PUBLIC COMPANY NEWS, VIEWS & CEO INTERVIEWS |
Perth, Western Australia - Tuesday June 08, 2021 |
Estrella eyes options windfall as T5 sulphide hits continue |
Estrella Resources says it has maintained a 100 per cent strike rate with drilling into a broad zone of sulphide-rich mineralisation at its Carr Boyd T5 nickel-copper discovery north of Kalgoorlie with a new 6.75m-thick massive nickel-copper sulphide zone hit. The intersection occurred at the base of a previously drilled 32.7m nickel-copper-iron mineralised sulphide zone. |
|
|
Bonanza assays inspire PolarX to expand Nevada holdings |
Recently announced bonanza silver and some impressive gold assays from a massive rock chip sampling program has prompted PolarX to expand its tenement holdings in Nevada’s Humboldt Range. The company says it has secured extensions of known mineralised gold-silver veins and newly discovered mineralised breccias in 358.7 hectares of additional ground. |
|
|
Blackstone continues to unravel strike extent at Vietnam multi-metals play |
ASX-listed Blackstone Minerals says results from resource extension drilling at its high-priority King Snake sulphide nickel-copper-PGE target at the Ta Khoa multi-metal project in north Vietnam have continued to enlarge its footprint ahead of down-hole geophysics that will help guide infill drilling. Latest assays include a solid 2.62m at 1.54 per cent nickel, 2.01 per cent copper plus 5.16g/t PGE and cobalt. |
|
|
Lithium Australia to retain exposure to core Charger projects |
Lithium Australia says it will maintain exposure to a triumvirate of quality exploration projects via a joint venture with Charger Metals, which plans to list on the ASX in July on the back of a $6 million IPO set to open this week. The lithium battery player will also emerge as the major shareholder in the new company post-capital raise. |
|
|
Taruga locks onto new copper targets in SA |
Taruga Minerals is off and racing at its Mt Craig copper project in South Australia, with a second round of drilling underway at the Wyacca discovery and high-grade samples from its Morgans Creek prospect generating new targets for drill testing. The company has now locked onto a string of targets along the 34km-long Worumba Anticline. |
|
|
Adriatic secures penultimate Vares development approval |
Aspiring Balkans polymetallic project developer, Adriatic Metals has locked in another of the key regulatory approvals for its significant new Vares silver-zinc-lead project in Bosnia and Herzegovina that puts it on the verge of a mining permit all-clear. The company says it has just been granted an urban planning permit for the cornerstone Rupice underground deposit from the country’s Federal Ministry of Spatial Planning. |
|
|
Novo intensifies gold hunt in the Pilbara and Victoria |
Toronto-listed Novo Resources will step up its gold exploration activities in WA’s Pilbara region and Victoria over the balance of 2021 after recently completing a C$26.4 million equity raising and pouring first gold from its flagship Pilbara project earlier this year. The company has laid out a $12m exploration budget to expand work at Malmsbury in Victoria and on its huge 14,000sq.km Pilbara landholding. |
|
|
Native Mineral Resources adds sought-after WA acreage |
Active junior explorer, Native Mineral Resources has added some exciting greenfields copper, gold and nickel search targets to its WA and Queensland copper-gold portfolio after a successful bid for ground in the WA Nullarbor region. The company is aiming to get on the ground and commence fieldwork as soon as the tenements are granted. |
|
|
Ardea expands WA gold footprint ahead of planned IPO |
ASX-listed Ardea Resources has added more than 1,500 hectares of ground around its Kalgoorlie Nickel Project in WA’s eastern goldfields ahead of the launch of an initial public offering vehicle holding the regional gold assets, to be called Kalgoorlie Gold Mining. Ardea recently started a feasibility study on its huge laterite nickel resources at Kalgoorlie. |
|
|
88 Energy takes full ownership of key Alaska oil project |
88 Energy has moved to 100 per cent ownership of the Peregrine oil project in Alaska, USA, by acquiring the half share of its partner, Alaska Peregrine Development Company. 88 Energy now has a clear run to continue exploration in the oil rich Nanushuk formation where it is targeting more than one billion barrels of oil in gross mean prospective resources. |
|
|
If you would prefer not to receive newsletter emails from The West Australian, you can update your preferences or unsubscribe below. |
|
|
|
|
