Perth, Western Australia - Thursday November 18, 2021 |
8 Au set for ASX listing with treasure-trove of WA projects
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An intriguing listing is set to hit the ASX in December with the company, 8 Au Limited, offering a handful of impressively diverse Western Australia tenements prospective for gold, nickel, lithium and platinum group elements. All of the company’s projects are located in tier one jurisdictions and all have returned either significant drill intersections or anomalous sampling results that would seem to demand follow up work. |
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Singular Health breaks into booming mineral exploration market
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Singular Health has used its unique medical 3D virtual reality imaging software to break into the booming mineral exploration industry. Singular says its newly minted mining software allows a user to model a mining cross-section lode in 3D and view it using VR goggles. A joint venture has been formed with mining services company FlowCentric to hold and pursue commercial opportunities for the now patented GeoVR technology. |
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Todd River probes WA nickel-PGE target
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Todd River Resources looks on track to extend its growing list of nickel, copper and platinum group element targets in Western Australia’s South West mineral field with the company kick-starting an 8,000 metre aircore and RC drilling program along the eastern trend of gabbroic and ultramafic intrusions in the Berkshire Valley. |
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Mineral Commodities boosts graphite resource quality
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A re-evaluation of the mineral resource at Mineral Commodities Traelen graphite project in Norway has almost doubled the likely size of the measured and indicated portion of the resource, indicating a life of at least 13 years for the mine that rates as the world’s highest-grade graphite operations. Graphite is a critical component in electric vehicle battery manufacture and largely makes up the anode in a lithium battery. |
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Torque fires up rig to follow up high grade gold hits
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Torque Metals has locked down two RC drill rigs and is back in the field to chase down previous exciting gold hits at its Paris project near Kambalda. Follow up drilling will target some cracking grades previously intersected at Paris including a 9m hit grading 11.52 grams per tonne gold and an intersection adjacent to Paris that gave up 24m going 10.7g/t gold including 6m at 34 g/t gold. |
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Kingwest grows Goongarrie gold discovery with 29m hit
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ASX-listed explorer, Kingwest Resources has struck more gold some 800m along strike from its recent Sir Laurence gold discovery, located at its Goongarrie gold project north of Kalgoorlie. The company believes the new results, including a broad 29m hit going 1.9 g/t gold from 20m, show potential for a large mineralised system at the prospect. Other new hits include 8m at 2.2 g/t gold. |
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Kairos onto hints of Pilbara gold and lithium
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Wide-spaced aircore drilling by mineral explorer, Kairos Minerals has intercepted anomalous gold and lithium at its Kangan project in the Pilbara region of WA, just 20km south of De Grey Mining’s spectacular 6.8 million ounce Hemi gold discovery. A 3,000m infill aircore drill campaign is now planned for later this month to follow up the encouraging results. |
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Tietto locks down US$140M to fund African gold play
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After sifting through a bundle of project funding proposals West African gold developer Tietto Minerals has consummated a deal with Taurus Mining Finance Fund to acquire up to US$140 million of debt funding necessary to build its 3.35-million-ounce Abujar gold project in Côte d'Ivoire. The company says the deal provides certainty to its shareholders and comes within six weeks of its Abujar definitive feasibility study hitting the streets. |
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Kopore adds veteran mining executive to board
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Kopore Metals has appointed James Eggins as its new Non-Executive Chairman. Eggins is the former Chair of the Uranium Information Centre and a former board member of the World Nuclear Association. He previously spent 15 years at WMC holding management positions at Olympic Dam and was also part of the management team and uranium heavyweight Paladin Resources. |
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Askari plunges into WA lithium hunt
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Following a strategic review of existing pegmatite fields in Western Australia, ASX-listed junior explorer, Askari Metals has swooped on two compelling exploration projects, Red Peak and Mt Deverell, both prospective for lithium-hosted pegmatites to the north of Meekatharra. No less than 11 significant pegmatite fields have already been mapped at Red Peak, with strike lengths of some stretching for more than three kilometres. |
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Riedel racks up high-grade US gold and silver rock chips |
Riedel Resources has added to its burgeoning suite of high-grade gold and silver surface samples at its Kingman project in northwest Arizona with grades up to a stunning 169 grams per tonne gold and 377g/t silver. Surface samples also gave up some impressive lead and zinc values including assay results of up to 7.1 per cent lead and 6.5 per cent zinc. |
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Wiluna delivers bumper WA gold mineral resource update
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Wiluna Mining Corporation has posted an impressive 28 per cent increase in its measured and indicated resource to now stand at a healthy 2.73 million ounces grading 4.46 grams per tonne gold at its namesake WA gold operation. The company’s total mineral resource at the project now clocks in at 36 million tonnes grading 3.9g/t gold for 4.51 million ounces of the previous yellow metal. |
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Zuleika picks up new ground at gold rich Menzies
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Zuleika Gold has consummated a mineral rights acquisition deal with Wingstar Investments that will allow the junior explorer to gain the gold rights of two highly prospective mining leases in the revered Menzies district of Western Australia. The company says the piece of business is consistent with its objective of consolidating its landholding at Menzies. |
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Auroch on the hunt for WA nickel sulphides
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WA-focused exploration company, Auroch Minerals has launched an induced polarisation geophysical survey targeting ultramafic nickel sulphides at the northern part of its Nepean nickel project. It says the surveying method led to discovery of the historical Nepean nickel sulphide mine, also located at its tenure, in the late 1960s where more than a million tonnes of ore grading close to three per cent nickel was produced in the past. |
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Kula seeks to unlock gold secrets at Marvel Loch
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Kula Gold continues to plumb the depths of the Crayfish gold target at its 100 per cent owned Marvel Loch project in the prolific Southern Cross goldfields in Western Australia. Diamond drilling has just commenced at the newly discovered prospect, extending recently drilled RC holes aimed at unravelling the geological secrets of gold-bearing rocks and structures. |
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Calima achieves first oil flow in new Canadian wells
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Calima Energy's three new wells are flowing at the Thorsby oil field in Alberta Canada. First oil from Leo 3 arrived only one week after production commenced and it is currently producing 250boe/d of oil and gas. All three third-generation Leo wells at Thorsby have been connected to the wholly owned 16-5 oil battery production facilities located on the same pad as the three wells. |
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Torian strikes more high-grade gold at WA discovery
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Junior explorer, Torian Resources has unearthed more high-grade gold from a regional drilling push at its Mt Stirling gold project near Leonora in Western Australia. New intercepts from only two holes drilled at the recently discovered Unexpected prospect include a 4m strike going 4.86 grams per tonne gold from 52m and a 1m hit grading 7.41 g/t gold from 64m. |
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