Entries by Wally Graham

Crescent produces sturdy September

THE BOURSE WHISPERER: Australian gold producer Crescent Gold completed a solid September quarter by producing 21,915 ounces of gold to hit its market guidance from its operations at the Laverton gold project. Production commenced in the September Quarter from the Mary Mac Hill deposit, which has a probable reserve of 306,000 tonnes at 1.8 grams […]

Blackham opts for Wiluna acquisition

THE BOURSE WHISPERER: Blackham Resources has elected under a Heads of Agreement to the 100 per cent acquisition of the Matilda and Williamson gold mines and the Regents, Carol Prior, Galaxy gold deposits in the Wiluna gold belt of Western Australia. Blackham has recently completed due diligence over the project, which it said supports its […]

Elvis has left the building October 14

THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Chairman Retirement and Appointment […]

Westgold confirms Jim’s Find

THE DRILL SERGEANT: Westgold Resources has completed the latest round of evaluation drilling at its recently-discovered Jim’s Find prospect at the Cuddingwarra Goldfield located in the company’s Central Murchison gold project (CMGP) in Western Australia. Westgold described Jim’s Find to be a virgin discovery that shapes to be a mineralised shear zone hosted in mafic […]

Flinders receives assays from BID drilling

THE DRILL SERGEANT: Flinders Mines has received results from the first batch of assays for a follow-up drilling program targeted at defining additional Brockman Iron Deposit (BID) mineralisation at its Pilbara iron ore project in Western Australia. Flinders said the latest results have given it a high degree of confidence that its geological model for […]

Ironbark executes US$50M deal with Glencore

THE BOURSE WHISPERER: Ironbark Zinc has entered into a US$50 million convertible note funding facility and offtake facility following a transaction with a wholly-owned subsidiary of Glencore International.   Ironbark said the transaction complements the work the company is undertaking to advance its Citronen base metals project in Greenland to production. The funding aspect of […]

Meteoric confirms gold at Tibooburra

THE DRILL SERGEANT: Meteoric Resources has completed follow-up sampling of an initial drilling program at the company’s New Bendigo prospect at Tibooburra, 300 kilometres north of Broken Hill in New South Wales. The sampling has confirmed high-grade gold mineralisation from intersections including: –    20 metres at 5.22 grams per tonne gold from 8 metres, including […]

Corazon continues Lynn Lake nickel intersections

THE DRILL SERGEANT: Corazon Mining has struck additional nickel/copper sulphide mineralisation during its ongoing drilling of geophysical (EM) conductors at its EL Deposit located within the Lynn Lake nickel sulphide project in Canada. A recently-completed wedge hole intersected approximately 26 metres of strong matrix to semi-massive sulphide style mineralisation from approximately 715 metres down hole, […]

Northern Star drills big numbers at Paulsens

THE DRILL SERGEANT: Northern Star Resources has achieved some impressive resource extension drilling results yet at the Voyager 1 lode at its Paulsens gold mine in Western Australia. The company is confident the latest results could set up further increases in resources, production and mine life. The intersections include: –    18.8 metres at 62.7 grams […]

MOD to explore gold in New Zealand

THE BOURSE WHISPERER: MOD Resources has reached an agreement with Oceana Gold (New Zealand), a wholly owned subsidiary of Oceana Gold Corporation. The agreement will result in MOD, through its 100 per cent-owned New Zealand subsidiary Sams Creek Gold, earn up to 80 per cent of New Zealand’s largest undeveloped gold deposit, Sams Creek, located […]