Entries by Wally Graham

Elvis has left the building No.5

THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. The Whisperer pokes his head down the corridors of power to take a quick look at some of the chairs to have recently been vacated and to find out which ones have been filled: Completion of A$12 million […]

Southern Gold reloads Cannon

THE DRILL SERGEANT: Gold-focused junior resources play Southern Gold has updated the Mineral Resource on its 100%-owned Cannon gold deposit, located within the company’s Bulong South project 30 kilometres south east of Kalgoorlie, Western Australia. The new estimate has come in at 896,000 tonnes at 3.3 grams per tonne for 94,500 ounces of gold increasing […]

Castle and Beadell raise funds

THE BOURSE WHISPERER : Institutional and sophisticated investors have answered the tin rattling of a couple of junior exploration plays. Castle Raises $4.8 Million to Fund Exploration Castle Minerals has received commitments to raise $4.8 million through the issue of 13.88 million fully paid ordinary shares at $0.35c per share. Key participants in the raising included […]

Mt Isa Metals receives assay results

THE DRILL SERGEANT: Copper-gold-focused resources company Mt Isa Metals has received assay results from further drilling completed at its Blue Star and Green Zone prospects as well as the Barbara copper‐gold deposit located approximately 45 kilometres east of Mount Isa. The Blue Star prospect is situated within the Blockade exploration permit, while the Green Zone […]

Doray increases depth of Wilber Lode

THE DRILL SERGEANT: The current diamond drilling program being carried out by Western Australia-focused gold exploration play Doray Minerals at its 80% owned Andy Well gold project has increased both the depth and strike extents of the high-grade Wilber Lode. The total depth extent of the Wilber Lode has been increased by over 50%. One […]

Bathurst reaches collaborative agreement with Solid Energy NZ

THE BOURSE WHISPERER: ASX and New Zealand Exchange-listed Australian coal mining company Bathurst Resources has come to a collaborative agreement with Solid Energy New Zealand Limited. The agreement has been struck through Bathurst’s wholly owned subsidiary company Buller Coal Limited. Buller Coal and Solid Energy will collaborate as each business seeks to develop their respective […]

Integra scores best results yet at Majestic

THE DRILL SERGEANT: Australian gold producer Integra Mining has received its best drilling results to date at its Majestic Gold deposit. New RC and diamond drill intercepts from the Majestic gold deposit, within a broader gold anomalous envelope of 89 metres at 4.55 grams per tonne gold, include: 49 metres at 7.89 g/t gold from […]

Mutiny hits new high-grade gold at Deflector North

THE DRILL SERGEANT: The on-going exploration program of Perth-based exploration and mine development play Mutiny Gold has delivered new high-grade gold intersections. The new intersections have been received from the north and from the south of existing resources at the company’s Deflector gold deposit. The most northerly hole drilled as part of the current program […]

AusqQuest hits high-grade gold in West Africa

THE DRILL SERGEANT: ASX-listed junior gold exploration play AusQuest Limited has received further high-grade gold results from diamond drilling at its Comoe Joint Venture in Burkina Faso, West Africa. The company said the latest results confirm the presence of high gold grades at depth within the mineralised system at Phaco Hill. Two of the drill […]

Telephone Dam drilling rings a bell for Trafford Resources

THE DRILL SERGEANT: Perth-based mineral exploration junior Trafford Resources has announced the results of recent drilling activity at its Telephone Dam project at Wilcherry Hill, South Australia. The company said the drilling has confirmed extensive tabular zones of commercial grade lead, zinc and silver, over a 1500 metre strike length, which had initially been outlined […]