Perth, Western Australia - Thursday April 21, 2022 |
PFS results supercharge Altech battery plant vision |
Altech Chemicals has tabled an eye-catching set of numbers in its preliminary feasibility study for a 10,000 tonne per annum high-purity alumina coating battery material plant which it plans to build in the bustling Schwarze Pumpe Industrial Park in Germany. The study estimates the plant will churn out US$63 million per annum once in operation on a capital investment of just US$95 million |
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Auroch picks up Nevada lithium project |
Auroch Minerals has announced an 80 per cent acquisition in a Nevada lithium project after taking a stake in the project’s operator, putting its footprint on four under-explored prospect areas in the Nye and Esmeralda counties, 45 kilometres away from Albemarle’s Silver Peak mine the only active lithium mine in the USA. The company has also announced a review of its South Australian non-nickel assets. |
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Millrose project delivers high-grade gold for Strickland
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Strickland Metals has unearthed significant initial gold results from its Millrose project in the Yandal greenstone belt within WA’s Yilgarn Craton. A standout strike of 55 metres going 2.4 grams per tonne gold from 86m was encountered in addition to visible gold in a diamond hole about 700m to the south. The explorer hails the results as outstanding and is growing confident Millrose is a substantial gold system. |
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Blackstone secures Govt backing for Vietnam nickel play |
Blackstone Minerals has inked a memorandum of understanding with Vietnam’s Son La province to promote a cooperative framework for the development of the Ta Khoa nickel project in that region. The understanding reflects the Australian and Vietnamese governmental commitment to deepening two-way trade and facilitating investment projects in Vietnam, ultimately supporting the energy security of both countries. |
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Frontier hits Murray Basin with new rare earths permit |
Frontier Resources is gearing up for a tilt at prospective ionic clay-hosted rare earth elements in the Murray Basin heavy mineral province after being awarded an exploration licence by South Australian regulators. A series of auger, push tube and air-core drilling campaigns are planned over the Murraydium Ionic Clay project area for laterally-extensive shallow clay-hosted rare earths mineralisation. |
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Earlier work backs more WA exploration for Zuleika Gold |
Zuleika Gold says promising results from campaigns at its namesake Zuleika project near Kalgoorlie in Western Australia and its nearby Credo project with joint venture partner Torian Resources have delivered a solid platform to launch its next round of drilling. In the past year the company has sunk approximately 23,000 metres of air core and RC drilling at the ventures and is now looking to plunge a further 20,000m. |
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Surefire to ramp up WA vanadium exploration |
Surefire Resources has narrowed its focus on the vanadium market with the company set to dive into a diamond drilling program at its Victory Bore and Unaly Hill projects, about 560km north-east of Perth in WA. According to the company, it is also revising its economic parameters ahead of a planned prefeasibility study at the operation and has already kicked off discussions with potential partners. |
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King River makes headway into HPA space |
Well-known for its vanadium and gold, King River Resources is heading into the high purity alumina space, hoping to cash in on the Federal Government’s addition of HPA to its critical minerals list. It says it has made economic and environmental improvements in its process to produce 4N HPA to meet projected strong demand driven by its critical role in the manufacture of LEDs and lithium-ion batteries. |
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Adriatic diversifies zinc-silver concentrate offtake agreements |
Adriatic Metals has agreed ‘heads of terms’ with four international commodities trading and smelting companies for the purchase of zinc and silver-lead concentrate from its Vares silver project in Bosnia. The company says its aim is to maximise revenues whilst reducing the ongoing risk associated with turbulent freight markets and the impact of the evolving European energy crisis amidst the conflict in Ukraine. |
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Mineral Commodities approved for development grant
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Global explorer Mineral Commodities has been granted $3.94 million in funding under the Federal Government’s Critical Mineral Acceleration Initiative. The money is to support the ongoing development of an integrated graphite ore-to-battery anodes business that will be based on Mineral Commodities’ Munglinup graphite project in the Great Southern Region 100km west of Esperance in Western Australia. |
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Godolphin prepares for NSW rare earths campaign |
Godolphin Resources is lining up an 80-hole 4000 metre drill program at its Narraburra rare earths project within NSW’s highly-prospective Lachlan Fold Belt with the drill bit expected to start spinning this month. The program is designed to support the reclassification of the existing resource estimate of 73.2 million tonnes at 1250 grams per tonne zirconium oxide and 327 g/t rare earths oxides for 91,500 tonnes of contained zirconium oxide and 23,950t of rare earths oxides. |
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Venus, Rox table solid MRE boost at WA gold project |
Venus Metals and joint venture partner Rox Resources have unveiled a significant boost of the mineral resource estimate for their Youanmi gold project near Mt Magnet in WA. According to the company, it has lifted the operation’s near surface resources by 204,000 ounces to more than 1 million ounces and lifted the project’s total gold resource to 3.2 million ounces through extensive exploration. |
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Accelerate plants foot on dominant manganese holding |
With the recent grant of its Barramine tenement, Accelerate Resources has consolidated a dominant holding it hails as the Woodie Woodie North manganese project within the highly prospective East Pilbara region. The tenement brings the explorer’s total package to 240 square kilometres. The company says it has locked up a prospective manganese corridor containing multiple structures with outcrops of manganese mineralisation along a strike of 32km. |
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Western Mines onto maiden WA nickel-copper diamond probe
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ASX-listed mineral explorer Western Mines Group has launched a maiden diamond drilling campaign at its flagship Mulga Tank nickel-copper-PGE project, on the Minigwal Greenstone Belt, in Western Australia’s Eastern Goldfields region. The company’s 10-hole, 4050 metre probe will look to test a string of drill-ready targets that have been unveiled through earlier work. |
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