Entries by Wally Graham

Anatolia Energy continues good drill run at Sefaatli

THE DRILL SERGEANT: Anatolia Energy (ASX: AEK) has received initial results from a Phase 2 drilling program being carried out at the company’s Sefaatli uranium project in Turkey. Anatolia said the drilling has continued to intersect up to four stacked lenses, within a number of consistently mineralised horizons at the project’s Deliler prospect. Drilling at […]

Potash West L-Max technology plant commissioned

THE BOURSE WHISPERER: Potash West (ASX: PWN) announced the construction of a small processing plant utilising the company’s 25 per cent-owned L-Max process. Potash West is a mineral exploration company focused on developing phosphate and potassium greensand deposits in West Australia’s Perth Basin. As part of this development Potash West, with Strategic Metals (SM), developed […]

Cassini Resources heads back to the field

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) is back in the field, kicking off its 2015 exploration program, following the completion of a recent capital raising. The company’s geologists are currently on the Succoth prospect re-logging and re-interpreting historical drill core from over 30 diamond holes to refine the geological model and to gain a […]

Vimy Resources bags $30M funding package

THE BOURSE WHISPERER: Vimy Resources (ASX: VMY) is set to raise $5 million through a placement of 16.67 million shares at 30 cents per share to Resource Capital Fund. On top of the placement, RCF has also conditionally offered to provide an additional $25 million of funding in the form of a royalty and bridging […]

Cobre Montana claims world first lithium breakthrough

THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has combined with technology provider, Strategic Metallurgy to announce a breakthrough in lithium extraction technology. In what the company claims to be a ‘world first’, tests carried out on samples from the Lepidolite Hill deposit, located near Coolgardie in Western Australia {80% Cobre Montana and 20% Focus Minerals […]

Impact confirms widespread rare PGMs at Broken Hill

THE DRILL SERGEANT: Impact Minerals Limited (ASX: IPT) has received new assay data and undertaken a review of previous results from the company’s Broken Hill Joint Venture project. Impact said the latest results have confirmed the presence of high-grade and rare platinum group metals in a wide arc stretching from the northeast to the southeast […]

Blackham Resources inks $38.5M deal for Matilda

THE BOURSE WHISPERER: Blackham Resources (ASX: BLK) is shouting from the roof tops of West Perth with news it has struck an agreement for a $38.5 million Funding Package for the company’s Matilda gold project in Western Australia. The deal has been done with mining-focused investment house Orion Mine Finance. Blackham said the funding should […]

KGL Resources extends Jervois lead-zinc-copper zones

THE DRILL SERGEANT: KGL Resources (ASX: KGL) has completed a program of reverse circulation (RC) drilling at the company’s Jervois copper-silver-gold project in the Northern Territory. The company said the drilling has extended high‐grade mineralisation at the project with highlights from the drilling including: Marshall: KJC122 14 metres at 2.53 per cent copper, 0.18 per […]

Doray Minerals hits high-grades during Wilber extension drilling

THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has completed its first underground diamond drilling program on extensions to the Wilber Lode deposit at the company’s Andy Well gold project in Western Australia. According to Doray the drilling encountered some encouraging high-grade results, which it said has confirmed continuation of high-grade mineralisation below the current mine […]

It’s a long way to the top when the bottom keeps stretching

CONFERENCE CALLER: The question most asked on any long journey is, ‘are we there yet?’ which is a good question, especially if you don’t know where it is you’re going. What we should really be asking at present is, does the question maintain its relevance when we’ve been ‘there’ before? According to Far East Capital […]