Entries by Wally Graham

Minotaur releases Muster Dam Resource

THE BOURSE WHISPERER: Minotaur Exploration has announced the maiden JORC Inferred Resource for its Muster Dam deposit. The Muster Dam deposit is one of a number of magnetite prospects Minotaur holds within the Mutooroo Magnetite project in South Australia.   Location of the Mutooroo Magnetite deposits in South Australia. Source: Company announcement   The new […]

Gold Anomaly announces PNG Resource

THE BOURSE WHISPERER: Gold Anomaly has completed a maiden resource estimate in accordance with JORC guidelines for its Nevera prospect, part of the company’s Crater Mountain gold project in Papua New Guinea. The Inferred Resource at Nevera comprises 24 million tonnes at 1.0 grams per tonne gold for 790,000 ounces of gold. “This maiden resource […]

MRRT gets over the line

So the mining tax, the MRRT, the Mineral Resources Rent Tax, has finally made its way past the finishing post of the chamber of the House of Representatives. The handicappers hadn’t been friendly to MRRT initially, which began the season a long way behind opening price favourite RSPT. RSPT, having been uprooted from the Henry […]

Santa delivers early for Integra

THE DRILL SERGEANT: Integra Mining said that recent RC drilling has provided further confirmation of the Santa trend’s potential for an open pit as well as underground production for the Randalls gold project in Western Australia. Additional diamond drilling undertaken at the Cock-eyed Bob prospect has also maintained its delivery of strong results. Results from […]

Western Desert rings Bing Bong bell

THE BOURSE WHISPERER: Western Desert Resources has signed a Memorandum of Understanding with Xstrata Zinc to investigate the feasibility of gaining access to the latter’s McArthur River mine loading facility at Bing Bong on the Gulf of Carpentaria. The ability to access the Bing Bong facility would accelerate Western Desert’s plans to ship iron ore […]

Potash West increases domestic portfolio

THE BOURSE WHISPERER: Potash West has entered into an agreement with Ochre Resources, a wholly-owned subsidiary of Heron Resources. The agreement will allow Potash West to earn a 70 per cent interest in the Langley project, which the company describes as, “A large, potentially glauconite rich, project in Western Australia’s north west”.   Langey project […]

Monax sweeps up Chilean iron sands

THE BOURSE WHISPERER: Monax Mining has signed an option agreement over an iron sands project in Chile, South America. Under the terms of the agreement, Monax will have 90 days to carry out due diligence on the Huentelauquen iron sand project.   Location of Huentelauquen iron sand project, Chile. Source: Company announcement During this period, […]

Phoenix Gold increases Resources

THE DRILL SERGEANT: Kalgoorlie-based Phoenix Gold has increased its total Mineral Resources to 29.6 million tonnes at 1.8 grams per tonne gold for 1.68 million ounces of gold. This represents an increase of 72 per cent to the resources when Phoenix released its Prospectus for its Initial Public Offering and an increase of 182 per […]

Robust drilling develops Batu Hitam understanding

THE DRILL SERGEANT: Robust Resources has received a string of positive assay results from 21 diamond drill holes from its Batu Hitam prospect area, where the company claims over 90 per cent of holes intersected potentially economic mineralised rock. The company said the exploration drilling program has been useful in expanding its knowledge of the […]

Northern Minerals confirms Browns Range HREE

THE BOURSE WHISPERER: Northern Minerals has received final assay results from a Heavy Rare Earth Element (HREE) drilling program carried out at Browns Range, located in northern Western Australia. The company said besides confirming HREE mineralisation at the first four targets at Browns Range, the drilling has returned the highest grades of HREE received to […]