Entries by Wally Graham

Lady Mary presents Malachite Resources with good tidings

Malachite Resources (ASX:MAR) has received assays of samples taken from the Lady Mary prospect at the company’s Lorena gold project, located near Cloncurry in northwest Queensland. According to the company the results have confirmed Lady Mary to be a promising new, gold-rich, copper-gold find, returning impressive gold assays in surface samples, including one of 102 […]

Monax confirms high-grade coarse-flake graphite at Waddikee

THE DRILL SERGEANT: Monax Mining (ASX:MOX) has received laboratory assay and petrology results from samples provided from the Wilclo South prospect at the company’s Waddikee project located on the northern Eyre Peninsula of South Australia.   Location of the Waddikee project, central Eyre Peninsula, highlighting other graphite and iron projects within the region. Source: Company […]

More silver hits signal resource upgrade for Balamara

THE DRILL SERGEANT: Balamara Resources (ASX:BMB) has started working up an updated JORC Mineral Resource for the company’s Montenegro base metals project, affectionately known as Monty, in Central Europe.   Balamara’s Central European project locations. Source: Company announcement   The calculators and slide rules were put to work after the company received results from drilling […]

Ramelius hits new high-grade gold at Mt Magnet

THE DRILL SERGEANT: Ramelius Resources (ASX:RMS) has intersected further high-grade gold mineralisation while conducting new drilling below historic open pit areas at the company’s wholly-owned producing Mt Magnet gold mine in Western Australia. Results received to date from reverse circulation (RC) drilling under the Water Tank Hill pit, include: –    14 metres at 5.56 grams […]

Exco confirms 181 per cent copper upgrade at Turpentine

THE DRILL SERGEANT: Exco Resources (ASX:EXS) has completed an updated JORC-compliant resource for the Turpentine copper-gold deposit located north of Cloncurry in Northwest Queensland. The Turpentine deposit forms part of the company’s Hazel Creek project and was identified as an iron-oxide-copper-gold (IOCG) target by Exco in early 2000.   Northwest Queensland tenement map highlighting Exco’s […]

Southern Hemisphere increases Llahuin resource

THE DRILL SERGEANT: Southern Hemisphere Mining (ASX:SUH) (TSXV:SH) has increased the resource inventory for the company’s Llahuin copper project, located north of Santiago in central Chile. Southern Hemisphere said recent drilling undertaken at Llahuin had also outlined a high-grade core with the potential to significantly enhance project economics. The company said the resource upgrade supports […]

Breakaway delivers Sandy Creek maiden

THE BOURSE WHISPERER: Breakaway Resources (ASX:BRW) has reported a maiden JORC Code-compliant Mineral Resource estimate for the company’s Sandy Creek copper-gold project, located south-east of Cloncurry in North Queensland.   The maiden Inferred Resource comprises: –    2.06 million tonnes at 1.42 per cent copper and 0.33 grams per tonne gold containing 29,400 tonnes of copper […]

Scoping Study gives thumbs up to Platina Resources’ Owendale project

THE BOURSE WHISPERER: Platina Resources (ASX:PGM) has received the results of a recently-completed Scoping Study at the company’s wholly-owned Owendale scandium project in New South Wales.   The Scoping Study has returned positive project economics for the Owendale project, including: –    Confirmation of an economic and technical viability of a combined platinum and scandium mining […]

Antipa loads up Magnum

THE DRILL SERGEANT: Antipa Minerals (ASX:AZY)has received assay results for a Phase 1 diamond drilling program conducted at the company’s Magnum prospect in northern Western Australia. The company has received assays results for seven diamond drillholes, which it said has extended gold-copper-silver mineralisation 400 metres to the north and 600 metres to the south of […]

Pluton calculates Cockatoo resources and reserves

THE BOURSE WHISPERER: Pluton Resources (ASX:PLV) has announced an initial JORC Code-compliant Mineral Resource and Ore Reserve statement for the company’s 100 per cent-owned Cockatoo Island iron ore project in Western Australia. Highlights of the statement include: –    Seawall Hematite Member Indicated Mineral Resource of 3.9 million tonnes (Mt) at 68.8 per cent iron (at […]