Entries by Wally Graham

Musgrave identifies Corunna silver-lead-zinc targets

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has identified four new high-priority silver-lead-zinc epithermal targets from a review of historical soil sampling on the company’s wholly-owned Corunna project. The company was granted the Corunna project (tenement EL5497) earlier this month, which is located in the epithermal porphyry province of the Southern Gawler Craton.   Location […]

White Cliff extends Aucu gold mineralisation

THE DRILL SERGEANT: White Cliff Minerals (ASX: WCN) has reported the identification of further high-grade gold mineralisation at the Aucu prospect, located within the company’s Chanach project in the Kyrgyz Republic. The company has received assays from the latest two drill holes, which it claims to have outlined gold mineralisation along strike from previously reported […]

Silver Lake to sell Lakewood for $5.5M

THE BOURSE WHISPERER: Silver Lake Resources (ASX: SLR) is to boost its coffers with the sale of the Lakewood Mill. Proving there are less shareholder dilutive ways to raise cash than rattling a tin outside the ASX, the company has entered into a binding heads of agreement with a private consortium for the outright sale […]

PharmAust human drug trial advancing to second patient

THE ROADHOUSE PHARMACY: PharmAust Limited (ASX: PAA) is moving towards the treatment of the second patient in its ‘First in Man’ trial with the company’s anti-cancer drug PPL-1. Following the approval of the study by the Royal Adelaide Hospital Research Ethics Committee in April, PharmAust commenced recruitment and treatment of the first patient with PPL-1. […]

Triton claims world’s largest graphite-vanadium deposit

THE DRILL SERGEANT: Triton Minerals (ASX: TON) has released the maiden JORC 2012-compliant Mineral Resource estimate for the Nicanda Hill graphite deposit at the company’s Balama North project in Mozambique. The Nicanda Hill maiden Mineral Resource has come in at 1.457 billion tonnes at 10.7 per cent total grapitic carbon (TGC) and 0.27 per cent […]

Core hits more silver at Inkheart

THE DRILL SERGEANT: Core Exploration (ASX: CXO) has been impressed by the initial silver and lead results it has received from the first batch of assays from a recent reverse circulation (RC) drilling campaign at the company’s Inkheart prospect in the Northern Territory. Core said the drilling has encountered silver and lead intersections with values […]

Flinders increases Blackjack deposit Mineral Resource

THE DRILL SERGEANT: Flinders Mines (ASX: FMS) has announced an update to the Mineral Resource at the Blackjack deposit at the company’s wholly-owned Pilbara Iron Ore Project (PIOP) in the Pilbara region of Western Australia. The update has resulted from a program of infill drilling program undertaken by Flinders at the PIOP this year, which […]

Browns Range given environmental thumbs-up

THE BOURSE WHISPERER: Northern Minerals (ASX: NTU) has been granted environmental approval by the Western Australian Government for the proposed mine and ore processing facility at the company’s 100 per cent-owned Browns Range heavy rare earths project. The company said the granting of environmental approval paves the way for the development of the project, which […]

Pryme reaches total depth of first Capitola well

THE ROADHOUSE BOWSER: Pryme Energy (ASX: PYM) announced the first well to be drilled in the company’s Capitola oil project, the Mahaffey Bishop PU 1 in the Sweetwater, acreage block in Texas, has reached its total depth of 6,090 feet (1,856 metres). The company said mud log data collected while drilling, and electric logs run […]