Entries by Wally Graham

Azimuth extends Smarts

THE DRILL SERGEANT: South America-focused Azimuth Resources has received more results from drilling at its 100% owned Smarts prospect located within the company’s West Omai gold project in Guyana. Assay results of the first two deeper resource holes have been received with both reporting healthy intersections and demonstrating continuity with mineralisation intersected immediately up dip […]

Toro confirms Theseus uranium discovery

THE DRILL SERGEANT: Almost uranium miner Toro Energy has confirmed current drilling from its Theseus prospect in Western Australia has demonstrated it to be a large uranium mineralised system measuring at least 7.5 square kilometres in area. The company said uranium mineralisation reported has defined grades at levels that it considers, warrant further economic analysis. […]

Voyager acquires 50 per cent of KM project

THE BOURSE WHISPERER: Perth-based Voyager Resources has acquired a 50 per cent interest in the KM copper porphyry project in the South Gobi Region of southern Mongolia. The KM copper project is located in the Edrene Island Arc Terrain, which extends across the Gobi and southern regions of Mongolia. The region hosts a number of […]

Southern Cross to acquire two deposits

THE BOURSE WHISPERER: Southern Cross Goldfields has entered into an option agreement with unlisted company Barranco Resources to acquire two oxide gold deposits. The two deposits, Red Legs and Die Hardy, are located 30 kilometres north of Southern Cross’ Marda gold project in Western Australia. Together they comprise total JORC Inferred Resources of 1.7 million […]

Cortona signs processing agreement for Dargues Reef

THE BOURSE WHISPERER: Emerging Australia gold company Cortona Resources has entered into a License Agreement with Westlime. As a result of the agreement Cortona will operate the London Victoria gold processing plant near Parkes in New South Wales. The arrangement comes as an ideal solution to the company’s processing conundrum for gold-silver-pyrite concentrate from its […]

Nemex confirms iron ore mineralisation

THE BOURSE WHISPERER: West Africa-focused iron ore exploration play Nemex Resources has announced results of 17 ironstone samples from its Coastal project located in western Guinea. The samples were collected as part of a program to target a regionally extensive ironstone unit across the company’s exploration licence portfolio. These samples are from the 244 square […]

ESWA encourages future geologists

Geologists may not be quite as rare as the proverbial dentures of common farmyard fowl but the paucity in their ranks is a concern for the resources industry. Although the mining industry is a destination of choice for what seems to be just about every job seeker in Australia at the moment, this hasn’t always […]

Tawana acquires Liberian land package

THE BOURSE WHISPERER: West Africa-focused Tawana Resources has acquired, what it described to be, “a highly prospective land package” located in Sinoe County, south-eastern Liberia. Called the Sinoe project, the acquisition is considered by Tawana to be an opportunity for the company to explore prospective Birimian geology in Liberia along strike to an emerging gold […]

Sheffield announces maiden resource at Yandanooka

THE BOURSE WHISPERER: Bulk minerals explorer Sheffield Resources has announced a maiden Resource estimate for its Yandanooka heavy mineral sand (HMS) project located in the Mid West region of Western Australia. The estimate has come in at 1.84 million tonnes of contained heavy mineral (71.75 million tonne at 2.6 per cent heavy mineral in Indicated […]

Ark combs over Bald Hills

THE DRILL SERGEANT: Recent drilling carried out by Ark Mines has provided the New South Wales-focused polymetallic exploration play with encouragement. The drilling was undertaken on the company’s 100% owned Mt. Dijou project at Bald Hills and has returned gold intercepts at shallow depths. The 500 metre Reverse Circulation program was designed to test shallow […]