Entries by Wally Graham

Red Mountain hits high-grade gold at Pica

THE DRILL SERGEANT: Red Mountain Mining (ASX: RMX) has encountered high-grade gold mineralisation at the Pica epithermal gold target, on the Lobo prospect, situated within the company’s Batangas gold project, located south of Manila in the Philippines. According to the company, diamond drilling (PC 07-13) has intersected a steeply dipping epithermal quartz-barite-sulphide vein and produced […]

Investigator Resources prepares for Paris Resource calculation

THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has received the final assays for a recently-completed round of drilling at the company’s Paris silver project. The latest assays are for the remaining 41 diamond and 8 reverse circulation (RC) holes of the completed drilling. Results include: Western Zone 8 metres at 2,703 grams per tonne silver […]

Cassini Resources drilling confirms West Musgrave prospectivity

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) recently received all remaining assay results for its initial Reverse Circulation (RC) drilling program at the Pandora target within the company’s 100 per cent-owned West Musgrave project in Western Australia. The company said the assays for the five remaining holes had confirmed a wide copper and nickel anomalism […]

Corazon Mining cashed up for second round of drilling at TUR

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) is close to finalising the raising of approximately $3 million to fund the next phase of exploration at the company’s Top Up Rise (TUR) project), located in the Gibson Desert region of Western Australia. The proceeds of the placement have been earmarked for exploration and drilling activities at […]

Millennium Minerals full steam ahead at Nullagine

THE DRILL SERGEANT: Millennium Minerals (ASX: MOY) recently reported assay results from RC drilling conducted at the Golden Gate (covering the Condor, Crow and Harrier deposits), within the company’s Nullagine gold project in Western Australia. Millennium has recently commenced mining operations within the Golden Gate project area. The company said results from the Condor deposit […]

Renaissance Minerals runs ruler over Rhyolite Ridge

THE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) recently defined a zone of surface gold anomalism at the Rhyolite Ridge prospect, located 12 kilometres from the company’s 1.2 million ounce Okvau gold deposit in Cambodia. The Rhyolite Ridge prospect is situated on the western margin of a much broader 10 square kilometre anomaly known as Area […]

Cazaly Resources eager to progress multi-element portfolio

THE DRILL SERGEANT: Cazaly Resources (ASX: CAZ) recently released results from pre-collar RC drilling recently completed at the company’s Mt Angelo North copper deposit located in the Kimberley region of Western Australia.   In all, Cazaly conducted 10 pre-collar RC and 9 diamond tails totalling 1,115 metres of RC and 681 metres of diamond drilling […]

Independence Group and AngloGold pour first gold at Tropicana

THE BOURSE WHISPERER: Independence Group (ASX: IGO) announced the milestone of the first gold pour at the Tropicana gold project Joint Venture with AngloGold Ashanti (ASX: AGG). “This is a significant milestone for the Tropicana gold project and the culmination of a tremendous amount of hard work by the joint venture manager, AngloGold Ashanti, the […]

Venture Minerals moves to production at Riley DSO project

THE BOURSE WHISPERER: Venture Minerals (ASX: VMS) has moved up to production at the company’s Riley Direct Shipping Ore project in Tasmania following the dismissal of an appeal against the recently-awarded State Approvals. The Resource Management and Planning Appeals Tribunal dismissed the appeal against the development approval for Riley. Venture said the decision had delivered […]

Chalice Gold Mines secures exposure to two prospective ELs

THE BOURSE WHISPERER: Chalice Gold Mines (ASX: CHN) has made two transactions as part of the execution of a second leg of the company’s corporate strategy of targeting high-quality, drill ready targets in prospective low risk mineral provinces. Chalice said the first deal provides the company exposure to GeoCrsytal’s Webb diamond project in Western Australia, […]