Entries by Wally Graham

Venturex encouraged by Sulphur Springs drilling results

THE DRILL SERGEANT: Venturex Resources (ASX:VXR) has received all final assay results a recent RC drilling program carried out at the company’s Sulphur Springs copper-zinc deposit in the Pilbara region of Western Australia. The company said the results have confirmed high-grade extensions to the Western Lens copper-zinc mineralisation at depth. Results included: –    11 metres […]

Taxman hands Arafura $22.6M rebate

THE BOURSE WHISPERER: Rare earths-company Arafura Resources (ASX:ARU) has received a tax refund of $22.6 million. The refund is for eligible research and development expenditure in relation to the development of the company’s Nolans rare earths project, which straddles the Northern Territory and South Australia. “We appreciate the Australian Government’s long-term support for businesses such […]

MZI breathes 11 year mine life into Keysbrook

THE BOURSE WHISPERER: MZI Resources (ASX:MZI) has had the Ore Reserve and Mineral Resource for the company’s Keysbrook mineral sands project in Western Australia, independently estimated and reported in accordance with the guidelines of the JORC Code. The report has shown the operation to have as sufficient Mineral Resources for a potential mine life of […]

Mutiny upgrades Deflector to 552,000 gold equivalent ounces

THE BOURSE WHISPERER: Mutiny Gold (ASX:MYG) has increased the JORC Code-compliant ore reserve and Life of Mine (LOM) production inventory for the company’s Deflector gold-copper deposit in Western Australia. The company’s upgraded economic analysis has increased the Deflector maiden initial LOM production inventory to 552,000 ounces of gold equivalent. This total includes 442,000 ounces of […]

Cape Alumina increases total Cape York bauxite Resource

THE BOURSE WHISPERER: Cape Alumina (ASX:CBX) has increased the total mineral resources across its suite of projects located on western Cape York, Queensland, to 202.4 million tonnes of high-quality, export-grade bauxite.   Cape Alumina’s tenements on western Cape York, Queensland. Source: Company announcement   The company had previously estimated a Measured, Indicated and Inferred Resource […]

Navarre drilling realises gold at Tandarra

THE DRILL SERGEANT: Navarre Minerals (ASX:NML) has encountered high-grade gold mineralisation on the Macnaughtan Line while conducting air-core drilling at the Tandarra prospect, which is part of the company’s Bendigo North group of gold projects, located north of Bendigo in Victoria. The Initial results from hole ACT151 returned: –    4.5 metres at 23.1 grams per […]

Panoramic upgrades total Resources at Gidgee

THE BOURSE WHISPERER: Panoramic Resources (ASX:PAN) has announced a combined 74 per cent increase in the Resources at Howards and Heron South, part of the company’s 100 per cent-owned Gidgee gold project, located near Wiluna in Western Australia. The total Resources at Gidgee now measure 11.8 million tonnes at 3.07 grams per tonne gold for […]

Southern Hemisphere welcomes Lundin US$35M farm-in

THE BOURSE WHISPERER: Southern Hemisphere Mining (ASX:SUH, TSX-V:SH) has struck a strategic agreement with TSX-listed base metals miner Lundin Mining Corporation and executed a terms sheet. The deal will result in Lundin Mining spending up to US$35 million on exploration at Southern Hemisphere’s Llahuin copper-gold project in central Chile to earn a direct stake of […]

Rox re-sampling confirms mineralised zone at Teena

THE DRILL SERGEANT: Rox Resources (ASX:RXL) has completed re-sampling of two historic drill holes from the recently-identified Teena zinc prospect, located on the company’s Myrtle/Reward zinc project in the Northern Territory. Rox claims the results have confirmed Teena as a medium to high-grade zone of mineralisation. “The re-sampling results, from holes Teena 4 and 6, […]

Talga draws big graphite hits from first drilling in Sweden

THE DRILL SERGEANT: Talga Gold (ASX:TLG) has completed its stage 1 diamond drilling program at the company’s 100 per cent-owned Nunasvaara graphite project in northern Sweden. The 19 hole diamond drilling program was Talga’s first drill test at Nunasvaara and was designed to upgrade the size and status of this high-grade graphite resource.   Location […]