Entries by Wally Graham

Ramelius Resources end FY with big final quarter

THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) proved being a gold producer is fun at the moment by announcing it has exceeded production Guidance for the June 2016 Quarter. Ramelius has produced 32,752 ounces of gold from the company’s operations in Western Australia, as follows: Group quarterly production of 32,752 ounces (Guidance: 28-32,000oz) Mt Magnet […]

Neometals and MinRes increase Mt Marion 160 per cent

THE DRILL SERGEANT: Mineral Resources (ASX: MIN) and Neometals (ASX: NMT) announced a new Mineral Resource Estimate for the Mt Marion lithium project. The new Estimate has been prepared by Snowden Mining Industry Consultants. The results has increased the Mineral Resource Estimate to Indicated and Inferred Mineral Resources of 60.5 million tonnes at 1.36 per […]

Lithium Australia doubles Greenbushes tenement holdings

THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) has been granted three exploration licences to more than double the area the company currently covers in the Greenbushes region of Western Australia. Lithium Australia described Greenbushes as being the “world’s most productive lithium province” with the area hosting abundant pegmatites, which appear to be structurally controlled. A […]

Corazon Mining completes Mount Gilmore Due Diligence

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) informed the market it has completed the due diligence process on the Mount Gilmore cobalt-copper-gold project in north-eastern New South Wales. Corazon recently announced it had entered into an agreement with Providence Gold and Minerals Pty Ltd for an exclusive right to earn up to an 80 per […]

Southern Gold completes third Cannon gold processing campaign

THE DRILL SERGEANT: Southern Gold (ASX: SAU) released the results of its third processing campaign of ore treated from the company’s Cannon gold mine near Kalgoorlie. The latest processing campaign yielded 2095 ounces of gold. The mine is managed by Southern Gold’s development partner Metals X (ASX: MLX) with ore being treated at its South […]

Sheffield Resources doubles Thunderbird Mineral Resource

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has released an updated Mineral Resource for the company’s 100 per cent-owned, world-class Thunderbird mineral sands project, near Derby in northern Western Australia. The Minerals Resource now stands at 3.23 billion tonnes at 6.9 per cent heavy minerals (HM). The new Mineral Resource was updated to include 110 […]

Vimy aims for uranium supply reliability

THE INSIDE STORY: If you ask Vimy Resources (ASX: VMY) managing director Mike Young a question about uranium, you would be well-advised to have a good amount of time on your hands to hear the answer. Young doesn’t hold back when discussing uranium, a commodity he has admired for a long time, from when he […]

Neometals sets fast pace in lithium space

THE INSIDE STORY: Emerging lithium player Neometals (ASX: NMT) would be the envy of many mid-cap mining companies. By Mark Mentiplay Neometals has a healthy cash balance of $80 million and the Mt Marion lithium project, just south of Kalgoorlie, on track for first production by the end of the year. Mt Marion is underpinned by […]

Impact Minerals hits high-grade extensions at Commonwealth

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) continues to receive encouragement from a drill program currently underway at the company’s 100 per cent-owned Commonwealth project in New South Wales. Impact is undertaking up to 3,000 metres of drilling testing a number of targets it has identified at four separate locations: the Commonwealth deposit, Welcome Jack […]

S2 Resources confirms mineralisation continuity at Nanook

THE DRILL SERGEANT: S2 Resources (ASX: S2R) has completed a broad-spaced 27 hole reconnaissance RC drilling program at the Nanook prospect, part of the company’s 100 per cent-owned Polar Bear project in the Eastern Goldfields of Western Australia. The drilling was carried out with the aim of identifying various possible local bedrock sources for the […]