Perth, Western Australia - Thursday January 26, 2022 |
Oil and gas industry pivots to hydrogen and clean energy |
With the green energy revolution and particularly hydrogen gathering momentum at the same time that oil prices are enjoying a resurgence, many traditional oil and gas firms are conflicted in terms of priorities. The storage and sale of hydrogen is best undertaken by oil and gas firms and whilst many are attempting to dip their toe in the water, others are once again fixated on the burgeoning oil and gas price. |
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More solid gold hits for Brightstar
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Brightstar Resources has continued its run of solid drill hits at its flagship Cork Tree Well prospect near Laverton where ongoing gold intersections have confirmed the high-grade nature of the system. Notable intersections from the latest round of RC drilling include a 12 metre intersection grading 3.47 grams per tonne gold from 157m downhole and a 9m hit going 1.46 g/t gold from 178m downhole. |
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Lake Throssell potash project expansion for Trigg
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ASX-listed Trigg Mining has more than doubled the strike length and area of its Lake Throssell sulphate of potash project. Four new areas were granted to Trigg, giving the company the potential to expand resources and the projected mine life of what could be a global top ten producer. Pivotal agreements with traditional owners facilitated the grant of the new tenements. |
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Estrella zones in on more WA nickel, copper targets
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Estrella Resources is zoning in on more nickel-copper targets at its developing T5 discovery near Kalgoorlie in WA after the company spotted a suite of down-hole geophysical anomalies begging to be drilled. The anomalies lie tantalisingly close to the T5 deposit and suggest known mineralisation is open to the north and south, throwing up a plethora of new targets that the company will now target. |
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Strickland secures heritage clearance at Yandal |
ASX-listed Strickland Metals has obtained heritage clearance from Tarlka Matuwa Piarku Aboriginal Corporation for almost all of its planned exploration throughout 2022. Obtaining heritage clearance was the final critical step towards commencing exploration at Yandal and for the planned resource extensional drilling at Millrose. A drill rig is ready to start this week. |
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Auroch marches on with Saints nickel hunt
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Auroch Minerals has hit the go button on 5000m of resource extension diamond drilling at its Saints Nickel project north of Kalgoorlie ahead of a scoping study it is planning to announce in March. The company’s drill rigs are peppering the Saint Patricks and Saint Andrews prospects, including possible strike and down-plunge extensions to the existing high-grade nickel sulphide mineralisation at Saints. |
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Tambourah set to drill test new WA gold target
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Gold and nickel explorer Tambourah Metals has lined up a drill rig to follow up a series of new significant gold targets identified through geophysical surveying and a historic data review at its flagship Tambourah gold project in the Pilbara. A review of the mineralisation at Tambourah by geophysical consultants using high resolution airborne magnetic data identified three potential targets in the area with plans for a 30 RC hole campaign underway. |
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BMG onto high-grade gold after WA drilling
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BMG Resources has seemingly upped the ante at its Abercromby gold project in the north-eastern Goldfields of WA after scooping a fleet of wide gold hits from a recent RC drilling campaign. The notable strikes are underlined by a series of scintillating results that include 6 metres at 19.8 grams per tonne gold from 83m with a 1m section grading 100.39 g/t gold at the same depth. |
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Superior taps into large Qld copper porphyry system
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Superior Resources appears to have tapped into the outer edges of a large, buried porphyry system at the company’s Bottletree copper prospect in Queensland. Assay results from the first of three diamond drill holes targeting an induced polarisation anomaly have returned a massive 552.5 metre intersection at 0.16 per cent copper with peak grades of 4m returning 1.32 per cent copper. |
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Ardea ramps up WA nickel plant by 50 per cent
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Minerals explorer Ardea Resources has boosted the scale of its Goongarrie Hub nickel-cobalt project by almost 50 per cent to 3.5 million tonnes per annum and flagged a decrease in carbon emissions by adding an atmospheric leach circuit. The company is also conducting a definitive feasibility study to evaluate numbers around its multi-deposit nickel and cobalt laterite resources at the massive Kalgoorlie project. |
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Lefroy successfully pierces heart of Burns gold intrusion |
ASX-listed junior explorer, Lefroy Exploration has a mounting belief that it is onto a substantial intrusion-related mineralised system at its Burns copper-gold prospect near Kambalda in Western Australia’s Goldfields region after receiving the final assay results from a 17-hole RC drill program. The company successfully pierced the heart of the Burns mineral intrusion with a 17 metre drill hit going 1.7 g/t gold from 75m. |
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Torian charts more solid WA gold hits
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Torian Resources has tabled further exemplary gold drill hits adding more value to a rapidly growing gold repository at its flagship Mt Stirling project, some 40 kilometres north-west of Leonora in WA. The latest set of results include a 19 metre section grading at 1.16 grams per tonne gold from 72m downhole with an internal metre going 3.53 g/t gold from 90m. |
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DFS looms for King River High Purity Alumina project
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ASX-listed King River Resources is progressing its High Purity Alumina Project towards a May 2022 delivery of a definitive feasibility study for the proposed 2,000 tonne per annum HPA production facility. The company says global HPA demand is expected to grow at 30 per cent per annum until at least 2028 with high demand spread across the LED lighting, semiconductor and electronics, optics and battery industries. |
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Aurum launches drilling assault at WA gold play
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Aurum Resources has launched a 5,000 metre drilling assault at its Penny South project in WA targeting structural anomalies that bear similarities to the nearby, high grade Ramelius Resources’ owned Penny West and Penny North gold projects. The Penny West deposit produced 154,000 tonnes at 18.0 grams per tonne for 89,000 ounces gold in the 1990’s and Aurum plans to sink 18 holes into its project attempting to home in on the most prospective areas of the tenure following up earlier work. |
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Latin confirms thick high-grade halloysite with latest drill campaign
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Extensive drilling by Latin Resources has confirmed thick, continuous high-grade halloysite at its Cloud Nine deposit located 350kms east of Perth. Recent tests detected exceptional grades of up to 46 per cent halloysite in broader zones and include an impressive 18m at 26 per cent halloysite. Meanwhile, detailed mining studies are progressing at pace. |
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PolarX set to drill gold silver target in Nevada
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ASX-listed PolarX is gearing up to drill test further gold-silver prospects at its Humboldt Range Project in Nevada, USA, with a 3000m reverse circulation drill program planned to start in the next few weeks. Ten holes will test three targets in the Fourth of July claims, with another ten holes planned for targets at Star Canyon. |
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