Entries by Wally Graham

What the Brokers say

THE BOURSE WHISPERER: We received a diversified group of research notes this week looking at companies exploring for commodities ranging through molybdenum, gold, uranium and tungsten. Dart Mining (ASX:DTM) Dart Mining has announced highly encouraging drilling results from its 20-hole resource upgrade drilling program at the Unicorn molybdenum-copper-silver porphyry project in Victoria. The latest drilling […]

Silex to power up in Saudi Arabia

THE BOURSE WHISPERER: Solar Systems, a wholly-owned subsidiary of ASX-listed Silex Systems has commenced construction of a one (1) mega-watt (nominal) Concentrating Photovoltaic (CPV) solar power station at the Nofa International Equestrian Resort in the Kingdom of Saudi Arabia. This is the first project to be undertaken by the company in the Middle East region. […]

Cassini makes early move on Nevada exploration

THE BOURSE WHISPERER: Cassini Resources has commenced exploration activity on all three of the company’s projects, located in Nevada in the United States. The company has kicked off its North American exploration activities ahead of the schedule, saying it expects to advance each of these projects significantly over the next six months. Cassini considers its […]

Australian Uranium Conference

Subscribers to The Resources Roadhouse who are retail investors have been offered free admission to the Australian Uranium Conference by organisers Vertical Events. To take advantage of the offer you must pre-register by contacting prue@verticalevents.com.au The Australian uranium industry has consolidated in the past year and is looking forward to better times, with an upswing […]

MOD increases Sams Creek estimate

THE DRILL SERGEANT: MOD Resources has increased the inferred mineral resource estimate for the company’s Sams Creek gold project in New Zealand by 33 per cent. The new JORC-compliant inferred resource estimate for Sams Creek now stands at 18.65 million tonnes at 1.71 grams per tonne gold, at 0.7grams per tonne cut-off to a revised […]

Phoenix Gold strengthens Castle Hill

THE DRILL SERGEANT: Phoenix Gold has increased its Total Mineral Resources to 32.4 million tonnes at 1.8 grams per tonne gold for 1.835 million ounces of gold. This represents an increase of 208 per cent since the company acquired the project in 2010. The upgrade includes increases to resources at the company’s Castle Hill project […]

Green Rock scores WA Government funding

THE BOURSE WHISPERER: Geothermal play Green Rock Energy has received notice from Western Australia Minister for Environment and Water Bill Marmion that its application for Low Emissions Energy Development (LEED) funding for its Mid West Geothermal Power Project has been successful. Green Rock had applied for, and has received all of, $5.38 million. The company […]

Middle Island cuts out assay middle man

THE BOURSE WHISPERER: The frustration being caused by delays on assay results felt by companies exploring in West African nations has reached breaking point for Middle Island Resources. After doing a bit of shopping around for the best equipment available Middle Island has ordered a dedicated, fully equipped, containerised sample preparation laboratory from South Africa. […]

Octagonal processing gold at Porcupine Flats

THE BOURSE WHISPERER: Octagonal Resources has commenced processing gold-bearing ore from the A1 gold mine at the company’s Porcupine Flat gold processing facility at Maldon in Central Victoria.   Location of the A1 gold mine with respect to Maldon. Source: Company announcement   The A1 gold mine historically produced more than 450,000 ounces of gold […]

FMG launches MRRT challenge

THE BAR EXAMINER: The gloves are off and the Australian Law Society is set to establish a third tier to the existing two-speed economy. The big smiles beneath the wigs came as Andrew Forrest’s Fortescue Metals Group lodged a challenge in the High Court of Australia today against the Federal Government’s Mineral Resources Rent Tax […]