Entries by Wally Graham

News keeps flowing at Silver Lake

THE DRILL SERGEANT: ASX 300-listed gold producer Silver Lake Resources continues to receive pleasing assay results from ongoing exploration at its Mount Monger Operations located just outside of Kalgoorlie in Western Australia. The Mount Monger Operations have a current JORC resource of 4.73 million tonnes at 8.7 grams per tonne for 1.33 million ounces of […]

Canyon buys Burnikabe parcel

THE BOURSE WHISPERER: Burkina Faso-focused gold play Canyon Resources has entered into an agreement with a Burkinabe vendor to purchase two additional exploration permits contiguous to its Derosa project. The new permits, currently under application, represent an additional 385 square kilometres of exploration landholding. The acquisition will increase Canyon’s Derosa project area to over 1,389sqkm […]

Altura drilling confirms spodumene

THE DRILL SERGEANT: Diversified resources company Altura Mining has received drilling results from its Pilgangoora lithium project located 120 kilometres south of Port Hedland in the Pilbara region of Western Australia. In its ASX announcement the company said the latest results confirm the presence of spodumene mineralised pegmatites in the project’s previously untested N1 target […]

Alligator Energy signs earn in and JV agreement

THE BOURSE WHISPERER: Queensland-based uranium hopeful Alligator Energy has signed an exploration agreement with Cameco Australia to earn up to 90% of an exploration licence in the Alligator Rivers uranium province, in the Northern Territory. Alligator has signed the agreement through its wholly owned subsidiary Northern Prospector. Cameco is a wholly owned subsidiary of Cameco […]

Minemakers progresses Wonarah toward JV

THE BOURSE WHISPERER: Australian phosphate play Minemakers has engaged international phosphate and fertiliser consultancy KEMworks to lead an Enabling Study on the full scale development of its Wonarah project. The Wonarah project has JORC & NI43-101 Compliant Inferred Resources of 1,258 million tonnes at 12% phosphorous oxide. Senior managers from KEMworks have recently been on […]

Petrol pricing; the debate we really don’t need

According to reports being generated around the country a $25 per tonne price on carbon will result in a six cents per litre jump in the price of petrol. If this forecast is correct perhaps the folk who make these predictions could also tell us which weeks of the year, or which days of the […]

IMX achieves 500kt milestone

THE BOURSE WHISPERER: Australian junior iron ore play IMX Resources has reached a shipping milestone at its Cairn Hill mine located south east of Coober Pedy in South Australia. The loading of the Star of Abu Dhabi in Port Adelaide brought the total ore shipped to date by IMX Resources to 500,000 tonnes of ore […]

Matsa entertains prospective Chinese investment

THE BOURSE WHISPERER: Western Australia-based Matsa Resources is getting ready to entertain a couple of possible Chinese suitors at its 1.47 million ounce Norseman gold project located in the Eastern Goldfields region. Matsa has signed a non-binding terms sheet with Shandong Gold Mineral Resources Group Co. Ltd and has also received a separate letter of […]

Predictive drilling pays off

THE DRILL SERGEARNT: Burkina Faso-focused gold play Predictive Discovery recently completed a program of reconnaissance RC drilling at the Dave East prospect. The company has now completed approximately 5,300 metres of reverse circulation drilling on the Dave and Dave East prospects. The drilling identified a wide undrilled gold system approximately 1.5 kilometres along strike from […]

Midas increases maiden gold resource

THE DRILL SERGEANT: Perth-based gold exploration company Midas Resources has completed a maiden Mineral Resource estimate for the Prospero gold deposit at Sunset Well. The Prospero deposit is located ten kilometres north east of Leonora in the northern Goldfields region of Western Australia. The new Inferred Mineral Resource estimate for the Prospero deposit stands at […]