Perth, Western Australia - Friday November 12, 2021 |
Triangle sets stage for green fuel refinery in WA
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Triangle Energy is set to get the ball rolling on a front end engineering design study on a proposed 5,000 barrel per day modular feed renewable fuel refinery in the mid-west of WA. The refinery is slated to use crude, condensate and bio-crude feedstocks to produce renewable diesel and renewable marine fuel blends. |
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Newfield punters in the money after $25m cap raise
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Newfield Resources has locked in just shy of $25 million from 71 million shares issued as part of a rights issue at $0.35 to advance its Tongo diamond project in Sierra Leone. The company’s share price traded as high as $0.47 during intraday trading today and it will look to place the shortfall at the original price of $0.35 with a view to banking another $25 million. |
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Brightstar shines with high-grade WA gold and nickel hits
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ASX-listed Brightstar Resources continues to deliver stellar results with significant shallow gold intercepts in addition to unexpected nickel hits at its flagship Cork Tree Well prospect near Laverton in WA. The latest strikes include 12m going 4.25 g/t gold from 131m downhole and unexpected nickel sulphide hits including a 1m interval going 1.6 per cent nickel from 41m and 1.99 per cent nickel from 61m. |
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Technology Metals superboosts WA vanadium resource |
Technology Metals Australia has delivered an impressive 32 per cent increase to its Yarrabubba vanadium pentoxide resource at its Murchison Technology Metals Project in WA, including a cracking 110 per cent lift in the indicated resource component. The company’s resource base at the project now clocks in at a whopping 146.2 million tonnes grading 0.8 per cent vanadium pentoxide. |
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ADX Austrian resource estimates backed by RISC
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ADX Energy looks to have taken another key step in its upper Austrian exploration program after an independent review by oil and gas advisory firm, RISC lent its support to the company’s prospective resource and risk assessment of its Anshof and OHO prospects. ADX says both prospects have approved drilling locations, promote rapid development opportunities and are considered highly prospective. |
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Castle snares WA lithium ground
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Junior explorer, Castle Minerals has put its foot on 242 square kilometres of ground prospective for lithium-bearing pegmatites in the Eastern Goldfields of WA. The tenure is located within an area known as the “Western Australian lithium corridor” that hosts the operating Mt Marion lithium mine and the 26.5 million tonne Bald Hill resource grading 1.0 per cent lithium oxide only 25 kilometres away. |
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Aldoro homing in on WA lithium pegmatite targets
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Aldoro Resources has planned a rock chip sampling program targeting high-interest lithium and rubidium pegmatites, following up some exciting previous rock chip samples at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. Previously reported grades included a rock chip grading a respectable 2.6 per cent lithium and 1.7 per cent rubidium. |
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Comet advances downstream graphite processing
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Comet Resources looks on track to carve itself a slice of the lucrative downstream graphite pie after inductively coupled plasma or “ICP” assay testing of its natural flake graphite from its Springdale deposit in WA coughed up element values that exceed those typically required for use in battery anode material. |
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Novo looks to commercialise Pilbara mechanical ore sorting
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Novo Resources looks set to commence phase two mechanical sorting trials on its Pilbara gold deposits. The company says its ore sorter will be installed adjacent to the Golden Eagle processing facility in Nullagine and it expects trials to commence early next month. Following testing, Novo will relocate the unit and has plans to commercialise some of its lower grade Pilbara conglomerate gold deposits courtesy of the ore sorter. |
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Tambourah swells nickel-copper-PGE tenure in WA
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Tambourah Metals has swooped on additional land near Chalice Mining’s spectacular Julimar nickel-copper-PGE discovery in WA to become the second largest landholder in the Julimar region with a sizeable 1,127 square kilometres. The company has picked up two new exploration licences that it says are prospective for nickel, copper and platinum group elements in the region. |
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Taruga launches 2,000m SA drilling blitz
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Taruga Minerals has recently launched a 2,000m RC drilling blitz across its Mt Craig project in South Australia targeting several prospects that have displayed anomalous polymetallic mineralisation. Strong copper, rare earths, lithium, cobalt and zinc anomalism were all noted within highly reactive dolomites that the company says show a similar geological setting to the Burra Monster copper mine nearby that produced 75,000 tonnes of copper. |
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Venture revives EM survey on “Julimar lookalike” in WA
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Venture Minerals could be gearing up for a cracking end of year aftermarket darling and JV partner Chalice Mining revived a previously paused EM survey on its “Julimar lookalike” target at the duo’s South West nickel-copper-PGE project about 240 kilometres south of Perth. The survey will focus on Venture’s Thor target, a 20km long magnetic anomaly that has drawn comparisons with Chalice’s revered Julimar discovery. |
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West Cobar firms up NSW copper model
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West Cobar Metals says maiden drilling at its Bulla Park copper and silver project on the western edges of the mineral-rich Cobar Basin in NSW has confirmed its geological model for stratabound copper mineralisation at its namesake prospect. The company says all four holes drilled so far have intercepted zones of disseminated copper mineralisation, with the rig now set to test other compelling targets at its tenure. |
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