The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Australian brokers and investors have flocked to Noosa Mining Investor Conference which runs until Friday at the Peppers Noosa Resort.

Delegates include Barton Gold (BGD), Siren Gold (SNG), Augustus Minerals (AUG), and Dreadnought Resources (DRE).

Through exploration, Siren Gold is focused on re-opening the Reefton Goldfield in the South Island of New Zealand.

Siren’s Chair, mining veteran Brian Rodan, is flying the company flag in Noosa.

“Every broker in town – every major investor in town – is here,” he said.

“We have a booth here and we’re talking about our latest drilling results at Auld Creek … we’re continually hitting high grades, we’re expecting big things out of Auld Creek.

“There’s going to be a lot of ounces coming out of that ground and I think you’ll see over the next 12 months we’ll be adding significantly to our resource base.”

Mr Rodan is also Executive Chairman of the recently-listed Augustus Minerals, which is in the booth next door to Siren Gold.

Augustus Minerals’ Managing Director is Andrew Reid, who previously served as the Chief Operating Officer at Hastings Technology Metals in the development of the Yangibana rare earths project.

Augustus is exploring for lithium, rare earth elements and copper in the Gascoyne Region of Western Australia.

“We’re just a junior explorer and so it’s really important we get our message out,” Mr Reid said.

“We’ve got some really key projects and prospects on our ground that we need to start exploring and we want to make sure everyone understands the potential of Augustus Minerals.

“We are mobilising on the ground as we speak, we’ve got a nice camp up there, we’re going to start drilling in the next quarter.”

On the other side of Siren Gold’s Noosa booth, is South Australia-focussed explorer Barton Gold.

It has a 1.1 million ounce resource and is looking to build that further through its Tarcoola and Tunkillia gold projects.

Barton Gold has the only regional gold mill in the Central Gawler Craton. While it’s in care and maintenance, the company is hoping to restart operations and produce more than 150,000 ounces of gold a year.

Also at the conference this week is Dean Tuck and his team from Dreadnought Resources.

Dreadnought this week reported high-grade rare earth and niobium zones through drilling at its 100 per cent-owned Mangaroon project in the Gascoyne region of Western Australia.

More From The Market Online

Kaoko Metals eyes expanded Chalkos drilling after strong investor interest at ADU

Kaoko Metals is accelerating exploration at its Chalkos Copper-Silver Project after strong investor interest at Africa…

The lithium supply race is going global — and ASX miners are positioning for the next wave

Already surging from a strong demand and price turnaround, lithium continues to receive massive funding support…

Omega Oil & Gas kicks off key new Taroom Trough well at Canyon-4

Omega Oil & Gas has kicked off the next key well aimed at confirming the world-class…
The Market Online Video

ASX Today: Energy stocks hold the line as Middle East tensions lift oil

The Australian sharemarket was holding steady today, with energy stocks helping offset weakness across technology as escalating tensions in the Middle East pushed