Entries by Wally Graham

Tandarra tingles Navarre nerves

THE DRILL SERGEANT: Stawell‐based Victorian gold exploration company, Navarre Minerals has struck a further high‐grade gold intercept from air‐core drilling at its Tandarra prospect, located 40 kilometres north of Bendigo. The company said the AC hole intersected a peak assay of: –    1 metre at 26.2 grams per tonne gold within a 12 metre down‐hole […]

Breakaway drills Sandy Creek

THE DRILL SERGEANT: Follow-up drilling conducted by Breakaway Resources at the company’s Sandy Creek copper-gold prospect in North Queensland has returned encouraging copper-gold intersections. The company said it considered the results confirm the continuity of the mineralisation and highlight potential for extensions both along strike and down-dip. Breakaway has received assay results for the first […]

Goldminex sorts PNG drill targets

THE DRILL SERGEANT: Recent trenching work carried out by Goldminex Resources at its Unebu prospect in Papua New Guinea has produced encouraging rock chip copper and gold assays, the company said is typical of porphyry copper-gold deposits. Unebu is one of the company’s eight key prospects located within areas totalling 11 square kilometres that Goldminex […]

Terranova begins field work

THE BOURSE WHISPERER: Terranova Minerals has kicked off field based exploration at its Peninsula gold project, located in Norseman, Western Australia. The company said the initial focus for the campaign is to help it gain an understanding of the controls and extent of the gold mineralisation at Peninsula. The company will be utilising Mobile Metal […]

Dragon drills encouraging gold intercepts

THE DRILL SERGEANT: Dragon Mining has received the final results from the fourth phase of drilling it has undertaken on the Juomasuo deposit at the company’s Kuusamo gold project in northern Finland. The results received by Dragon include analysis for the last six holes in this campaign, which have returned encouraging gold intercepts including: –   […]

Coventry readies Cameron for update

THE DRILL SERGEANT: Coventry Resources has received analytical results from a recently completed drilling program carried out at the company’s Cameron gold project in Ontario, Canada. The latest results are for 34 of the 35 outstanding holes from the program, which comprised a total of 299 holes for 44,135 metres. These holes were drilled in […]

Minbos tables Cacata scoping study

THE BOURSE WHISPERER: Africa-focused phosphate developer Minbos Resources has received the results of a scoping study recently conducted by CRU Strategies on the Cacata project, located within the company’s Cabinda project area in the Republic of Angola. Cacata contains an indicated resource of 33.9 million tonnes with average phosphate content of 15.75% including 22.5 million […]

Coalspur increases Vista outlook

THE BOURSE WHISPERER: Dual-listed (ASX and TSX) Coalspur Mines has increased the forecast marketable coal production from its Vista coal project in Canada. The forecast production for Vista has been increased to 11.2 million tonnes of coal per annum as part of the ongoing Bankable Feasibility Study. This represents a 24 per cent increase over […]

IronClad moves a big step closer

South Australia-focused iron ore developer IronClad Mining (ASX:IFE) has taken one giant leap towards becoming Australia’s next iron ore mining company. The giant leap came in the form of the regulatory step of the granting of a Mining Lease Proposal (MLP) by the South Australian Government. The MLP effectively presented the company with the go-ahead […]

Northern Minerals continues HREO success

THE DRILL SERGEANT: Northern Minerals continues to achieve Heavy Rare Earth Element (HREE) exploration success at its Browns Range project in northern Western Australia. The company has said the latest assay results it has received from the project have confirmed its “best yet” intersections of Heavy Rare Earth Oxides (HREO). The latest assays include some […]