Entries by Wally Graham

Sirius extends Conductor 1 and finds conductor 4

THE BOURSE WHISPERER: Fraser Range ‘neighbour of the year’ Sirius Resources has concluded a detailed electromagnetic (EM) surveying at its Nova nickel discovery, which the company said has confirmed and extended the main EM conductor (conductor 1) and also identified an entirely new EM conductor to the southwest of previous drilling. The new conductor, known […]

Time to get Sirius

The recent stellar performance of Sirius Resources from 5.7 cents to yesterday’s high of $1.25 has shown there is plenty of life left in the junior exploration sector. Not only do we now know that major hits will be rewarded, the best news is that the fear of missing out (FOMO) is also alive and […]

Australian mining sees light on the Dark Continent

A BIG STORY: Hillary Clinton’s recent tour of Africa may well been seen as a consequential step for the future of Australian mining on the resources-rich continent. For, while the story of Chinese mining ambitions in Africa is well-known, it is becoming apparent that Australia also has an important role to play. The United States […]

Richard Beazley – Peak Resources

The Roadhouse was paid a visit by rare earth exploration play Peak Resources managing director Richard Beazley.   Peak Resources listed in November 2006, was that on the back of the Ngualla rare earths project? No. When Peak listed the then Board was focused on a number of gold exploration leases in Australia. When current […]

Horseshoe drilling brings more good luck

THE DRILL SERGEANT: Horseshoe Metals has received results from an ongoing drilling campaign at the company’s 100 per cent-owned Horseshoe Lights copper-gold project, located in the Peak Hill Mineral Field of Western Australia. According to the company the drilling has continued to intersect shallow high-grade copper mineralisation immediately north of the historic Horseshoe Lights open […]

IMX inks MOU with Flinders Ports

THE BOURSE WHISPERER: IMX Resources has signed a Memorandum of Understanding (MOU) with Flinders Ports. The MOU will investigate the feasibility for development of a port solution at Port Pirie to support the development of the company’s 100 per cent-owned Snaefell magnetite project in South Australia. IMX said the MOU with Flinders Ports was an […]

Wasabi raises Carbon stakes

THE BOURSE WHISPERER: Wasabi Energy has increased its stake in AAP Carbon from the 25 per cent it purchased in March this year to 62.5 per cent. Wasabi’s power business is based on its proprietary Kalina Cycle® power generation technology which utilises low grade, waste heat from industrial facilities or geothermal sources to produce electricity. […]

Laconia identifies new targets at Rasuhuilca

THE BOURSE WHISPERER: Laconia Resources has received encouraging results from the company’s 100 per cent-owned Rasuhuilca gold-silver project in Peru. Laconia has conducted a review of surface and underground channel sampling data, which has revealed an extension to a high-grade silver zone at the Rasuhuilca vein. The recent activity has enabled the company to identify […]

Pioneer to follow up gold results at Juglah Dome

THE DRILL SERGEANT: Kalgoorlie-focused gold and base metals explorer Pioneer Resources has resumed drilling at the company’s 100 per cent-held Juglah Dome gold project, located southeast of Kalgoorlie in Western Australia. The program is set to drill 150 rotary air blast (RAB) holes to test for continuity between the priority Moonbaker and John West prospects, […]

Marengo strengthens ‘starter’ zone at Yandera

THE DRILL SERGEANT: Marengo Mining has received a series of broad, near-surface high-grade copper intersections from drilling being undertaken at the company’s Yandera copper-molybdenum-gold project in Papua New Guinea. The latest results come from the project’s Omora and Imbruminda zones and form part of an ongoing program of resource in-fill drilling being undertaken at Yandera. […]