Entries by Wally Graham

Bellevue Gold Hits More High-Grade Gold on Road to Resource Upgrade

THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) jumped out of the blocks this morning to announce that extensional and infill exploration drilling at the company’s Bellevue gold project in Western Australia has intersected high-grade mineralisation both outside and within the existing know Resource boundary. Bellevue Gold’s current drilling approach includes infill drilling to upgrade the […]

Peel Mining Fights Off Wirlong NSR Bid

THE BOURSE WHISPERER: Peel Mining (ASX: PEX) exercised its pre-emptive muscle to acquire Weddarla Pty Ltd’s 1.5 per cent Net Smelter Return (NSR) royalty over tenement EL8307, within the company’s Southern Cobar Basin tenements in New South Wales. Peel Mining fought off a third party’s unconditional cash offer of $1.2 million made to Weddarla by […]

Moho Resources Expands Silver Swan Tenure

THE BOURSE WHISPERER: Moho Resources (ASX: MOH) has increased its landholding position at the company’s Silver Swan North project in Western Australia. Moho has taken an Option to Purchase 100 per cent of granted mining lease and six prospecting licences covering 6.6 square kilometres. The granted mining lease under question – M27/488 – is contiguous […]

Genesis Minerals Encounters Continuous High-Grade Gold

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported results from an ongoing Reverse Circulation (RC) drilling program underway at the Clark deposit, part of the company’s recently expanded 100 per cent-owned Ulysses gold project in Western Australia. Reverse Circulation drilling by Genesis has confirmed the presence of extensive gold mineralisation at surface at the Clark […]

Alto Metals Continues High-Grade Gold Hits at Sandstone Project

THE DRILL SERGEANT: Alto Metals (ASX: AME) sharpened its credentials as a potential takeover target by releasing assay results from its latest phase of RC drilling targeting high-grade gold mineralisation beneath the Lord Nelson open pit and at the new Orion gold lode discovery, located 200m south of Lord Nelson, within the company’s Sandstone gold […]

Dreadnought Resources Encounters Further Metzke’s Find High Grades

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced the results from eight of 17 RC holes drilled at Metzke’s Find, part of the company’s Illaara gold-VMS-iron ore project in Western Australia. Dreadnought Resources reported the eight RC holes had all intersected the mineralised lode at Metzke’s Find and included the best intercept the company has […]

Inventory Expanded Despite Fund Raising Restrictions

THE CONFERENCE CALLER: Being the recent target of three formal takeover attempts has not stopped Alto Metals (ASX: AME) from adding gold ounces to its Lord Nelson deposit in Western Australia’s East Murchison. By Mark Fraser Despite restricted access to regular fund-raising mechanisms during these corporate shenanigans, the WA-based junior has still managed to increase […]

Climate Risks Coming Under Closer Financial Scrutiny

THE CONFERENCE CALLER: Australia’s next generation of gold producers may face being snubbed by investors if they do not adequately plan to mitigate the intensity of their expected greenhouse gas emissions. By Mark Fraser Moreover, mining houses chasing lower grade deposits are likely to come under closer scrutiny given the higher amount of energy required […]