basic potters clay is what you want. If in doubt or offered a choice buy the cheapest type, as that will be the one without any special additives
If you want to try making clay missiles from moulds how about using plaster of paris ?
it's pourable, sets pretty quick - not terribly dense but could be fun to play with
An easy way to make a reuseable mould would be to mould it from fimo (or similiar thermo setting plastic craft material).
It's pretty durable stuff as long as you don't make it too thin.
For a dimpled biconical mould either use an impression from a cross golf ball (you lot seem to have forgotten about these) or use a sheet of fimo to get the impressions from a golf ball and then carefully shape it to biconical before setting.