Entries by Wally Graham

Crescent Gold Completes A$8.84 Million Capital Raising

THE BOURSE WHISPERER: Perth-based gold producer Crescent Gold has raised $8 million in convertible debt. Due to overwhelming demand a further $844,000 was raised through a share placement using the company’s existing 15 per cent capacity. The issue has been placed with sophisticated and professional investors and was closed heavily oversubscribed. The $8M Convertible Note […]

Kentor Gold announces Inferred Resources estimate at Burnakura

THE BOURSE WHISPERER: Kentor Gold has announced an Inferred Resource estimate for the Burnakura gold project of 10.6 million tonnes at 1.5 grams per tonne for a total of 516,000 ounces at 0.5g/t gold cut-off. At a 1.5g/t cut-off, the company has estimated the Inferred Resource for Burnakura at 3.2Mt at 2.9g/t for 298,000 ounces […]

Ausgold continues gold mineralisation along strike at Dingo

THE DRILL SERGEANT: Gold and copper exploration play Ausgold announced the latest drilling results it has received from the Dingo ore body, located within the Western Corridor of the Katanning gold discovery in Western Australia.  The returned results come from the southernmost lines of Ausgold’s first-pass RC drilling program at Dingo. The company said the […]

Venus Metals buys diamond polisher

THE BOURSE WHISPERER: Diversified resources play Venus Metals Corporation has purchased a containerised, modular diamond processing plant for its Argyle Smoke Creek alluvial diamond project. Smoke Creek is located downstream of the nearby Argyle Diamond Mine in the Kimberley region of Western Australia. The project contains a JORC compliant Inferred Resource estimated at 17.9 million […]

Golden Rim cites splendid soil samples

THE BOURSE WHISPERER: Copper – gold exploration play Golden Rim Resources has received positive preliminary soil sample assays from its Galgouli South project area in Burkina Faso, West Africa. Galgouli South is located in southern Burkina Faso covering an area of 251 square kilometres located approximately 40 kilometres northwest of Ampella Mining’s Konkera deposit. Results […]

Realm Resources strengthens PGM portfolio

THE BOURSE WHISPERER: Platinum Group Metals hopeful Realm Resources has strengthened its existing portfolio of platinum group metals projects in South Africa. Realm has signed a farm-in agreement) with Nkwe Platinum (Rooderand) (Pty) Ltd; a company in which ASX-listed Nkwe Platinum Limited holds a 70% interest. Under the terms of the farm-in agreement, Realm can […]

Elvis has left the building.

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: Continental Coal appoints non-executive director. […]

CuDeco plans new train set for NW Queensland players.

ASX 200 member CuDeco has entered into a conditional Memorandum of Understanding (MOU) for the lease up to 900 hectares of land located outside the south-east boundary of the township of Cloncurry in Queensland. The land has been earmarked for the construction of a multi-user, multi-purpose rail load-out facility. The area of land under question […]

Enerji generates $1M placement

THE BOURSE WHISPERER: Emerging Perth-based green energy utility, Enerji Limited has completed the book build for a share placement with commitments of approximately A$1,000,000, before costs, to sophisticated and private investors. The purpose of the placement is to further fund the installation process of Australia’s first Opcon Powerbox at Horizon Power’s Carnarvon Power Station. Designed […]

Aura Energy Identifies second Swedish uranium field

Australian uranium exploration play Aura Energy has received promising results from an initial drilling program on its Kallsedet uranium project in Sweden. The four-hole diamond drilling program, for a total of 419 metres, revealed thick, mineralised intersections varying from 12m to 98m in cumulative thickness. According to Aura the results confirm a widespread occurrence of […]