ALL THE NEWS
Gold Road increases Gruyere and becomes totally JORC-2012 compliant
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has completed a JORC 2012-compliant update to the company’s 100 per cent-owned Yamarna Belt Mineral Resources. The company explained that all open pit Mineral Resources are constrained within $1,600 per ounce gold optimised pit shells. Gold Road made particular note that the update means it no longer […]
Azure Minerals claims new Mexican silver discovery
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has claimed to have made a high-grade silver discovery at the company’s Alacrán project in Mexico. Azure drilled four holes at the Mesa de Plata prospect as part of a 14-hole Reverse Circulation (RC) program over the wider Alacrán property. According to Azure these holes intersected thick zones […]
Fear and Loathing or an Opportunity?
/in Uncategorized /by Wally GrahamROADHOUSE REGULAR: This week I will offer a few observations on the current state of both the stock and commodities markets, and also share some thoughts about what is being looked at. Firstly, please have a look at the following chart. This shows major metals prices and the ASX Small Resources Index (XSR) from early […]
Metalicity satisfies ASX listing rules with completion of Admiral Bay acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metalicity Limited (ASX: MCT) informed the market that the company has completed the acquisition and associated funding of the Admiral Bay zinc project and Rocky Gully nickel-copper project. The project acquisitions and funding arrangements were part of re-compliance requirements with Chapters 1 and 2 of the Australian Securities Exchange Listing Rules in […]
Impact Minerals fills Rights Issue book to raise $1.9M
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Impact Minerals (IPT: ASX) announced a 100 per cent take-up of its recent rights issue, raising $1.9 million, after costs. The company said the proceeds would combine with recent previous cornerstone financial support the company has received to provide exploration funding potentially worth up to $9.3 million. The rights issue follows the […]
Blackham Resources confirms high-grades at Golden Age Reef
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Blackham Resources’ (ASX: BLK) maiden drill program into the Golden Age Reef, at the company’s Matilda gold project near Wiluna in Western Australia keeps on delivering the goods. According to the company the latest results from drilling of the central portion of the deposit have confirmed the high-grade nature of the Golden […]
Kibaran Resources ups Tanzanian graphite production targets
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Kibaran Resources (ASX: KNL) has completed an updated production growth strategy for the company’s main flagship projects in Tanzania in East Africa. The upshot from the update is an increase in potential graphite concentrate tonnages per annum from Kibaran’s Epanko and Merelani-Arusha graphite projects, demonstrating they have potential to produce a combined […]
Ramelius Resources claims new Mt Magnet gold discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Ramelius Resources (ASX: RMS) has claimed discovery of high-grade gold mineralisation while drilling its first deeper exploration drill hole below the company’s Milky Way open pit, located southwest of the Checker gold mill at Mt Magnet in Western Australia. Ramelius drilled a single deep exploration drill hole below Milky Way, down dip […]
Cassini Resources hits strong conductors at One Tree Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received assay and down-hole EM surveying results from a recently completed diamond hole CZD0008, undertaken on the One Tree Hill prospect, located within the company’s 100 per cent-owned West Musgrave project in Western Australia. Cassini said down-hole EM (DHEM) surveying of CZD0008 at the One Tree Hill […]
Minotaur Exploration announces Sandfire Resources to continue Altia earn-in
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Minotaur Exploration (ASX: MEP) advised the market that Sandfire Resources (ASX: SFR) has indicated its intention to continue sole funding exploration at the Altia project near Cloncurry in Queensland. This takes Sandfire into a second earn-in period with the objective of earning the right to acquire an 80 per cent interest through […]