EDITION #219
Perth, Western Australia - Tuesday November 29, 2022
PUBLIC COMPANY NEWS, VIEWS & CEO INTERVIEWS 
International Graphite opens WA’s first graphite processing hub
WA Premier Mark McGowan and Regional Development Minister Alannah MacTiernan have officially cut the ribbon on International Graphite’s downstream pilot processing plant in Collie. The company plans to use the facility to produce battery anode material - an essential component of a lithium-ion battery and its inauguration represents a significant breakthrough in its production ambitions.
READ MORE (ASX:IG6)
Infinity Mining spots visible WA lithium from maiden RC program
Infinity Mining has wrapped up its maiden RC drilling campaign at its Tambourah South lithium prospect south west of Marble Bar with visible lepidolite and spodumene spotted in 18 of the 21 holes sunk for 1812m. In total 41 individual pegmatite intervals were logged varying from 1m to 35m in width. Most contained the visual lithium minerals lepidolite and spodumene.
READ MORE (ASX:IMI)
Quantum Graphite lab tests support battery play
Ultra-high temperature test work aimed at evaluating the suitability of ASX-listed Quantum Graphite’s coarse flake graphite in the production of long-duration energy devices has come up trumps. The program forms part of a jointly held partnership with Melbourne-based company Sunlands and aims to produce thermal energy storage battery cells at an industrial scale using Quantum’s ore as a feedstock.
READ MORE (ASX:QGL)
Castle tables large African graphite exploration target
Castle Minerals has tabled a JORC-compliant exploration target at its Kambale graphite project in Ghana of 16.82Mt to 50.46Mt with grades ranging between 6.74 and 10.4 per cent total graphitic carbon. Diamond drilling is now underway with the aim of collecting samples for the next round of test work to determine Kambale’s suitability to produce a fine flake graphite concentrate for use in the manufacture of electric vehicle battery anodes.
READ MORE (ASX:CDT)
Adriatic hits half-way mark with Bosnian silver mine
Construction at Adriatic Metals’ Vares high-grade silver project in Bosnia and Herzegovina is picking up speed as the company prepares to bring the project's namesake underground mine and processing facility online next year. Adriatic says the project is now at the mid-way point and importantly remains on schedule and budget to deliver the first concentrate around September 2023.
READ MORE (ASX:ADT)
Conico assays highlight Greenland multi-metal potential
Multi-metals explorer Conico has confirmed anomalous levels of copper, nickel, gold and platinum group elements at its Ryberg project in Greenland after receiving assays from its latest drill campaign. A total of 11 diamond drill holes were completed across four prospects during the Greenland field season, targeting a host of elements at the company’s Sortekap, Miki, Cascata and Pyramid prospects.
READ MORE (ASX:CNJ)
White Cliff wraps up WA rare earths probe
White Cliff Minerals has concluded a maiden 49-hole, 1861m air-core drilling program at its Hines Hill rare earths project in WA’s Wheatbelt region. The campaign follows the discovery of a pair of potentially mineralised magnetic features and the return of soil sample results grading up to 550 parts per million total rare earth oxides.
READ MORE (ASX:WCN)
Latin eyes Argentinian drill targets in lithium hunt
Latin Resources is vectoring in on drill targets at its Catamarca lithium project in Argentina after commencing a boots-on-the-ground exploration program. The campaign includes a review of pegmatites at the Northwest Alto area where previous drilling returned several high-grade hits including 3m at 2.98 per cent lithium oxide from 90m, 4m going 2.3 per cent from 30m and 6.0m grading 1.62 per cent from 18m.
READ MORE (ASX:LRS)
Aurumin takes punt on Sandstone tenement grab
ASX-listed Aurumin has entered a competitive ballot process to expand its footprint around the company’s flagship Sandstone operations with a number of the 15 tenements up for grabs located in the adjacent area. The ballots in the Sandstone area are a result of compulsory partial surrenders required by Section 65 of the Mining Act 1978 and contain applications from several parties including tenements adjacent to the Central Sandstone project and north of Youanmi.
READ MORE (ASX:AUN)
Kula expands lithium footprint near Greenbushes mine
Kula Gold has entered into an agreement to acquire a 70 per cent interest in the lithium and related minerals of Sentinel Exploration’s Kirup project only 25km from the world-class Greenbushes lithium mine in the South West. The Kirup project covers an area of 117 square kilometres and complements Kula’s existing Brunswick project that sits around 20km to the north. Kula says the purchase price includes a cash reimbursement of exploration expenditure of $200,000.
READ MORE (ASX:KGD)
Lithium Energy gets back on the drill rig in South America
Battery minerals company Lithium Energy has begun diamond drilling the second and third holes of its 5000-metre program at the company’s Solaroz project in Argentina in a bid to validate its previously announced exploration target and define a maiden JORC-compliant mineral resource of lithium. The two holes are targeting conductive brines at Solaroz’s Chico I and V concessions to depths of up to 500m below surface.
READ MORE (ASX:LEL)
Hot Chili bolsters South American copper ground
South American copper explorer Hot Chili has executed an option agreement with Antofagasta Minerals S.A. to procure a 100 per cent stake in five mining tenements that straddle the western extension of its Cortadera copper-gold discovery in Chile. The company is now gearing up to launch an initial 6000m drilling program to test its new ground and bolster its current resource.
READ MORE (ASX:HCH)
Zuleika hunts gold, nickel in WA Goldfields
With its Goongarrie tenements renewed for a further five years, explorer Zuleika Gold has assembled boots on ground in its hunt for gold and nickel within the company’s under-explored tenure in WA’s goldfields. The company has commenced a 740-sample soil geochemistry program designed to infill previous geochemical sampling and extend the coverage over the 20km-long prospective greenstone belt.  
READ MORE (ASX:ZAG)
Western Mines ramps up drilling at multi-commodity project
Western Mines Group has stepped up the exploration of its Mulga Tank nickel-copper-platinum group element project 190 kilometres east of Kalgoorlie with a phase 2 diamond drilling program now underway. The company plans to drill a minimum of six holes for a total of between 4000m and 5000m to test follow-up targets identified from its phase 1 campaign. The work will include two holes that have been co-funded by the State Government’s Exploration Incentive Scheme.
READ MORE (ASX:WMG)
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