Entries by Wally Graham

Mithril Resources identifies new gold targets

THE DRILL SERGEANT: Mithril Resources (ASX: MTH) recently completed a round of auger geochemical sampling at the company’s West Kambalda project, located approximately 30 kilometres west of Kambalda in Western Australia. The company said the sampling had been successful in delineating new gold targets, which it considers to reinforce the prospectivity of the project area. […]

Mining Group encounters high-grade copper and gold

THE DRILL SERGEANT: Mining Group (ASX: MNE) has taken delivery of results from the first four holes drilled on the Descubridora vein at the company’s El Roble copper project in Chile. According to Mining Group three of the four holes drilled intersected high-grade copper and gold mineralisation associated with silver, molybdenum, cobalt and iron.   […]

IMX Resources claims new nickel zone discovery

THE DRILL SERGEANT: IMX Resources (ASX: IXR) has received the latest drilling results from the company’s Ntaka Hill nickel sulphide project in south-eastern Tanzania. IMX claims the results have confirmed the discovery of a new zone of nickel sulphide mineralisation immediately adjacent to the current resources. The new zone, referred to as “P Zone”, lies […]

Impact Minerals receives more good news from Mulga Tank

THE DRILL SERGEANT: Impact Minerals (ASX: IPT) continues to enjoy an early Christmas delivered by results from an on-going maiden drill program being conducted at the company’s Mulga Tank project JV near Kalgoorlie in Western Australia. The drilling has now identified three mineralised zones, Impact said extend for at least 300 metres of strike along […]

MGT Resources completes Summer Hills Phase Three drilling

THE DRILL SERGEANT: MGT Resources (ASX: MGS) has received results from Phase Three of its 2013 Summer Hills drilling program. Summer Hills is the main tenement on the company’s Mt Garnet tin project in Queensland. MGT said the drilling program was carried out to expand and upgrade tin resources at Summer Hills in order to […]

Kogi Iron increases Agbaja iron Resource

THE DRILL SERGEANT: Kogi Iron (ASX: KFE) has increased the estimated Mineral Resources for the company’s 100 per cent-owned Agbaja iron ore project located in Kogi State, Republic of Nigeria, West Africa. Kogi has increased the global Mineral Resource for the Agbaja project 20 per cent from the previous estimate of 488 million tonnes to […]

Mount Gibson to acquire Shine iron ore project

THE BOURSE WHISPERER: Mount Gibson Iron (ASX: MGX) is to acquire the Shine hematite iron project from Gindalbie Metals (ASX: GBG). The Shine project is located approximately 250 kilometres east of Geraldton in the Mid West region of Western Australia, some 85km north-north west of Mount Gibson’s Extension Hill iron ore mine, and around 200km […]

Musgrave Minerals encounters massive sulphides at Pallatu

THE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) has intersected massive and disseminated nickel-copper sulphide while conducting recent diamond drilling at the Pallatu target on the company’s Deering Hills project in the far north-west of South Australia. Musgrave Minerals holds a 100 per cent interest in licence EL5317 that hosts the newly-discovered nickel-copper sulphide mineralisation.   […]

Cassini Resources picks up new WA base metals project

THE BOURSE WHISPERER: Cassini Resources (ASX: CZI) has executed a Share Sale agreement, which will result in it taking up to 75 per cent of Crossbow Resources. The attraction is Crossbow Resources 100 per cent interest in the West Arunta project (X17) in Western Australia. “We see the X17 project as an exciting, highly-prospective greenfields […]

Latin Resources living large in Latin America

When speaking with Latin Resources managing director Chris Gale it’s easy to be swept up in his enthusiasm for Latin America. Gale’s fervour for the region reaches beyond Latin Resources’ portfolio of highly-prospective projects in Peru and Brazil. It extends to the recent history of Latin America and how, during what has been one of […]