Entries by Wally Graham

ERO Mining on the search for lithium

THE DRILL SERGEANT: ERO Mining has commenced an initial sonic drilling program at its Wertaloona lithium project adjacent to the Frome saltpan in central-northern South Australia. The commencement of the program comes after the company received Aboriginal Heritage clearance with the Adnyamathanha people, The Wertaloona project is part of two exploration licences ERO procured via […]

Western Australian State Treasurer raises royalties

The recent Federal Budget handed down by Treasurer Wayne Swan hardly raised a heckle on the collective neck of the Australian mining industry. Oddly enough that privilege was left to Western Australian Treasurer Christian Porter in handing down his first budget for the mining boom state. One feature of the budget that poked its head […]

Winmar Resources eyes acquisition of Hamersley iron project.

THE BOURSE WHISPERER: Iron ore hopeful Winmar Resources has executed a variation agreement with Cazaly Iron, a wholly owned subsidiary of Cazaly Resources, to vary the Farm-in Heads of Agreement the companies had entered into in October 2010. Winmar currently holds an entitlement to earn into a 51% interest of the Hamersley iron project and […]

Auzex tells GGG – Cut the Bullabulling

THE BOURSE WHISPERER: AIM-listed GGG Resources has completed its listing on the ASX but not everybody is celebrating. GGG Resources’ principal asset is its 50/50 joint venture with Auzex Resources at the 1,982,000 ounce gold JORC Inferred Resource Bullabulling gold project. Bullabulling is located 65 kilometres south west of Kalgoorlie, Western Australia in the highly […]

Troy Resources steps-out high-grade intercept

THE DRILL SERGEANT: Perth-based gold producer Troy Resources recently completed drilling of a step-out hole from the high grade Inca Vein Intercept (14.70 metres at 26.24 grams per tonne gold equivalent from 342.5m) the company reported in late April. The news from the latest hole is that it intercepted the Inca Vein about 100m southeast […]

Opening of Woomera Prohibited Area good news for Apollo Minerals

THE BOURSE WHISPERER: Iron ore hopeful Apollo Minerals became very excited after the recently released Commonwealth Government final report of its enquiry into mining and military activities in the Woomera Prohibited Area (WPA) in South Australia revealed it is expected to be open to exploration and mining. The news came in a joint announcement from […]

Aviva scores gold hits in West Kenya

THE DRILL SERGEANT: Aviva Corporation has been busy in West Kenya drilling at the Bushiangala and Kimingini prospects where it has hit gold mineralisation with four exploratory diamond drill holes.   The two prospects are both situated adjacent to the western end of the Kakamega gold camp, a 25 kilometre by 15 kilometre area located within […]

Encouraging drill results for West African Resources

THE DRILL SERGEANT: Perth-based gold play West African Resources has received some encouraging high grade results from first pass RAB drilling at its Moktedu prospect. The Moktedu prospect is part of the company’s 100%-owned Boulsa gold project located in Burkina Faso, West Africa. The results were struck 800m northeast along strike from high grade results […]

Nullagine JV partners set to help further WA’s mining revenues

When BC Iron’s Nullagine joint venture in Western Australia’s Pilbara was officially opened during mid April, it literally hit the ground running. Along with JV partner Fortescue Metals Group, the company had already seen 20,000 tonnes of its ore exported through Port Hedland and another 20,000t moved. It also looked on course to achieve its […]