Entries by Wally Graham

Laconia upgrades Lennons Find Resource

THE BOURSE WHISPERER: Perth based exploration company Laconia Resources has upgraded the Mineral Resource at the company’s Lennons Find base metals project, in the eastern Pilbara region of Western Australia.   Lennons Find Resource location plan. Source: Company announcement   The total updated Mineral Resource for Lennons Find now stands at is 1.85 million tonnes […]

Northern Star hits potential Paulsens replica

THE DRILL SERGEANT: Northern Star Resources has received results from drilling conducted alongside its Paulsens gold deposit in Western Australia, which it says provide strong evidence of the potential to replicate its richness. The company has taken delivery of assays of up to 14 grams per tonne from a drilling campaign undertaken on the recently […]

Reed increases Meekatharra gold Reserve

THE BOURSE WHISPERER: Australian diversified resources company Reed Resources has increased the Gold Reserve inventory at the company’s Meekatharra gold project by 40 per cent. Reed said the headline increase in total Reserves to 750,800 ounces of gold from 533,700 ounces had been achieved through the company’s continued geological evaluation of its assets as well […]

Australia may have resources but it doesn’t have enough resources

The resources Australia has in the ground are plentiful but the human resources to develop the operations to dig them up are sparse in comparison. A new study has raised the distress flag on Australia’s ageing technical workforce and competition from other resource developing countries as key threats to the mining industry’s workforce requirements.   […]

Consider the companies getting on with ‘Business as Usual’

There There has been so much news and commentating about deteriorating world events both economically and politically that I thought it would be good to think about the companies and people that have impressed me as a private investor over the past year. The share prices of some of these companies have been sold down […]

Rex highlights Hillside extension potential

THE DRILL SERGEANT: Assay results from infill drilling and new extensions at Rex Minerals’ 100 per cent-owned Hillside copper project on the Yorke Peninsula in South Australia have highlighted potential for shallow extensions to the Hillside Mineral Resource. Rex Minerals said encouraging results were beginning to emerge from areas it had previously modelled as being […]

Emmerson strikes high-grade Goanna copper

THE DRILL SERGEANT: Drilling carried out by Emmerson Resources towards the end of last year at its 100 per cent-owned Goanna project at Tennant Creek has returned further high-grade copper results. According to Emmerson the drill hole intersected a continuous, thick zone of high-grade copper and localised gold.   Goanna cross section and recent intersections. […]

Segue ready to make next move

THE DRILL SERGEANT: Segue Resources has received results from a recent drilling program carried out at the company’s Emang manganese project in South Africa. A previous drilling campaign focussed on areas of outcropping manganese mineralisation, which was intersected in 80 per cent of all drill holes, with most intersections starting less than 15 metres below […]

Hillgrove receives first Kanmantoo revenue

THE BOURSE WHISPERER: Hillgrove Resources has completed an important milestone for the company by taking receipt of it first revenue from the sale of copper concentrate from the company’s Kanmantoo copper mine in South Australia. The transaction was completed with the concentrate being purchased by J P Morgan Metals and Concentrates LLC (JPMMC), under the […]

AMMG kicks off Southdown drilling

THE DRILL SERGEANT: Australia Minerals and Mining Group (AMMG) has commenced its first round of drilling at the company’s 80 per cent-owned Southdown Extension iron ore project, located in south-Western Australia. AMMG acquired the 80 per cent interest in the West Southdown project, situated approximately 80 kilometres from the town and port of Albany, from […]