Entries by Wally Graham

Calidus Resources Drilling Blue Spec to Increase Warrawoona Production Rate

THE DRILL SERGEANT: Calidus Resources (ASX: CAI) reported the start of diamond drilling at the high-grade Blue Spec deposit at the company’s Warrawoona gold project in Western Australia. Calidus Resources said the drilling was part of its development strategy for Warrawoona with Blue Spec to be integral to the growth of the project’s forecast production […]

Zenith Minerals Defines New Develin Creek Drill Targets

THE DRILL SERGEANT: Zenith Minerals (ASX: ZNC) reported the identification of four new drill targets at the company’s Develin Creek copper-zinc massive sulphide project in Queensland. Zenith Minerals identified the new targets via induced polarisation (IP) geophysical surveys carried out at the Snook and Wilsons copper-zinc prospects. The targets include two new high-quality drill targets […]

Ardea Resources Completes Capital Raising to fund Kalgoorlie Nickel Project Feasibility Work

THE BOURSE WHISPERER: Ardea Resources (ASX: ARL) has raised $5.7 million to accelerate activities at the company’s Kalgoorlie nickel project (KNP) in Western Australia. After the cash is banked, Ardea Resources will have more than $10 million cash it intends spending to progress feasibility study work streams, including hydrology and metallurgical drilling programs, metallurgical test […]

Firefly Resources Scores High-Grade Rock Chips at Yalgoo

THE DRILL SERGEANT: Firefly Resources (ASX: FFR) reported assay results from follow-up sampling of recorded and unrecorded gold workings across the northern extent of the company’s 100 per cent-owned Yalgoo gold project in Western Australia. Firefly Resources recently announced it would be merging with Gascoyne Resources, however this apparently hasn’t stopped the company from concentrating […]

Apollo Consolidated Scores Strong Gold Hits at Cleo and Rebecca Deposits

THE DRILL SERGEANT: Apollo Consolidated (ASX: AOP) declared hits of further widespread gold mineralisation from recent Reverse Circulation (RC) drilling undertaken at the Cleo discovery, located only 1.5 kilometres west of the main Rebecca deposit at the company’s 100 per cent-owned Lake Rebecca gold project east of Kalgoorlie in Western Australia. Apollo Consolidated drilled nine […]

Kin Mining to Commence Cardinia Gold Project Regional Exploration Drilling

THE DRILL SERGEANT: Kin Mining (ASX: KIN) signalled its intentions to step up exploration activity across a number of satellite projects located outside the company’s 1.23 million ounce Cardinia Gold Project (CGP) near Leonora in Western Australia. Kin Mining owns six separate projects located east and west of the centrally located CGP, which the company […]

Musgrave Minerals Encounters Thick Gold Intersections at Big Sky

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

Premier Forrest Encouraged to Provide Financial Incentives to Advance Goldfields

THE ROADHOUSE HISTORY FILES: Money, and how it has been raised and spent throughout the history of the Goldfields has been subject to conjecture from an early stage.   THE KALGOORLIE MINER TUESDAY, SEPTEMBER 17, 1895. It has been suggested that as the easiest and most profitable method of making these vast interior goldfields of […]

Gascoyne Resources and Firefly Resources to Merge into New, Bigger and Better Murchison Gold Entity

COMMODITY CAPERS: At the 2020 Diggers & Dealers Forum there was much excitement centred around the big gold merger between Saracen Mineral Holdings and Northern Star Resources with the new entity to become the owner of Kalgoorlie’s Super Pit operations. At the time, Northern Star boss Bill Beament suggested there could/should be more gold company […]