EDITION #198
Perth, Western Australia - Friday September 23, 2022
PUBLIC COMPANY NEWS, VIEWS & CEO INTERVIEWS |
Cazaly taps into massive sulphides in QLD multi-metal chase |
Cazaly Resources’ first spin of the drill rods at its recently acquired Vanrock project in central Queensland has coughed up several intercepts housing a suite of copper, zinc and lead sulphides from 212m. The company’s maiden diamond drill hole was designed to test coincident magnetic and airborne electromagnetic anomalies at the edge of modelled polymetallic mineralisation. |
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New WA gold discovery confirmed for Strickland near Wiluna
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Diamond drilling north of Strickland Metals’ Millrose deposit near Wiluna has confirmed the presence of a new high-grade gold lode with plans underway to test for extensions to the north and at depth. The company says the new Wanamaker discovery was confirmed with an intercept 40m down dip from a previous intersection initially uncovered in July. |
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Venture adds rare earths to Tasmanian tin play |
Venture Minerals has spiced up its commodity profile after nailing down a new clay hosted rare earths discovery at its flagship Mount Lindsay tin-tungsten project in Tasmania. The company made the breakthrough after re-assaying shallow samples acquired from a clay zone at the operation’s Reward deposit. |
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Tambourah grows gold, lithium footprint at Pilbara project
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Tambourah Metals has received a boost to the lithium prospectivity of its Russian Jack project in the Pilbara after the Geological Survey of WA confirmed the presence of abundant pegmatite veins and dykes. The company is currently compiling data on the project that includes the GSWA WAROX dataset that highlights four areas of significant pegmatite outcrops across two tenements at the site, whilst a rock chip sampling program is also beefing up its gold numbers. |
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Final assays deliver Antilles more high-grade Cuban gold |
Antilles Gold has reeled in more high-grade gold and silver hits from its latest drilling campaign at the company’s La Demajagua deposit in Cuba, boosting the case for an open pit mine. Headline numbers include 13m at 10.3 grams per tonne gold and 49.2 g/t silver from 172m, including 3m at 29.9 g/t gold. |
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White Cliff eyes rare earths probe after land access deal |
Perth-based explorer White Cliff Minerals is now a step closer to a maiden drill program at its Hines Hill rare earths project after securing a land access agreement to launch the probe about 200km east of Perth in WA. The explorer now plans to submit a program of work to the Department of Mines ahead of a projected 100-hole, 3000m AC drilling campaign. |
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Estrella highlights resource for Goldfields nickel deposit |
Estrella Resources has declared a maiden inferred mineral resource estimate of 0.86 million tonnes at 0.66 per cent nickel and 0.42 per cent copper at its T5 deposit in the Goldfields region of WA. The company says the latest estimate underpins an updated JORC exploration target of five to seven million tonnes at 0.7 to 1.5 per cent nickel and 0.3 to 0.5 per cent copper for the basal contact at its wholly owned Carr Boyd nickel project 80km north-east of Kalgoorlie. |
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St George field work expands lithium potential |
After further field work, mineral explorer St George Mining believes it has significantly expanded the lithium potential of its Mt Alexander nickel — and now lithium — project 95km west of Leonora in WA. Since first announcing it was on the lithium trail in early September, the explorer has identified an increasing number of pegmatite outcrops in its field mapping efforts across a 15km zone of pegmatite dykes at its project. |
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Lithium Australia lines up recycling expert as CEO |
Perth-based battery technology company and recycler Lithium Australia has appointed an experienced executive and recycling expert as its Chief Executive Officer. Simon Linge has 25 years’ senior management experience within the Bluescope Group and BHP, and most recently was an executive at Pact Group Holdings. He takes the helm of Lithium Australia in coming weeks and will be based in Melbourne. |
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Infill program delivers more gold for Classic |
Classic Minerals has continued its run of high-grade gold intercepts from infill drilling at its Kat Gap project near Southern Cross in WA after the company completed a further 11 holes for 680m at the site. The company has now drilled 35 holes for a total of 2125m as part of the larger 109-hole infill campaign over 7110m with the latest results from around the bulk sample pit at its flagship project. |
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Field work has Pan Asia eying major expansion of lithium target |
Mapping and sampling at Pan Asia Metals’ Bang I Tum lithium prospect in south-east Thailand have identified a new exploration zone with the potential to more than double the current target area at the site. The company says the new prospective zone is adjacent to and roughly twice the size of the current exploration target. |
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Rock chips up the ante for Infinity WA gold project |
ASX-listed explorer Infinity Mining’s Craig’s Rest project in the Leonora district of Western Australia is already looking the goods with a recent rock chip sampling program delivering grades as high as 37.64 grams per tonne gold. The samples were bagged in proximity to several historical mines and returned six specimens running over 1 g/t gold. |
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Askari survey picks up new rare earths targets |
Using hyperspectral imagery, Askari Metals has identified numerous rare earth element targets at the company’s Red Peak pegmatite project located on the border of WA’s Gascoyne region. The news builds upon lithium-focused sampling completed by the company in January that revealed several areas highly anomalous in a suite of rare earths including lanthanum, cerium, praseodymium, neodymium and europium. |
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Godolphin gets rods spinning in NSW rare earths hunt |
Mineral explorer Godolphin Resources has launched a 25-hole, 1,500m diamond drilling campaign at its Narraburra rare earths project near Temora in central-west New South Wales. The program kicked off following recent approval from the state’s mining regulator and aims to elevate the operation’s legacy resource to a JORC 2012 specification. |
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