EDITION #265
Perth, Western Australia - Tuesday May 9, 2023 |
Green light game-changer for Empire at Beetaloo |
Empire Energy has been given the green light by the NT Government to seek production approvals for its gas projects in the Beetaloo sub-basin – a game-changing moment for the area’s development of the resource.
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Codrus hails first-hole rare earths find in Karloning clay |
Codrus Minerals has discovered high-grade clay-hosted rare earths up to 4764 parts per million total rare earths and yttrium oxides in the first 40m of drilling at its Karloning pegmatite project in WA. |
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Vulcan hauls in $109m to fast-track European lithium project
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Vulcan Energy has opened its order book to purchase long lead items to start construction of its German-based phase one lithium plant and geothermal renewable energy plant, after securing a $109 million placement. |
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Watch Bulls N' Bears on Flashpoint
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Tune in to Flashpoint each Sunday morning on Channel 7 at 10 am to watch Bulls N' Bears MD Matt Birney talk about the ASX stocks that have run hardest for the week... AND WHY! |
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CZR tables 230 per cent iron ore reserve jump in Pilbara
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CZR Resources has cranked up its Robe Mesa iron ore reserves in the Pilbara by 230 per cent to 27.3 million tonnes at 55 per cent iron, underpinning an eight-year mine plan at 3.5 million tonnes per annum. |
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Tasmanian rare earths bounty scales new heights for ABx
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ABx Group has boosted the mineral resource estimate at its rare earths project in northern Tasmania by 50 per cent, to pass the 20 million tonnes milestone on the back of a 30-hole drill program.
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Kalamazoo, Karora join forces to spin out lithium assets |
ASX-listed Kalamazoo Resources and its Canadian counterpart Karora Resources have joined forces to consolidate their highly-prospective Australian lithium assets into a new IPO vehicle - Kali Metals. |
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Askari to hit Namibian lithium targets after raising $2.5m |
Askari Metals will accelerate lithium exploration at its Uis project in Namibia after meeting the conditions for $2.5 million in strategic equity investment by global battery materials supplier Huayou. |
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TMK pushes ahead in Mongolian Heading coal seam gas hunt |
TMK Energy is pushing ahead with its second pilot well, Lucky Fox-2, after pulling up 60m of gaseous coal from its maiden Lucky Fox-1 production well at its Gurvantes XXXV coal seam gas project in Mongolia. |
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Aurumin nets Govt funding for Goldfields lithium campaign
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ASX-listed Aurumin is set to continue its search for lithium at the company’s Mt Palmer project in the Goldfields after being named a successful applicant for the WA Government’s Exploration Incentive Scheme.
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Infinity to drill EM anomaly, ultramafic nickel target |
Infinity Mining will kick off 1700m of RC drilling at its Brisbane nickel prospect in the Pilbara in early June, targeting an EM anomaly and ultramafic basal contact with rock chips up to 0.76 per cent nickel. |
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Antilles set to test trio of Cuban copper-gold porphyries |
Antilles Gold is set to wheel in the drill rig to test a trio of porphyries, prospective for copper and gold, etched out from recently-completed ground geophysical surveys at its El Pilar project in Cuba. |
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Emu finds add more impetus for Esperance rare earths |
Emu NL has enlarged its mineralised footprint in the heart of Esperance’s rare earths region after rock chips returned results of up to 1242 parts per million total rare earth oxides from its latest fieldwork. |
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Allup wraps up Pink Bark drill program in hunt for WA silica
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Allup Silica has polished off a 26-hole maiden air-core drilling program at its Pink Bark project, 110km from Esperance in WA. The campaign was chasing silica sands and other potential mineral occurrences.
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Cash boost for Lithium Australia in Lepidolite Hill deal
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Lithium Australia will fill its coffers to the tune of more than half a million dollars after entering into a binding agreement to sell 70 per cent of its Lepidolite Hill lithium project to Eastern Resources. |
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