Entries by Wally Graham

What the Analysts Say

WHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Elysium Resources (ASX: EYM) and Atherton Resources (ASX: ATE). Website: www.breakawayresearch.com Elysium Resources (ASX: EYM) Elysium Resources continues to make progress on its 100 per cent-owned Burraga copper project in the Central West of New South Wales. Key advancements include progress […]

Numbers in quality trump numbers in quantity

THE CONFERENCE CALLER: The mining industry is – like most others – fascinated, perhaps to the point of obsession – with numbers. It makes sense then that the media contingent that follows it around is as equally fixated on how the industry uses them. So the big question in the media room at the Diggers […]

Hi Ho, Hi Ho, it’s off to work we go

THE DRILL SERGEANT: Companies getting busy on the drill bit this week include Encounter Resources, Apollo Minerals, Ventnor Resources, and Core Exploration. Drilling Commences under Antofagasta Earn-in Agreement Encounter Resources (ASX: ENR) announced the commencement of aircore/RC drilling at the Lookout Rocks copper project in Western Australia. Lookout Rocks includes four tenements (approx. 450sqkm) of […]

Lithium Australia test produces 99.57% lithium carbonate

THE DRILL SERGEANT: Perth-based lithium play Lithium Australia (ASX: LIT) announced the production of more than seven kilograms of high-purity lithium carbonate from a 10 day continuous mini-plant processing trial the company recently completed at a Perth laboratory. The trial was conducted using processing technology that has been licensed to Lithium Australia and resulted in […]

Lanka Graphite granted new Exploration Licences

THE BOURSE WHISPERER: Lanka Graphite (ASX: LGR) has been granted exploration licences for application areas commonly known as EL952 and EL954 by the Sri Lankan Geological Survey and Mines Bureau (GSMB). The application areas known as EL952 (Licence No EL/307) and EL954 (Licence No EL/308) are both located within the Sabaragamuwa Province of Sri Lanka […]

Krucible Metals releases Torrington tungsten update

THE DRILL SERGEANT: Krucible Metals (ASX: KRB) announced a JORC 2012-compliant updated Mineral Resource estimate for the company’s Torrington tungsten project in New South Wales. Krucible acquired the Torrington tungsten project earlier this year from Resolve Geo Pty Ltd, which had previously estimated a combined Indicated and Inferred Resource estimate for the project of 1.164 […]

Red River Resources review demonstrates Thalanga zinc potential

THE BOURSE WHISPERER: Red River Resources (ASX: RVR) has completed a regional exploration potential review for the company’s 100 per cent-owned Thalanga zinc project in Queensland, in preparation for a Re-Start Study. Red River acquired the project in October 2014, since when it has expanded the tenement package – most recently via a joint venture […]

Horseshoe Metals hits high-grade copper at Horseshoe Lights

THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) attracted some market interest with the release of high-grade, shallow copper assay results from ongoing resource and exploration drilling being carried out at the company’s 100 per cent-owned Horseshoe Lights copper/gold project in the Gascoyne region of Western Australia. The company’s latest assay results come from resource drill […]

MRL Corporation achieves high-grade graphite yields

THE BOURSE WHISPERER: MRL Corporation (ASX: MRF) has followed up its recent release of results on the recovery of graphene from the company’s graphite projects in Sri Lanka to announce further test work has produced a very high graphene yield. The company claims that using an exfoliation process time of only 10 minutes, it achieved […]