Entries by Wally Graham

Stonehenge divests Tassie assets

THE BOURSE WHISPERER: Perth-based South Korea-focused exploration play Stonehenge Metals has reached an agreement with fellow Western Australian ASX-listed RMG Limited. The agreement will result in Stonehenge selling off two of its non-core tenements in Tasmania. Under the terms of the agreement RMG will purchase 100 per cent of the two tenements in question, which […]

Korab gets Geolsec okay

THE BOURSE WHISPERER: Korab Resources has received authorisation from the Northern Territory Department of Resources to conduct mining activities. The company applied to the department under the Mining Management Act with respect to activities at several of its Rum Jungle leases including a mineral lease containing the Geolsec phosphate deposit. The Geolsec phosphate deposit is […]

Brighton begins Cambodia exploration

THE BOURSE WHISPERER: Brighton Mining Group is about to kick off a program of intensive exploration work at the company’s Antrong project in Cambodia. The work programs are starting later than the company had scheduled due to them having been delayed by a longer than usual wet season and unprecedented flooding in the regional parts […]

MacPhersons adds tenements

THE BOURSE WHISPERER: MacPhersons Reward Gold has entered binding agreements to acquire 40 square kilometres of additional tenements situated around and between the company’s recently acquired Nimbus and Boorara tenements. The agreements are with four neighbouring tenement holders that will result in the acquisition of various tenements situated adjacent to the Nimbus silver-gold-zinc mine site, […]

Iron Road upgrades Central Eyre Resource

THE BOURSE WHISPERER: Iron Road has announced resource upgrade at the company’s 100 per cent-owned Central Eyre iron project (CEIP) in South Australia. Iron Road has increased the Mineral Resources at CEIP from 1.33 billion tonnes to 2.10 billion tonnes, with 1.11 billion tonnes in the Indicated category. The upgrade comes as part of an […]

Shaw River encouraged by Otjozondu drilling

THE DRILL SERGEANT: Shaw River Manganese has bounced back from recent courtroom activities to report some encouraging results from the first batch of assays from a recently completed RC and diamond drilling program at its 75.5 per cent-owned Otjozondu manganese project in Namibia.   Location Otjozondu project, Namibia. Source: Company announcement   The company said […]

Australian Mines completes Mt Martin sale

THE BOURSE WHISPERER: Australian Mines has completed divestment of the Mt Martin tenements receiving the initial payments totalling $2.5 million. The tenements are being transferred from Australian Mines to HBJ Minerals, a wholly-owned subsidiary of dual-listed (ASX and TSX) Alacer Gold. Under the agreement HBJ is to pay a second instalment of $2.5 million on […]

Corazon upgrades EL target

THE BOURSE WHISPERER: Corazon Mining has upgraded the Exploration Target for the EL Deposit at the company’s Lynn Lake nickel sulphide project in Canada. “The delineation of this target represents a significant step forward for Corazon,” Corazon Mining managing director Brett Smith said in the company’s announcement to the Australian Securities Exchange. “It will allow […]

Intrepid expands Tujuh Bukit Resource

THE DRILL SERGEANT: Intrepid Mines has expanded the Inferred Resource estimate at its Tujuh Bukit copper-gold project in Indonesia. The increase resulted from assay results the company recently received from a drilling program the company completed throughout the last six months around the known porphyry copper-gold zone of the Tumpangpitu area of the Tujuh Bukit […]

Beacon sells Barlee to Ramelius

THE BOURSE WHISPERER: Ramelius Resources has agreed to the purchase of 80 per cent of a mining lease from Beacon Minerals. The minnig lease in question contains the Barlee gold project, located 200 kilometres north of Southern Cross in Western Australia.   Plan showing location of Lake Barlee Project and the Ramelius processing plants. Source: […]