EDITION #268
Perth, Western Australia - Thursday May 18, 2023 |
Big vanadium resource upgrade for Critical Minerals
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Critical Minerals Group has delivered a 73 per cent tonnage and 10 per cent grade increase for its Lindfield vanadium project. Resources have grown to 363 million tonnes at 0.43 per cent vanadium pentoxide.
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Paddy’s Lode looms as gold game-changer for Venus, Rox
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Venus Metals has revealed what it believes could be “game-changing” high-grade drill results in its JV with Rox Resources after uncovering the faulted extension of the 4-million-ounce Youanmi gold deposit. |
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Auric goes from explorer to gold miner in just 27 months |
Auric Mining has officially begun production at its Jeffreys Find project after receiving the green light from the Department of Mining, Industry Regulation and Safety. Its first gold pour is expected in July. |
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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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Daheim prospect delivers solid copper results for Noronex |
ASX-listed Noronex has been buoyed by the initial results of its diamond drilling campaign at the company’s Witvlei project in Namibia, with a 14m hit going 1.1 per cent copper from 109m at its Daheim prospect. |
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Lithium Energy jumps on back of giant US$10.6b merger
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A stakes-raising US$10.6 billion merger this week has boosted the prospects of Perth-based Lithium Energy, which has continued a run of massive lithium brine intersections at its Solaroz project in Argentina. |
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Strickland back in zinc after cyclone setback |
Strickland Metals says maiden diamond drilling at its Iroquois project in outback WA has produced “fantastic” zinc results, providing a timely boost after being unable to access its site due to bad weather. |
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Middle Island grows Barkly project with tenement purchase
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Middle Island Resources has increased its tenement holdings in the Northern Territory after entering into a binding agreement with ASX-listed Strategic Energy Resources to purchase its East Tennant project.
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Multiple lithium hits for Future Battery Minerals |
Future Battery Minerals has hit multiple near-surface spodumene-bearing pegmatites with widths of up to 23.8m as part of its latest diamond drilling campaign at its Kangaroo Hills project in WA’s Goldfields. |
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Castle drilling to set graphite production studies in motion
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Castle Minerals has launched an RC resource upgrade drilling campaign at its Kambale graphite deposit in Ghana prior to process testing and a scoping study for the production of battery anode material. |
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Two wells drilled, one more to go for TMK in Mongolia
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Perth-based TMK Energy continues to put runs on the board at its Gurvantes XXXV coal seam gas project in Mongolia, striking “gassy coal” at the second pilot production well of its three-well drilling program. |
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Classic nears final gold production hurdle at Kat Gap
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Classic Minerals has pencilled in later this month to commission a new processing facility at its Kat Gap gold mine in WA’s Goldfields. Successful commissioning will clear the company to begin gold production. |
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Riverina search window opens further for Ora Banda |
Ora Banda Mining continues to deliver impressive results from phase-one drilling at its Riverina underground deposit near Kalgoorlie, with assays showing a 0.4m intercept at a massive 243g/t gold from 151.6m. |
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Askari continues “aggressive” lithium hunt in Namibia |
Askari Metals has continued its “aggressive” lithium hunt in Namibia, with its drills revealing new lithium-bearing pegmatites with widths of up to 112 metres. Further targets are being sought through mapping. |
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International Graphite nabs strategic site in Collie |
International Graphite has made a key strategic move in bedding down a site for its proposed battery anode material plant near the WA town of Collie. It is negotiating a 40-year lease on the private land. |
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