Entries by Wally Graham

Westgold Lodges Bidder’s Statement for Gascoyne Resources Takeover to Lukewarm Response

THE BOURSE WHISPERER: The battle for Gascoyne Resources (ASX: GCY) between Firefly Resources (ASX: FFR) and Westgold (ASX: WGX) entered a new chapter this morning with Westgold releasing its Bidder’s Statement. Westgold presented its case, saying in its Statement that it, “is aware of the current Firefly Scheme with Gascoyne and presents this Offer as […]

Ramelius Resources Makes Welcome Advances for Apollo Consolidated Takeover

THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) provided Apollo Consolidated (ASX: AOP) shareholders something to blow their morning coffee over by announcing a takeover bid. Ramelius Resources reported entering into a Bid Implementation Agreement (BIA) with Apollo Consolidated that will result in the former acquiring all issued ordinary shares of the latter by way of […]

Corazon Mining Exercises Option to Acquire Miriam Nickel Project

THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) was up early this morning exercising its Option to Acquire 100 per cent of the Miriam nickel sulphide project near Coolgardie in Western Australia’s Goldfields. Corazon Mining took an option to acquire the Miriam project sometime around July, subject to completion of due diligence, which it has now […]

Alchemy Resources Wins Kalgoorlie Tenement Raffle

THE BOURSE WHISPERER: Alchemy Resources (ASX: ALY), via its wholly owned subsidiary company Goldtribe Corporation Pty Ltd picked up three new exploration licence applications from a raffle drawn straight out of the hat of the Mining Warden in Kalgoorlie. Alchemy Resources reported that Goldtribe won three ballots for three key exploration licence applications (E28/3048, E28/3053 […]

Encounter Resources Expands BHP Northern Territory Partnership

THE BOURSE WHISPERER: Encounter Resources (ASX: ENR) has expanded its formal Farm-in and Joint Venture Agreement with BHP covering the Elliott copper project in the Northern Territory. Encounter Resources said the expansion will increase the size of the Elliott farm in from 4,500 square kilometres to 7,200sqkm while the earn-in amount for BHP to earn […]

Auroch Minerals to Assess Nepean Pegmatites for Lithium Potential

THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) has commenced sampling as part of the assessment of the lithium-caesium-tantalum (LCT) mineralisation potential at the company’s 80 per cent-owned Nepean project in Western Australia. Auroch Minerals had previously identified pegmatite intrusions throughout the project area, including at the historic Nepean nickel mine itself, where multiple pegmatites intruded […]

Charger Metals Completes Flyover Investigation at Coates Project

THE CONFERENCE CALLER: Charger Metals recently listed on the ASX targeting battery-component and precious metals. The company arrived with a portfolio consisting three projects, two in Western Australia and the third in Northern Territory. The Coates nickel-copper-gold PGE project in WA (Charger 70%-85% interest) is approximately 20 kilometres SE of Chalice Mining’s Julimar nickel-copper-gold-PGE discovery. […]