EDITION #227
Perth, Western Australia - Friday January 6, 2023
PUBLIC COMPANY NEWS, VIEWS & CEO INTERVIEWS |
Lindian wows with first assays from Malawian rare earth project
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Lindian Resources has received its first assays from the company’s maiden campaign at its Kangankunde project in Malawi showing continuous rare earths mineralisation from surface across the length of both holes. Assay highlights include a 1m section recording an outstanding 11.8 per cent total rare earth oxide, or “TREO” from 13m with a second 1m section going 11.1 per cent TREO from 12m. |
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Okapi expands USA uranium footprint
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ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million. |
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Tietto ten days from maiden West African gold pour
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Tietto Minerals has opened 2023 with a bang after declaring its intention to deliver a maiden gold pour in ten days and launching the wet commissioning of its carbon in leach processing system at its 3.45-million-ounce Abujar project in Côte d’Ivoire, West Africa. The workstream follows its official launch of mining activity in November last year and the initiation of construction work about 12 months ago. |
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Strickland Metals zinc-lead asset spinoff gains steam
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Strickland Metals is pressing ahead with plans to spinoff its base metals assets into a new company to seek better value for the projects whilst focusing on its prospective gold package in central WA. The company has also gained heritage clearance to drill at its Iroquois project, which along with its Bryah Basin assets will be the centrepiece of the new operation. |
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Mineral Commodities appoints legal eagle as chairman
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Legal professional Brian Moller has been appointed chairman on sand and graphite miner Mineral Commodities’ board as the company awaits environmental approvals for a new graphite project near Esperance and weighs up the merits of downstream processing for battery anode material in WA and Scandinavia where it wants to offer a low-carbon footprint option to European carmakers. |
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Adriatic taps funding deal to progress Vares silver mine
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Adriatic Metals has drawn down the first $30m tranche from a $142.5m debt package to keep the wheels spinning on its Vares silver mine development in central Bosnia and Herzegovina. The project has passed the halfway mark of construction, is fully-funded and is on track to begin processing by September 2023. The company is also committing to legacy projects in a once-thriving nearby community. |
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Castle eyes EV sector after African graphite probe
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Castle Minerals has concluded a 30-hole, 2290m RC drilling program at its flagship Kambale graphite project in Ghana. Samples from the program will be used to establish a maiden mineral resource and evaluate the potential of the materials use in the production of fine flake graphite concentrate – an ingredient that could ultimately be used to manufacture battery anode material for electric vehicles. |
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Estrella wraps up mining phase of nickel sulphide extraction play
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ASX listed Estrella Resources has completed the mining and crushing phase of its nickel sulphide extraction program using ore from its 5A nickel mine near Kambalda in WA. The company plans to treat the high-grade material at Glencore’s Murrin Murrin facility after sealing an offtake and processing agreement late last year. |
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