Entries by Wally Graham

Poseidon identifies new Lake Johnston mineralised zone

THE DRILL SERGEANT: Poseidon Nickel (ASX: POS) has received assays for 29 underground diamond drill holes undertaken at the company’s Lake Johnston project, prior to its acquisition. The company claims the latest results will increase the potential life of the mine and enhance the profitability of the intended restart. The drilling was carried out before […]

Toro Energy passes latest Wiluna milestone

THE BOURSE WHISPERER: Toro Energy (ASX: TOE) has ticked off another important box as it progresses development of the company’s wholly-owned Wiluna uranium project in Western Australia. Toro announced the Western Australian Environmental Protection Authority (EPA) has approved the Environmental Scoping Document (ESD) for the project extension. The EPA received 27 submissions following a two-week […]

Ramelius Resources locks in forward gold sales

THE BOURSE WHISPERER: Ramelius Resources (ASX: RMS) has sold forward 47,200 ounces of gold at an average price of $1,582 per ounce. The company explained the forward program represents approximately 40 per cent of its forecast production of the Mt Magnet operation in Western Australia over the next two years, and approximately 20 per cent […]

Immuron signs agreement to sell Travelan in China

THE ROADHOUSE PHARMACY: Immuron Limited (ASX: IMC) has entered into an agreement with Linker Holdings Limited, a Beijing company with offices in Hong Kong, for the sale of Travelan in the Peoples’ Republic of China, Hong Kong and Macau. Under the agreement, Linker will have the exclusive rights to market, distribute and sell Travelan as […]

Elixir completes Petra project seismic

THE ROADHOUSE BOWSER: Elixir Petroleum (ASX: EXR) announced the acquisition of a proprietary 2D seismic survey on the company’s Petra project, located in Washington County, Colorado USA. The company said approximately 35 kilometres of seismic acquisition was completed with no incidents, on time and within budget. Based on quality assurance undertaken during the shooting of […]

Rox Resources receives positive Scoping Study results

THE BOURSE WHISPERER: Rox Resources (ASX: RXL) has received the results of a Scoping Study undertaken on the company’s Fisher East nickel project, located north-east of Leinster in Western Australia. The company reported the Scoping Study has indicated the project appears to be financially robust. “To have progressed the project to the Scoping Study stage […]

Pioneer Resources completes raising, announces SPP

THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) has completed a capital raising of $500,004 to help fund ongoing field programs at the company’s exploration projects in Western Australia. The capital raising was via a placement of approximately 27.78 million fully paid ordinary new shares at an issue price of 1.8 cents per share, to professional […]

RIU Explorers to kick off 2015 Conference season in Fremantle

THE CONFERENCE CALLER: As far as investors are concerned nothing beats the opportunity of actually meeting the people in charge of the company that could be your potential investment vehicle. The RIU Explorers Conference in Fremantle is celebrating its 14th year of providing that opportunity of bringing mining company executives and investors together. The RIU […]

Talisman Mining encouraged by early results at Sinclair nickel mine

THE DRILL SERGEANT: Talisman Mining (ASX: TLM) has provided an update to recent activities carried out at the company’s Sinclair nickel project in Western Australia. The company has completed a series of detailed near-mine and regional exploration reviews, which it said has provided some encouraging results. Last year Talisman struck an agreement with major player […]