Entries by Wally Graham

Syndicated Metals hits strong copper over 2.5km strike

THE DRILL SERGEANT: Syndicated Metals (ASX:SMD) has intersected several zones of high-grade copper, within broader widths of disseminated copper-gold sulphide mineralisation, over a 2.5 kilometre strike length with its maiden drilling program at the company’s Yamamilla copper-gold project in North Queensland. The Yamamilla project is located within the northern part of Syndicated’s Mount Isa project, […]

Sirius confirms high-grade Nova nickel

THE DRILL SERGEANT: Sirius Resources (ASX:SIR) has taken delivery of assay results from the first of several holes it has drilled through thick zones of sulphide mineralisation at the company’s Nova nickel-copper discovery. Sirius said the results have confirmed the presence of high-grade nickel plus copper. The hole was drilled on the 600N line, which […]

Panax Geothermal consortium awarded research grant

THE BOURSE WHISPERER: A consortium of industry, government and research organisations, including Panax Geothermal (ASX:PAX) has been awarded a $1.25 million grant under the Federal Government’s Emerging Renewables Program. The University of Adelaide’s South Australian Centre for Geothermal Energy Research will receive the funding from the Australian Renewable Energy Agency (ARENA) for a study of […]

Carrick Gold upgrades Mt Jewell Field gold Resource

THE BOURSE WHISPERER: Carrick Gold (ASX:CRK) has calculated an upgrade to the Resource at the company’s Mt Jewell Field project. Mt Jewell Field is one of four projects which make up the company’s KalNorth Gold Field, situated less than one hour’s drive from Kalgoorlie. Carrick commenced drilling at the Hughes and Tregurtha deposits at the […]

ABM Resources hits big numbers at Golden Hind

THE DRILL SERGEANT: ABM Resources (ASX:ABM) has received some fairly impressive results from the first round of drilling conducted at the Golden Hind prospect. Golden Hind is located 800 metres south of the Old Pirate gold deposit on the company’s Twin Bonanza Gold Camp project in the Northern Territory.   Map view of the Golden […]

Potash West confirms grade and continuity of glauconitic greensands

THE DRILL SERGEANT: Potash West (ASX:PWN) has received initial assay results from resource definition drilling completed in June at the Dinner Hill prospect within the company’s Dandaragan Trough potash project. According to Potash West the drilling has defined continuity of well-preserved Molecap Greensand at an average thickness of nine metres, thickening to a maximum of […]

Pegasus reports copper-zinc-silver hits at Mt Mulchay

THE DRILL SERGEANT: Pegasus Metals (ASX:PUN) has intersected high-grade copper with zinc and silver in massive sulphides during an initial drilling program being conducted at the South Limb Pod deposit at the company’s Mt Mulcahy project in Western Australia. Pegasus said the results confirm Mt Mulcahy hosts high-grade copper-rich polymetallic volcanogenic massive sulphide (“VMS”) mineralisation. […]

Scoping Study supports Blackthorn’s Kitumba confidence

THE BOURSE WHISPERER: Blackthorn Resources (ASX:BTR) has had a scoping study completed for the company’s 100 per cent-owned Kitumba project located in Zambia, which hosts the Kitumba resource. The Study was based on a recently completed geological model by MSA Group ,which estimated 439 million tonnes of in situ ore at a 0.25 per cent […]

Sandfire close to commissioning Degrussa processing facility

THE BOURSE WHISPERER: Sandfire Resources (ASX:SFR) has commenced the commissioning process for the 1.5 million tonnes per annum processing facility at the company’s 100 per cent-owned DeGrussa copper-gold project in Western Australia.   Source: Company announcement   Sandfire said the commencement of commissioning of the DeGrussa Concentrator within 12 months of the contractor mobilising to […]

This week at The Roadhouse

Ladies Night at The Roadhouse took on a particularly strange tone this week when former Prime Minister K Rudd entered the bar. After we explained that our regular Tuesday ‘Ladies Night’ was a bit different to the one he famously experienced in New York before being elected to the top job some years ago, he […]