Entries by Wally Graham

Aurelia Metals increases Hera Resource Estimate

THE DRILL SERGEANT: Aurelia Metals (ASX: AMI) has reported an upgrade to the Mineral Resource Estimate at the company’s 100 per cent-owned Hera gold-lead-zinc project in central New South Wales. The JORC Code 2012-compliant Mineral Resource estimate has come in at: 3.2 million tonnes at 3.75 grams per tonne gold, 33.4g/t silver, 3.5 per cent […]

Vimy Resources upgrades Ambassador Resource at Mulga Rock uranium project

THE DRILL SERGEANT: Vimy Resources (ASX: VMY) has announced an updated estimate for the Ambassador Resource, part of the company’s Mulga Rock uranium project (MRUP) near Kalgoorlie in Western Australia. The estimate has been based on an extensive in-fill drill program the company completed and announced earlier this year. According to Vimy the Ambassador resource […]

Cobre Montana and European Metals strike Cinovec HoA

THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has completed a second lithium carbonate test on material from European Metals (ASX: EMH) Cinovec lithium deposit in the Czech Republic. The two companies have declared the results to demonstrate the ability to produce a consistently high-grade lithium carbonate product from the project. Cobre Montana is managing the […]

Impact assays high grades of rare PGM elements at Broken Hill

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) has received assay results, which it claims have confirmed the presence of high-grade and potentially economic rare platinum group metals (PGM) on the company’s 87 per cent-owned Broken Hill Joint Venture project in New South Wales. The company said the results add to both the mineralised and economic […]

Kibaran Resources to raise $4.1M to advance Epanko

THE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) showed that money talks when projects walk the walk with the announcement it has received firm commitments to raise $4.1million through an equity placement. In addition, a Share Purchase Plan is to be offered to all eligible shareholders on the same terms as the Placement to raise $1 […]

Metallica confirms Direct Shipping Bauxite at Urquhart Point

THE BOURSE WHISPERER: Metallica Minerals (ASX: MLM) has received results from further analysis of Direct Shipping Bauxite (DS Bauxite) at the Company’s Urquhart Point bauxite project near Weipa on Queensland’s Cape York Peninsula. According to Metallica the results have demonstrated the ability of the project to produce high available alumina recovery. The results also returned […]

What the Analysts Say

WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Thunderlarra limited (ASX: THX) Recent drilling and geophysics by Thundelarra has reinforced the prospectivity of its key Doolgunna and Allamber projects. Drilling at the Red Bore area within Doolgunna has supported the Company’s exploration model, and confirmed the […]

Nickel – a welcome distraction

ROADHOUSE COMMENT: Are there any other commodities to talk about other than iron ore? As it turns out there are, and one likely to be turning a few heads in the not too distant future is nickel. At this year’s PDAC Convention in Toronto, Royal Nickel Corporation president & CEO Mark Selby presented his insights […]

Corazon Mining releases Resource for combined Lynn Lake nickel project

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) released a JORC 2012-compliant Resource Estimate for the company’s Lynn Lake nickel-copper project in Canada. The company said the new estimation combines and upgrades resources previously reported in both JORC 2004 and NI43-101 (Canadian) reporting standards, while incorporating new areas of mineralisation defined by the previous mining operation. […]