EDITION #290
Perth, Western Australia - Tuesday August 01, 2023 |
Mineral Commodities appoints Scott Lowe as new CEO |
Mineral Commodities has named Scott Lowe as the company’s new chief executive officer. Mr Lowe has more than 35 years of industry experience and will oversee promising projects in WA and South Africa. |
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Image Resources bumps up bottom line by $12.5 million |
Higher zircon grades and increasing demand for heavy mineral concentrate has had Image Resources ringing its till, with a bottom-line boost of nearly $12.5 million revealed in its quarterly report today. |
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Lindian records mammoth 850m rare earths hit |
Lindian Resources has hailed its Kangankunde rare earths project in Malawi as “one of the greatest in the world” after recording a massive 853.6m hit at 2.73 per cent total rare earth oxides (TREO) from 52m. |
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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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ADX ups Austrian oil production by 8 per cent, adds leads |
ADX Energy has reported an eight per cent increase to its Austrian oil and gas production rate for the past quarter and plans to drill two appraisal wells at its Anshof discovery to further boost production. |
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Lithium Energy hits peak results at Argentine project |
Lithium Energy is eyeing a potential mineral resource upgrade at its Solaroz project in Argentina after recording its highest grades to date, with lithium brine concentrations of up to 594 milligrams per litre. |
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Warriedar slaps high five with new Murchison gold find
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Warriedar Resources has nailed a perfect “five-from-five” run by adding its Mugs Luck prospect to four other gold discoveries this year at its Golden Range and Fields Find projects in WA’s Murchison region.
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Antilles confirms gold upside at El Pilar copper deposit |
Antilles Gold has struck more paydirt at its El Pilar project in Cuba, with assays as high as 12m at 4.8 grams per tonne gold from surface and a lengthy 98m copper-rich zone grading 0.73 per cent from 29m. |
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Surefire vanadium project passes key hydro review |
Surefire Resources has received a positive hydrogeological assessment at its Victory Bore vanadium project, where it is planning an open-pit mine with a proposed 4 million tonnes per annum mine rate. |
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Codrus spins rods to follow up bulging rare earth hits
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Codrus Minerals has kicked off a further 2000m of drilling at its Karloning project in WA’s Wheatbelt to follow up results from its maiden program that indicate an extensive high-grade rare earths discovery. |
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88 Energy adds new reservoirs for Alaskan oil search
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Perth-based 88 Energy has bolstered its 100 per cent-owned Peregrine oil project in Alaska, adding two new reservoir intervals to its Harrier prospect, with 180.1 million barrels of oil as a best estimate. |
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Everest launches fresh lithium drill campaign at Mt Edon |
Everest Metals Corporation has kicked off a second phase of drilling at its Mt Edon project in WA’s Mid West region as it looks to follow up on positive lithium and rubidium results from its previous campaign. |
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Noronex to extend footprint over Kalahari Copper Belt |
Noronex is seeking to extend its Kalahari Copper Belt footprint after lodging two new full permit applications over encouraging copper hits from previous drilling adjacent to its Blowhole prospect. |
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Galan in pole position for Catalina lithium pay |
Galan Lithium has revealed details of a deal which it says has given it exclusive ownership of the vast Catalina tenements at its Hombre Muerto West lithium project within South America’s “Lithium Triangle”. |
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Graphite production plant a step closer for Lithium Energy |
Lithium Energy says testwork on its latest graphite samples have continued to build a compelling case for the construction of a specialised facility to produce precursor battery anode material in Queensland. |
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