Entries by Wally Graham

Discovery releases first Inferred Resource at Zeta NE

THE BOURSE WHISPERER: Discovery Metals has completed the first Mineral Resources estimate for the Zeta NE deposit. The Zeta NE prospect is located in the Boseto Zone of the Kalahari Copperbelt in north western Botswana approximately 11 kilometres from the company’s 100 per cent-owned Boseto copper project concentrator. This is the first estimate of Mineral […]

ABM Resources extends Buccaneer

THE DRILL SERGEANT: ABM Resources has announced further results of extensional drilling being conducted at the company’s 2.67 million ounce gold Buccaneer porphyry deposit, located in the Northern Territory. The Buccaneer porphyry gold deposit is situated within the company’s Twin Bonanza gold project, which also includes the Old Pirate high-grade gold deposit. The 2012 field […]

Breakaway ready to run maiden Resource numbers

THE DRILL SERGEANT: Breakaway Resources is about to commence work on a maiden JORC compliant resource estimate for the company’s Sandy Creek copper-gold prospect, located south-east of Cloncurry in North Queensland. The estimate calculation follows the receipt of results from a recent 10-hole Reverse Circulation (RC) drilling program completed in June, which the company said […]

Peak hits high-grade REO at Ngualla

THE DRILL SERGEANT: Peak Resources has scored a number of new high-grade rare earth mineralised intersections from surface at the company’s 100 per cent-owned Ngualla rare earth project in Tanzania. The company claims the project to be the fifth largest rare earth project in the world outside of China. Peak’s latest drilling at Ngualla has […]

Ventnor makes high-grade copper discovery

THE DRILL SERGEANT: Ventnor Resources has claimed the discovery of a significant high-grade zone of strong bornite copper mineralisation at the company’s Thaduna/Green Dragon copper project. The Thaduna/Green Dragon project is located north of Meekatharra, Western Australia, in the Doolgunna district, 40 kilometres east of the DeGrussa project of Sandfire Resources. High-grade intersections from the […]

Drake Resources secures Norwegian rights

THE BOURSE WHISPERER: Drake Resources has acquired exploration rights to around 100 square kilometres of prospective copper and zinc ground in the Grong District of Nord Trondelag in Norway known as the Gjersvik project.   Drake claims relative to geology and mine locations Joma Naeringspark claims outlined with dashed line. Source: Company announcement   The […]

Focus scores strong results at Burtville

THE DRILL SERGEANT: Focus Minerals has recorded a number of high-grade results from drilling underway at the Burtville mining centre in Laverton. Focus said the drilling has confirmed depth extensions to the existing pit floor and expansion beyond the current pit shape. Focus has been drilling a Mineral Resource definition program of 142 RC holes […]

Foyson confirms Atui porphyry system

THE DRILL SERGEANT: Foyson Resources has claimed to have confirmed the presence of a substantial mineralised porphyry system via drilling conducted at the company’s Atui porphyry prospect in south New Britain, Papua New Guinea. The results stem from the company recently re-commencing of drilling a hole at 152.6 metres, which it has now progressed to […]

White Rock gets thumbs up at Mt Carrington

THE BOURSE WHISPERER: White Rock Minerals has completed a scoping study on the Mt Carrington gold-silver project in northern New South Wales. The company said the results of the study have confirmed the potential for a medium‐scale low cost production profile of 40,000 ounces of gold equivalent per annum with strong financial returns. This is […]

Sirius confirms grade-width copper at Nova discovery

THE DRILL SERGEANT: Sirius Resources has undertaken preliminary XRF analysis of the sulphide zones intersected in further holes undertaken at the company’s market-jolting Nova nickel discovery. These holes were drilled, at what the company described to be, a considerable distance either side of the discovery hole at Nova, which intersected 4 metres at 3.8 per […]