Entries by Wally Graham

Cassini Resources – OZ Minerals JV Hits Best Nebo Intersection

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) provided an update of Resource Infill Drilling activity at the company’s West Musgrave copper-nickel project Joint Venture with OZ Minerals (ASX: OZL) in Western Australia. Cassini Resources and OZ Minerals are conducting the drilling as part of the West Musgrave Pre-Feasibility Study (PFS) where OZ Minerals has recently […]

Impact Minerals Confident of Blackridge Gold Potential

THE BOURSE WHISPERER: Impact Minerals (ASX: IPT) completed a review of previous gold production data at the company’s Blackridge conglomerate-hosted gold project located about 30 kilometres north of Clermont in central Queensland. Impact Minerals used previous data that had been recorded by the Geological Survey of Queensland from 82 small mine shafts, which the company […]

Rox Resources Encounters High-Grades at Collurabbie

THE DRILL SERGEANT: Rox Resources (ASX: RXL) released high-grade assay results from a recently completed diamond drilling campaign at the company’s Collurabbie nickel project, located 230km north of Laverton in Western Australia. Rox Resources explained the overall aim of the diamond drilling program was to obtain samples of mineralisation from the Olympia deposit for metallurgical […]

Sheffield Resources Claims New Minerals Sands Discoveries

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) announced drilling results from regional exploration drilling at the Cold Duck, Porphyry Pearl, Cisco and Nomad prospects at the company’s Dampier mineral sands project near Derby in northern Western Australia. Sheffield Resources explained the Cold Duck, Porphyry Pearl and Cisco prospects to be new discoveries located within 15 […]

Blackstone Minerals Identifies Copper Cobalt Targets

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has identified copper-gold-cobalt targets centred on the Jewel prospect located 1.1 kilometres north-northeast of the Little Gem prospect at the company’s BC cobalt project in British Columbia, Canada. Blackstone Minerals identified the new soil anomalies over more than 1.5 kilometres adding they coincide with recently announced IP survey […]

Musgrave Minerals Continues Lake Austin North Run

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further reverse circulation (RC) assay results from drilling at A Zone at the Lake Austin North prospect. Lake Austin North is situated three kilometres north of the Break of Day gold deposit within the company’s Cue project in Western Australia’s Murchison district. Drill hole 18MORC051 was drilled […]

Alliance Resources Snares More Wilcherry Interest

THE BOURSE WHISPERER: Alliance Resources (ASX: AGS) has increased its interest in the Wilcherry Project Joint Venture (WPJV) Exploration Area in South Australia to 79.01 per cent. Alliance Resources’ stakein the WPJV comes via its wholly-owned subsidiary Alliance Craton Explorer Pty Ltd (ACE). Alliance’s JV partner Tyranna Resources (ASX: TYX) has diluted its interest in […]

Azure Minerals Very Happy with Oposura Scoping Study Results

THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) released positive outcomes from a recently-completed Scoping Study on the company’s 100 per cent-owned Oposura zinc-lead-silver project, located in Sonora, Mexico. Azure Minerals said the study had delivered a Life of Mine (LOM) EBITDA of $237 million, NPV8 (pre-tax) of $112 million and an IRR (pre-tax) of 76 […]

Alto Metals Confirms Gold at Depth at Vangaurd

THE DRILL SERGEANT: Alto Metals (ASX: AME) recently drilled two 2 RC holes at the Vanguard and Tiger Moth prospects of the company’s Sandstone gold project in Western Australia. Alto Metals reported that assay results from these holes confirmed geological models and provided samples for preliminary metallurgical testwork, which subsequently returned high recoveries and better […]