Entries by Wally Graham

MOD hits Botswana high-grade

THE DRILL SERGEANT: MOD Resources has identified a new zone of copper-silver mineralisation at its 100 per cent-owned Botswana copper project in north-western Botswana, Africa. Drilling at the project has returned grades of up to 3.87 per cent copper and 106.0 grams per tonne silver. The initial results from MOD’s maiden drilling program are from […]

Northwest Millennium strike gold JV

THE BOURSE WHISPERER: Nullagine goldfields neighbours Northwest Resources and Millennium Minerals have signed a non-binding heads of agreement for a 50:50 joint venture. The new JV will result in ore from Northwest’s Camel Creek Trend gold deposits being mined and processed by Millennium. Northwest and Millennium are both developing gold projects in the Nullagine goldfield […]

Phoenix Gold inks second mill deal

THE BOURSE WHISPERER: Phoenix Gold has executed a Toll Treatment Campaign Agreement with FMR Investments for the treatment of a parcel of Phoenix ore. The ore will be processed through the latter’s one million tonne per annum Greenfields processing facility located near Coolgardie in Western Australia. The Greenfields mill is a private toll treatment facility […]

Cougar Energy sues Queensland Government

Cougar Energy has commenced legal proceedings against the Queensland Government and three Queensland Government officials. The Coal Seam Gas producer is seeking more than $34 million in compensation over the government’s decision to halt the company’s development of its power plant project at Kingaroy in the State’s south east. Cougar is suing previous Department of […]

Encouraging results from Flying Fox and Spotted Quoll

THE DRILL SERGEANT: Western Areas has received some positive results from recent drilling carried out below the Flying Fox and Spotted Quoll mines and across a range of other projects. “It is encouraging to see positive results from below our currently operating mines at Flying Fox and Spotted Quoll, and also from three other projects […]

Augur hits gold and copper in Java

THE DRILL SERGEANT: Augur Resources has received the results of the latest two diamond drill holes carried out at the Randu Kuning prospect, located on the company’s Wonogiri project in Central Java. The first of the holes was drilled to test for further mineralisation to the north of the current known mineralisation at Randu Kuning. […]

Midas has gold tenement granted

THE BOURSE WHISPERER: Midas Resources has had its E40/295 tenement, located in the Leonora area of Western Australia’s northern goldfields gazetted as granted. Midas said the tenement comprises 48 graticular blocks and is a key tenement in the formation of the company’s Leonora gold project situated between Leonora and Kookynie, approximately 200 kilometres north of […]

Matilda gains Shire approval for Keysbrook

THE BOURSE WHISPERER: Matilda Zircon has had its Keysbrook zircon and leucoxene project located 70 kilometres from Perth in the south-west region of Western Australia approved by two local Shires. Special meetings held by the Councils of the Shire of Murray and the Shire of Serpentine Jarrahdale in October both approved the project subject to […]

Luiri Gold Zambian mining licence reinstated

THE BOURSE WHSIPERER: Emerging African gold developer Luiri Gold has had its Large Scale Mining License LML 48 reinstated by the Zambian Ministry of Mines and Mineral Development. LML 48 contains the Matala and Dunrobin gold deposits in the company’s Luiri Hill deposit. Luiri Gold is now able to immediately recommence full-scale exploration and development […]

Atlantic strikes more Nova Scotia gold

THE DRILL SERGEANT: Australian gold exploration and development company Atlantic Gold has identified a third zone of geochemically anomalous gold in bedrock during a regional exploration drilling program over the Meguma Terrane, in Nova Scotia in eastern Canada. Atlantic has identified the new gold zone at Caduesky Lake in the western part of Nova Scotia. […]