Entries by Wally Graham

Minotaur Exploration terminates copper and nickel JVs

THE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) has been left holding the babies after its Joint Venture partner Golden Fields Resources (ASX: GFR) failed to meet its financial obligations. Minotaur advised the market it had terminated the Eloise copper Joint Venture (JV) as a consequence of GFR’s inability to continue making payments in accordance with […]

Genesis Minerals picks up Ulysses gold project

THE BOURSE WHISPERER: Genesis Minerals (ASX: GMD) has acquired the Ulysses gold project, located approximately 30 kilometres south of Leonora and approximately 200km north of Kalgoorlie in Western Australia. The project, which is being acquired from a private party, contains the Ulysses deposit which comes with an estimated Indicated and Inferred Resource of 2.1 million […]

Coppermoly extracts high-grade copper results from Nakru samples

THE DRILL SERGEANT: Coppermoly Limited (ASX: COY) has released final assay results from rock float samples collected on the company’s Nakru exploration licence (EL 1043) on New Britain Island in Papua New Guinea. The company explained the assays are for previously announced samples that contain high-grade material and were listed previously as containing greater than […]

Horseshoe Metals continues copper run at Horseshoe Lights

THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has continued its encouraging run of high-grade 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. “Drilling has intersected significant zones of copper mineralisation, which will add greater certainty […]

Nick Giorgetta: Diggers & Dealers

Nick Giorgetta: Diggers & Dealers ONE OFF THE WOOD: Diggers & Dealers kicks off a new era this year with industry luminary Nick Giorgetta taking over the role of chairman, vacated by big, bad Barry Eldridge last year. Nick has a long history in the industry and in Kalgoorlie where he began his career over […]

Anatolia Energy to merge with US-based Uranium Resources

THE BOURSE WHISPERER: Anatolia Energy (ASX: AEK) has announced a merger with NASDAQ-listed uranium play Uranium Resources. The prize for Uranium Resources is access to Anatolia’s Temrezli uranium project in central Turkey, and for Anatolia, is the ability to fast-track Temrezli through to production. Once the deal is completed the new entity, under the Uranium […]

Rox drives exploration triple

THE INSIDE STORY: Rox Resources (ASX: RXL) is fast becoming the ‘Triple Threat’ of the Australian exploration sector developing three separate projects focusing on three different commodities. It’s little wonder then that when attending industry shows, Rox becomes a star attraction as punters line up to glean information on the company’s Fisher East nickel project, […]

Azure cock-a-hoop with Alacran results

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) stood up in its toes to announce it had received “exceptional results” from an ongoing sampling program being carried out on the company’s Alacrán project, located in the northern Mexican state of Sonora. Highlights from the results include channel sampling of La Morita underground mineralised zones returns of: […]

Adelaide Resources hits copper at Alford West

THE DRILL SERGEANT: Adelaide Resources (ASX: ADN) has reported drilling results from the company’s 100 per cent-owned Moonta copper project in South Australia. According to the company the first deeper drilling it has carried out at the Alford West prospect has encountered broad intersections of moderate grade copper. A drilling program of eight Reverse Circulation […]