Entries by Wally Graham

YTC names Nymagee maiden

THE BOURSE WHISPERER: YTC Resources has announced a maiden JORC-compliant Mineral Resource Estimate for its 90 per cent-owned Nymagee deposit. The Nymagee deposit forms part of the company’s Hera-Nymagee project, located within the Cobar Basin in central New South Wales. The estimate represents the first resource estimate for Nymagee since the company initially discovered high-grade […]

APA to expand Pilbara gas pipeline

THE BOURSE WHISPERER: Australian natural gas infrastructure company APA Group is set to expand the capacity of the Goldfields Gas Pipeline. The expansion is anticipated to meet new demand for gas in the ever-growing Pilbara mining sector.   Location of Goldfields Gas Pipeline expansion. Source: Company announcement   The expansion is supported by a new […]

Predictive achieves anticipated results

THE DRILL SERGEANT: RC and power auger drilling carried out by Predictive Discovery has revealed extensions to the Solna gold mineralised system on the company’s Bangaba gold project, located in eastern Burkina Faso. The Solna prospect is one of three major areas of artisanal workings in the Bangaba project and covers a 600 metre long […]

Ausgold receives timely results

THE DRILL SERGEANT: Ausgold received a pleasant stocking-stuffer in the form of assay results from a RC drilling program undertaken at its Yamarna project, located in central Western Australia. Two holes carried out at the company’s Winchester copper-nickel discovery returned significant copper, nickel and cobalt intervals, reported as copper equivalent values:   –    21 metres […]

Aguia signs JV with Vicenza

THE BOURSE WHISPERER: Potash and phosphate exploration and development company Aguia Resources has signed a Joint Venture agreement with Vicenza Mineracao e Participacoes S.A. over the company’s Mata da Corda phosphate projects (MCPP) located in the state of Minas Gerais in Brazil. Under the terms of the agreement Vicenza now has an exclusive option to […]

BC Iron meets production guidelines

THE BOURSE WHISPERER: Australian iron ore producer BC Iron, along with its 50:50 Nullagine Iron Ore Joint Venture (NJV) partner Fortescue Metals Group has hit achieved a significant milestone this month by exporting over one million tonnes of ore during the first half of the current financial year. The NJV has dispatched a further two […]

Thor encouraged by Spring Hill drilling

THE DRILL SERGEANT: Thor Mining has announced results from diamond drilling carried out at the company’s Spring Hill gold project in the Northern Territory. The company said the drilling had demonstrated potentially economic mineralisation extending up to 100 metres below historical resource drilling. The company also said it had achieved a good correlation between diamond […]

Coppermoly celebrates early Christmas

THE DRILL SERGEANT: The festive season kicked off early for copper-gold-focused exploration company Coppermoly with the first ever diamond drillhole sunk into the company’s Nakru-4 prospect in Papua New Guinea. The hole intersected 22 metres grading 0.21 grams per tonne gold and 0.15 per cent copper from 9 metres depth. This included a one metre […]

Select needles way into Tanzania

THE BOURSE WHISPERER: Oddly-named Select Vaccines has signed a binding Heads of Agreement with Mauritius-based explorer Indigo Metals to acquire 100 per cent of the issued capital of two wholly owned Mauritian entities and their subsidiaries. Select will acquire 100 per cent of the issued capital of Panama Resources and Shira Resources and their two […]

Ironbark shareholders okay Glencore deal

THE BOURSE WHISPERER: Shareholders of Greenland-focused Ironbark Zinc have approved a US$50 million convertible note funding facility and offtake facility with a wholly-owned subsidiary of Glencore International AG. Ironbark said the transaction is an exciting progression in the development of the company in that it complements the work Ironbark is undertaking to advance its Citronen […]