Entries by Wally Graham

Southern Gold Releases Seventh Cannon Profit Distribution

THE BOURSE WHISPERER: Southern Gold (ASX: SAU) announced payment of the seventh profit share distribution from the company’s Cannon gold mine southeast of Kalgoorlie in Western Australia’s Eastern Goldfields. Southern Gold said the Cannon gold mine operations committee resolved to pay a further $3 million in profit distributions, or $1.5 million to Southern Gold as […]

Early Market Close Takes Toll on Diggers Presenters

CONFERENCE CALLER: Trading hours of the Australian Securities Exchange and the tyranny of distance provide a difficult conundrum for Western Australia-based share price watchers. This is on show this week at the 2017 Diggers & Dealers conference in Perth, where an attentive audience, listening to presentations from potential investment conduits need to wait until the […]

Rox unveils another hot prospect in Mt Fisher greenstone belt

THE INSIDE STORY: Today’s mineral exploration landscape is littered with companies seeking to uncover a share of Australia’s hidden treasures using technology, knowledge, experience, geological information and personal skills. By Ron Berryman These tools of the trade along with a policy to patiently acquire, explore and develop have certainly helped place Rox Resources (ASX: RXL) […]

Lithium Miner Looking at the Bigger Picture

THE INSIDE STORY: While lithium miner Neometals (ASX: NMT) has already established itself as a serious Australian producer of the important commodity, the company is also displaying more than one string to its bow. By Ron Berryman The Western Australia-based company has not only increased performance and product quality for spodumene concentrate from its Mt […]

Gold Road Resources Confirms Ibanez Mineralisation

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) greeted delegates to the Diggers & Dealers conference in Kalgoorlie with news of bedrock drilling results from follow‐up diamond drilling at the Ibanez prospect within the Pacific Dunes‐Corkwood Camp. The Ibanez prospect is located on Gold Road Resources’ 100 per cent-owned North Yamarna tenements, is hosted within […]

Peel Mining Records Big Copper Hits at Wirlong

THE DRILL SERGEANT: Peel Mining (ASX: PEX) reported further encouraging drill results from the company’s 60 per cent-owned Wirlong prospect located near Cobar in western New South Wales. Peel Mining explained the ongoing drilling is aimed at better defining and extending the known footprint of copper mineralisation at Wirlong, which it considers to bear the […]

Cassini Resources Completes Positive Metallurgical Testwork

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has completed a detailed metallurgical testwork program as part of Further Scoping Study (FSS) activities at the company’s West Musgrave project (WMP), located in Western Australia. Cassini Resources indicated the program of work represents the first stage of the Earn-in/JV Agreement with OZ Minerals (ASX: OZL). The company […]

Australian Potash Kicks-off Yamarna Gold Exploration

THE DRILL SERGEANT: Australian Potash (ASX: APC) announced it would be implementing program recommendations from CSA Global for work programs across the company’s Yamarna gold project in Western Australia. Australian Potash’s (ASX: APC) tenements cover an estimated 65 kilometres of strike, 60km northwest and along strike of the six-million-ounce Gruyere mine development of Gold Road […]

Tyranna Resources Commences Drilling at Typhoon Prospect

THE DRILL SERGEANT: Tyranna Resources (ASX: TYX), as manager of the Western Gawler Craton Joint Venture, announced that the second half exploration campaign (RC drilling) has commenced at the Typhoon gold prospect, located 35 kilometres from the Challenger gold mine in South Australia. Tyranna Resources is working on the Western Gawler Craton JV, with WPG […]

West Musgrave Joint Venture Promises Rich Rewards

THE INSIDE STORY: The west Musgrave project of Cassini Resources (ASX: CZI) located in Western Australia near the South Australian border, has moved into an important developmental stage. By Ron Berryman Cassini Resources is currently undertaking a scoping study, the first of three important stages towards a definitive feasibility study, which is expected to be […]