Entries by Wally Graham

Discovery finds latest results encouraging

THE DRILL SERGEANT: Discovery Metals has been encouraged by recent drilling results obtained from the first five diamond drill holes of a 12 hole program currently underway at the company’s Zeta North East prospect. The targeted prospect is situated within the company’s 100 per cent-owned Prospecting Licences in the Kalahari Copperbelt in north west Botswana. […]

Hot Rock granted South American tenement

THE BOURSE WHISPERER: Hot Rock has expanded its South American geothermal exploration portfolio via the recent granting of the Turu geothermal tenement located in Southern Peru. The granting of the Turu tenement brings the company’s holding in Peru to four granted tenements, in addition to its 13 tenements in Chile.   Locations in Peru of […]

Artemis completes Yandal review

THE BOURSE WHISPERER: Artemis Resources has completed a review of the geological setting, geophysics and drilling data from its Yandal gold project, located in Western Australia. The review was conducted by the company with the objective of locating targets with potential for over one million ounces of gold. Artemis said, the review has enabled it […]

Red Gum lists and drills

THE DRILL SERGEANT: Red Gum Resources has celebrated its first day of trading as an ASX-listed entity by announcing it has commenced drilling at its La Negra lead-zinc-silver project, located in northern Chile.   Location map of the La Negra area. Source: Company announcement “With listing today on the ASX, it gives us great pleasure […]

Blackthorn strikes wide copper mineralisation

THE DRILL SERGEANT: Blackthorn Resources is conducting a Phase 5 drilling program at its Mumbwa project in Zambia where the company is targeting a large Iron Oxide Copper Gold (IOCG) style of mineralisation. The Phase 5 program is planning to drill 16 targets over the company’s Kitumba mineral resource area, and two ‘scout’ holes on […]

Aruma hits new mineralised zones

THE DRILL SERGEANT: Western Australia-based gold exploration company Aruma Resources has identified two new mineralised zones on its tenements. The company has returned anomalous gold intercepts from its Jundee South project located 60 kilometres east of Wiluna on the Jundee-Gourdis-Bronzewing trend in the Eastern Goldfields region. It has also reported anomalous nickel and copper results […]

Exterra announces positive results from Zelica

THE DRILL SERGEANT: Exterra Resources has received results from drilling undertaken at the company’s Zelica gold project. Best results from the drilling include: –    7 metres at 4.90 grams per tonne gold from 26 metres; –    4m at 5.35 g/t gold from 11m; –    5m at 2.95 g/t gold from 37m; and –    5m at […]

Wolf receives UK government support

THE BOURSE WHISPERER: ASX and AIM-listed specialty metal exploration and development company Wolf Minerals has received formal United Kingdom Government support for the development of its Hemerdon Tungsten and Tin project in Devon, in Southwest England.   Location of the Hemerdon project. Source: Company The support came directly from the UK Minister of State for […]

Golden Rim hits good gold in Burkina Faso

THE DRILL SERGEANT: Golden Rim Resources has struck high-grade gold intersections from the third program of reverse circulation drilling carried out on its Balogo project in Burkina Faso. The Phase 3 program comprises 30,000 metres of drilling with 61 holes completed so far for an aggregate of 7,658m. Golden Rim has received assays for the […]

Scandinavian updates exploration target at Altavaara

THE DRILL SERGEANT: Scandinavian Resources has informed the market of a JORC compliant Exploration Target update for the Altavaara prospect, which is part of the company’s Kiruna iron project located 1,300 kilometres north of Stockholm in Sweden. Altavaara is one of a number of iron prospects within Kiruna Iron AB’s expanding Kiruna Hub.   Source: […]