Entries by Wally Graham

Azure continues run at Promontorio

THE DRILL SERGEANT: Mexico-focused Azure Minerals continues to receive good copper, gold and silver news from an ongoing diamond drilling program at its Promontorio project in Chihuahua. Additional first-time drilling at the company’s Cascada prospect has intersected an encouraging wide zone of 137.3 metres of gold and silver mineralisation. The Cascada drilling was carried out […]

Confidence in Gladstone Steel Project remains strong

New kid on the steelmaking block Boulder Steel has told the market it intends to go ahead with its plans to build and operate the proposed $4 billion Gladstone Steel Plant project. Boulder Steel claims it Gladstone plant will be a modern, state-of-the-art facility that is to be built efficiently in terms of capital expenditure […]

Discovery increases Zeta Resource

THE DRILL SERGEANT: Discovery Metals has upgraded the Mineral Resources at its Zeta deposit by nine million tonnes to 44.1 million tonnes, an increase of 25 per cent. The Zeta deposit, combined with the Plutus and Petra deposits, form the Mineral Resources base for Discovery’s 100% owned Boseto copper project, located in north western Botswana. […]

Renaissance unwraps Kirgella’s Gift

THE DRILL SERGEANT: Perth-based gold exploration company Renaissance Minerals has announced results from a recent drilling program undertaken at the company’s Pinjin gold project in the Eastern Goldfields tenement package in Western Australia. Renaissance’s Eastern Goldfields tenement area is situated between Integra Mining’s Randall’s, Maxwell’s and Santa gold deposits to the south and Saracen Minerals’s […]

PMI Gold encouraged by drill results

THE DRILL SERGEANT: Toronto and Australian-listed company PMI Gold Corporation has reported some positive drilling results from an ongoing in- fill and resource extension drilling program being undertaken at the Nkran deposit. The Nkran deposit is part of the company’s 100 per cent-owned Obotan gold project in Ghana, West Africa, where PMI is currently undertaking […]

Condor eyes Pilbara manganese and iron ore

THE DRILL SERGEANT: Western Australia-focused iron ore and manganese explorer Condor Metals has received results from a reconnaissance drilling program carried out at the company’s Kallona deposit in the East Pilbara. Condor Metals identified potential targets on the tenement, covering an area approximately 14 kilometres long by five kilometres wide, after conducting mapping, surface sampling […]

Overland Resources hits development double

When a junior explorer locates one project that delivers an outstanding result and rapidly advances beyond initial expectations it could be considered lucky. When that same company is able to locate another project with potential to do the same it should be considered very good at what it is doing. Overland Resources acquired the Yukon […]

West African widens Meguet

THE DRILL SERGEANT: Burkina Faso-focused gold explorer West African Resources announced further wide gold zones from surface in RAB drilling at its Meguet prospect. Meguet is located in the southwest corner of the company’s 100%-owned Boulsa gold project, which is situated just 25 kilometres northeast of Orezone Gold Corp’s 3.5 million ounce Bombore gold deposit. […]

Carbon Conscious applauds carbon initiative

THE BOURSE WHISPERER: Carbon credit offsetting company Carbon Conscious has welcomed the passage of the Commonwealth Government’s Carbon Farming Initiative (CFI) legislation through the upper house of Federal Parliament. Carbon Conscious delivers carbon offsets via the development of forestry plantation projects. The company operates plantation forests in Western Australia’s wheatbelt region and in New Zealand, […]

Navarre begins exploration at Tandarra

THE DRILL SERGEANT: Having raised $3.2 million from a recent entitlement offer Victoria gold exploration company Navarre Minerals is set to kick off the next stage of a drilling and geophysical testing program at its Bendigo North gold project. Navarre has an air-core rig ready to commence drilling on the Tandarra prospect, located 40 kilometres […]