Entries by Wally Graham

AMMG lodges alumina process patent

THE BOURSE WHISPERER: Australia Minerals and Mining Group (AMMG) (ASX:AKA) has filed a new patent application with the Australian patent office, Intellectual Property (IP) Australia. The patent application relates to AMMG’s acid-based processing technology, which produces alumina from its aluminous clay material (kaolin) sourced from the company’s 100 per cent-owned South West HPA (high purity […]

Wild Acre Metals announces maiden Resource at Mt Ida

THE DRILL SERGEANT: Wild Acre Metals has announced a JORC-compliant maiden Mineral Resource estimate for a number of prospects at the company’s 100 per cent-owned Mt Ida project, located near Kalgoorlie in the Eastern Goldfields of Western Australia. The maiden JORC-compliant Mineral Resource at the Quinns and Mt Ida South projects using a 1 gram […]

Indochine Mining scores positive results from Mt Kare

THE DRILL SERGEANT: Indochine Mining (ASX: IDC) has received assay results from six drill holes totalling 706 metres from an ongoing 1,300 metre drilling program at the company’s Mt Kare precious metals project in Papua New Guinea. Indochine said the drilling has confirmed the targets host bonanza type mineralisation, with the results being the first […]

Sirius Resources identifies more Nova nickel

THE DRILL SERGEANT: Sirius Resources (ASX: SIR) has completed infill resource drilling at Nova around the margins of the deposit, from which the company claims to have encountered better than expected mineralisation, including an eastern extension it considers may be a mineralised feeder zone. The company said further drilling will now focus on exploring this […]

Phoenix Gold encouraged by first drilling at Red Dam

THE DRILL SERGEANT: Phoenix Gold (ASX: PXG) has been encouraged by the first results out of a drilling program conducted at the Red Dam gold project, which is part of the company’s Broads Dam project area. Red Dam is located on the Zuleika shear zone in the Western Australian Goldfields, less than 40 kilometres from […]

Ric Dawson – AMMG

ONE OFF THE WOOD: Ric Dawson, managing director of Australia Minerals and Mining Group stopped in this week to give us the low down on his company’s exciting new process for converting kaolin to alumina.   Ric, Australia Minerals and Mining Group (ASX: AKA) recently announced a new technology that is capable of producing 3N […]

Core Exploration extends uranium mineralisation at Fitton

THE DRILL SERGEANT: Core Exploration (ASX: CXO) insists the company’s wholly-owned Fitton project in South Australia has been enhanced by new assay results from a recent round of rock chip sampling. The latest results include new surface mineralisation above 1,000 parts per million uranium, 300 metres from the nearest drillhole on the Scott Lee prospect […]

Vector Resources finalises toll treatment review

THE BOURSE WHISPERER: Vector Resources (ASX: VEC) is finalising studies aimed at establishing a toll treatment operation for the company’s Gwendolyn gold project near Southern Cross in Western Australia. The company is using the studies to assess the technical and financial viability of toll treating ore from the high-grade lodes at Gwendolyn and will include […]

Atlantic Gold to raise $2.6 million via placement

THE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) has entered into a placement agreement to issue 74 million fully paid ordinary shares to a private investment company, Rosemoor Development Pte Ltd, at 3.5 cents per share to raise $2.6 million. The placement and the payment of the application moneys are to be concluded by 7 March […]

Nevada iron increases East deposit resource

THE BOURSE WHISPERER: Nevada Iron (ASX: NVI) has released an updated resource estimate for the East deposit, located at the company’s Buena Vista iron project in Nevada, United States of America. The new estimate has come in at: –    28.8 million tonnes grading 19.7 per cent  total iron for contained iron of 5.7 million tonnes […]