Entries by Wally Graham

Bear markets good; Bull markets bad.

THE CONFERENCE CALLER: In his opening keynote address to the Gold Investment Symposium Sprott Global Resource Investment chairman Rick Rule said he liked Bear Markets as they present great opportunities for buying bargains. “At any point in time Bull markets feel good and Bear markets feel bad, but…in terms of building wealth the opposite is […]

Corazon deciphers Top Up Rise secrets

Having recently completed a $3 million raising, Corazon Mining (ASX: CZN) is well-funded to continue its exploration program at the company’s Top Up Rise (TUR) project. For the uninitiated, TUR is located in the Gibson Desert region of Western Australia, an area reasonably new in terms of exploration activity, especially when compared to the more […]

The Russell Hotel – The Rocks Sydney

THE HOTEL INSPECTOR: There’s nothing The Inspector likes more than a bit of ‘old world charm’ especially when it’s presented so well. Okay, for the business traveller, usually the flasher the hotel the more important you are, but when you’re not as important as the other folk at the conference, it’s prudent to live within […]

Doray Minerals identifies new gold zone at Andy Well

THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has intersected a third mineralised zone at the company’s high-grade Andy Well gold project near Meekatharra in Western Australia. The new ‘Suzie Zone, located parallel to the high-grade Wilber and Judy gold deposits at Andy Well. Doray recently completed RC drilling within the Suzie Zone, which has intersected […]

Wolf Minerals appoints new MD

THE BOURSE WHISPERER: Wolf Minerals (ASX: WLF) has appointed former Grange Resources managing director Russell Clark as the company’s new managing director. Clark replaces inaugural managing director Humphrey Hale who is to remain with the company as a consultant for three months to ensure an efficient hand-over and transition of leadership. Wolf said the change […]

Condor Blanco kicks off Carachapampa drilling

THE DRILL SERGEANT: Condor Blanco Mines (ASX: CDB) is ready to commence the summer diamond drilling program at the company’s Carachapampa project in Northern Chile. The drilling program has been designed to target two mineralised systems at Carachapampa Condor Blanco has interpreted to be similar to existing deposits at the neighbouring Nueva Esperanza silver and […]

Traka Resources and Western Areas work up EM targets

THE DRILL SERGEANT: Traka Resources (ASX: TKL) announced the identification of a number of electromagnetic (EM) targets by its joint venture partner Western Areas (ASX: WSA) in the Jameson area of the company’s Musgrave project. Traka entered into the JV with Western Areas in June 2013, immediately after which WSA embarked on a program of […]

Latin Resources subsidiary sells Peruvian concessions

THE BOURSE WHISPERER: Latin Resources (ASX: LRS) has announced the signing of a binding term sheet, by its subsidiary company Peruvian Latin Resources (PLR) for the sale of the Mariela concessions to Total Genius Iron Mining (TGIM). The term sheet confirms the sale by PLR of five concessions in Southern Peru, known as the Mariela […]

Thor Mining positioning tungsten take-off

THE BOURSE WHISPERER: Thor Mining (ASX: THR) has received a Letter of Intent from United States-based Global Tungsten & Powders Corp (GTP). The Letter is regards to scheelite concentrate off-take arrangements for Thor’s wholly-owned Molyhil tungsten project in the Northern Territory. The off-take agreement, under the terms of the letter, is subject to GTP successfully […]

Carpentaria Exploration encouraged by early Advene results

THE DRILL SERGEANT: Carpentaria Exploration (ASX: CAP) has been encouraged by reconnaissance field work results from the company’s Advene gold project in central New South Wales. The company said the recent work has demonstrated potential for large intrusion related, breccia-style deposits in, what it described to be, a largely unexplored area of the Central Lachlan […]