EDITION #266
Perth, Western Australia - Thursday May 11, 2023 |
Gascoyne critical minerals hunt feeds battle of the titans |
WA’s Gascoyne region is emerging as one of the State’s newest lithium hotspots, with three local exploration heavyweights snapping up prime locations and wading into the hunt for the valuable mineralisation. |
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Venture continues expansion in WA rare earths hunt |
Venture Minerals has continued its recent splurge on rare earths by signing a joint venture agreement designed to deliver the diversified metals explorer a majority stake in WA project, Iron Duke. |
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Mount Ridley sets new benchmark with rare earths hits |
Results from resource evaluation drilling at Mount Ridley Mines’ namesake project has set a new company record at its Mia prospect near Esperance, with the explorer unveiling 6m at 9523ppm TREO. |
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Future banks $8 million from sale of stake in nickel projec |
ASX-listed Future Battery Minerals will bank a cool $8 million after its 80 per cent-owned subsidiary entered into an agreement for the sale of a trio of tenements within the Nepean nickel project. |
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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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Thick SA manganese zones keep coming for ChemX |
The final assay results from ChemX Materials’ 2023 drilling campaign at its Jamieson Tank manganese deposit on SA’s Eyre Peninsula have landed, including a 16m hit going 17.9 per cent manganese from 17m. |
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Bluebird mine delivers record month for Westgold |
Westgold Resources has achieved record production figures from its Bluebird underground mine throughout April to deliver 48,000 tonnes at 3.7 grams per tonne gold for a total of 5800 gold ounces for the month. |
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Everest adds new impetus to lithium chase at Mt Edon |
Everest Metals has kick-started its latest 40-hole, 1000m drilling campaign at its Mt Edon LCT project, 5km from Paynes Find in WA’s Mid West region, as it chases recently observed underground pegmatites. |
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Dynamic pulls rods after 102-hole Goldfields nickel hunt |
Dynamic Metals has pulled the rods on its maiden 6300m air-core program across a swathe of fertile ultramafic belts at its Lake Percy project in the hunt for new targets in a nickel and lithium-rich corridor. |
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Askari locks in $2.5 million from global supply giant |
Askari Metals has sealed a $2.5 million strategic equity investment by global battery materials supplier Huayou, with the funds to be used to turbocharge lithium exploration at its Uis project in Namibia. |
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Altech fast-tracks “salt” battery prototype production |
Altech Batteries has fast-tracked the final prototype of its battery pack that uses ordinary table variety salt instead of expensive and scarce minerals. |
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American West eyes drill success at Canadian copper project |
American West Metals has been buoyed by visual analysis of its five latest RC drill holes sunk at the company’s Storm copper project in Canada that show thick copper-sulphide intercepts. |
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Brightstar sets sights on extending Laverton gold deposit |
Brightstar Resources has extended its Cork Tree Well gold deposit with a high drilling result of 10m at 4.54 grams per tonne gold from 192m. An updated resource estimate will inform mining feasibility studies. |
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Quantum JV gains key rights to grid energy storage battery
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Quantum Graphite’s half-owned JV company has gained original equipment manufacture rights to The Sunlands Co.’s thermal energy storage battery cell being aimed at the grid-connected energy storage market. |
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Rare earths processing JV in the pipeline for Arafura
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Arafura Rare Earths is poised to cosy up with FYI Resources – which is making a bid for critical minerals processor Minhub Operations – to investigate the development of a processing facility in the NT. |
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Iron ore drilling reveals nickel sulphides for Macarthur
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Macarthur Minerals has identified the potential for a significant komatiite-hosted nickel sulphide mineralised system at its wholly-owned Lake Giles iron ore project, 150km north-west of Kalgoorlie. |
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Infinity Mining flies “closer to base metal discovery” |
Infinity Mining is narrowing in on a host of precious and base metal targets at three of its key projects in WA’s Pilbara region following analysis of four recent electromagnetic surveys at the sites. |
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World-beating heavy mineral hits for Mineral Commodities |
Mineral Commodities has turned up what appear to be world-beating valuable heavy mineral drill intercepts to 36 per cent at its De Punt project in South Africa. It is now eager to develop its promising deposit. |
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