Entries by Wally Graham

Blackstone Minerals Hits Encouraging Cobalt Numbers with First Hole at Little Gem

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) announced results from the first hole drilled at the company’s Little Gem cobalt-gold project in British Columbia, Canada. Blackstone Minerals explained the hole had kicked off its first drilling program to be carried out at the project and had intersected massive, semi-massive and disseminated mineralisation, producing results including: […]

Ramelius Resources Surpasses December Gold Production Guidance

THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) announced it has exceeded the guidance range and produced record gold production at the company’s operations in Western Australia. Ramelius Resources declared gold production of 58,012 ounces (Guidance: 51-55,000 ounces) in the December 2017 quarter. The breakdown of contributions came from: Mt Magnet 23,352 ounces; Vivien 13,283 ounces; […]

Millennium Minerals Upgrades Bartons Underground Resources and Reserves

THE DRILL SERGEANT: Millennium Minerals (ASX: MOY) has progressed development of the proposed underground mining operation at the company’s 100 per cent-owned Nullagine gold project in Western Australia. Millennium Minerals has completed an updated Mineral Resource and interim Ore Reserve for the Bartons deposit, comprising 627,300 tonnes grading 4.9 grams per tonne gold for 97,900 […]

Gascoyne Resources Progresses Dalgaranga Towards Gold Production

THE BOURSE WHISPERER: Gascoyne Resources (ASX: GCY) informed the market of the construction progress being made at the company’s 100 per cent-owned Dalgaranga gold project in Western Australia. Gascoyne Resources has worked up a Measured, Indicated and Inferred Resource at Dalgaranga of 31.1 million tonnes at 1.3 grams per tonne gold for 1,320,000 ounces of […]

Kin Mining Inks $35M Debt Facility

THE BOURSE WHISPERER: Kin Mining (ASX: KIN) announced the execution of a binding term sheet for $35 million (US$27M) with Canadia-based Sprott Private Resource Lending. Kin Mining said the debt package will support the full pre-production and construction cost of the company’s 100 per cent-owned Leonora gold project (LGP) located in the North-Eastern goldfields region […]

Corazon Mining Completes Phase 2 Metallurgy Work at Cobalt Ridge

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) declared the achievement of highly positive results from a recently completed Phase 2 metallurgical testwork program at the company’s Mount Gilmore cobalt-copper-gold project in New South Wales. Corazon Mining completed the testwork on a composited sample of drill core from recent drilling undertaken at the Cobalt Ridge deposit. […]

Genesis Minerals Results Enhance Ulysses Underground Potential

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported further results from the current resource upgrade and extensional drilling program underway at the company’s 100 per cent-owned Ulysses gold project, south of Leonora in Western Australia. Genesis Minerals said the latest batch of assays had provided further evidence of the potential for a standalone underground mining […]

Cobalt Blue Holdings Confirms Railway Mineralisation Grade

THE DRILL SERGEANT: Cobalt Blue Holdings (ASX: COB) released initial assays from its a resource definition drilling program underway at the company’s Thackaringa cobalt project in New South Wales. Cobalt Blue Holdings declared the results to have demonstrated strong continuity of cobalt mineralisation along both strike and down dip of previous drilling carried out at […]

BC Iron to Become BCI Minerals

THE BOURSE WHISPERER: BC Iron (ASX: BCI) is set to change the company’s name in a bid to reflect its broadening horizons. BC Iron announced that, in accordance with a special resolution passed by shareholders at the company’s Annual General Meeting it will now be known as BCI Minerals Limited. The company explained it is […]

In The Front Bar 2017

IN THE ROADHOUSE: The Roadhouse looks back on the events that kept its regulars entertained throughout 2017 3 Feb 2017 Returning to The Roadhouse after a well-deserved break we were greeted by a scene that would not have been out of place in a 1960s sci-fi film. All the regulars were there, seated around the […]