EDITION #212
Perth, Western Australia - Tuesday November 08, 2022
PUBLIC COMPANY NEWS, VIEWS & CEO INTERVIEWS |
Latin adds rare earths to WA kaolin asset
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Latin Resources has seemingly transformed its Cloud Nine kaolin-halloysite project near Merredin in WA into a multi-commodity play after geochemical analysis found anomalous rare earths mineralisation in the site’s clays. The results ran up to 3617 parts per million total rare earth oxides and encouragingly contain a significant proportion of magnetic rare earth oxides – crucial components in the construction of electric vehicle motors. |
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Galan looks to up-size lithium brine pilot |
Galan Lithium has submitted an application to scale up the piloting stage of the company’s flagship Hombre Muerto West lithium brine project in Argentina that sits within South America’s Lithium Triangle. The proposed semi-commercial test run is anticipated to produce up to 4000 tonnes of lithium carbonate equivalent per annum in the form of a high-quality 6 per cent lithium concentrate. |
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Arafura secures rare earths offtake deal with Hyundai, Kia
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Arafura Rare Earths has signed a binding offtake agreement to supply neodymium and praseodymium, or “NdPr” from its Nolans project in the Northern Territory to major motor vehicle manufacturers Hyundai and Kia. The Hyundai deal will see the rare earths company supply up to 1500 tonnes of NdPr oxide, or its equivalent in NdPr metal over a seven-year term once production at the Nolans project reaches nameplate capacity. |
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Lithium Energy extends maiden bore after early success
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Lithium Energy is off to a flyer in November after extending a maiden bore to a depth of 335m and tabling a set of assays with grades as high as 555 mg/L lithium at its flagship Solaroz brine project in Argentina. The company says the campaign’s sole hole intersected a pair of lithium-bearing aquifers and testing of both has returned significant concentrations of mineralised fluids. |
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Infinity gets the drill spinning at Pilbara lithium project
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Infinity Mining has kicked off its maiden drill campaign in search of lithium at the company’s Tambourah South project in the Pilbara region of WA after positive results from rock chip sampling at the site. The 2500m RC drill program has been designed to test the largest lithium-bearing pegmatites at the project where the depth and width of the structures will be targeted. |
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Okapi to drill Canadian uranium ground after lodging permits
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Okapi Resources could soon fire up the diamond drill rig and launch a 40-hole, 5000m program at its Newnham Lake and Perch uranium projects in Canada after lodging applications with the Government of Saskatchewan. The looming probe follows a recent exploration drive that unveiled a bevy of compelling targets prospective for deeper lying mineralisation. |
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Ore sorting test work underway for Pan Asia Metals
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As it looks to increase the grades of its feedstock, Pan Asia Metals has kicked off processing test work on samples of drill core from the company’s flagship Reung Kiet lepidolite lithium project in southern Thailand. The test work aims to retain higher-grade mineralisation from the project’s 10.4 million tonne resource whilst rejecting lower-grade material and waste rock. |
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ENRG streamlines portfolio to focus on African energy plays
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Amidst a bullish market for nuclear fuels ENRG Elements has announced a strategic play that will see it double down on exploration at its Agadez uranium project in the West African nation of Niger, whilst stepping away from assets in WA. The company recently completed its first drilling program at its African operation and tabled a suite of shallow intercepts including 2m at 2266 parts per million triuranium octoxide equivalent from 22.7m. |
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Castle Minerals expands African graphite footprint
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ASX-listed gold and battery metals explorer Castle Minerals has received results from its final 29 holes of a recently completed 52-hole infill RC drill program at the company’s flagship Kambale graphite project in Ghana. The 5353m-long program has pushed the boundaries of high-grading mineralisation to a length of 2.5km north to south and 500m east to west. |
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New assays crank up Canadian copper play for American West
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The final batch of assays from a maiden diamond drilling program at American West Metals’ Storm project in Canada has once again highlighted the shallow, high-grade nature of a prospective zone coined “2750N”. Banner results include a 2m section going almost 16 per cent copper from 70m inside a larger 19m parcel at 2.08 per cent from 58m downhole. |
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Godolphin, Orange Minerals strike gold in NSW
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Fresh assays from phase two diamond drilling at Godolphin Resources and joint venture partner Orange Minerals’ Calarie gold project in New South Wales have validated a suite of compelling hits from a historical probe. The feature strike from the five-hole, 1170m program was a 2.4m intersection at 15.69 grams per tonne gold from 45m, inside of a larger 10.6 section grading 5.63 g/t from 39m. |
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St George spies lithium from maiden drill campaign
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On-site analysis of assays from St George Mining’s RC drill program at its Mt Alexander project near Leonora has identified visible lithium mineralisation from pegmatites at the company’s Jailbreak prospect. The explorer has struck multiple pegmatite intervals up to 13m thick from surface with lithium-bearing minerals visually identified in drill chips from the current campaign. |
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Aruma wraps up maiden drilling at Melrose |
Aruma Resources has wrapped up a 48 RC hole, 4,784m maiden drilling program at its Melrose Gold Project in the Pilbara targeting historic soil and drilling anomalies along trend from the 1.2-million-ounce Paulsens gold deposit which lies some 5km to the south. The first two holes have been submitted to the assay laboratory with results pending. |
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Strickland locks onto further WA gold
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Strickland Metals has locked onto further gold mineralisation with a round of diamond drilling at a recently discovered lode within the company’s 603,000-ounce Yandal gold project in WA. With a standout intersection of 7.7m at 6.6 grams per tonne gold from 179m, Strickland’s diamond work has confirmed its ‘Wanamaker’ lode as a 300m long high-grade deposit that remains open at depth. |
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Cazaly to kick-start Namibian rare earths hunt
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Cazaly Resources plans to expand its rare earths footprint to Africa with an exploration licence application for a Namibian project through its 95 per cent owned subsidiary Philco One Hundred and Seventy Three. Cazaly says it has identified several mineralised carbonatites in the area from historic drilling that shows the project as prospective for base metals and rare earth elements. |
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