Entries by Wally Graham

Deep Yellow drills uranium

THE DRILL SERGEANT: The wholly owned subsidiary company of uranium explorer Deep Yellow has received chemical assay results from its ongoing drilling program at the Ongolo Alaskite deposit and its satellite MS7 in Namibia. Deep Yellow said the results achieved by Reptile Uranium Namibia had confirmed additional high-grade intercepts. “In just over a month we […]

Discovery discovers copper‐silver Mango

THE DRILL SERGEANT: Botswana-focused Discovery Metals has reported some encouraging results from recent exploration activity at its recently discovered Mango prospect. Mango is situated within the company’s 100% owned Prospecting Licences located in the Kalahari Copper belt in north‐west Botswana. The Mango prospect is located in the Boseto Zone and sits less than 25 kilometres […]

Globe spins out Mozambique drill results

THE DRILL SERGEANT: Africa-focused resource company Globe Metals & Mining has received the first batch of analytical results from a recently-completed Main Fluorite – Rare Earth Element (REE) Zone drilling program at the company’s Mount Muambe project in Mozambique. Results for the initial eight reverse circulation drill holes from the Main fluorite prospect have demonstrated […]

IOH dances with Rio

THE BOURSE WHISPERER: Iron Ore Holdings Limited has sold off its Koodaideri South tenement located in the Pilbara region of Western Australia. The buyer was none other than Rio Tinto 100% owned subsidiary Hamersley Iron. The price paid by Red Dog’s parents was $32 million cash plus a two per cent Free On Board royalty […]

ActivEx granted Selwyn EPM

THE BOURSE WHISPERER: Brisbane-based exploration play ActivEX has been granted a new exploration permit by the Queensland Government. The new permit, EPM 18073, is an area of 211 square kilometres located in the Selwyn district, 75 kilometres south of Cloncurry and 15 kilometres south-east of the company’s Florence copper-gold-cobalt project area. “This EPM has taken […]

Castlemaine pours first Ballarat gold

THE BOURSE WHISPERER: Castlemaine Goldfields has achieved its first gold pour during the re-commissioning of the Ballarat gold project in Victoria. The golden baby resulting from the pour weighed in at 8,517 grams (260 ounces of gold) and was a composite of gold recovered from the gravity circuit. Castlemaine is currently re-commissioning the sulphide leach […]

Northern Star to boost production

THE BOURSE WHISPERER: West Australian-focused gold producer Northern Star Resources is set to increase annual production from 75,000 ounces per annum to 200,000 ounces per annum. The increase will take place over two stages and comes as a result of a decision by the company to upgrade the plant at its Paulsens gold mine and […]

Anglo American farms-in to Earaheedy JV

THE BOURSE WHISPERER: The Earaheedy Joint Venture between Cazaly Resources and Vector Resources has signed a farm-in agreement with global diversified mining house Anglo American. The farm-in agreement will cover part of Joint Venture’s Earaheedy iron project located in the Wiluna region of Western Australia. “The dimensional extents and quality of the Earaheedy project will […]

Carnegie Wave rolls onto Reunion Island

THE BOURSE WHISPERER: Wave energy developer Carnegie Wave Energy has delivered its next generation commercial scale CETO unit (CETO 4) to its deployment location on Reunion Island with the help of French marine defence contractor DCNS. The unit will now be subjected to pre-deployment testing similar to the CETO 3 pre-deployment testing undertaken by Carnegie […]

Magnum to acquire Brazilian project

THE BOURSE WHISPERER: Perth-based Magnum Mining and Exploration has entered into an option and exclusivity agreement to acquire an iron ore project in Minais Gerais, Brazil. OCRA Trustees (Seychelles) Limited as trustee of Global Trust has granted Magnum an irrevocable exclusive option to acquire all of the fully paid issued shares in Irongates (Aust) (IAPL). […]