ALL THE NEWS
Red, White and Blue – or perhaps just Red will do.
/in Uncategorized /by Wally GrahamTHE CONFERENCE CALLER: At the end of another resources conference season, the question to be answered is no longer ‘Are we there yet?’, rather, ‘Who do we believe can lead us out of the mire?’ Leading off at the recent Brisbane Mining 2015 Conference, Westpac Institutional Bank director of Economics Justin Smirk took the gathered […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our team of experts run their eyes over Thundelarra limited and Doray Minerals. Website: www.breakawayresearch.com Thundelarra Limited (ASX: THX) Ongoing work by Thundelarra continues to confirm the prospectivity of its key projects, with recent drilling returning positive results at several projects. In addition to copper intersections in drilling at […]
Arafura Resources slices $244M off Nolans CAPEX
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Arafura Resources (ASX: ARU) has reduced the estimated capital expenditure (CAPEX) for the company’s 100 per cent-owned Nolans rare earths (RE) project in the Northern Territory. The total initial CAPEX for the Nolans project is now estimated at $1.193 billion (or US$835 million at A$1 = US$0.7) inclusive of 20 per cent […]
Blackham Resources hits new gold zone at Williamson
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources (ASX: BLK) has hit a new shallow high-grade zone of oxide mineralisation whilst completing the first round of drilling on the Williamson deposit, which is part of the company’s Matilda gold project, near Wiluna in Western Australia. Blackham completed a program of 19 RC holes, which it claims has discovered […]
Doray Minerals extends Wilber Lode mineralisation
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Doray Minerals (ASX:DRM, Doray) has extended the zone of high-grade gold mineralisation to the north of the existing Wilber Lode Ore Reserve boundary via recent recent underground diamond drilling undertaken at the Andy Well gold project in Western Australia. The company said the results indicate potential for further extensions to the Wilber […]
Vimy Resources PFS confirms Mulga Rock status
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has had a Pre-feasibility Study completed on the company’s Mulga Rock project (MRP). The PFS was undertaken by Amec Foster Wheeler Australia and AMC Consultants and included an economic evaluation the company said supported its view of the MRP to be one of the best undeveloped uranium projects […]
Breaker Resources identifies gold lodes at Lake Roe
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Breaker Resources (ASX: BRB) has identified multiple gold lodes at the company’s 100 per cent-owned Lake Roe gold project, located east of Kalgoorlie, between the Karonie and Karari-Carosue Dam gold deposits. The company completed a 181 hole program of aircore drilling early this month, targeting a two kilometre-long, structurally complex part of […]
Rox Resources returns more encouraging zinc results from Teena drilling
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has reported a further first-rate drill result from diamond drilling being undertaken at the Teena zinc prospect, which forms part of the Reward project in the Northern Territory. Hole TNDD020 was recently drilled on the same north-south section as earlier holes TNDD021 and TNDD014. TNDD020 intersected further high-grade […]
Peel Mining confirms new copper hits at Mallee Bull
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Peel Mining (ASX: PEX) has received assay results from recent extensional drilling carried out at the company’s 50 per cent-owned Mallee Bull project near Cobar in Western New South Wales. Peel said the results had confirmed a considerable new copper mineralised intercept on the northern edge of the project’s current mineral resource […]
Metals of Africa releases Montepuez Central maiden graphite Resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Metals of Africa (ASX: MTA) announced a maiden JORC 2012 Mineral Resource estimate for the company’s Montepuez Central graphite project, located in the Cabo Delgado graphite province of Mozambique in East Africa. The total Resource has been calculated at: 61.6 million tonnes at 10.3 per cent total graphitic carbon (TGC) and 0.27 […]