Entries by Wally Graham

Graphite: The market’s new favourite

THE BOURSE WHISPERER: Graphite, it seems, is the ‘new market darling’ of the resources sector. During a recent day of trading in the boards of the Australian Securities Exchange (ASX) graphite was the key word on a number of company releases. Lamboo Resources (ASX: LMB) proclaimed: “Significant Thick Flake Graphite Intersections From Phase 2 Drilling […]

Gold Road receives final Gruyere drill out numbers

THE DRILL SERGEANT: It will be interesting to see what Gold Road Resources (ASX: GOR) has to say in its presentation slot at Diggers & Dealers next week. The company has received the remaining gold assays from resource definition drilling on the Gruyere deposit. Gold Road said it is compiling the final assay information in […]

Rox encounters more high-grades at Musket

THE DRILL SERGEANT: It’s probably fair to say representatives of Rox Resources (ASX: RXL) will have a spring in their collective step at Diggers & Dealers next week. The company has announced an encounter with further massive high-grade nickel sulphide intersections from recent Reverse Circulation (RC) drilling carried out at the Musket prospect. Musket forms […]

Musgrave wins Fraser Range tenement ballot

THE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) will be another company keen to deliver its presentation at Diggers & Dealers next week. The company has won first prize in a ballot for Fraser Range tenement EL 28/2405 in Western Australia, now named the Mamba project.   Location of Musgrave’s new Mamba project in the Fraser […]

Northern Star increases Jundee Estimate by 68 per cent

THE BOURSE WHISPERER: Northern Star Resources (ASX: NST) is gearing up for a big time at the annual Diggers & Dealers conference next week after declaring it anticipates increasing the mine life at its Jundee gold mine in Western Australia. The rise in the company’s expectations stem from an increase to the project’s total JORC […]

West African pleased with Mankarga 5 Scoping Study

THE BOURSE WHISPERER: West African Resources (ASX: WAF) has received the results of a Scoping Study of a heap leach starter project on the company’s Mankarga 5 project, located in Burkina Faso. The scoping study was based on annual throughput of 1.6 million tonnes per annum, which the company explained was in line with the […]

Trafford set to acquire Colombian gold-silver-copper project

THE BOURSE WHISPERER: Trafford Resources (TRF: ASX) has entered an option agreement to acquire the Rancheria project, located in the Caribbean coastal state of La Guajira in Colombia, South America. As well as the Rancheria project, Trafford, in conjunction with its local partners, has applied for a further nine concessions, located in what the company […]

Kibaran encouraged by final Epanko results

THE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has received further encouragement from the final batch of assay results from recent Reverse Circulation (RC) drilling at the company’s Epanko deposit within the Mahenge graphite project in Tanzania. The company reported all the latest drill holes have intersected high-grade, premium large flake graphite mineralisation, with the majority […]

Cleveland and Orinoco strike Brazilian agreement

THE BOURSE WHISPERER: Cleveland Mining Company (ASX: CDG) has signed a Mining Heads of Agreement with fellow Brazil-focused gold company Orinoco Gold (ASX: OGX). Under the arrangement, Cleveland will assist Orinoco in mining, extracting, processing and selling gold ore from Orinoco’s 70 per cent-owned Cascavel project, with the material to be transported and processed at […]

MRG expands Queensland copper portfolio

THE BOURSE WHISPERER: MRG Metals (ASX: MRQ) has expanded its portfolio of Queensland copper exploration tenements. The company has been granted the two remaining licence applications EPM19470 and EPM19471 within the Mount Isa block in Queensland.   MRG Queensland IOCG projects. Source: Company announcement   The company said the two blocks, plus its current licence […]