Entries by Wally Graham

Cassini continues run of results with Nebo drilling

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has released further high-grade drilling results from an ongoing infill drilling program being carried out at the Nebo deposit within the company’s 100 per cent-owned West Musgrave project, located in Western Australia. The company has received results from another 21 holes from Nebo, which include: CZC0036 12 metres […]

MacPhersons drilling indicates Nimbus Resource-Reserve update

THE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) announced that recent drilling at the company’s Nimbus silver-zinc-gold project near Kalgoorlie has established continuity of gold mineralisation between a series of planned open pits. The company said this could lead to an increase in resources and reserves for the project. Having completed drilling of the gold zone […]

Empire JV granted Red Gully production licences

THE ROADHOUSE BOWSER: Empire Oil & Gas (ASX: EGO), operator of the EP 389 Joint Venture (EGO 76.39%, ERM Power (ASX: EPW) 23.61%), announced the JV has been granted Petroleum Production Licences L 18 & L 19 by the Western Australia Department of Minerals and Petroleum. The licences are over two exploration blocks, which cover […]

New Standard Energy upgrades Eagle Ford to 2P value

THE ROADHOUSE BOWSER: New Standard Energy Limited (ASX: NSE) released results from an independent reserves report on the company’s Eagle Ford acreage, which it claims has increased its Proved plus Probable (2P) reserves by 83 per cent, to 4.89 million barrels of oil equivalent (BOE), creating a 2P PV10 value of $72.3 million for its […]

Investigator drilling reveals new silver systems near Paris

THE DRILL SERGEANT: Investigator Resources (ASX: IVR) announced results for 50 of the 60 holes it has drilled as the final part of recent scout drilling carried out within the company’s 100 per cent- owned Peterlumbo tenement. The prospects drilled range from immediate extensions within a three kilometre radius of the 20 million ounce silver […]

Alchemia Phase III trial misses the mark

THE ROADHOUSE PHARMACY: Alchemia Limited (ASX: ACL) announced its pivotal Phase III trial of HA-Irinotecan in the treatment of patients with metastatic colorectal cancer (mCRC) did not meet its primary endpoint of statistically significant improvement in progression-free survival (PFS). The Phase III trial enrolled 415 patients across 76 clinical centers worldwide as a randomised, double-blinded, […]

CSL to acquire Novartis influenza vaccine business

THE ROADHOUSE PHARMACY: CSL Limited (ASX: CSL) has agreed to acquire Novartis’ global influenza vaccine business for US$275 million. The business will be combined with CSL’s subsidiary, bioCSL. The company claims combining bioCSL’s existing influenza vaccine operations with the Novartis business will create the number two global player in the US$4 billion global influenza vaccine […]

Gold Road finds more gold targets

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has identified two further gold trends hosting six gold anomalies located on the Pacific Dunes‐Corkwood Gold Camp Scale Target in the north of the company’s Yamarna tenement package in Western Australia. Gold Road said the new targets, which have a combined strike length in excess of 25 […]

Rox increases Teena strike length

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has received assay results from an ongoing core drilling program being undertaken at the Teena zinc prospect. The Teena prospect is part of the company’s Reward project, located in the Northern Territory.   Reward project tenement plan showing prospect locations. Source: Company announcement   Rox claimed assay results […]

Krucible hits visible copper at Tobermorey

THE DRILL SERGEANT: Krucible Metals (ASX: KRB) has announced the most recent drill hole it has completed at Tobermorey (EL28170) intersected two separate zones of visible malachite and chalcopyrite in a quartz vein host. The tenement is situated just on the Queensland border in the Northern Territory and is located 60 kilometres west of the […]