Entries by Wally Graham

Doray Minerals starts open pit mining at Deflector

THE DRILL SERGEANT: Doray Minerals (ASX:DRM) announced it has kicked off open pit mining at the company’s Deflector gold project. Doray trumpeted the commencement of mining at Deflector as a milestone in the company’s plans to become a multi-mine high-grade gold producer. Doray advisesd its open pit contractor, MACA Ltd (ASX: MLD) recently completed the […]

Gold Road Resources confirms long life for Gruyere gold project

THE BOURSE WHISPERER: Gold Road Resources (ASX: GOR) has completed the Pre‐Feasibility Study (PFS) for the development of the company’s 5.62 million ounce Gruyere project, east of Laverton in Western Australia. Gold Road claims the PFS to have confirmed the Gruyere project to be one of Australia’s best undeveloped gold deposits. According to the company […]

Market suffering New Year wobbles

ROADHOUSE REGULAR: As you can’t have failed to notice the first few weeks of the New Year have seen a return to ‘Interesting Times’. We have seen corrections in the major stock markets, and continuing falls in commodities. There is really no point in giving a summary of what is happening in the resources markets […]

Doray Minerals scores high-grade gold results and visible gold at Wilber North

THE DRILL SERGEANT: Doray Minerals (ASX:DRM) has intersected further visible gold mineralisation whilst conducting underground diamond drilling within the Wilber North area at the company’s Andy Well gold mine in Western Australia. The company has completed eight diamond holes at Wilber North with five holes intersecting quartz lode intervals with visible gold mineralisation. Drilling of […]

Tyranna Resources hits further gold at Golf Bore

THE DRILL SERGEANT: Tyranna Resources (ASX : TYX) announced results of recently completed reverse circulation (RC) drilling at the Golf Bore gold prospect in South Australia’s Western Gawler Craton. The Golf Bore gold prospect is one of seven advanced prospects within the company’s Jumbuck gold project. Golf Bore is situated on EL4577 which forms part […]

Lithium Australia confirms lithium hydroxide production process

THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) claims to have potential for a second commercial lithium product – lithium hydroxide – to be produced from the company’s Lepidolite Hill mica deposit, located southwest of Kalgoorlie in Western Australia. The company received final control assays from recent production of lithium hydroxide, which it said substantiated the […]

Impact encounters high grades of everything at Platinum Springs

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) announced high-grade platinum, palladium, nickel and copper assays from drilling at the company’s Platinum Springs prospect located north east of Broken Hill in New South Wales. The drilling encountered a thick unit of massive sulphide in Hole PSD02, which returned: 0.6 metres at 11.5 grams per tonne platinum, […]

Renaissance Minerals secures Okvau funding with new JV partner

THE BOURSE WHISPERER: Renaissance Minerals (ASX: RNS) has signed up a development partner for the company’s Cambodian gold projects, in particular the Okvau gold deposit, having inked a Joint Venture with Emerald Resources (ASX: EMR). The two companies have struck a legally binding Memorandum of Agreement (MoA), under which Emerald may earn up to a […]

Gascoyne Resources intersects high-grade gold at Golden Wings

THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has received assay results from infill resource RC drilling completed in December 2015 on the Golden Wings deposit at the company’s 80 per cent-owned Dalgaranga gold project in the Murchison region of Western Australia. The Dalgaranga gold project contains a Measured, Indicated and Inferred Resource of 23 million […]

Metalicity applies for new WA lithium projects

THE BOURSE WHISPERER: Metalicity (ASX: MCT) has lodged four exploration licence applications (ELAs) across three project areas the company considers to be prospective for lithium, tantalum and tin mineralisation, located in established rare metal geological settings in Western Australia. Metalicity generated the projects have from its own in-house exploration targeting model it developed from a […]