Entries by Wally Graham

Genesis Minerals Encounters Continuous High-Grade Gold

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) reported results from an ongoing Reverse Circulation (RC) drilling program underway at the Clark deposit, part of the company’s recently expanded 100 per cent-owned Ulysses gold project in Western Australia. Reverse Circulation drilling by Genesis has confirmed the presence of extensive gold mineralisation at surface at the Clark […]

Alto Metals Continues High-Grade Gold Hits at Sandstone Project

THE DRILL SERGEANT: Alto Metals (ASX: AME) sharpened its credentials as a potential takeover target by releasing assay results from its latest phase of RC drilling targeting high-grade gold mineralisation beneath the Lord Nelson open pit and at the new Orion gold lode discovery, located 200m south of Lord Nelson, within the company’s Sandstone gold […]

Dreadnought Resources Encounters Further Metzke’s Find High Grades

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced the results from eight of 17 RC holes drilled at Metzke’s Find, part of the company’s Illaara gold-VMS-iron ore project in Western Australia. Dreadnought Resources reported the eight RC holes had all intersected the mineralised lode at Metzke’s Find and included the best intercept the company has […]

Inventory Expanded Despite Fund Raising Restrictions

THE CONFERENCE CALLER: Being the recent target of three formal takeover attempts has not stopped Alto Metals (ASX: AME) from adding gold ounces to its Lord Nelson deposit in Western Australia’s East Murchison. By Mark Fraser Despite restricted access to regular fund-raising mechanisms during these corporate shenanigans, the WA-based junior has still managed to increase […]

Climate Risks Coming Under Closer Financial Scrutiny

THE CONFERENCE CALLER: Australia’s next generation of gold producers may face being snubbed by investors if they do not adequately plan to mitigate the intensity of their expected greenhouse gas emissions. By Mark Fraser Moreover, mining houses chasing lower grade deposits are likely to come under closer scrutiny given the higher amount of energy required […]

Encounter Resources Teams Up with BHP for Northern Territory Copper Hunt

THE BOURSE WHISPERER: Encounter Resources (ASX: ENR) has entered into an Option Agreement with BHP covering the 4,500 square kilometres Elliott copper project in the Northern Territory. Following the completion of a validation program, BHP will have the right, but not the obligation, to enter an earn-in and Joint Venture agreement in relation to Elliott […]

Hammer Metals Co-Funded Drilling Hits REE Mineralisation

THE DRILL SERGAENT: Hammer Metals (ASX: HMX) reported assays from drilling carried out under a Queensland State Government Collaborative Exploration Initiative (CEI) funded diamond drilling program at the Koppany Copper – Copper and Rare Earth Element (REE) prospect. Hammer Metals reported the drilling intersected broad zones of visible REE mineralisation (allanite) and multiple zones of […]

Black Cat Syndicate Encounters High-Grade Gold at Majestic and Fingals Fortune

THE DRILL SERGAENT: Black Cat Syndicate (ASX: BC8) is continuing a good run with RC drilling being carried out at Majestic and Fingals Fortune, both part of the company’s Fingals gold project in Western Australia. Black Cat Syndicate has now completed the first 16 holes for approx. 3,482 metres at Imperial/Majestic, targeting extensions to the […]