Entries by Wally Graham

Potash West completes positive Scoping Study at Dandaragan

THE BOURSE WHISPERER: Potash West (ASX: PWN) has received the results of a recently-completed Scoping Study carried out on the company’s wholly-owned Dandaragan Trough potash project, located 150 kilometres north of Perth in Western Australia. According to the company the study has produced positive results, demonstrating the potential of Dandaragan Trough to be a viable, […]

Nemex Resources announces maiden iron ore Resource

THE BOURSE WHISPERER: Nemex Resources (ASX: NXR) has reported a maiden iron ore Mineral Resource at the Boulere prospect, located on the company’s Télimélé iron project in Guinea, West Africa. “In a very short time, we have developed a significant iron ore resource of potential Direct Shipping Ore quality over one small area of our […]

AusAmerican confirms copper mineralisation in Arizona

THE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) kicked off its first exploration program over the company’s recently-acquired Bluebell and De Soto VMS projects located in Arizona, United States of America. After acquiring the projects in August 2012 AusAmerican commenced work in October, which included geological mapping, channel sampling, the purchase of a data package, […]

Stonehenge Metals receives drilling approval in Korea

THE DRILL SERGEANT: Stonehenge Metals (ASX: SHE) has received approval from the East District of Daejon Metropolitan City Council in Korea to create access roads for the purpose of commencing an initial 12 hole diamond drill program at the company’s Daejon project. In July 2012 the company announced it had secured land access agreements for […]

Peel Mining confirms copper-polymetallic mineralisation at Mundoe

THE DRILL SERGEANT: Peel Mining (ASX: PEX) has received the results from RC drilling it recently conducted at the Mundoe copper-polymetallic prospect. Mundoe is part of the company’s 100 per cent-owned Cobar Superbasin project and is located about 90 kilometres west of Condoblin in New South Wales, about 50 kilometres south of Peel’s Mallee Bull […]

Mining Group claims Philippine gold discovery

THE DRILL SERGEANT: Mining Group (ASX: MNE) has received results for the first two holes drilled at the Tagpura North target at the company’s Comval project in the Philippines. The company claimed the two holes, which are part of a four hole program planned at Tagpura North, have confirmed the presence of gold rich skarns […]

Kupang Resources ties up manganese supply

THE BOURSE WHISPERER: Kupang Resources (ASX: KPR), as part of the Kupang Joint Venture, has entered into a letter of intent with the Manganese Society of Kupang for supply of high-grade manganese ore to the company’s Kupang project (Kupang 55 per cent) in West Timor, Indonesia.   Location of Kupang project. Source: Company announcement   […]

Forge Resources identifies West Eucla EM anomalies

THE DRILL SERGEANT: Forge Resources (ASX: FRG) has had an airborne TEMPEST Geophysical survey conducted on the company’s Fraser Range West Eucla project. The company said interpretation of the electro-magnetic (EM) survey has demonstrated it achieved its three main objectives, which were: –    To identify any discrete EM anomalies within the basement that may be […]

Atlantic Gold advances Touquoy land acquisition

THE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) has made progress with its surface lands acquisition program over the footprint of the company’s Touquoy gold project in Nova Scotia, Canada. The company said it had secured possession of four of the last five remaining non-Crown titles, from a total of 63 private properties required for development […]

Tanami Gold increases Groundrush Mineral Resource estimate

THE BOURSE WHISPERER: Australian gold producer Tanami Gold (ASX: TAM) has taken delivery of a new Mineral Resource estimate for the Groundrush deposit totalling 1.04 million ounces of gold. The company said the estimate will be incorporated into the Central Tanami project Definitive Feasibility Study. Tanami said the increase in the Measured and Indicated Mineral […]