ALL THE NEWS
Rox hits more massive sulphides at Musket
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rox Resources (ASX: RXL) has intersected further massive high-grade nickel sulphides near surface during Reverse Circulation (RC) drilling at the Musket prospect. The Musket prospect is part of the company’s 100 per cent-owned Fisher East nickel project located 500 kilometres north of Kalgoorlie in Western Australia. Rox explained the RC drilling is […]
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 commences at Skogtrask Boss Resources (ASX: BOE) has commenced drilling at the company’s Skogtrask nickel-copper project in Northern Sweden. Boss has received approval from the County Administration […]
Nagambie claims Wandean gold discovery
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Nagambie Mining (ASX: NAG) has claimed the Wandean deposit, located nine kilometres north west of the Nagambie mine to be a virgin gold discovery following the receipt of assays from its latest drilling program. Nagambie Mining tenements. Source: Company announcement Nagambie said Wandean has demonstrated continuous gold mineralisation, which remains […]
Ding Dong the Tax is Dead
/in Uncategorized /by Wally GrahamIN THE LOBBY: It certainly didn’t take very long for industry-focused interest groups to cheer as loudly as they could upon hearing the carbon tax had finally been repealed. First out of the blocks was the Chamber of Minerals and Energy of Western Australia (CME), which scorned what it described as the months of post-election […]
Uranium industry must prepare for inevitable Chinese demand
/in Uncategorized /by Wally GrahamCONFERENCE CALLER: In order to see where uranium is headed, Julian Tapp CEO of uranium play Energy and Minerals Australia said it is important to try and imagine just where Chinese demand will be in 20 years from now. “You need to look at the amount of electricity they might be consuming and what kind […]
Doray acquires Gnaweeda project
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Doray Minerals (ASX: DRM) has reached an agreement with Archean Star Resources Australia, a subsidiary of TSX-V-listed Transatlantic Mining Corporation. The deal will result in Doray purchasing a majority interest in the Gnaweeda gold project, located in the Northern Murchison region of Western Australia. The Gnaweeda tenements are located approximately 10 kilometres […]
Metallum commences trucking ore from Panga
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallum Limited (ASX: MNE) has commenced trucking copper-bearing material from the Panga mine at the El Roble copper project in Chile to a nearby toll treatment plant. The Perth-based copper developer said it has received a permit to commence delivery of copper-bearing material to the local ENAMI facilities. This means Metallum is […]
Sirius sets market alight with drill results
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: The best thing about being Sirius Resources (ASX: SIR) is that there is no need to release announcements saying you are Xkm away from the Nova discovery. Sirius’ share price went bonkers after the company announced resumption of its exploration programs had discovered massive nickel sulphide mineralisation in the first reconnaissance hole […]
Uranex signs MoU with Chinese SOE
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Uranex Limited (ASX: UNX) has signed a Memorandum of Understanding (MoU) for an Off-take Agreement with China National Materials Industry Import and Export Corporation (SINOMA). SINOMA is a subsidiary of major State Owned Enterprise (SOE) China National Materials Group Corporation, which is responsible for the research, development, construction, production and marketing of […]
Rumble eyes new nickel targets at Zanthus
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Rumble Resources (ASX: RTR) could hardly contain its excitement following the interpretation of a recently-completed detailed airborne aeromagnetic survey data on the Zanthus project Joint Venture with Blackham Resources (ASX: BLK). Rumble said the interpretation has identified a number of high-priority targets including a distinctive ‘eye’ feature, which the company considers could […]