ALL THE NEWS
Azimuth Resources releases West Omai maiden resource
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azimuth Resources has announced a maiden JORC-code and National Instrument 43-101 compliant gold resource estimate for the Smarts and Hicks deposits at the company’s West Omai gold project in Guyana. The overall Inferred Mineral Resource estimate at West Omai for both the Smarts and Hicks deposits has come in at: – 12.4 […]
Doray identifies new gold zone at Andy Well
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Doray Minerals has claimed recent drilling conducted at the company’s 80 per cent-owned Andy Well gold project north of Meekatharra in Western Australia has confirmed potential for a second high-grade gold deposit within the “Judy Zone”, south of the high-grade Wilber Lode deposit. The drilling was undertaken to follow up on previously […]
Syrah intersects graphite from go to whoa at Balama
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Syrah Resources has intersected graphite mineralisation along the entire length of the second (BMDD0002) and third (BMDD0003) holes drilled at the company’s 100 per cent-owned Balama graphite project in Mozambique. The two holes have behaved similarly to the first hole (BMDD0001) drilled in the current campaign with graphite mineralisation starting at surface […]
Adrian Griffin – Midwinter Resources
/in Uncategorized /by Wally GrahamTaking the time to drop into The Roadhouse this week was Midwinter Resources managing director Adrian Griffin to give us the lowdown on how the company’s projects in South Africa and Swaziland are developing. What is the current major focus of Mindwinter Resources? Without a shadow of a doubt the major focus of the […]
Zinc prices likely to firm on improving demand – supply fundamentals
/in Uncategorized /by Wally GrahamThe price of zinc in international markets has mirrored a general decline in commodities as a result of Europe’s debt crisis, with London Metal Exchange zinc dropping more than 10 per cent from its high for the year so far, reached during January. However, I am bullish with regards to zinc over the next […]
Australian Bauxite expands Goulburn PFS
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Australian Bauxite is expanding the focus of a prefeasibility study (PFS) on the company’s Goulburn bauxite project located near Goulburn in New South Wales. Goulburn bauxite project area. Source: Company announcement The company has commissioned Como Engineers and other metallurgical and environmental engineering firms to prepare the study, of which […]
Vector Resources records big gold intercepts
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Vector Resources has received some fairly impressive assay results from a round of high-priority drilling of the Phase 3 reverse circulation (RC) program being conducted at the company’s Gwendolyn East project in Western Australia. Plan view of collar locations of holes with significant gold intercepts. Source: Company announcement A review of […]
Thor Mining updates Molyhil reserve estimate
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Thor Mining has released an updated reserve ore estimate for the company’s wholly-owned Molyhil project in the Northern Territory. Molyhil project location. Source: Company announcement The reserve ore estimate now stands at 1.64 million tonnes at 0.42 per cent tungsten and 0.13 per cent molybdenum. Thor said the tungsten grade in […]
Wolf raises $5 million from major shareholders
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Dual-listed (ASX and AIM) specialty mineral exploration and development company Wolf Minerals has received subscriptions for 18.5 million shares to raise $5 million. The shares have been picked up by two of the company’s major shareholders in Resource Capital Fund V and Traxys Projects LP, which have subscribed for 16.7 million ordinary […]
Goodrich Resources takes control of Zodiac
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Goodrich Resources has expanded its project portfolio following the acquisition of a 52 per cent interest in unlisted exploration play Zodiac Resources. Goodrich said the acquisition complements its already substantial exploration ground in central New South Wales and presents the company synergies to ongoing exploration and potential development activities. The acquisition brings […]