Inside Resources – Siburan Raises AUD$3m to fund Kirwan drilling

Posted on: 25/09/2013

Edward White Wed, 25 Sep 2013 Siburan Resources is set for a summer drilling campaign on the West Coast after receiving commitments for AUD$3 million. The ASX-listed company, which has for several months been targeting sophisticated investors in Southeast Asia, says the cash will be used to progress exploration at its Kirwan tungsten project near [...]

New Zealanders support mining – Straterra

Posted on: 06/09/2013

Friday, 7 June 2013  - Straterra has welcomed the results of a new opinion poll on extracting minerals in the Taranaki as a triumph for common sense Kiwis who understand the benefits that the minerals industry offers communities, regions and national New Zealand. Trans-Tasman Resources Ltd (TTR) commissioned the survey to ascertain the interest in and [...]

Siburan Resources looks to “exciting” drill phase

Posted on: 17/12/2012

Noel Ong MD Siburan Resources (ASX:SBU) has the Kirwan drilling programme paid for and the remainder of the cash should see the company through to early stage resource identification. Noel says that in terms of the investment opportunity, the market cap is currently twice cash and the investment picture could change when the drill phase starts up.

Australian Mining Review – Tungsten Explorer Strikes Gold Across the Tasman

Posted on: 19/04/2012

Australian company Siburan Resources is set to focus its exploration activities on tungsten following the mid-March granting of exploration and prospecting permits for its Kirwans project in New Zealand.

Business World Australia – Doing What They Say and Doing It Well.

Posted on: 19/03/2012

In the short time since they began their operations, Siburan Resources has already established itself as a rising star in the resource explora- tion industry. Specifically, they deal in gold and uranium exploration, and already have a strong portfolio of projects despite – or perhaps, because of – the fact that they started in the midst of the global financial crisis.

Proactive Investor Article – Siburan Resources – June 2011

Posted on: 01/06/2011

Siburan Resources (ASX: SBU) has targeted the acquisition of mineral projects in Papua New Guinea after initiating a preliminary prospectivity and geological review. The preliminary review phase also includes discussions with local strategic partners seeking to form a joint venture with a Papua New Guinea focus.

Siburan Resources buoyed by high grade historical uranium values at Lake Marmion

Posted on: 01/02/2011

Siburan Resources (ASX: SBU) has outlined a massive 130 kilometres of uranium prospective palaeochannels at the Lake Marmion project, after completing a gravity survey and adding interpretation of historical data. Auger drilling has also identified uranium mineralisation over a 9 kilometre stretch. The extensive area is highly prospective given the high grade historical values of up to 5430 ppm U3O8 in one of the shallow pits, and 3024 ppm U3O8 in a drill hole.

Proactive Investor Article – Siburan Resources – November 2010

Posted on: 15/11/2010

Perth-based Siburan Resources (ASX: SBU: Siburan) is embarking on a 5,000m RAB drilling programme at its Mt Pleasant gold project, located in a region with historical gold production of 6 million ounces and just 10km of the Paddington Mill.

Proactive Investors – Siburan Resources kicks off drilling at Mt Pleasant gold project

Posted on: 10/08/2010

Siburan Resources has announced the commencement of its maiden 1000m Reverse Circulation (RC) and Diamond drilling campaign at its healine Mt Pleasant gold project near Kalgoorlie in Western Australia's goldfields.

Business News – Siburan commencing RC and diamond drilling at Mt. Pleasant gold project

Posted on: 08/07/2010

Siburan Resources Ltd announced the commencement of its maiden drilling program at its Mt Pleasant gold project near Kalgoorlie in Western Australia. Previous explorers have outlined a number of gold prospects with intercepts including 6 m at 19.20g/t gold, 8 m at 10.5g/t gold and 6 m at 10.1g/t gold

Business News – Siburan expands Lake Marmion Uranium Project

Posted on: 30/06/2010

Siburan Resources Ltd will acquire exploration licence 29/637 at its Lake Marmion uranium project in Western Australia from Nickelore Ltd for $100,000 cash. The acquisition, together with other recent applications, expands Siburan’s existing Lake Marmion project area from 416 sq km to more than 1,300 sq km.

Australian Financial Review

Posted on: 19/05/2010

It’s turned into a rough market out there, but that hasn’t deterred some companies from pursuing a listing on the Australian Stock Exchange. The performance of the debutantes has varied widely, and has been a little on the cool side since Myer’s now infamous debut in November. Mineral explorer Siburan Resources became the latest company to list on the ASX when it hit the board yesterday.

WA Business News – Siburan Resources makes solid ASX debut

Posted on: 18/05/2010

Gold and uranium explorer Siburan Resources has made a solid debut on the Australian stock exchange after its $3 million initial public offer closed oversubscribed. At 1345 AEST - its first 15 minutes of trade - shares in Siburan were half a cent higher at 21 cents, up from an opening price of 20.5 cents. The Perth-based company offered 15 million shares at a price of 20 cents each through the IPO.

Public support for exploration a good sign for investors

Posted on: 06/09/2013

5 July 2012 -New Zealanders’ strong show of support for minerals exploration sends a much-needed, positive signal to investors in resources, Straterra says. Straterra CEO, Chris Baker, said today that a New Zealand Herald poll released today, reporting that 67 per cent of New Zealanders support minerals exploration, shows most Kiwis believe exploration and mining [...]

Greymouth Star – Australians look at Reefton tungsten site

Posted on: 10/11/2012

Representatives from Australian mining company Siburan Resources were in Reefton last week to take a look at a site that could open up a market for an important mineral on the West Coast.

Dow Jones – DJ Tungsten Prices To Stay Around $25,000/Ton For Next Five Years

Posted on: 12/04/2012

Tungsten prices will hold firm around $25,000 a metric ton over the next five to ten years amid strong demand and constrained supply, Noel Ong, managing director of Australia-listed tungsten explorer Siburan Resources (SBU.AU), said Wednesday.

Robust demand for the metal for use in tool steel and as a substitute for lead in some applications should support prices over the coming years, he said on the sidelines of Asia Mining Congress 2012.

Breakaway Research Feb 2012 – Recommendations

Posted on: 16/02/2012

Siburan Resources is building a portfolio of quality early stage exploration projects in proven mineral districts targeting tungsten, gold, uranium and base metals. Siburan’s low market capitalisation provides considerable leverage to any exploration success.

Papua New Guinea foray offers new mineral opportunities to Siburan – June 2011

Posted on: 06/06/2011

Siburan Resources Limited (ASX: SBU, Siburan) is pleased to announce that it has initiated country prospectivity and geological review with the aim to acquire mineral projects in Papua New Guinea (“PNG”). This preliminary review phase also includes discussions with local strategic partners with a view to forming a joint venture with a PNG focus. The PNG move is consistent with the Company’s strategy of adding to its current project portfolio of real diverse opportunities in prospective mineral regions.

Proactive Investor Article – Siburan Resources – March 2011

Posted on: 23/03/2011

Siburan Resources (ASX: SBU) has identified a very promising gold zone from auger geochemical sampling at the Mt Pleasant gold project, in the area of reconnaissance rock chip sampling which returned 7.86 grams per tonne (g/t) gold. Adding to the prospectivity of the area is the recently discovered rotary air blast intersection of 4 metres at 3.93 g/t gold.

Siburan Resources defines 1km gold zone, finds 21g/t gold rock chip sample

Posted on: 12/01/2011

Perth-based Siburan Resources (ASX: SBU) is aiming to unearth a sizeable discovery at its Mt Pleasant gold project north of Kalgoorlie, which is surrounded by gold deposits and major gold mines. From recent drilling, Siburan has defined a 1.2 kilometre long gold mineralisation zone linking the Anomaly 4 and Fortis prospects at the Mt Pleasant gold project.

Paydirt Magazine – More Uranium Ground for Siburan

Posted on: 26/07/2010

Siburan Resources Ltd says it has entered into an agreement to acquire EL 29/637 from Nickelore Ltd at its Lake Marmion uranium project, which is "highly prospective for the discovery of new uranium deposits". The acquisition, along with other recent applications for exploration licenses, expands Siburan's Lake Marmion project from 416sq km to more than 1,300 sq km.

Mining News – Gold takes centre stage in IPO arena Marmion Uranium Project

Posted on: 08/07/2010

A similar story emerged for Siburan Resources which opened at 20.5c on May 18 before closing the day only slightly down at 20c after raising $3 million.

Mediaportal – Siburan debut solid

Posted on: 19/05/2010

GOLD and uranium explorer Siburan Resources Ltd has made a solid debut on the Australian stock exchange after its $3 million initial public offer (I PO) closed oversubscribed.At 2.55pm - its first 15 minutes of trade - shares in Siburan were half a cent higher at 21 cents, up from an opening price of 20.5 cents. The Perth-based company offered 15 million shares at a price of 20 cents each through the I PO. Siburan has also proposed an options issue to shareholders within the next six months of one option for every two shares held. The options will be issued at half a cent each and will be exercisable at 20 cents, with an expiry date of September 30, 2012.

MiningNews.net – Healthy Start for Siburan

Posted on: 18/05/2010

GOLD and uranium explorer Siburan Resources has had a positive debut on the Australian bourse, opening today at a 2.5% premium to its A20c issue price. The Perth-based company, which raised $3 million in its initial public offering, opened at 20.5c and reached an intraday high of 22c before closing at 20c with 140,000 shares changing hands by the closing bell. Siburan will now begin exploration programs at its portfolio of projects with an initial focus on its flagship Mt Pleasant gold project.

AAP – Siburan Resources makes solid ASX debut

Posted on: 18/05/2010

Gold and uranium explorer Siburan Resources Ltd has made a solid debut on the Australian stock exchange after its $3 million initial public offer (IPO) closed oversubscribed. At 1345 AEST - its first 15 minutes of trade - shares in Siburan were half a cent higher at 21 cents, up from an opening price of 20.5 cents. The Perth-based company offered 15 million shares at a price of 20 cents each through the IPO. Siburan has also proposed an options issue to shareholders within the next six months of one option for every two shares held.