Entries by Wally Graham

Venture Minerals to Update Mt Riley Study

THE BOURSE WHISPERER: Venture Minerals (ASX: VMS) announced it has started work on updating a previously conducted mining study at the company’s Mt Lindsay iron ore mine in Tasmania. Venture Minerals said the updated study was being carried out so that a decision to recommence mining at Mt Lindsay can be made at the earliest […]

Calidus Resources has Warrawoona PFS on Track for July Finish

THE BOURSE WHISPERER: Calidus Resources (ASX: CAI) declared the pre-feasibility study currently underway at the company’s Warrawoona gold project in the Pilbara region of Western Australia is progressing well and is on track for completion in July. The company reported that all the information it has gathered so far has demonstrated the Warrawoona project, which […]

Breaker Resources Raises $6.3M to Advance Lake Roe Project

THE BOURSE WHISPERER: Breaker Resources (ASX: BRB) has undertaken a $6.3 million placement involving approximately 21 million shares at an offer price of 30 cents per share. Breaker Resources said the placement had received strong support from institutional and sophisticated investors based in Australia and Europe with Bell Potter Securities acting as lead manager. The […]

FYI Resources Reports High-Quality Drill Results

THE DRILL SERGEANT: FYI Resources (ASX: FYI) received results from a recently completed drilling program undertaken at the company’s 100 per cent-owned Cadoux kaolin project (EL/4673) in Western Australia. FYI Resources said the results came from a combination of diamond (DDH) and reverse circulation (RC) drilling and have confirmed the presence of high-grade, high-quality high […]

Peel Mining to Advance Mallee Bull Decline

THE DRILL SERGEANT: Peel Mining (ASX: PEX) and CBH Resources have agreed to seek regulatory approval to establish an exploration decline at their Mallee Bull 50:50 Joint Venture project, located near Cobar in western New South Wales. Peel Mining indicated the decline is to enable definition drilling and exploration from underground of the deeper portions […]

Emmerson Resources Funded for Continued Exploration at Mauretania

THE BOURSE WHISPERER: Emmerson Resources (ASX: ERM) is well-funded for more exploration at the company’s Mauretania project following the completion of a placement and receipt of additional gold royalty payment funds. Emmerson Resources said the completion of the second tranche placement at a premium to its current share price is a strong sign of continued […]