Entries by Wally Graham

Cassini Resources Supports Exploration Aspirations

THE INSIDE STORY: Cassini Resources (ASX: CZI) strengthened its ‘explorer in its own right’ credentials with drilling results from the company’s wholly-owned West Arunta zinc project in northern Western Australia. The drilling is separate to Cassini’s West Musgrave Project (WMP), the largest undeveloped nickel – copper project in Australia, that is being developed under a […]

Why Gold is Approaching a Bottom

FRIENDS OF THE ROADHOUSE: Recent months have proven challenging for the gold sector, with trading momentum definitely on the negative side as speculators have sided with the US dollar. By Gavin Wendt These pillars of global financial markets move inversely proportionately to each other – i.e. when one’s rising, the other falls – and vice […]

Venture Minerals Identifies New Thor Drill Targets

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) announced the identification of nine priority VMS (Volcanogenic Massive Sulfide) drill targets at the company’s Thor VMS prospect in Western Australia. Venture Minerals said the targets had been identified from preliminary results of a recently completed EM (Electromagnetic) survey at the Thor VMS prospect. Venture has focused exploration […]

Alliance Resources Commences Drilling of Weednanna Regional Targets

THE DRILL SERGEANT: Alliance Resources (ASX: AGS) has commenced aircore drilling on the regional gold targets surrounding the Weednanna gold deposit, part of the Wilcherry Project Joint Venture between Alliance (75.01%) and Tyranna Resources (ASX: TYX) (24.99%). Alliance Resources indicated the first regional gold exploration target to be tested is the Weednanna East gold prospect. […]

Galena Mining Kicks-off Abra DFS

THE BOURSE WHISPERER: Galena Mining (ASX: G1A) has commenced a definitive/bankable feasibility study (DFS) for the company’s wholly-owned Abra base metals project, located in Western Australia. Galena Mining announced it has retained Australian engineering consulting and contracting company, GR Engineering Services Limited (ASX: GNG) to undertake key portions of the DFS related to plant design, […]

Intermin Resources Extends Anthill Strike Length

THE DRILL SERGEANT: Intermin Resources (ASX: IRC) recently completed an extensive resource extension drilling program at the company’s 100 per cent-owned Anthill gold project on the Zuleika Shear, north-west of Kalgoorlie – Boulder in the Western Australian goldfields. Intermin Resources drilled a total of 122 Reverse Circulation (RC) holes for 15,118m to an average depth […]