EDITION #283
Perth, Western Australia - Thursday July 06, 2023 |
Ardea tables biblical-scale numbers in nickel PFS |
Massive investments demand massive returns and by any measure, Ardea Resources’ Goongarrie Hub nickel-cobalt play near Menzies in WA ticks both boxes, with it set to return $800m a year for the first 40 years. |
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Westgold hits production guidance to close financial year |
Westgold Resources has finished the financial year with a flourish by reaching the upper echelon of its production guidance for the past 12 months to produce a total of 257,116 ounces of gold. |
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Edge-of-seat ride for Lindian after 1000m rare earths hole shows big promise |
Lindian Resources’ punt that its rare earths deposit in Malawi could extend well below the existing 300m might just pay off after a second 1000m hole showed signs of potential mineralisation all the way down. |
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Dynamic drilling helps define nickel prospect geology |
Dynamic Metals says it has expanded the geological model of its Dordie Far West nickel prospect at its Widgiemooltha play near Kambalda after assessing results of two drill holes about 250m south of the target. |
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Riedel pins back ears for strong start at Tintic |
Riedel Resources is on track to deliver a maiden resource for its Tintic prospect at the company’s Kingman project in Arizona by the end of the year, with 26 reverse-circulation (RC) holes already completed. |
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Nickel deposit now nearly “twice as thick”, says Toro |
Toro Energy says high-confidence laboratory results confirming massive nickel-sulphides at its Dimma discovery in WA’s Goldfields are double the thickness previously modelled on x-ray fluorescence scoping data. |
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Thick pegmatites underline St George lithium potential |
Thick pegmatites, including one stretching more than 120m, have boosted St George Mining’s lithium search at the Manta prospect at its Mt Alexander project in WA, as it attempts to define a lithium system. |
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High-grade copper rains down at Storm for American West |
American West Metals’ Storm project in Canada has continued to deliver high-grade, near surface copper intervals at its 4100N zone. Its latest assays results include 15.3m at 1.6 per cent copper from 59m. |
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Xanadu hits new shallow copper-gold deposits |
Shallow exploration drilling at Xanadu Mines’ copper-gold project in Mongolia has uncovered the potential for new discoveries outside its existing mineral resource, including undiscovered porphyry deposits. |
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Valor finalises Peruvian sale to fund uranium hunt |
Valor Resources has entered into a binding agreement with Firetail Resources to offload an 80 per cent interest in its Peruvian copper assets. The raised funds will accelerate its Canadian uranium hunt. |
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Solid gold, copper hits keep coming for Antilles |
Antilles Gold has returned solid gold and copper results from ongoing drilling at its El Pilar oxide deposit in central Cuba, as the company aims to define a mineral resource for its proposed Nueva Sabana mine. |
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Askari land grab beefs up Namibian lithium footprint |
Askari Metals has increased the size of its Uis project in Namibia by 68.2 square kilometres by securing full ownership of a new tenement in an area known for lithium, tantalum, tin and rubidium mineralisation. |
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Future Battery Minerals hops into Kangaroo Hills targets
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Future Battery Minerals has kicked off a third-phase RC drilling program at its Kangaroo Hills project in WA’s Goldfields, with a focus on infilling its Big Red prospect, in addition to testing other targets. |
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Southern Hemisphere reveals strategic Chilean spin-out |
Southern Hemisphere Mining has unveiled plans to spin-out its 100 per cent- owned Los Pumas battery metals manganese project in Chile into a new listing so it can focus on its flagship Llahuin copper project. |
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Classic fires up machinery as gold production looms |
Classic Minerals has officially begun wet commissioning of the processing plant at its Kat Gap gold project in Western Australia’s Wheatbelt region, with first ore expected to be produced this month. |
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Dynamic looks to add lithium to Widgiemooltha project |
Dynamic Metals has kicked off a soil-sampling program at its recently-granted Pioneer Dome target to probe its ground that is considered highly=prospective for lithium-caesium-tantalum pegmatites. |
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