Entries by Wally Graham

Kula Gold confirms new mineralisation at Kulumadau

THE DRILL SERGEANT: Kula Gold has intersected further gold mineralisation adjacent to the Kulumadau Resource at its 100% owned Woodlark Island gold project in Papua New Guinea. Recent assay results received by the company have confirmed a new, previously undiscovered zone of mineralisation present under a relatively thin 20 metre limestone cover. The new zone […]

Republic Gold confirms high-grade gold in Bolivia

THE DRILL SERGEANT: Sydney-based Bolivia-focused gold exploration play Republic Gold has received the results from the final four drill-holes of a 16 drill-holes it has completed as part of a larger development drilling program at the Amayapampa gold project in Bolivia. The 16 drill-hole program was commissioned specifically to enhance predictability of early production mill […]

Crescent Gold announces probable 54k ounce gold reserve

THE DRILL SERGEANT: ASX-listed gold play Crescent Gold has announced a maiden probable gold reserve of 54,000 ounces near surface at its newly acquired Apollo Deposit in Laverton, Western Australia. New drilling results and resource modelling carried out by Crescent confirmed the probable gold reserve of 770,000 tonnes and at average grade of 2.2 grams […]

Golden Rim outlines new gold targets

THE BOURSE WHISPERER: A recently completed high resolution airborne magnetic survey carried out by Golden Rim Resources has outlined three major structural zones at the company’s Sebba project in Burkina Faso. The company said the results show the zones to be highly prospective settings for gold mineralisation. According to the Golden Rim announcement the aeromagnetics […]

Energy Ventures acquires US uranium project

THE BOURSE WHISPERER: ASX-listed uranium hopeful Energy Ventures has acquired the Coyote Basin uranium project located in northwest Colorado by the assignment of an existing State of Colorado Uranium Mining Lease from VANE Minerals. The Coyote Basin project area is located close to Energy Ventures’ other projects at Maybell and Skull Creek and has been […]

Key rail agreement signed for Karara project

As the interminable wait for third party rail access lingers in Western Australia Gindalbie Metals has opted to look outside the square. Gindalbie Metals has actually looked further than outside the square and has broadened its view to beyond state borders and conformity to sign a 10-year above rail haulage agreement with QR National for […]

Navigator to sell interest in Cummins Range

THE BOURSE WHISPERER: Western Australian gold producer Navigator Resources has agreed terms with Kimberley Rare Earths for the sale of Navigator’s additional interest in the Cummins Range Rare Earths project. Under the terms of the conditional agreement, Navigator will sell 30% of the Cummins Range project to KRE for the total consideration of $6.5 million […]

Middle Island in West African expansion

THE BOURSE WHISPERER: Having just listed in December 2010 one of the ASX’s newest gold plays in West Africa has wasted little time making itself noticed by moving into an area dominated by some of the bigger players in the field. Middle Island Resources has entered a five year, US$5 million joint venture agreement to […]

Nemex Resources receives XRF results

THE DRILL SERGEANT: Iron ore-focused explorer Nemex Resources has received the first five x-ray fluorescence spectrometry (XRF) results from surface outcrops of an ironstone formation collected from its Télimélé license in western Guinea. Nemex’s Télimélé license is one of three exploration licenses that comprise the Coastal Project in western Guinea. The five samples were collected […]

TNG hits wide magnetite intersections at Mount Peake

THE DRILL SERGEANT: Subiaco-based vanadium hopeful TNG Limited has reported encouraging results from a recently commenced program of diamond drilling at its flagship Mount Peake Iron-Vanadium project in the Northern Territory. The Mount Peake project boasts a large-scale resource of 140 million tonnes grading 0.3% vanadium pentoxide, 23.66% iron, 5.34% titanium dioxide, with outstanding exploration […]