EDITION #213
Perth, Western Australia - Thursday November 10, 2022
PUBLIC COMPANY NEWS, VIEWS & CEO INTERVIEWS |
Lode dazzles with bumper silver hit at NSW asset
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Shallow drilling at Lode Resources’ Webbs Consol silver and base metals project in NSW has returned an eye-popping 1.5m intercept grading 1899 grams per tonne silver equivalent inside of a larger 20m hit at 375 g/t from 16m. The company has its foot on six mineralised lodes at the project and says all appear to be open. |
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Tambourah magnetic survey highlights conductive targets
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Preliminary data from a magnetotelluric survey across key targets north of Perth has identified a suite of conductors for Tambourah Metals at its Bolgart East, Yerecoin and Wongan Hill South projects. Early imaging shows the presence of multiple conductors at each project where the company is targeting nickel, copper and platinum group elements amongst other resources about 120km north of Perth in WA. |
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Southern Hemisphere unveils new copper target in Chile |
Ground work from Southern Hemisphere Mining at its Llahuin project in Chile – the world’s largest producer of copper – has delivered rock chip samples up to 9.13 grams per tonne gold whilst also identifying a new copper-gold target. The new target comprises a 1.9km-long copper in soil anomaly in a corridor between the company’s deposits in central Chile. |
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Pan Asia aces Thai lithium processing test
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Pan Asia Metals has received positive results from ore-sorting test work on samples of drill core from the company’s flagship Reung Kiet lepidolite lithium project in southern Thailand. The recently completed test work has demonstrated the ability to almost double the grade of its feedstock to above 0.90 per cent lithium oxide. |
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Rare earths result boosts hunt for White Cliff |
White Cliff Minerals’ WA projects have thrown up rare earth rock chip results up to 924 parts per million TREO at Yinnetharra in the Gascoyne region of WA and drilling of magnetic and other anomalies is now imminent at the company’s Hines Hill project in search of buried carbonatite hosted rare earths mineralisation. |
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Accelerate Resources homes in on more WA manganese
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A second phase of drilling by Accelerate Resources has confirmed the continuity of high-grade surface manganese and discovered deeper zones of mineralisation at the company’s Woodie Woodie North manganese project in WA. The 2400m RC program was completed following the discovery of manganese enriched zones which were uncovered during an initial phase of drilling at the project’s Area 42 target earlier this year. |
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Altech achieves longer storage battery pack
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Altech Chemicals has unveiled a 60KWh battery that uses garden variety table salt instead of lithium and other critical metals typically found in a lithium battery. The company is looking to muscle into the multi-billion-dollar renewable energy and grid storage market that is currently dominated by the lithium players. The battery is designed to fill the need for middle and long-duration power sources that provide sustained power over long periods. |
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St George ups ante in Mt Alexander lithium hunt
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St George Mining has moved quickly to top up its landholding at its Mt Alexander project near Leonora following the discovery of lithium mineralisation during its maiden drill program adding an exploration licence to its portfolio and lodging an application for a prospecting licence. Both tenements are neighbouring St George’s Jailbreak prospect where the company currently has an aggressive drilling program underway. |
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Western Mines strike sulphides at Mulga Tank in WA
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Western Mines says the final assays from drilling at its flagship Mulga Creek Tank project in WA have confirmed disseminated sulphide mineralisation which appear similar in style to the mineralisation found at BHP’s Mt Keith Mine. The phase 1 drilling campaign at the company’s nickel-copper-platinum group elements project, will be followed up with extended work to better understand the architecture of the system and pinpoint vectors to high-grade mineralisation. |
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Askari embarks on lithium-focused surface sampling
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Askari Metals has kicked off a soil auger drilling and rock sampling program at the company’s freshly acquired Myrnas Hill lithium project in WA’s Pilbara region to define priority target areas for follow-up exploration. The campaign will collect more than 600 samples in areas of interest marked by a hyperspectral survey and Askari’s own geological target generation. |
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Antilles releases gold, copper results from Cuba drill campaign
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Minerals explorer Antilles Gold has received preliminary assays for three holes from its recent six-hole 1,800 metre drilling program at its El Pilar project in central Cuba. Highlights include 3 metres going 13.81 grams per tonne gold from 10 metres, 4.3m grading 4.47 g/t gold from surface and 13.4 metres at 3.53 g/t gold from 14.3 metres. |
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Si6 waits for assays after WA gold probe
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Mineral explorer Si6 Metals has wrapped up a 119-hole, 5636m air-core drilling program at its Monument gold project in WA’s Goldfields region where the company is already sitting on a 3.3 million tonne resource. The campaign tested four high-priority target areas including a zone close to Glencore’s world-class Murrin Murrin nickel laterite operation and intersected intriguing geology across each. |
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Aurum eyes drill campaign after Goldfields heritage agreement |
Aurum Resources is one step closer to beginning exploration on its Ryans Find gold project north-east of Southern Cross after signing a heritage agreement with the Marlinyu Ghoorlie Native Title Claimant Group. The agreement is the first step in gaining heritage clearance for the site that will allow the company’s planned air-core drilling program to commence. The programme of works for the campaign has already been approved by the WA Department of Mines, Industry Regulation and Safety. |
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WA drilling unlocks fresh gold for Alto |
RC drilling at Alto Metals’ Indomitable Camp resource, part of the larger Sandstone gold project in the East Murchison Goldfields of WA has returned a suite of high-grade hits outside of the operation’s existing resource. Headline results include a lengthy 80m intercept running 1.6 grams per tonne gold from a shallow depth of just 21m with a richer 10m inclusion going 5.2 g/t from 43m. |
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Aruma hits lithium rich pegmatites at Mt Deans in WA |
Aruma Resources has intersected multiple pegmatites over a 1500m strike length in its latest drilling at the Mt Deans lithium-rubidium project. RC drilling was conducted over the pegmatite swarm where previous drilling returned grades up to 1.14 per cent lithium and 1.05 per cent rubidium. The company says current drilling intersected visual lithium mineralisation identified as the mineral lepidolite. |
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