Articles On Kingwest Resources (ASX:KWR)

Both ASX Small Cap and benchmark index are down about 0.5% A bleak forecast from Covid-stricken China hits resources stocks Appen in trading halt after jumping 30%     Local markets took a turn for the worse on Thursday after Chinese Prem...

Emerging markets index closes 1.4% higher ASX200 gains 0.3% Havilah Resources the big winner on Tuesday   The Emerging Companies (XEC) index is tracking higher on Wednesday, up 1.4% buoyed by strength in the energy and materials sector...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

XEC falls hard on Monday XOJ closes 1.2% lower Seafarms Group (ASX:SFG) recovers Friday losses   Australian markets fell and fell hard on Monday. The benchmark ASX200 is nudging two month lows, while the Greenback’s near 20-year high has...

Kingwest Resources (KWR) begins a 4000-metre diamond core drilling program at the Sir Laurence Gold Discovery in Western Australia Drilling will focus on the most prospective sections of the mineralised area which spans over two kilometres...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

ASX Emerging Companies (XEC) index has closed o.2% higher Monday Monday winners: Terramin Australia (ASX:TZN), Frontier Resources (ASX:FNT), Ardea Resources (ASX:ARL) Monday losers: Melbana Energy (ASX:MAY)   The ASX Emerging Companies...

Kingwest Resources (KWR) completes first pass aircore nickel sulphide drilling on the Highway Ultramafic zone at the Lake Goongarrie Project in Western Australia The company drilled 223 holes to confirm the precise location of the Highway...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Significant aircore drilling results have lead Kingwest Resources (KWR) to expand its planned diamond core drilling program at its Sir Laurence gold discovery near Kalgoorlie in Western Australia. Over 60 additional aircore holes were dril...

“This extensional aircore drilling has continued to grow the Sir Laurence gold discovery and we have still not defined the limits of gold mineralisation. It is very encouraging to intercept bedrock mineralisation as well as alluvial gold mi...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

A historic nickel mine forms part of a “fertile” highway ultramafic unit north of Kalgoorlie-Boulder which will be tested by Kingwest Resources.

Kingwest Resources (KWR) is starting a 3000-metre aircore drilling program at the Lake Goongarrie project near Kalgoorlie, WA The program is targeting an 11-kilometre strike area of the Highway Ultramafic which is considered to be prospect...

Kingwest Resources (KWR) recommences drilling at the Sir Laurence gold discovery within its Goongarrie gold project in Western Australia The company says the new aircore drilling program has been designed to test for further extensions to...

“We are excited to recommence drilling at Sir Laurence as we believe we have not yet delineated the full extent of gold mineralisation there or indeed within the Goongarrie Project area,” says CEO.

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

In the last three months of the year, the precious metals explorer continued a spate of exploration programs at the cornerstone Goongarrie Gold Project.

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Perpetual struggler Quantum Graphite is out of suspension Xanadu Mines gains after recently growing ‘Kharmagtai’ resource to 3 million tonnes copper and 8Moz gold Kalamazoo expands Pilbara lithium portfolio Here are the biggest small cap...

Kingwest Resources (KWR) is doubling its 2022 drilling program at its Goongarrie Gold Project in WA on the back of the latest results from the Sir Laurence discovery Assays from the second round of aircore drilling have returned gold grade...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

For the second month in a row the ASX was hit by a major sell-off in the last few days of the month and it took the bourse from what was then a 0.5% gain to a 1.56% loss in November. Just when we thought we were out of the worst of COVID, w...

Kingswest Resources (KWR) may enter into a joint venture (JV) partnership with FMR Investments where KWR will own 40 per cent and FMR will control the rest Although the companies have not officially joined the venture partnership, KWR inte...

“Whilst our focus is on the very exciting potential we continue seeing at Goongarrie, we remain committed to pursuing opportunities to unlock the commercial potential of the Menzies Gold Project,” says CEO.

Kingwest Resources has drilled 107 holes at its Sir Laurence gold discovery near Menzies with significant mineralisation reported on every line over a 1km trend that remains open along strike and down dip.

Kingwest Resources’ (KWR) Sir Laurence gold discovery, located within its Lake Goongarrie Project, grows to over a one-kilometre strike length KWR has completed the second aircore drilling program at Lake Goongarrie, which included 149 hol...

The fact that results have now been returned on every line over a strike length of at least 1-kilometre again reinforces the very large size of the Sir Laurence mineralised system.

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Local stocks edged higher on Thursday, as the ASX 200 closed up by 0.13% following two days of losses. Banking stocks fell again after getting hammered yesterday, while money moved back into big-name gold stocks as inflation jitters continu...

Kingwest Resources has struck gold 800m along strike from its recent Sir Laurence gold discovery north of Kalgoorlie with new results including a broad 29m hit going 1.9 g/t gold and 8m at 2.2 g/t gold.

Shares in Kingwest Resources (KWR) have risen in early trade following the latest round of assay results from the Lake Goongarrie gold discovery near Kalgoorlie in WA The junior mining company has received assays for 29 out of 80 aircore h...

The results reinforce the company's interpretation of Sir Laurence as having the potential to be a large mineralised system.

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Kingwest recently completed a $4 million capital raise which will go into solidifying the recent Sir Laurence discovery.

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Welcome to the Market Herald’s Friday review of the week in capital raisings. Of interest to many investors is DeGrey Mining’s (ASX:DEG) announcement today that it has secured firm commitments to raise $125 million for its Mallina Gold P...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Kingwest Resources (KWR) completes a bookbuild for a strongly supported $4 million placement More than 33.3 million ordinary shares will be issued to professional and sophisticated investors at 12 cents each Kingwest will use the money to...