Perth, Western Australia - Tuesday July 20, 2021 |
Element 25 ships maiden cargo of Pilbara manganese concentrate |
Element 25’s maiden shipment of manganese concentrate from its Butcherbird operation in WA has left Port Hedland, marking a stunning development pathway to production time frame of a little over a year from an initial PFS to exporting first commercial ore. The company’s first load of about 27,000 tonnes of manganese concentrate aboard a Handymax-size vessel departed Utah Point bulk handling facility yesterday. |
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First WA gold assays in sight for Torque with drilling on track |
ASX newcomer Torque Metals is punching out the metres as it drill tests its Paris brownfields gold project in the prolific Boulder-Lefroy Fault gold province in Western Australia. The first phase of drilling is nearing completion with assay results expected in a few weeks. Torque says it has lined up a bevy of drill ready targets that could add to the project’s resource base. |
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Askari Metals appoints contractor for maiden gold drill program in WA |
New ASX listing Askari Metals has secured a drilling contractor to undertake a maiden reverse circulation drilling program at its Burracoppin gold project in Western Australia. Planned drilling is designed to test several high-grade historical results and artisanal workings. The company is cashed up after recently raising close to $6 million as part of its initial public offering. |
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Extension drilling coming up trumps for Kaiser Reef in Victoria |
Impressive high-grade intercepts at Kaiser Reef’s A1 gold mine west of Melbourne, Victoria, have increased the ASX gold miner’s confidence in near-term development planning with mineralised host rock proven to extend at least 140m below the deepest current workings. Further results from drilling completed at the bulk tonnage Queens Lode are awaited. The Queens Lode is open at depth and Kaiser says it warrants further extensional drilling. |
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Venus tables potential mining cost savings at Murchison project |
Venus Metals and joint venture partner Rox Resources appear to have confirmed significant open-pit mining cost savings for the proposed shallow, high-grade Grace gold deposit near Mount Magnet in Western Australia’s Murchison district. Grace forms a part of the duo’s 1.66-million-ounce Youanmi gold resources that the partners are looking to bring into production. |
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Survey serves up new targets for Si6’s Botswana nickel hunt |
Geophysical surveying that accurately mapped known sulphide mineralisation at Si6 Metals’ Maibele North project in eastern Botswana has also defined several new nickel-copper sulphide targets along strike from, and below, the project’s 2.38 million tonne resource grading 0.72 per cent nickel and 0.21 per cent copper. Si6 is considering a drill campaign to test the new targets. |
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Kalgoorlie satellite resource puts Horizon on course for 2022 mining start |
ASX-listed Horizon Minerals has tabled an updated mineral resource for the joint-ventured Penny’s Find gold project in Western Australia’s Eastern Goldfields as it eyes a start to toll ore processing from the high-grade gold asset in the March quarter next year. The satellite underground deposit hosts an indicated and inferred resource of 250,000t at 5.22 g/t for 42,000 ounces of contained gold. |
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AVZ expands lithium reserves at major DRC project |
AVZ Minerals has unveiled a 41.6 per cent increase in the proved and probable ore reserves for the centrepiece Roche Dure deposit at its monster Manono hard-rock lithium and tin project in the DRC. Reserves now stand at 131.7Mt at average grades of 1.63 per cent lithium oxide and 990 g/t tin, up from 93Mt at 1.58 per cent lithium oxide and 988 g/t tin. |
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ADX launches into geothermal power generation market |
ADX Energy is set to delve into the geothermal power market via a pilot project at its 100 per cent owned Austrian tenure, in collaboration with German energy company, Siemens Energy, and Austrian drilling outfit, RED Drilling and Services. ADX is looking to expand into commercial-scale geothermal power generation to supplement its existing oil and gas production in the Vienna Basin. |
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Test results build case for 88 Energy Alaska oil target
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ASX-listed Alaska oil and gas explorer 88 Energy says it is on track to present the market with a full appraisal of results from Merlin-1 well testing at its Peregrine project early next month after being “highly encouraged” by latest preliminary hydrocarbon indications. The company is targeting more than one billion barrels of oil resources in the Peregrine field. |
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Galan Lithium expands strategic tenure in Argentina |
ASX-listed Galan Lithium is consolidating its position in South America’s prolific “Lithium Triangle”, executing a binding option agreement with a private Argentinian landholder to earn a 100 percent interest in the Casa Del Inca III lithium brine tenement. The land package strategically abuts Galan’s Hombre Muerto West project. A further 900 hectares is also available under the agreement. |
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Godolphin poised for drilling push in Lachlan Fold Belt |
ASX-listed junior precious and base metals explorer Godolphin Resources is set to kick off a follow-up reverse circulation drilling program at its high-priority Lewis Ponds project in the New South Wales Lachlan Fold Belt region’s Lachlan Transverse Zone next week following encouraging gold sniffs from an initial round of resource definition diamond drilling. |
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Strickland Metals nails down Yandal greenstone belt asset deal |
Strickland Metals has sewn up the acquisition of strategic ground-holdings abutting its flagship Horse Well gold project in WA that increases its footprint in the Yandal greenstone belt in the north-eastern Goldfields. The company completed the deal to purchase a 75 per cent stake in the Yandal East gold project tenements from Renegade Exploration for a consideration of 40 million new Strickland shares and $800,000 cash. |
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Altech launches battery materials R&D centre in Germany |
ASX-listed Altech Chemicals has officially opened an advanced battery materials research and development centre in Germany, where it is seeking to construct a battery materials high purity alumina coating plant. The company is ticking along with a pre-feasibility study into the venture as it looks to fast-track its coating technology to full-scale commercialisation. |
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Victory extends gold-copper trend to 1km at Kalgoorlie project |
ASX-listed explorer Victory Mines has extended the length of the gold-copper mineralised trend at its Coogee project near Kalgoorlie in Western Australia to 1km, with latest drilling results including 8m at 3.03 grams per tonne gold and 0.37 per cent copper from 124m in the “Eastern Trend” area. Assay results from other holes remain pending as the recently commenced drilling program motors on. |
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Australian Potash begins mine camp construction |
Australian Potash has kicked off early capital works at its advancing Lake Wells sulphate of potash project in WA. It says documentation pertaining to its project development debt has also been squared away. The pre-main construction stage at Lake Wells incorporates a planned mine camp including accommodation units and development of one of the bore fields, while an earthmoving fleet is preparing to build the first crystalliser ponds. |
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Comet ready to road test battery-grade graphite from WA project |
ASX-listed Comet Resources expects to have results of testwork to assess the suitability of concentrate produced from its Springdale graphite project in Western Australia to be used in battery anode manufacturing in the current quarter. The company says the testing at a specialised facility in Germany follows initial “excellent” grade and recovery results in preparation of the concentrate sample in Perth. |
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Australian Bauxite successfully converts waste to aluminium flouride |
Australian Bauxite’s 87 per cent owned chemical refining subsidiary, Alcore, appears to have made a significant technical breakthrough with its proprietary mineral production process used to produce commercial-grade aluminium fluoride from metal refining waste known as “dross”. The company believes its process can deliver substantial economic and environmental benefits for Australasian aluminium smelters reliant on imports of the material. |
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