Perth, Western Australia - Monday March 21, 2022 |
Mount Ridley kicks off rare earths drilling campaign |
Mount Ridley Mines has launched a four-stage drilling program at its namesake rare earths project near Esperance in Western Australia with the campaign seeking to confirm a significant deposit of the critical minerals. The company is aiming to complete a maiden mineral resource estimate at the project this year and says its primary focus will be on homing in on high priority target areas to move the needle forward. |
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Govt pumps $30m into Arafura NT rare earths project |
Construction of Arafura Resources’ Nolans rare earths separation plant in the Northern Territory has received a significant shot in the arm after the company was awarded a Federal Government Modern Manufacturing Initiative grant to the tune of a cool $30 million. The money will go towards construction of the rare earths separation facility that will be the first of its kind in Australia and second outside China. |
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ABx uncovers fourth rare earths discovery in Tasmania |
ASX-listed ABx Group appears to have expanded its rare earths footprint in Tasmania after uncovering its fourth discovery in the region. The new prospect, called ‘Rubble Mound’ sits about six kilometres east of the company’s Deep Leads rare earths project and boasts grades of up to 1,620 parts per million total rare earth oxides. The company says early indications suggest an extensive queue of targets could sit between the two zones. |
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Twenty Seven locks onto WA gold targets for auger drilling |
ASX-listed junior explorer Twenty Seven Co is gearing up for another round of auger drilling at its Yarbu gold project located approximately 160km northeast of Southern Cross in Western Australia. The campaign is designed to hit priority targets and infill anomalies detected in last year’s exploration. It plans to sink a further 330 holes with assays expected in late May. |
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Accelerate pursues lithium and manganese on two fronts
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Encouraged by previous reconnaissance sampling last year, Accelerate Resources is stepping up exploration in WA’s eastern Pilbara where it is advancing a two-fronted assault for both lithium and manganese. The company will be using a helicopter to access its lithium prospects across the 369 square kilometres of project area whilst simultaneously moving to confirm and rank its manganese drill targets before executing plans to drill approximately 600m across its terrain. |
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King River diversifies HPA production with DFS findings |
King River Resources has identified a flurry of new economic and environmental improvements during its ongoing definitive feasibility study for its type 1 high purity alumina precursor processing plant. The type 1 aluminium salt precursor has shown a 5N level or 99.999 per cent purity and is considered an essential ingredient in the battery manufacturing industry. |
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Superior expands QLD nickel-copper-PGE hunting grounds |
Brisbane based polymetallic explorer Superior Resources has expanded its tenement portfolio to a massive 1,158 square kilometres of prospective nickel-copper-PGE ground at its Greenvale project located around 210 kilometres west-northwest of Townsville in Queensland. The company believes the newly granted exploration leases hold the potential to host Voisey’s Bay or Julimar-Gonneville style magmatic sulphide systems. |
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Auroch strikes more high-grade nickel |
Diamond drilling continues to grow ASX-listed Auroch Minerals’ Saint Patricks deposit by intersecting more high-grade nickel outside the current modelled resource in Western Australia. Assays have returned a standout three-metre hit going a very respectable 5.23 per cent nickel. Management says the holes have confirmed mineralisation continues through what was an unconfirmed zone at Saint Patricks. |
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Latin onto more pegmatites in Brazilian lithium quest |
Latin Resources has raised the stakes at its Salinas lithium project in Brazil after the explorer struck a string of wide, spodumene-rich pegmatites in all six of the holes sunk in its latest round of drilling. According to the company, the cumulative intersections have a maximum thickness of over 36 metres and are open along strike and down dip. |
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Metal Hawk, Western Areas hit sulphides in first drill hole |
Metal Hawk and JV partner, Western Areas have significantly ramped up exploration, with a maiden diamond drill campaign at their Kanowna East project near Kalgoorlie intersecting 220m of nickel bearing ultramafic rocks near the well-endowed Poseidon owned Silver Swan nickel mine. Western Areas has a 75 per cent earn in agreement by spending $7 million over five years across Metal Hawk’s Kanowna East, Emu Lake and Fraser South projects. |
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Classic leaps final hurdle in race to WA gold production |
Gold-focused Classic Minerals has cleared the final hurdle in its race to develop the Kat Gap gold mine after receiving regulatory approval for its mining operations. With its mining proposal and closure plan now given the green light Classic can progress to full-scale mining. The company is continuing the mining of a 49,000-tonne bulk sample that commenced last year. |
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Aldoro hits pegmatites in WA lithium hunt |
Aldoro Resources could be closer to lithium after intersecting pegmatites across multiple levels at its Niobe project, about 70 kilometres from Mount Magnet in Western Australia. According to the company, the recently completed drill program punched out 65-holes and struck the pegmatites in almost all of them, confirming historical results and closing the campaign on a high. |
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Lefroy launches Kambalda gold hunt after recent drill hits |
Lefroy Exploration has launched an RC drilling program at its Burns copper-gold prospect, part of the larger Eastern Lefroy project near Kambalda in Western Australia, designed to follow up on a string of recent gold discoveries found in a paleochannel at the site. The campaign will look to evaluate and expand the mineral footprint of the recent hits that tested an area outside of the proven system. |
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88 Energy set to intersect reservoir targets at Merlin-2 |
Oil explorer 88 Energy is making progress as it drills towards the 8000-foot reservoir targets at its potentially company making Merlin-2 well in Alaska. The company is chasing a possible 652 million barrel of oil resource as the it follows up on its 2021 Merlin-1 discovery. Merlin-2 spudded on the 7th of March and has been drilled to 2,005 feet. The surface casing has been installed and cemented in addition to the blow out preventer being tested. |
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Tambourah locks up prospective WA lithium |
Multi-element explorer Tambourah Metals has been granted two tenements prospective for lithium, solidifying its Russian Jack project, 40km south of Nullagine in WA. The dual grant secures nearly half the intended final package, with the rest still under application. The company notes more than 320 square kilometres of the underexplored Split Rock super-suite is captured within the final project size. |
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Antilles on track for $40m claim against Dominican Republic
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Antilles Gold looks close to finalising a long-running battle with the Dominican Republic Taxation Department following two legal judgements in favour of the ASX-listed explorer. The dispute began after a tailings dam remediation project in the Caribbean island nation soured. The company is pursuing claims of approximately $40 million including legal costs and interest against the Dominican Republic. |
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Godolphin bolsters NSW portfolio with two tenements |
Godolphin Resources has stretched its NSW ground after picking up a brace of exploration licences from the state government’s Department of Mining, Exploration and Geoscience. The company’s new tenure spans 160 square kilometres and is prospective for gold amongst other minerals. The pick-up adds to a portfolio of projects based around the revered Lachlan Fold Belt and sits amongst the explorer’s existing projects. |
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