Entries by Wally Graham

Cobre Montana metallurgy contributes to Cinovec Resource upgrade

THE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has claimed its metallurgical processing technique has been a major contributor to a recent Resource upgrade at the Cinovec tin-lithium project in the Czech Republic. Cobre said the test processing methods it had employed on the combined tin-lithium project contributed to a major upgrade of the project’s resource […]

Orthocell breaks into Asia market via Hong Kong

THE ROADHOUSE PHARMACY: Orthocell (ASX: OCC) has expanded its presence in Asia with treatment of the first patients in Hong Kong with the company’s tendon repair therapy. The two patients recently underwent the Ortho-ATI therapy last Friday, performed by Hong Kong orthopaedic surgeon Jason Brockwell from sports orthopaedic group Asia Medical Specialists. Orthocell said the […]

PharmAust pleased with progression of PPL-1 trial

THE ROADHOUSE PHARMACY: PharmAust (ASX: PAA) reported that preliminary analysis of white blood cells from four patients receiving PPL-1 at the Royal Adelaide Hospital (RAH) has shown a meaningful reduction of a key target of PPL-1, which is expressed in the cancer. The primary objective of PharmAust’s ‘First in Man’ trial is to demonstrate safety […]

Genesis Minerals confirms Viking Mineralisation

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) has received results of a drill program completed at the company’s Viking gold project in Western Australia in December 2014. The sixteen-hole RC program targeted the Beaker 2 and Beaker 4 gold zones, which form part of the Beaker gold prospect. At Beaker 2 eleven RC holes were […]

Musgrave Minerals granted Mamba Exploration licence

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has been granted the Exploration Licence (E28/2405) within the company’s wholly-owned Mamba project in the Fraser Range. The Mamba nickel-copper project is located in the same belt as the Nova-Bollinger nickel-copper sulphide discoveries of Sirius Resources (ASX: SIR) in south-eastern Western Australia.   Mamba project location. Source: Company […]

Phoenix Gold raises $5M in Share Placement

THE BOURSE WHISPERER: Phoenix Gold (ASX: PXG) has provided some optimism to the smaller end of town with the completion of a Placement of 50 million shares at 10 cents per share to raise $5 million. Any raising, let alone one for $5 million, has been a difficult task for some of the company’s contemporaries […]

What the Analysts Say

WHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.hartleys.com.au Company: Altona Mining (ASX: AOH) Turkey Creek adds to the appeal of Little Eva Altona Mining Limited recently announced further extensional RC drilling results at the Turkey Creek discovery located approx. 1.5 kilometres east of the proposed Little Eva […]

Hi Ho, Hi Ho, it’s off to work we go

THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Decline development and refurbishment at Gorno zinc project Energia Minerals (ASX: EMX) has commenced rehabilitation work to access the previously unmined Colonna Zorzone deposit at the company’s 100 […]

Regal Resources increases Kalongwe Resource by 75 per cent

THE DRILL SERGEANT: Regal Resources (ASX: RER) has released an upgrade to the Mineral Resource estimate, for the Kalongwe deposit, in the Democratic Republic of Congo. The new Measured, Indicated and Inferred Mineral Resource totals: 11.17 million tonnes at 2.7 per cent copper (0.5% Cu cut off), including 29.700 tonnes copper; and 2.29 million tonnes […]

Zenith upgrades Develin Creek Resource

THE DRILL SERGEANT: Zenith Minerals (ASX: ZNC) has reported an updated mineral resource estimate for the Develin Creek copper-zinc-gold-silver project, located in Queensland. Zenith currently owns 51 per cent of the deposits and has a right to acquire 100 per cent from Fitzroy Resources (ASX: FRY). The new Inferred Mineral Resource (JORC 2012) stands at: […]