Entries by Wally Graham

Horseshoe Metals survey highlights potential mineralised structure

THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) recently completed a gravity survey program at the company’s 100 per cent-owned Kumarina copper project, located 100 kilometres north of Sandfire Resources’ (ASX: SFR) DeGrussa copper/gold mine in Western Australia. Horseshoe conducted gravity surveys over the Snell North and Kumarina Deeps prospects at Kumarina, which were designed to […]

Beadell Resources continues to make Duckhead bigger

THE DRILL SERGEANT: The latest drilling results for Beadell Resources (ASX: BDR) have provided another growth spurt to the Duckhead open pit oxide gold deposit at the company’s 100 per cent-owned Tucano gold mine, located in Brazil. According to Beadell, recently-completed infill drilling within the reserve open pit has identified a new zone of gold […]

Golden Rim Resources claims new Burkina Faso gold discovery

THE DRILL SERGEANT: Golden Rim Resources (ASX: GMR) has claimed discovery of a new zone of high-grade gold mineralisation (Panga Lodes) while conducting reverse circulation (RC) drilling at the company’s Balogo project in Burkina Faso. The Panga Lodes are located 600m north of the Netiana Lodes where Golden Rim has previously defined an Inferred Resource […]

Excelsior Gold updates Zoroastrian Resources

THE DRILL SERGEANT: Excelsior Gold (ASX: EXG) has released an updated resource estimation on the Zoroastrian gold deposit within the company’s Kalgoorlie North gold project. The new estimate has increased contained resource ounces at Zoroastrian by 11 per cent and improved average grade by nine per cent. The new Indicated and Inferred gold resources at […]

Walkabout Resources identifies poly-metallic zone

THE DRILL SERGEANT: Walkabout Resources (ASX: WKT) has identified a poly-metallic mineralised shear zone at the company’s 75 per cent-owned Kigoma project area in Tanzania. The mineralised shear zone has demonstrated elevated levels of copper, gold, silver, lead and zinc. “We believe the team at Kigoma may have located a source of the extensive mineralisation […]

Buxton Resources commences drilling at Yalbra graphite project

THE DRILL SERGEANT: Buxton Resources (ASX: BUX) has commenced a 2,000 metres RC drilling program to test large, high-grade graphite targets at the company’s Yalbra graphite project in Western Australia. Buxton said the drilling has been designed to confirm historical high-grade intercepts of graphite in the Main Zone, and to test newly identified VTEM conductors […]

Kidman Resources extends Home of Bullion copper

THE DRILL SERGEANT: Kidman Resources (ASX: KDR) has received results from recent deeper diamond drilling carried out at the company’s Home of Bullion (HOB) project in the Northern Territory. According to Kidman the drilling has confirmed the down dip continuation of copper mineralisation on both the Main Lode and Southern Lodes at the project. Hole […]

Sheffield Resources scores high-grade HM at Thunderbird

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has received further results from drilling undertaken at the Thunderbird heavy mineral sand (HMS) deposit, located within the company’s Dampier HMS project near Derby in the Canning Basin region of Western Australia. The results are the second batch of assay results to be reported from Sheffield’s 2013 aircore […]

Pioneer drills further encouragement at Kalpini South

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) has received results from recent drilling conducted at the Kalpini South prospect, part of the company’s Acra gold project in Western Australia. Pioneer completed seven RC holes for 1,027m at the Kalpini South prospect, which were carried out along strike from high-grade gold drill hits the company announced […]

What the Brokers Say

WHAT THE BROKERS SAY: Stockbroking firm, Bell Potter runs its eye over the Pilbara iron ore industry and its main players. Iron ore sector Port Hedland – October 2013 – Total iron ore shipments flat, record shipments to China. Bell Potter has dissected the Port Hedland Port Authority’s October 2013 monthly statistics. Key points to […]