Entries by Wally Graham

Southern Gold Raises $10 Million From Institutional Placement

THE BOURSE WHISPERER: Southern Gold (ASX: SAU) received binding commitments from sophisticated and institutional investors to raise $10 million. Southern Gold said the objective of the placement of just over 71.4 million ordinary shares at 14 cents per share was to lift the company’s gold exploration effort in South Korea to higher level, including a […]

Middle Island Drilling at Sandstone to Improve Mill Recommissioning Chances

THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) is set to commence a substantial multi-rig, reverse circulation (RC) drilling campaign of over 1200 metres within four kilometres of the company’s 100 per cent-owned gold processing plant at the Sandstone gold project in central Western Australia. Middle Island said the drilling is being carried out to […]

THE DAILY ROADHOUSE

  Ramelius Resources Makes Move on Spectrum Metals THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) and Spectrum Metals (ASX: SPX) have struck a Bid Implementation Agreement (BIA) that will result in Ramelius offering to acquire all of the issued and outstanding ordinary shares in Spectrum that it does not already own. Red 5 Increases Darlot […]

Magmatic Resources Grows Lady Ilse Gold Target

THE DRILL SERGEANT: Magmatic Resources (ASX: MAG) informed of the receipt of the remaining three of four lines from a recent MIMDAS geophysical survey undertaken at the Lady Ilse prospect within the company’s 100 per cent-owned Wellington North project in New South Wales. Magmatic Resources reported that its interpretation of the MIMDAS data indicates the […]

Image Resources (ASX: IMA) Explorers 2020

THE CONFERENCE CALLER: Image Resources kicked off 2019 by loading its first bulk shipment of nominally 10,000 wet metric tonnes of heavy mineral concentrate (HMC) from the company’s 100 per cent-owned Boonanarring mineral sands project, located north of Perth in Western Australia. From there on the company barely looked back with production and sales results […]

Breaker Resources (ASX: BRB) Explorers 2020

THE CONFERENCE CALLER: Breaker Resources kicked off a major reverse circulation (RC) and diamond drilling program last year, designed to grow the one million-ounce Bombora Resource within the company’s Lake Roe gold project, east of Kalgoorlie in Western Australia. The Lake Roe project is located between two large gold deposits, the 3.5 million-ounce Carosue Dam […]

THE DAILY ROADHOUSE

  Azure Minerals Hits Impressive Gold Infilling Loma Bonita THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced first assay results from mineral resource infill and extension drilling of the Loma Bonita gold-silver deposit, located at the company’s 100 per cent-owned Alacrán project in Sonora, Mexico. Musgrave Minerals Commences Drilling on Lake Austin THE DRILL SERGEANT: […]

Azure Minerals Hits Impressive Gold Infilling Loma Bonita

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced first assay results from mineral resource infill and extension drilling of the Loma Bonita gold-silver deposit, located at the company’s 100 per cent-owned Alacrán project in Sonora, Mexico. Azure Minerals encountered some hefty intersections of gold mineralisation over substantial widths commencing close to surface with highlights including: […]