite project in Guinea. Bauxite prices are rising fast on the back of growing demand and falling supply. Flanagan thinks he's landed a winner and he's about to start drilling to find out a whole lot more about what's in the ground. ---- Produced by Resource Media ---…
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Rox Resource (ASX: RXL) is on track to be an ASX listed 100,000 ounce a year gold producer at it's Youanmi Project in WA's Murchison region. The company’s PFS shows the project will be economically robust with low costs and there is scope for a significant increase in inventory and mine life. ---- Produced by Resource Media ---- The Hole Truth is a…
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Thunderbird Resources (ASX: THB) is about to start drilling at its Hidden Bay Uranium Project in Canada's Athabasca Basin. It has a market cap of just $7,000,000, the upside is immense and the company has plenty of cash to go with it. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read Corporate…
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Nimy Resource (ASX: NIM) is about to resume drilling at its Mons Project in WA. It has established 3 separate areas of mineralisation which are supported by strong geophysics. Drilling will be undertaken at each of these three areas starting in just a few weeks time. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate…
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Firefly Metal (ASX: FFM) owns the Green Bay Copper Gold Project in Canada. Managing Director Steve Parsons, is pushing hard for substantial and rapid resource growth. They have several drill rigs on the case, the results are spectacular, the news flow is strong, and the company offers strong exposure to copper on the ASX. ---- Produced by Resource …
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Ausgold (ASX: AUC) owns the Katanning Gold Project in the South of WA. The company recently appointed highly experienced gold industry executive John Dorward as Executive Chairman, it aims to grow the industry and develop the project in parallel to maximise returns for shareholders. ---- Produced by Resource Media ---- The Hole Truth is a product o…
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Hedley Widdup is Chief Executive of the Lions Selection Group (ASX: LSX), this is an ASX listed fund that invests in resources opportunities. He shares his view on the resources cycle, markets and where the sector is going over coming months. ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. Please note that Read C…
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Kingsland Minerals (ASX: KNG) has just announced outstanding metallurgical results from its Leliyn Graphite Project in the Northern Territory. The results show the company is well on the way to becoming a key supplier of graphite to the lithium battery industry 🚗 🔋 ---- Produced by Resource Media ---- The Hole Truth is a product of Read Corporate. …
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Sunstone Metals (ASX: STM) has made a substantial gold-silver discovery called Limon in southern Ecuador, drilling and trenching has established high grade mineralisation, the next big drilling programme is about to start any day to test below these trenches. The company aims to establish a substantial open pit operation at Limon, which will then l…
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Critical Resource (ASX:CRR) is growing the Mavis Lake Lithium Project in Ontario Canada. The company already has a substantial JORC resource and a significant exploration target on top of that. It aims to establish critical mass over the next 18 months or so and become a key player in the North American lithium chain. ---- Produced by Resource Medi…
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RareX (ASX: REE) has just put its foot on a highly prospective piece of land 300 kilometres east of Kalgoorlie. It believes this land is highly prospective for niobium, previous drilling has already shown it hosts niobium, it's now a question of how much and at what grade. Niobium has driven the enormous success of WA1 Resource, which is now worth …
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Sun Silver (ASX: SS1) has just made a stunning ASX debut, it’s $0.20 shares are now trading at about $0.60 but that still values the company at only $75 million. Executive Director Gerard O’Donovan explains why he says this stock is just warming up. The outlook for silver is unquestionably strong thanks to solar panels and the supply side of the eq…
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Great Western Exploration is about to drill 3 compelling copper targets in the heart of WA. Geophysics shows why these targets are so promising and now the moment of truth has arrived. The company is also preparing to drill 2 humongous copper targets in WA close to the great DeGrussa discovery of Sandfire Resources. Between these targets Great West…
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Mitre Mining (ASX: MMC) owns the Cerro Bayo silver gold project in Chile, the company has just raised $10.5 million through a placement to fund ongoing drilling at Cerro Bayo. The company has a 50 million oz silver equivalent JORC resource and aims to achieve rapid growth over coming months as it drills out known mineralisation. ---- Produced by Re…
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Talisman Mining (ASX: TLM) has just released some spectacular results from its Durnings prospect in NSW. Managing Director Andrew Munckton takes us through the assays, where they sit in relation to the assays he discussed on The Hole Truth podcast early last month and the news flow we can expect over the next few weeks. ---- Produced by Resource Me…
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Peter Krauth is a highly regarded silver analyst and author of the book The Great Silver Bull. In this edition of the Hole Truth Podcast, he outlines why he believes we're on the cusp of a huge explosion in the silver price thanks to falling supply and rising demand largely off the back of solar panel consumption. Peter is an absolute expert in his…
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AFL legend turned fund manager Chris Judd, had a fireside chat at a recent investor lunch with Bell Direct analyst Grady Wulff, during the chat Chris, provided some great insights into his life in football, his new career as a fund manager and what he thinks the outlook is for his old team the West Coast Eagles. He also shared some thoughts on what…
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Hammer Metals (ASX: HMX) has just agreed to sell some of its interests to its neighbour Carnaby Resource (ASX: CNB). This will see the company put $4 million cash in its bank account immediately with the potential for up to $20 million through the sale process. The funds will be used to explore its growing copper inventory in the Mount Isa region o…
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DevEx Resource (ASX: DEV), is looking for high grade uranium in the Northern Territory. It has a large parcel of highly perspective land in what's known as the Alligator River Uranium Province. Previous drilling by DevEx has returned some fantastic results. The wet season is about to end, drilling is about to resume to extend that known mineralisat…
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Kingsland Minerals (ASX: KNG) has just announced a maiden resource on its Leliyn Graphite Project in the Northern Territory. It now officially has the biggest graphite resource in Australia. This puts it in the box seat to become a key supplier of this essential battery material to European, American and Asian EV makers and battery producers. Manag…
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Talisman Mining (ASX: TLM) has made a substantial discovery at the Rip and Tear prospect in New South Wales. Wide intersections of lead and silver with some zinc have already been announced, further assays are pending. Mineralisation is being outlined over 2.6 kilometres and it remains open. The discovery is big, just a question of how big it is! Q…
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Gateway Mining (ASX: GML) has a market capitalization of just $9 million, it also has a resource of more than 500,000-ounces at the Montague Project in WA. The company is drilling a host of new targets, it generated some great results from the first couple of holes, it also has a fascinating copper target - there is a big anomaly there and diamond …
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Spartan Resource (ASX: SPR) and it's Managing Director Simon Lawson, can lay claim to having one of the greatest turn around stories the WA gold industry has ever seen. The Never Never gold deposit in WA now has a resource of nearly 1,000,000 ounces. The results they put out this week suggests this is just the start. Mineralisation is being interse…
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This first episode for 2024 comes courtesy of Legacy Minerals (ASX: LGM). Managing Director, Chris Byrne is a young geologist who is looking to make a name for himself and his company. Legacy has three highly prospective land holdings in the Lachlan Fold Belt in NSW. It’s a very desirable residence for exploration and the company did very well to p…
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Arrow Minerals (ASX: AMD) is a tiddler… The company’s share price at the time of recording this podcast was just .3 cents a share. Incoming Managing Director David Flanagan, is anything but a tiddler. He's got a big reputation, he was the founding Managing Director of Atlas Iron and he’s well known throughout the Australian business community as a …
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Mitre Mining (ASX: MMC) has just acquired the Cerro Bayo silver gold project in Chile, the project has an existing resource of almost 25-million ounces of silver equivalent. More importantly it has huge exploration upside. Mitre plans to start drilling in January, it has numerous walk up drill targets, the objective is to grow the resource substant…
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Equinox Resource has just pegged a big lump of land in Brazil, they're searching for REEs. The project, Campo Grande is right next door to the big project held by Brazilian Rare Earths. Brazilian Rare Earths, features Gina Rinehart, as one of its big investors. Chief Executive, Zac Komur, tells us why they like Campo Grande, why REEs is so hot in B…
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Spartan Resources has been one of the hottest gold stories on the ASX this year. Managing Director, Simon Lawson, has done an amazing job turning around what was a troubled asset into fantastic exploration story. The project already has resources of 721,000-ounces at more than five grammes per tonne. A resource update is scheduled for the next few …
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Auteco recently acquired the Green Bay copper and gold project in Newfoundland, Canada. The project already has a substantial resource and Manage Director Steve Parsons, who was the founding Managing Director of Bellevue Gold, is confident that they will quickly grow this resource by drilling. It already has one drill rig turning on site and others…
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Eastern Metals (ASX: EMS) has three exploration projects in Australia, the flagship project is Browns Reef in the heart of the Cobar Basin in New South Wales. The company aims to put out a maiden JORC resource for Browns Reef next year. Ley Kingdom was recently appointed Chief Executive, she's a geologist who sees the upside in this company, partic…
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After listing on the ASX only a couple of months ago Executive Director Andrew Dornan, says James Bay Minerals has made what looks to be a very promising discovery of spodumene at its property in James Bay, Canada. Andrew and his team came out of Pilbara Minerals, they know the industry very well and know what they're looking for in terms of outcro…
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Greenvale Energy, is developing a torbanite project in Queensland, torbanite is the key ingredient in bitumen. Australia currently produces no bitumen, it imports all its requirements. Greenvale is promising to become Australia's first producer of bitumen by producing the torbanite. It also has a gas prospect in the NT where it believes it could be…
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Nordic Nickel is exploring the Pulju Project in northern Finland, it's located within the central Lapland greenstone belt. The project already has a resource of 278,000 tonnes of contained nickel and more than 12,000 tonnes of cobalt, the aim is to continue growing this resource. A resource update is scheduled for the end of this calendar year. Dri…
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Alicanto Minerals has just started drilling at the Falun Copper-Gold Project in Sweden. Falun is a historic world class mine, it produced mass quantities of high-grade mineralisation for many years, but it has never been subjected to modern exploration. The Alicanto team has identified a host of compelling targets in a 3.5-kilometre corridor stretc…
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Ausgold is a junior gold stock that has been flying under the radar in recent years. But that might all be about to change as it starts to ramp-up development of its 3Moz Katanning gold project, located in Wheatbelt country three hours’ drive south of Perth. Katanning ticks lots of boxes from an investor’s perspective and, fresh from a resource upg…
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Canada is hot property when it comes to lithium exploration. Just ask Clinton Booth, the new CEO of Pioneer Lithium – which has made an impressive start to its life as a lithium explorer after making its ASX debut last week. Booth joined Pioneer from a senior position working for Andrew Forrest as Global Head of Integration at Fortescue Future Indu…
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Astral Resource has just released a scoping study on its Mandilla Gold Project in the eastern goldfields of WA, the study shows that Mandilla is set to generate strong cash flow from a big open pit. Managing Director Marc Ducler, tells us that the company’s valuations are relatively low compared to its peer group and it appears he has good reason t…
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Triangle Energy must be one of the most leveraged resources stocks on the ASX. The company is preparing to drill three oil and gas exploration wells in the North Perth basin, with a market capitalization of just $30 million this company is highly leveraged to exploration success. Managing Director Conrad Todd, provides a fascinating insight into th…
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Kingsland Minerals has a rapidly emerging graphite discovery in the Northern Territory, the Leliyn Project looks extremely promising with spectacular assays including 209m at 10% graphite. Mineralisation has been outlined over 5 kilometres and this sits within a longer graphitic schist which measures 20 kilometres. Managing Director Richard Maddock…
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Chalice Mining has had a bumpy ride since releasing the Scoping Study on its Gonneville Nickel-Copper-PGE Project in WA. The share price fell as the market grappled with a range of complex factors relating to both technical and financial aspects of the project. Managing Director Alex Dorsch addresses each of these issues in full and frank detail, e…
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Astute Metals has a fascinating lithium exploration story in Nevada. But you won’t hear the words pegmatite or spodumene once. That’s because the lithium Astute is looking for is in claystone, effectively meaning it is disseminated in a manner similar to a gold deposit. The key advantage is that all this rock can be dug up and placed in the process…
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As well as being as simple a story as you could hope to come across in the exploration space, Critical Resources is bang in the investor sweetspot. With a maiden Resource already under its belt at the Mavis Lake lithium project in Ontario, Canada, Critical is drilling around the clock to continue growing the inventory. In this episode of The Hole T…
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If the analysts, fund managers and just about everyone else who follows the uranium market are even half-right, then the price of the nuclear fuel is about to take off in a big way. They all cite lack of new supply and surging demand as reasons to believe that the next uranium bull market is almost upon us. If the price does meet these expectations…
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CZR Resources has an iron ore project at both the northern and southern ends of one of Rio Tinto’s Pilbara iron ore projects. The feasibility study on the CZR project, known as Robe Mesa, is almost finished, fuelling speculation about whether Rio will bid for it. CZR also owns the big Ashburton magnetite project in the Pilbara, where it has started…
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Minerals 260, a member of the Tim Goyder stable, was spun out of lithium success story Liontown Resources. The idea was to put all the non-lithium assets in a new company. But as things have turned out, Minerals 260 now boasts a compelling lithium exploration project near the big Delta lithium project in WA. But the story certainly doesn’t stop her…
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Nimy Resources (ASX: NIM) has a market capitalisation of $20 million it owns The Mons Project in the heart of WA, the company has done a lot of early stage exploration work including extensive geophysics and early stage drilling. It’s identified numerous highly promising nickel and lithium prospects and is now about to start a new drilling programm…
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Alicanto Minerals is preparing to drill a host of strong targets near the rich historic Falun copper-gold-zinc-lead-silver mine in Sweden. Falun was a world-class project in its day, but has not been exposed to any modern exploration. Managing Director Rob Sennett and his team have been working hard behind the scenes and have already identified sig…
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Battery Age Minerals is at the forefront of a wave of new ASX-listed companies exploring for lithium in Canada. Its thirty-something CEO, Gerard O'Donovan, typifies the 'can-do' attitude of these Aussies who are making waves in the once-sleepy Canadian mining industry. Battery Age recently started drilling at its Falcon Lake lithium project and O'D…
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Kairos Minerals is into lithium, it's into gold and it's right into Western Australia. Kairos has just done a deal with Global Lithium, a much bigger lithium company, which has taken a 10% stake in Kairos, the company's now loaded with money. It's got some great exploration projects around Kalgoorlie and in the Pilbara. Lithium and gold are Kairos'…
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