Entries by Wally Graham

AMEC Appoints Warren Pearce as New CEO

IN THE LOBBY: The Association of Mining and Exploration Companies (AMEC) announced the appointment of Warren Pearce as its new chief executive officer. AMEC said Pearce comes with some pedigree, having most recently been CEO of Local Government Professionals Australia WA (LGP) where he developed a reputation for forthright and effective advocacy on behalf of […]

Peel Mining Delivers Further Drilling Encouragement from Mallee Bull

THE DRILL SERGEANT: Peel Mining (ASX: PEX) reported further encouraging drilling results from the company’s 50 per cent-owned Mallee Bull deposit, located near Cobar in western New South Wales. Peel Mining said the results relate to prefeasibility work into the development of the high-grade, near surface T1 zinc-lead-silver lens at Mallee Bull. Peel is undertaking […]

Market Interest Kicks In Following Diggers

THE CONFERENCE CALLER: Before we trundled off to Diggers & Dealers we pondered what results there would be share price-wise for the companies presenting. Now we don’t pretend to be very scientific here at The Roadhouse, so we were interested in seeing what impact – if any – presenting at the country’s biggest mining forum […]

Red Metal JV Partner Commences Emu Creek Drilling

THE DRILL SERGEANT: Red Metal (ASX: RDM) announced its Joint Venture partner, Chinova Resources has initiated drilling on the Emu Creek JV in Queensland. Red Metal said the current program aims to drill test three separate electromagnetic conductors on the Little Sandy Creek project located within nune kilometres of Chinova’s Osborne copper and gold mine. […]

Kin Mining Lodges Leonora Gold Project Works Approval

THE BOURSE WHISPERER: Kin Mining (ASX: KIN) has lodged approval documentation for Phase 1 of the company’s 100 per cent-owned Leonora gold project located in the North-Eastern goldfields of Western Australia. Kin Mining declared the lodgement to be an important step in its progress towards development and production. Kin lodged a Mining Proposal with the […]

Hammer Metals Enters JV with Mt Isa Mines

THE BOURSE WHISPERER: Hammer Metals (ASX: HMX) has struck a new Joint Venture Agreement with Mount Isa Mines Limited. Hammer Metals explained the ne JV was negotiated as a pre-condition to its purchase of the 51 per cent interest in EPM 14467, held by AuKing Mining (ASX: AKN) (formerly Chinalco Yunnan Copper Resources Limited). EPM […]

Geopacific Resources Hits Further Gold at Kulumadau

THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) announced results from ongoing development drilling at the Kulumadau deposit of the company’s Woodlark gold project, east of Port Moresby in the Milne Bay Province of PNG. The Woodlark project is a joint venture with Kula Gold (ASX: KGD). Geopacific Resources said the drilling has continued to encounter […]

Encounter Resources Hits High-Grade Gold at East Thompson’s

THE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced first assay results from a recent RC drill program at the company’s East Thomson’s Dome (ETD) gold prospect in Western Australia. Encounter Resources said the drilling had encountered high-grade gold mineralisation in the first three RC holes of the 18 hole RC drill program that was designed […]

Impact Minerals Extends Silica Hill Drill Program

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has extended a drilling program currently underway at the high-grade gold-silver discovery at Silica Hill, part of the company’s 100 per cent-owned owned Commonwealth project, north of Orange in New South Wales. Impact Minerals indicated the drilling was extended following the receipt of high-grade silver assays from Hole […]

Mustang Resources Increases Ruby Inventory in Lead-up to Auction

THE BOURSE WHISPERER: Mustang Resources (ASX: MUS) has increased the ruby inventory at the company’s Montepuez project in Mozambique to 147,052 carats. Mustang Resources said the increase in the ruby inventory is due to previously-reported water shortages having been overcome, enabling the ramp up of the upgraded processing plant to reach its full target rate. […]