This week's Bulls N' Bears Runner of the Week is… Tambourah Metals. Its share price surged after outstanding gold drilling results at its WA gold project. Nelson Resources' share price ran hard after the company locked in a mining agreement for its Yarri project, CGN Resources nabbed land in a prime WA gold area and Dart Mining unveiled a stunning antimony hit from its latest Queensland drilling program.
BMG Resources has applied for two additional exploration licences adjoining its granted Dragon project in Western Australia's West Arunta region – an emerging world-class niobium-rare earths district. It says data reviews have identified several areas where strong magnetic features are located next to major faults, which can be interpreted as being highly-prospective for potential carbonatites and represents priority niobium-rare earths exploration targets.
Junior miner CGN Resources has launched an initial public offering to raise up to $10 million to fund exploration in the West Arunta region in northern WA.
