ALL THE NEWS
IronClad and Trafford merge Wilcherry projects
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: One managing director who will be eager to present at next week’s RIU Sydney Resources Round-up is Trafford Resources’ (ASX: TRF) Ian Finch. By the time he arrives at the podium, however, Finch will be wearing his IronClad Mining (ASX: IFE) helmet and will, no doubt, be biting at the bit to […]
Azure increases Promontorio with Cascada maiden
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a maiden JORC 2012-compliant Mineral Resource for the Cascada copper-gold-silver deposit, which has upgraded total mineral resource for the Promontorio project in Mexico. The maiden Cascada Mineral Resource has come in at: 2.06 million tonnes at 1.9 per cent copper equivalent (0.9% copper, 1.6g/t gold, 27g/t […]
Tawana Resources claims new DSO mineralisation discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Tawana Resources (ASX: TAW) has claimed discovery of new high-grade mineralisation at the company’s 100 per cent-owned MEL1223/14 Mofe Creek South licence in Liberia. The recently-acquired Zaway South prospect has delivered grades of up to 61.6 per cent iron Direct Shipping Ore (DSO) mineralisation, and coarse-grained, friable itabirite mineralisation over a strike […]
Gold Road pleased with Gruyere metallurgical test work results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has completed comminution and gold metallurgical extraction test programs on mineralised rock samples from the company’s Gruyere gold project in Western Australia. The metallurgic test work is part of a Pre-Feasibility currently underway at Gruyere. The company said the current results have confirmed assumptions used in the […]
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 Commenced Encounter Resources (ASX: ENR) has commenced diamond drilling at the Yeneena project in Western Australia. This first diamond drilling of 2015 commenced at BM7 and will […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.breakawayresearch.com Company: Linclon Minerals Limited (ASX: LML) Having recently lodged the Mining Lease application, Lincoln is looking towards developing its 100 per cent-owned Kookaburra Gully graphite project located on the southern Eyre Peninsula in South Australia, with production targeted for […]
Save a life, before it becomes a lifetime
/in Uncategorized /by Wally GrahamRED SHIELD APPEAL 2015: There is something remarkably familiar and reassuring about hearing a Salvation Army Band playing Onward Christian Soldiers. I can never put my finger on what it is, but there is something about the way all Salvo Bands play this tune that, even when you can’t see them, you know they’re there. […]
Phosphate Australia gives Mercantile offer the bum’s rush
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Phosphate Australia (ASX: POZ) has come out swinging in response to a revised on-market takeover offer by Mercantile Investment Company Limited (ASX: MVT). The company has encouraged its shareholders to firmly reject the revised offer price of 2.2 cents per share (up from the original offer of 2 cents per share). Phosphate […]
Vimy Resources completes MRUP Scoping Study
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Vimy Resources (ASX: VMY) has received results of a Scoping Study for the company’s Mulga Rock uranium project (MRUP) in Western Australia. The Study by Amec Foster Wheeler Australia and Coffey Mining included a preliminary economic evaluation, which concluded the project to be economic at current long-term contract prices for uranium. Key […]
Gryphon Minerals confirms continuity and grades at Banfora
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Gryphon Minerals (ASX: GRY) has reported results of recently completed shallow reserve drilling at the company’s 3.6 million ounce Banfora gold project in Burkina Faso. The drilling was designed to target shallow oxide material within the company’s existing pit designs on a mining grade control pattern in preparation for mine commencement. Gryphon […]