Entries by Wally Graham

Sheffield Resources completes first diamond drilling at Red Bull

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has completed a round of diamond drilling at the company’s Red Bull nickel-copper project. The Red Bull project is situated within 20 kilometres of Sirius Resources’ (ASX: SIR) Nova/Bollinger nickel-copper deposit, in the Fraser Range nickel province in Western Australia. This was the first diamond drilling program to […]

Hannans Reward encounters high-grade Swedish gold

THE DRILL SERGEANT: Hannans Reward (ASX: HNR) has received assay results for the first two Reverse Circulation (RC) drill holes to be completed at the company’s 100 per cent-owned Pahtohavare project, located in northern Sweden. Hannans considers the results from drilling at the Central Orebody confirm the high-grade nature of the copper-gold mineralisation close to […]

MOD Resources hits gold via deep drilling

THE DRILL SERGEANT: MOD Resources (ASX: MOD) has encountered intersections of gold mineralisation while conducting deeper drilling of the Main Zone gold deposit at the company’s Sams Creek gold project in New Zealand. The company said most of the drill holes it has completed in the Stage 2 program have intersected wide zones of moderate […]

Finders Resources updates Wetar Reserves

THE BOURSE WHISPERER: Finders Resources (ASX: FND) has released an updated Ore Reserve and Mineral Resource estimate for the company’s Wetar copper project in Indonesia. The updated estimate is part of a feasibility study update Finders is conducting on the project. The combined Ore Reserve now stands at 8.9 million tonnes at an average copper […]

Equatorial Resources releases positive scoping study results for Mayoko-Moussondji project

THE BOURSE WHISPERER: Equatorial Resources (ASX: EQX) has released the results of a recently-completed Scoping Study for the company’s 100 per cent-owned Mayoko-Moussondji iron project, located in the south-west of the Republic of Congo. Equatorial has a three stage development plan for Mayoko-Moussondji and says the Scoping Study has focused on optimising the feasibility of […]

Stonehenge Metals records best Daejon drill result so far

THE DRILL SERGEANT: Stonehenge Metals (ASX: SHE) has announced chemical assay results from hole 5 of a 12 hole diamond drilling program currently underway at the company’s Daejon uranium and vanadium project in South Korea. Stonehenge claims the results confirm a new mineralised zone of vanadium, as well as confirming previously reported uranium. Highlights from […]

Minotaur Exploration in takeover-JV frenzy

THE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) woke the market up with a jolt this morning by announcing a proposed takeover of Breakaway Resources (ASX: BRW). The company then followed up with a further announcement of a round of deals it claims will likely result in around $9 million injected into copper and gold exploration […]

The Roadhouse celebrates 100 issues

It really was party-time in the front bar of The Roadhouse this week as we celebrated the 100 issue of our newsletter. The sausage rolls were hot and the beer was cold with many familiar faces filling the room to help us mark the occasion.   Over the past two years The Roadhouse has gradually […]

SA Group wants to remove investment hurdles

IN THE LOBBY: The South Australian Chamber of Mines and Energy (SACOME) says Federal policies addressing a flow through shares scheme, changes to the Petroleum Resources Rent Tax, and urgent resolution of South Australia’s infrastructure hurdles are essential for the State to realise its resources wealth and deliver much needed jobs and funds to the […]