Entries by Wally Graham

Rox Resources Outlines 2018 Exploration Strategy

THE BOURSE WHISPERER: Rox Resources (ASX: RXL) outlined the company’s proposed exploration activities for 2018. Rox Resources said its strong financial position means that it can undertake substantial exploration programs while it continues to look for new asset opportunities that will build on its current portfolio. The company has been focused on the acquisition of […]

Thundelarra Drills Further Promise at Transylvania

THE DRILL SERGEANT: Thundelarra (ASX: THX) updated the market on recent diamond and reverse circulation drilling carried out at prospects, including Transylvania and Battery, that form part of the company’s Garden Gully gold project near Meekatharra in Western Australia’s Murchison Province. Thundelarra completed 20 reverse circulation (RC) holes and one diamond hole to test targets […]

Pioneer Resources Completed Mavis Lake Drill Program

Pioneer Resources (ASX: PIO) has completed a drilling program at the company’s Mavis Lake lithium project in the province of Ontario, Canada. Pioneer Resources carried out the drilling in conjunction with its Joint Venture partner, TSX Venture-listed International Lithium Corp. (ILC). The program targeted the Fairservice Pegmatite 6 prospect and consisted of nine diamond core […]

BCI Minerals Delivers Further Positive News from Kumina

THE DRILL SERGEANT: BCI Minerals (ASX: BCI) released further results from phase 1 drilling at the Kumina A deposit within the company’s Kumina tenements in Western Australia. BCI Minerals’ Kumina tenements comprise three granted exploration licences covering an area of approximately 480 square kilometres, located approximately 50km north-east of the company’s Bungaroo South deposit. Iron […]

Emmerson Resources to Retain Gold Projects in Restructure with Evolution Mining

THE BOURSE WHISPERER: Emmerson Resources (ASX: ERM) revealed results of discussions on the future of the Tennant Creek Mineral Field (TCMF) JV with Evolution Mining (ASX: EVN). Emmerson Resources said the discussions had resulted in a proposed new ownership structure that reflects the differing size and corporate objectives of the two companies. Under the restructure, […]

Intermin Resources Conducting New Discovery and Resource Growth Drilling Program

THE DRILL SERGEANT: Intermin Resources (ASX: IRC) has kicked off a major discovery and Resource expansion drill program at the company’s 100 per cent-owned gold projects in the Kalgoorlie region of Western Australia. Intermin Resources explained the drilling will be split approximately 50 per cent on new discovery and 50 per cent on resource growth. […]

Corazon Mining Commences Lynne Lake Drilling

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) informed the market it has commenced at the Fraser Lake Complex (FLC), located just five kilometres south of the company’s 100 per cent-owned Lynn Lake nickel-copper-cobalt mining centre in Canada. Corazon Mining kicked off the drilling on Valentine’s Day and expects the first hole (FLC-2018-018) to reach more […]

Market Movements Encourage Brownfield and Greenfield Explorers

COMMODITY CAPERS: The renewed optimism for the resources sector is built on the resurgence of interest in brownfield expansions and exploration of greenfield projects. The Department of Industry, Innovation and Science, in its Resources and Energy Quarterly for December 2017, informs us that the mining industry has continued to account for a decent share of […]