ALL THE NEWS
Caravel strikes new Farm-In for Calingiri
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Caravel Minerals (ASX: CVV) has received a pat on the back from one of its main shareholders, First Quantum Minerals, in the form of a Farm-in Agreement for the company’s flagship Calingiri copper-molybdenum project in Western Australia. Under the terms of the agreement, First Quantum has the right to contribute $3.6 million […]
Down came a Jumbuck
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: A merger of ASX-listed stalwarts Trafford Resources and IronClad Mining has resulted in the creation of Tyranna Resources (ASX: TYX) In project terms, Trafford Resources brought a great deal of value to the merged entity, in the form of a portfolio representing some nine years of exploration prospect accumulation, boasting an independently-rated […]
Gold Road takes Gruyere over 5 million ounce mark
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has released an updated JORC Code 2012-compliant Mineral Resource estimate for the Gruyere deposit on the Dorothy Hills Trend at Yamarna, Western Australia. The new Mineral Resource has come in at 137.81 million tonnes at 1.24 grams per tonne gold for a total of 5.51 million ounces […]
Australian Bauxite claims new Portside discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Australian Bauxite (ASX: ABX) has claimed discovery of a new bauxite production area after receiving high-grade assays from drill hole samples into the PR-18 bauxite deposit located north of Launceston and close to the Bell Bay export port, in northern Tasmania. The company said the results had demonstrated mainly high-grade, direct shipping […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Drilling scheduled for Zanthus Rumble Resources (ASX: RTR) has scheduled its maiden drilling program at the company’s Zanthus project in the Fraser Range of Western Australia where it […]
The Key Factors Driving Gold: Part 2
/in Uncategorized /by Wally GrahamGAVIN WENDT: Part two of Gavin’s look at the positive factors are driving gold’s resilience. China Remains the World’s No 1 Gold Purchaser The latest GFMS data shows China maintaining its No. 1 position in terms of gold purchases for 2014. Significantly, GFMS notes that Chinese imports of gold and deliveries from the Shanghai Gold […]
Ramelius Board approves Vivien gold mine
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The nodding heads surrounding the Boardroom table of Ramelius Resources (ASX: RMS) has given the go-ahead for commencement of mining at the company’s Vivien gold project, located near Leinster in Western Australia. The company said the approval to commence mining at the Vivien gold mine rounds-out the implementation phase of its new […]
Horseshoe Metals encounters encouraging copper in first drill samples
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) appears happy with the first results it has received from resource drilling underway at the company’s 100 per cent-owned Horseshoe Lights copper/gold project in Western Australia. To date 947 metres of Reverse Circulation (RC) drilling in six holes has been completed. Horseshoe has taken receipt of assay results […]
KBL Mining commences development of Pearse gold deposit
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: KBL Mining (ASX: KBL) has commenced development works at the Pearse Open Cut, within the company’s Mineral Hill project in New South Wales. KBL said production is scheduled commence in August 2015 with operations initially focusing on extraction of transitional and sulphide ore, which will be processed through the existing mill flotation […]
Valence achieves very coarse graphite flake production at Uley
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Valence Industries (ASX: VXL) has produced a graphite product mix including larger proportions of large flake graphite than expected from metallurgical analysis at the company’s Uley graphite plant during the first stage of the commissioning. Valence said it was pleased with the results indicating the larger flake graphite generally commands a higher […]