Entries by Wally Graham

Chesser hits high grades outside Kestanelik Resource area

THE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has received the third batch of results from a sawcut sampling program being carried out at the company’s Kestanelik gold project in north-western Turkey. The company said the sampling program is being undertaken with the aim to further define the distribution of near surface high-grade gold mineralisation on […]

Virax signs licence option with Moffitt Center

THE ROADHOUSE PHARMACY: Virax Holdings (ASX: VHL) has entered into an Option Agreement with the Moffitt Cancer Center and Research Institute in Tampa, Florida to license novel technology which allows for the selection of breast and other cancer patients that are likely to respond to Virax’s GGTI-2418. GGTI-2418 works in conjunction with p27, which in […]

Gold Road grinds out higher recoveries at Gruyere

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has received results of additional metallurgical testwork the company had conducted in response to recommendations made in a metallurgical report released in February.   Gruyere plan projection illustrating location of RC holes sampled for Metallurgical testing composites. Source: Company announcement   The latest metallurgical testing has used […]

MacPhersons encounters new extensions at Nimbus

THE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) has completed a program of diamond drilling at the company’s 100 per cent-owned Nimbus-Boorara silver-gold-zinc project located east of Kalgoorlie. According to the company the drilling encountered a number of intersections of silver-zinc rich massive and stringer sulphide, and vein zones. The Nimbus diamond drilling program was conducted […]

Andrew Forrest part of EMA $36.5M injection

THE BOURSE WHISPERER: Energy and Minerals Australia (ASX: EMA) has strengthened its finances following a capital raising deal with Andrew Forrest and restructure of the company’s balance sheet. EMA has entered into a binding term sheet with Forrest Family Investments Pty Ltd, an Andrew Forrest entity within the Minderoo Group, to raise $12 million by […]

This Week in The Roadhouse Pharmacy

THE ROADHOUSE PHARMACY: There’s a great deal of interest in the Bio-tech sector at the moment, so we have opened our own Pharmacy to keep our readers up to speed. SomnoMed open for business in Finland SomnoMed (ASX: SOM) has announced the commencement of operations in Finland. READ MORE… Admeus enjoys CardioCel six year celebration […]

What the Brokers Say

WHAT THE BROKERS SAY: Interesting news and views from across the Resource Analyst universe. www.breakawayresearch.com King Island Scheelite (ASX: KIS) King Island Scheelite is looking to fast track its King Island Scheelite project, with an aim to commence production possibly as soon as early 2016. This historical high-grade producer still has significant open cut and […]

Admedus enjoys CardioCel six year celebration

THE ROADHOUSE PHARMACY: Admedus (ASX: AHZ) announced that six years post implantation CardioCel® continues to show no level of calcification or any other issues. The company said the first patient from the Phase II study has had their six year follow up with results demonstrating there is still no detectable calcification of CardioCel® with no […]

SomnoMed open for business in Finland

THE ROADHOUSE PHARMACY: SomnoMed (ASX: SOM) has announced the commencement of operations in Finland. The company regards Finland as last remaining market in Scandinavia after developing its market position in Sweden over the last five years and taking a leadership position in the custom made quality oral appliance market, SomnoMed entered Norway one year ago […]

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. Drilling commences at Ndongo West Cardinal Resources (ASX: CDV) has had a Gradient Array Induced Polarisation (GAIP) survey completed over the Ndongo West area of the company’s Ndongo […]