Entries by Wally Graham

St George Mining confirms high-grade nickel at Mt Alexander

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has received assay results for a recently-completed maiden drill program at the Investigators prospect, located in the western section of the Cathedrals Belt at the company’s Mt Alexander project in Western Australia. St George Mining claims the results to have confirmed multiple intersections of high-grade nickel‐copper sulphide […]

Lithium Australia begins continuous lithium carbonate production

THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) commenced piloting for continuous production of lithium carbonate. The pilot production is part of the second stage of the company’s new test program at the Sileach pilot plant in Sydney, operated by ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation). Lithium Australia’s step-up to […]

Sheffield Resources improves Thunderbird recoveries and product specs

THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) announced the completion of metallurgical test work conducted for the Bankable Feasibility Study (BFS) on the company’s 100 per cent-owned Thunderbird mineral sands project, near Derby in northern Western Australia. The BFS is on schedule for release in early 2017. The metallurgical test work was carried out on […]

Kairos Minerals focussed on high-grade WA gold and lithium

THE INSIDE STORY: It would appear somebody forgot to tell Kairos Minerals (ASX: KAI) that extensive exploration programs carried out across a number of project areas are not the current modis operandi for junior exploration plays. Kairos Minerals’ 100 per cent-owned Mt York lithium-gold project is located 120km south-east of Port Hedland in the East […]

Tyranna Resources expanding Jumbuck destiny

THE INSIDE STORY: Tyranna Resources (ASX: TYX) is confident a bright future lies within the company’s Jumbuck gold project located in the Western Gawler Craton of South Australia. It’s hard to disagree with that sentiment, especially when you take the company’s recent drilling success into consideration. Tyranna completed a highly successful drilling program in the […]

Stavely Minerals lifts gaze to explore Queensland prospects

THE INSIDE STORY: Stavely Minerals (ASX: SVY) has broadened its copper-gold horizons beyond the limits of the company’s multiple Victorian drill-ready discovery opportunities to include prospects in the historical copper-gold regions of Queensland. Early this year, Stavely Minerals acquired the highly-prospective Ravenswood West project (EPM26041) in North Queensland subsequent to the acquisition of private company […]

European Metals encounters shallow lithium at Cinovec

THE DRILL SERGEANT: European Metals Holdings (ASX: EMH) announced analytical results for two confirmation drillholes CIW-19 and CIW-20 at the company’s Cinovec lithium-tin-tungsten project in the Czech Republic. European Metals said the two drillholes are the most northern it has drilled to date. Both intersected lithium mineralisation from less than 30m depth, representing the shallowest […]

Core Exploration banks $6M to drill for NT Lithium

THE DRILL SERGEANT: Core Exploration (ASX: CXO) announced it has received firm commitments to place approximately 67 million new shares at an issue price of nine cents per share to raise approximately $6 million. Core Exploration said the placement was heavily oversubscribed, with strong support received from professional and Australian and international institutional investors, which […]

Breaker Resources cashed up for Lake Roe drilling campaign

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) is about to commence two key drilling programs at the company’s Lake Roe gold project in Western Australia, after having completed a $12.4 million capital raising. Breaker Resources said the funding will be used to undertake resource definition drilling at the outstanding Bombora and Bombora North discoveries at […]