Entries by Wally Graham

Scott Lowe – Blackthorn Resources

ONE OFF THE WOOD: Blackthorn Resources (ASX:BTR) managing director Scott Lowe called in to discuss a recently completed scoping study at the company’s 100 per cent-owned Mumbwa project.   You’ve enjoyed consistent news flow over the past year, culminating in the positive scoping study results for your flagship Kitumba project. You must be happy with […]

Productora results encourage upgrade hopes for Hot Chili

THE DRILL SERGEANT: Hot Chili (ASX: HCH) has announced its best drilling intersections yet at the company’s Productora copper project in Chile. The company said it expects the latest results to underpin a resource upgrade for Productora in the fourth quarter of 2012 and provide a substantial boost to the economics of a planned four […]

New draft of JORC Code released for public comment and review

THE BOURSE WHISPERER: The Australasian Joint Ore Reserves Committee (JORC) has released an exposure draft of a revised JORC Code (2012) for public comment. The JORC Code (full title: Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves) is an essential facet of the reporting of exploration and Resource as it provides […]

Blackham expands Matilda to 1.4Moz

THE BOURSE WHISPERER: Blackham Resources (ASX:BLK) has reported a Resource Estimate for the M3 deposit at the company’s Matilda gold project. The M3 deposit is estimated to contain 755,000 tonnes at 1.7 grams per tonne gold for a total of 42,000 ounces of gold. The combined Matilda project estimate has grown to 23 million tonnes […]

Segue review upgrades Emang Resource

THE BOURSE WHISPERER: Segue Resources (ASX:SEG) has released results of a new resource estimate compiled following a review of what had previously been announced for the company’s Emang manganese project located near Postmasburg in the Northern Cape Region of South Africa. The key finding of the review was an error in the conversion of iron […]

Cleveland begins mining at Premier in Brazil

THE BOURSE WHISPERER: Cleveland Mining Company (ASX:CDG) has commenced mining at the Premier gold mine in Central Brazil. Ore is currently being stockpiled at the plant, where the company has live commissioning underway. The company said it had to negotiate one final, external, hurdle before mining and processing could start at the mine, in the […]

Sheffield scores big hits at new mineral sands discovery

THE DRILL SERGEANT: Sheffield Resources (ASX:SFX) has announced further encouraging drill results from the company’s Dampier heavy mineral sand (HMS) project near Derby in the Kimberley Region of Western Australia. The Thunderbird discovery is the first target to be drilled by Sheffield within the Dampier HMS project area. The company said the drill results it […]

Renaissance continues drilling run at Okvau

THE DRILL SERGEANT: Renaissance Minerals (ASX:RNS) has received further drill results from an ongoing diamond drilling program at the company’s Okvau gold deposit in Cambodia. The company is conducting the current drilling program of step out drilling to target additional gold mineralisation to increase the existing Okvau gold resource estimate. “The amount of gold that […]

MacPhersons hits longest silver intersection at Nimbus

THE DRILL SERGEANT: Drilling of extensions to Lens Nos. 1, 2, 3, and 4, by MacPhersons Resources (ASX:MRP) at the company’s 100 per cent-owned Nimbus silver-zinc-gold project has demonstrated both silver oxide and silver sulphide mineralisation continues between the Nimbus Discovery and East Pits. The Nimbus project is located 10 kilometres east of Kalgoorlie’s Super […]

Australian Bauxite ahead of schedule in Tasmania

THE DRILL SERGEANT: Australian Bauxite (ABx) (ASX:ABZ) is ahead of schedule with drilling at its Bauxite Deposit DL-130, located south-south-west of Bell Bay deepwater port in Tasmania on a privately owned plantation that is under harvest. The company has encountered thicker bauxite than it expected of up to six metres thick over a wide area. […]