Perth, Western Australia - Thursday February 3, 2022 |
Cyclone Metals unearths treasure trove of gold nuggets
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Cyclone Metals has unearthed some stunning quartz and gold nugget specimens up to 712 grams at its wholly owned Nickol River project in WA’s Pilbara region, which begs the question – where are they coming from? Notably, they were found in the very first test pit and the company is hopeful that drilling targets for primary mineralisation will quickly be generated from them. |
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Javelin spears high-grade copper at Coogee
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ASX-listed explorer Javelin Minerals has delivered more high-grade copper and wide gold intersections at its exciting Coogee gold-copper project including 8m with 1.98 per cent copper and 48m with 0.81 g/t gold including 8m at 2.18 g/t gold and 0.21 per cent copper. Drilling is about to commence on the 3km gold trend at the Coogee West project, whilst copper-gold feeder structures will also be investigated by further drilling. |
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Kaiser turns first profit at A1 gold mine
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Kaiser Reef has reported massive gold drill hits, a 36 per cent increase in gold production and its first operational profit at its A1 gold mine as drilling commences at the 1.7 million ounce Maldon goldfield. The company is on track to become a multi-mine, high-grade gold producer across two historic Victorian goldfields where the company has a modern processing plant and decline access. |
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Antilles tables high grade maiden resource in Cuba |
ASX-listed Antilles Gold and its Cuban government-owned joint venture partner GeoMinera have produced an impressive maiden gold and silver resource estimate for their La Demajagua deposit in Cuba. The resource estimate shows a 7.7 million tonne open pit mining operation with an impressive average grade of 2.9 grams per tonne for 720,000 ounces of gold and 38.6 g/t silver for 9.57 million ounces of silver. |
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Torian unearths new WA rare earths discovery
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Torian Resources has landed a grab bag of significant rare earths hits at its new Yttria prospect at the company’s Mt Stirling project in the eastern goldfields of WA. The rare earth elements uncovered include hard to find “heavy” rare earths such as dysprosium and also include terbium, europium, neodymium and yttrium with anomalous cobalt, scandium, nickel, chromium, palladium and platinum added to mix. |
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Sihayo more than doubles gold recoveries in testing |
Indonesia-based gold explorer Sihayo Gold has increased its initial expected gold recovery rate from 35 per cent to a solid 80 per cent in fresh rock samples after trialling high pH leaching metallurgical test work on ore from its advanced Sihayo gold project in North Sumatra. Transitional ore samples also received a healthy boost to the recovery rate, rising from 52.3 to 74.5 per cent. |
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Calima posts 30 per cent oil output boost and eyes more
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Canada-focused oil producer Calima Energy has closed its books on a productive 2021 by reporting in daily production average of 3182 barrels of oil equivalent per day, or boed, a stunning a 30 per cent increase from 2020 levels. Interestingly, the company is bullishly forecasting a further lift to between 4000 and 5000 boed for the first half of this year. |
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Altech completes battery technology pilot plant design
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Altech Chemicals has put the finishing touches to its German-based pilot plant where it will look to produce a premium battery grade anode material coated with HPA using its proprietary technology. The plant is designed to produce up to 37,000 kilograms of coated anode material per year and Altech’s testing to-date shows considerable efficiencies not currently available to battery makers. |
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Askari begins trading on Frankfurt Stock Exchange
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ASX-listed battery metal and gold explorer Askari Metals is now a dual-listed company after its shares commenced trading on the Frankfurt Stock Exchange. Askari has a portfolio of lithium, copper and gold-focused projects across Western Australia, the Northern Territory and New South Wales and says the new listing was driven by strong interest from European investors. |
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Element 25 secures sustainable supply chain partner |
ASX-listed manganese producer Element 25 has partnered with leading sustainable supply chain tracking provider, Circulor for real-time traceability of its products on its pathway to zero carbon manganese production in WA. Real-time digital tracking of environmental and social governance metrics, including carbon dioxide intensity and the type of energy used will then be made available to assist in carbon off-setting. |
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Horizon unveils potential new gold system near Kalgoorlie
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Horizon Minerals could have unearthed a significant mineralised system after drilling at its Crake and Coote gold deposits intercepted a slew of high-grade gold intercepts. The company says it is now planning subsequent drilling ahead of an updated mineral resource estimate for Crake and a maiden estimate for Coote. The deposits form part of the larger Binduli project area near Kalgoorlie in WA. |
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