Talisman Gets Results At Monty

Talisman Mining (ASX: TLM, Share Price: $0.47, Market Cap: $68m) is one of our favourite exploration plays. Its flagship Springfield exploration project in Western Australia involves a seemingly company-making farm-out JV with Sandfire Resources (ASX: SFR), under which Sandfire can earn up to a 70% stake in three of Talisman’s projects by spending at least $15m over a 5½-year period.

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Highlands Pacific Progressing In PNG

We introduced Highlands Pacific to our Portfolio after having closely followed the stock’s progress for several years. A number of important and positive developments have taken place over the past 12 months. Firstly, its share price has stabilized following several years of decline; its Ramu nickel-cobalt project is producing solidly and first cash flows have been received; uncertainty surrounding the Frieda copper-gold project has gone; and corporate interest has grown as metals trader Trafigura boosted its stake to 16%.

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Metalicity Revitalising Admiral Bay Zinc

Metalicity (ASX: MCT, Share Price: $0.024, Market Cap: $9m) is effectively a brand new zinc play, after altering its business activity from health care to mineral exploration and acquiring the advanced Admiral Bay zinc project in Western Australia. The acquisition was announced in late 2014, however the company had to comply with Chapters 1 and 2 of the ASX Listing Rules, which means it has only just re-listed.

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10 Key Points On The Volatility In Resources

1. Let’s firstly put Glencore’s 30% plunge into perspective – what’s driven the latest market concerns are the company’s high debt levels, however this isn’t something new. It was there when the company merged with Xstratra more than two years ago. What’s exacerbated the situation however has been the subsequent decline in commodity prices and softer Chinese demand, which have placed enormous strain on the company’s balance sheet – and financial viability.

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Right Place, Right Time For Kibaran

Kibaran Resources (ASX: KNL, Share Price: $0.185, Market Cap: $31m) is one of our preferred graphite sector exposures. We introduced the stock to our Portfolio during April 2014 and our most recent coverage was in our Daily Resources Bulletin on 27th July. Kibaran continues to maintain aggressive exploration and appraisal activity with respect to all its advanced Tanzanian graphite projects, although its flagship Epanko project remains very much the current focus.

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Why Gold’s Investor Relevance Remains As Strong As Ever

Gold has performed an enormously valuable role as a store of value for thousands of years, throughout most of the world’s civilisations. Unlike currencies, which can wax and wane dramatically in value – and collapse altogether – gold’s value remains intrinsic and remarkably consistent over time. Hence, it has provided an enduring role as an insurance policy in investors’ portfolios.

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Orinoco Striking Gold In Brazil

Orinoco Gold (ASX: OGX, Share Price: $0.087, Market Cap: $15m) is an emerging gold producer that we’ve been looking to introduce to our Portfolio for some time, based on its outstanding Brazilian project fundamentals. A catch-up at the Resources Round-up in Sydney with management provided reassurance and the perfect opportunity to introduce the stock to readers last week as a Spec Buy around $0.072 – with the stocks already up 21% on our buy-in price.

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Zinc Shortage Good News For Ironbark

Ironbark Zinc (ASX: IBG, Share Price: $0.12, Market Cap: $51m) is the first pure zinc exposure that we have incorporated into our Portfolio since we began way back in December 2010. The rationale for this has been quite clear – zinc has until recently been a poor-performer from a pricing perspective – hence there has been no sound reason to this point to recommend zinc equities. Nevertheless, we have covered zinc extensively from a sector perspective and we have consistently highlighted the looming supply gap that would emerge. We are now approaching a critical point in terms of declining supplies from existing zinc sources, which we believe justifies the introduction of a world-class emerging zinc producer.

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Rox Resources Strikes More Nickel

Rox Resources (ASX: RXL, Share Price: $0.03, Market Cap: $25m) is one of our most highly-credentialed exploration plays, with three highly-prospective projects – its Fisher East nickel sulphide project in Western Australia, followed by two secondary projects – the Reward zinc and Bonya copper projects, both situated within the Northern Territory. We introduced the stock to our Portfolio during May and our most recent coverage was in our MineLife Weekly 198 during February 2015.

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Wolf Minerals Tungsten Mine On Track

Wolf Minerals (ASX: WLF, Share Price: $0.38, Market Cap: $307m) is an emerging tungsten producer focused on the development of its world-class Hemerdon Ball tungsten-tin project in Devon, southwest England. We introduced the company to our Portfolio during February 2013 at buy-in prices of between $0.22 and $0.30. The Hemerdon project is scheduled for first production during H2 2015 and is one of the few new sources of tungsten currently under development anywhere in the world.

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AusQuest Secures Copper-Gold Joint Ventures

AusQuest Limited (ASX: AQD, Share Price: $0.02, Market Cap: $6m) has been on our Portfolio Watch-list for several years now, focused on big-picture exploration both here and abroad. Sadly, market conditions over recent years have worked against companies with ambitions of this type, but challenge has also brought opportunity. The company’s exposure to the nickel potential of the Fraser Range province in WA, the copper-gold potential of Peru and gold potential of Burkina Faso is paying dividends.

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