Perth, Western Australia - Friday November 5, 2021 |
Galan moves closer to commercialising Argentinian lithium project
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Galan Lithium is moving ever closer to commercialisation and becoming Argentina’s next lithium producer. The company reported it has now received critical government permits that allow it to commence building Stage 1 of its pilot plant and new camp accommodation at its flagship Hombre Muerto West lithium brine project in South America’s prolific ‘Lithium Triangle’. |
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Alto racks up multiple WA gold hits near Lords Corridor
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Alto Metals has unearthed a slew of wide, high-grade gold hits at its 100 per cent owned Vanguard Camp approximately 8 kilometres west of the company’s proliferous Lords Corridor in WA. Stellar results include an 11 metre intercept grading a serious 15.3 grams per tonne gold from 40m and a 30m hit going 3.0 g/t gold from 87m. |
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Riedel on track with high grade Arizona gold hunt
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Riedel’s Arizona drill program remains on track at its Kingman gold project in the US. Drilling is focussing on the Tintic historical mining area where high-grade gold and silver was intercepted near surface earlier in the year. The RC drill program commenced in September 2021 and contractors have completed 48 holes for 4,168 metres to date with first assay results later expected this month. |
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Wiluna dishes out more high-grade WA gold
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Wiluna Mining Corporation’s massive development program at its namesake WA gold operation looks set to continue bringing home the bacon with drilling over the Happy Jack and East Lode areas delivering a symphony of high-grade gold intersections. Notable results included 3.72 metres grading 5.31 grams per tonne gold at the former and 7.75m going 13.27 g/t gold at the latter. |
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Comet Resources hits high grade Mexican gold
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Comet Resources could be about to dust off the maracas after assays from an eight-hole, 2,250 metre drilling program completed at its Santa Teresa Gold project in Mexico delivered a suite of high-grade gold hits, some of which included “bonanza” grades. Some of the better intersections included 1.2m grading 63.2 grams per tonne gold from 124.8m. |
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Quantum racks up significant SA graphite intercepts
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Quantum Graphite has racked up a slew of solid graphite hits at its Uley 2 and Uley 3 prospects in South Australia. Noteworthy grades include 7.9 metres grading 10.8 per cent total graphitic content from 36.9m, a 14.2m intercept going 8.0 per cent total graphitic content from 62.8m downhole and 17.9m grading 6.6 per cent total graphitic content from 34.7m. |
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Zuleika returns to Kalgoorlie gold hunt
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Zuleika Gold has revived its 2021 drilling program at its flagship Zuleika and Credo projects near Kalgoorlie in Western Australia, targeting a series of priority prospects with over 8,000 metres of aircore and RC drilling. The company says the campaign is aimed at following up strong scores from previous drilling where results included an 11m hit going 1.3 grams per tonne gold from 40m. |
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Taruga spies widespread mineralisation in SA
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Taruga Minerals has recently completed a successful drill campaign on multiple fronts with both RC and diamond drilling at its Mt Craig Copper project in South Australia glimpsing widespread mineralisation across a plethora of prospects. Diamond drill core from three completed drill holes at the Wyacca prospect is currently being processed with all three holes intercepting visible copper oxide mineralisation. |
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Arrow launches major Burkina Faso gold campaign
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Gold explorer, Arrow Minerals has launched a multi-month exploration campaign at its Vranso gold project in Burkina Faso after unveiling an assortment of drill-ready and early-stage gold prospects at its tenure. Four priority targets are set to be drill-tested to follow up on previous gold hits including 3 metres at a cracking 15.1 grams per tonne gold at the company’s Dassa discovery. |
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Horizon knocks WA gold resource estimate up a notch
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Horizon Minerals has increased the mineral resource estimate at its recently acquired and well-advanced Cannon gold project, located a short trucking distance from the company’s flagship Boorara gold project on the south east fringes of Kalgoorlie. The mineral resource review was conducted independently and upgraded the current estimate by over 8,000 ounces gold to 32,070 ounces grading an impressive 4.29 grams per tonne gold. |
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King River delivers new lithium-ion battery product
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ASX-listed, King River Resources has upped the ante in its push to produce high value aluminium precursor compounds used in lithium-ion batteries. Laboratory test work on the company’s already developed 5N purity Type 1 precursor has now added to King River’s repertoire of products with development of a Type 2 precursor - an aluminium compound for use in lithium-ion battery cathodes. |
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New copper-silver samples up the ante for Valor in Peru
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Mineral explorer Valor Resources continues to deliver the goods at its Picha copper and silver project in southern Peru. Recent channel sampling by the company at two separate areas has returned a 40.5 metre long surface channel grading 0.49 per cent copper at its Cumbre Coya prospect, with a 17.6m channel going 1.95 per cent copper also unearthed at the Maricate prospect some 500m away. |
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Lefroy lifts veil on two gold anomalies in WA
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Lefroy Exploration could have an additional suite of broad gold anomalies on its books after receiving encouraging assay results from its maiden 136-hole, 4056 metre geochemical based aircore drilling program at its Coogee South prospect east of Kalgoorlie in WA. Some of the better results include 4m grading 1.48 grams per tonne gold from 36m and 3m going 0.99 g/t gold from 24m. |
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Kairos unveils compelling Pilbara lithium targets
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Soil sampling by WA explorer Kairos Minerals has outlined two high-priority lithium targets at the company’s Wodgina project in the Pilbara. One target stretches for a lengthy 1.7km and is supported by a nearby historical sample that returned 1.6 per cent lithium oxide. The project lies less than 3km from the “world class” Wodgina lithium deposit. |
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Element 25 cuts costs with new manganese shipping strategy
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Manganese producer, Element 25 says a new shipping strategy will deliver a freight tariff reduction of 45 per cent from peak tariff rates for an upcoming shipment of manganese concentrate sourced from its Butcherbird mine in the Pilbara region of Western Australia. The company will now transport its manganese concentrate in a larger capacity Supramax vessel to lower the shipping costs. |
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Deep Yellow boosts Namibian uranium resources
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Deep Yellow has boosted its uranium resource at the Omahola basement project in Namibia by a staggering 280 per cent to 125.3 million pounds at 190 ppm uranium. The resource upgrade reflects changing economics following the surge in the uranium price buoyed by the push towards nuclear energy and depleting global stocks. Exploration drilling has commenced and is aimed at further unlocking the basement secrets at Omahola. |
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ADX doubles hydrocarbon reserves in Austria
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ADX Energy has re-energised its Austrian oil and gas venture by more than doubling its oil reserves. With a net present value for its 1P reserves worth A$8.7m and 2P reserves worth $24.4m, ADX already has a solid base to work with. The upgrade comes on the back of ADX’ recently announced ambitions to also produce green hydrogen in Austria. |
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