Entries by Wally Graham

Pioneer to acquire gold rights in the Acra project from Xstrata

THE BOURE WHISPERER: Pioneer Resources (ASX: PIO) has reached an agreement with Xstrata Nickel Australasia Operations (XNAO) to acquire 100 per cent of the gold interests in, what was formerly, the Acra Joint Venture project. The tenements concerned coaver 103 square kilometres and are located east of Kalgoorlie in Western Australia, close to projects held […]

Renaissance receives multiple high-grade results from Okvau drilling

THE DRILL SERGEANT: Renaissance Minerals (ASX: RNS) has released further drill results from the diamond drilling program at the company’s Okvau gold deposit in Cambodia. The drilling program was primarily focused on step out drilling targeting additional gold mineralisation to increase the existing Okvau gold resource estimate.   Okvau gold deposit drill hole collar locations. […]

Monteray due to commence drilling Triple 3 project

THE DRILL SERGEANT: Monteray Mining Group (ASX: MRY) has received Program of Works approval to commence an RC drilling program on the company’s Triple 3 project located near Kalgoorlie in Western Australia. The objective of the 13 hole campaign is to follow up a previous discovery hole drilled in 2004 of 6 metres at 12.75 […]

Northern Minerals confirms HRE discoveries at Browns Range

THE DRILL SERGEANT: Northern Minerals (ASX: NTU) has received results from a recent drilling program carried out at the company’s Browns Range project in northern Western Australia. According to the company the drilling has produced some sizeable heavy rare earths (HRE) intersections at new mineralised zones. The exploration program included first pass drilling across a […]

Stanmore Coal upgrades The Range Resource

THE BOURSE WHISPERER: Stanmore Coal (ASX: SMR) has completed a further review of the company’s The Range project, in the Surat Basin, Queensland.   Project location. Source: Company announcement   The review followed the company receiving final laboratory and geological modelling results from a 2012 drilling program and has resulted in the certification of an […]

Crest drilling to refine Majestic North targets

THE DRILL SERGEANT: Gold exploration company, Crest Minerals (ASX: CTT) has commenced a comprehensive infill and extension drilling program at the company’s Majestic North project in the Eastern Goldfields of Western Australia.   The 110 hole program is a follow-up to Crest’s maiden Aircore (AC) drilling program in July, which demonstrated wide-spread gold anomalism.   […]

Bullion beats shares as gold companies underperform

THE CONFERENCE CALLER: Investors who bought physical gold bullion in 2006 instead of buying shares in gold companies at the same time did the right thing according to Evolution Mining (ASX: EVN) executive chairman Jake Klein. Speaking on Day Two of the 2012 Gold Investment Symposium at Sydney’s Luna Park, Klein said that although that […]

Solid gold trumps paper money

CONFERENCE CORRESPONDENCE: Global stocks down another 90 per cent in the next few years as the world’s financial system continues to its eventual demise is just one of a series of dire predictions from Swiss-based Matterhorn Asset Management founder Egon von Greyerz. Speaking at the 2012 Gold Investment Symposium at Sydney’s Luna Park, von Greyerz […]

Survey records negative sentiment toward High Frequency and Algorithmic Trading

The rise in algorithmic and high frequency trading (HFT) on the Australian Securities Exchange (ASX) and global stock exchanges has raised considerable alarm among investors, analysts and other market participants. In an effort to ascertain perceptions in the market relating to algorithmic trading and HFT and the impact both have on investor sentiment, activities and […]

Horseshoe Metals hits high copper at Horseshoe lights project

THE DRILL SERGEANT: Horseshoe Metals (ASX:HOR) has told the ASX how busy it has been drilling at its 100 per cent-owned Horseshoe Lights copper – gold project and Kumarina copper project, located in the Peak Hill Mineral Field of Western Australia. Drilling has been underway at Horseshoe Lights since May 2012 testing for shallow copper […]