Entries by Wally Graham

Galan Lithium Tops Up Coffers with $50M Raising

THE BOURSE WHISPERER: Galan Lithium (ASX: GLN) announced firm commitments to raise $50 million through a two-tranche placement to institutional, sophisticated and professional investors. Galan Lithium said the Placement provides it with flexibility in respect to its ongoing capital expenditure requirements at Hombre Muerto West (HMW), Candelas and Greenbushes South. Proceeds from the Placement will […]

St George Mining Completes Initial Paterson Project Drilling

THE DRILL SERGEANT: St George Mining (ASX: SGQ) advised of completion of the first drilling program undertaken at the company’s Paterson project, located within the Paterson region of Western Australia. St George Mining’s maiden drill program at the Paterson project commenced in early June with 10,000m of planned air core (AC) and reverse circulation (RC) […]

Lithium Australia Seeks to Strengthen Battery Recycling IP Protection

THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) revealed it has filed two International Patent Applications with the Australia Patent Office. Lithium Australia made the submissions under the Patent Cooperation Treaty (PCT), which relate to the company’s 90 per cent-owned subsidiary company, Envirostream Australia Pty Ltd’s selective separation of metal values from recycled lithium-ion batteries and […]

NickelX Kick Starts Albany Fraser Belt Exploration

COMMODITY CAPERS: NickelX (ASX: NKL) is exploring for high-grade Nova-type magmatic nickel-copper deposits, as well as large scale Tropicana-type structural gold deposits in the Albany Fraser Belt, located in Western Australia. NickelX owns 100 per cent-interest in its six granted Exploration Licenses at the Biranup project in the Albany Fraser Orogen, including numerous high priority […]

Poseidon Nickel Targeting 2022 for Nickel Production

COMMODITY CAPERS: Poseidon Nickel (ASX: POS) has three nickel projects Windarra, Black Swan and Lake Johnston all within 300 kilometres of Kalgoorlie in Western Australia that currently host a combined Resource base of around 400,000 tonnes nickel and 180,000 gold. Most recent activity has centred around the Black Swan project, which Poseidon acquired from Norilsk […]

Musgrave Minerals Reports Further Big Sky Gold Hits

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further strong assay results from reverse circulation (RC) drilling at the Big Sky prospect along a newly identified gold corridor south-west of Lena and Break of Day on the company’s 100 per cent-owned ground at the Cue gold project in Western Australia’s Murchison district. Musgrave Minerals received […]