Perth, Western Australia - Thursday November 25, 2021 |
White Cliff snares monster WA lithium and REE tenure
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ASX-listed White Cliff Minerals looks set to bludgeon its way into the white-hot critical metals industry after completing the acquisition of two separate projects whilst advancing the pending acquisition of two junior explorers. As a result, the company may soon find itself with 10 additional lithium and REE projects on its books with its landholding poised to balloon by over 4000 square kilometres. |
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Castle shares surge on WA graphite acquisition
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Shares of ASX-listed explorer, Castle Minerals continued their upward charge on the market, trading more than 30 per cent higher in intraday trading after the company put its foot on 150 square kilometres of tenure prospective for graphite mineralisation. The new ground, near Albany in WA, adds to Castle’s portfolio of battery metal exploration projects that also includes its Wilgee Springs and Woodcutters lithium projects in the state. |
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Sihayo strikes bonanza grade gold in Indonesia
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Indonesian-focused explorer, Sihayo Gold is off to a flyer from regional exploration drilling at its Sihorbo South epithermal vein gold and silver prospect on the island of North Sumatra. Results from the first three holes sunk into the prospect have returned bumper grade gold and silver, including a tasty one metre strike going 198 grams per tonne gold from 89m. |
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Step out drilling nails stellar rare earth grades for ABx
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ABx Group has struck more success with best yet high grade rare earths intercepted in the first drill results from step-out drilling at its Deep Leads prospect in Northern Tasmania. The company has tabled multiple elevated rare earth hits including 493 parts per million neodymium and 1,878ppm total rare earth oxides over a three-metre mineralised section. |
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Aldoro expands world-class WA rubidium-lithium deposit
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ASX-listed Aldoro Resources has the drill rig at the ready having received encouraging assay results from its recent sampling program over the Niobe East, Niobe Southeast and Breakaway pegmatites in WA. Almost 50 rock chips were collected with assay results confirming rubidium and lithium prospectivity beyond the Niobe main pit. Aldoro says it is now geared up and ready to unleash the drill rig once a heritage survey is completed. |
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Askari sets sights on WA lithium targets
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Askari Metals has completed a maiden lithium sampling program across its pegmatite targets at its Red Peak Lithium project approximately 130 kilometres northwest of Meekatharra in WA. 35 samples were collected across four different mapped pegmatites for assay in addition to a petrographic analysis that was undertaken to assist in understanding the zonation and fractionation grade of the pegmatites. |
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Kairos delivers more shallow Pilbara gold hits
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Mineral exploration company, Kairos Minerals has wrapped up a 15,000 metre drilling blitz with a bang at its 873,000 ounce Mt York gold project in the Pilbara region of WA. Latest drilling has unveiled new gold lodes in areas with minimal past drilling that have delivered wide and shallow intercepts including 20m at 1.58 grams per tonne gold from just 28m depth. |
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Latin beefs up Brazilian lithium ground
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Latin Resources has beefed up its Brazilian lithium landholdings, securing two new lithium tenements in the Bananal Valley which will form part of the company’s Salinas lithium project that now covers around 5,338 hectares. The company says it has defined a suite of priority drill targets across its “lithium corridor” with previous sampling delivering rock chips grading 2.71 and 1.45 per cent lithium oxide. |
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Maximus locks onto multiple high priority WA nickel targets
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Maximus Resources has undertaken a large-scale ground-based electromagnetic geophysics survey and has locked onto multiple high priority nickel targets at its 100 per cent owned Central nickel prospect located a short 25 kilometre drive from BHP’s Kambalda Nickel Concentrator in WA. Two of the priority targets identified sit at a shallow depth and are perched along strike from Estrella Resources’ historical Andrews Shaft and 1A nickel mines. |
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Torian launches 17,500m WA gold drilling onslaught
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Junior explorer, Torian Resources has commenced a major 17,500m drilling blitz at its Mt Stirling gold project near Leonora in WA. The campaign will test multiple regional gold targets, including recent discoveries, whilst also looking to lift the company’s existing 100,000 ounce plus Mt Stirling inferred resource to the higher confidence indicated category. An updated mineral resource estimate is anticipated to follow early in the new year. |
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Okapi kicks off Utah uranium exploration play
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ASX-listed Okapi Resources has boots on the ground at its high-grade Rattler uranium project in Utah, USA with the Perth-based company’s first-pass exploration checklist at Rattler to include a detailed review of historical workings, geological mapping and rock chip sampling. Okapi anticipates wrapping up field work by the end of the year ahead of a drill campaign earmarked for early in the new year. |
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Horizon spies strategic opportunity with vanadium spin-out
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Horizon Minerals is clearing a path towards a potential spin-off of its Richmond-Julia Creek Vanadium oxide project 400km east of Mt Isa in northwest Queensland having signed a process deed with JV partner, unlisted-Richmond Vanadium Technology. Under the terms of the potential deal Horizon’s 25 per cent interest in the Richmond-Julia Creek vanadium project will be demerged into a dedicated vanadium focussed IPO. |
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Estrella delivers more high-grade WA nickel sulphides
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Mineral explorer, Estrella Resources continues to hit nickel and copper sulphides at its enthralling T5 discovery located at its Carr Boyd project near Kalgoorlie in WA. A step-out diamond drill hole below the T5 discovery has intercepted three separate zones of nickel and copper sulphides, including a new mineralised zone where a 3m interval grading 1.76 per cent nickel and 0.66 per cent copper was returned. |
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Metal Hawk hits more high-grade gold near Kalgoorlie
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Metal Hawk has mustered up a flock of high-grade gold strikes from its maiden RC drill campaign at its Kanowna East project just 8 kilometres from Northern Star’s 5 million-ounce plus Kanowna Belle gold mine. Amongst the assay results revealed were a 4m section grading a formidable 17.8 grams per tonne gold from 75m including a 1m parcel going a stellar 42.7g/t gold from 76m downhole. |
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ADX nears Austrian drilling after well site construction
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ADX Energy could have a trilogy of wells in its cross-hairs after receiving final environmental approval and commencing site works for the drilling of its Anshof prospect in Upper Austria. ADX says if drilling of the first well at its Anshof-3 site proves successful, it could be looking at the very real prospect of near-term cash flow. |
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Taruga zeroes in on geophysical SA copper targets
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Taruga has identified multiple gravity and magnetic anomalies that highlight dense zones cross cutting the ore bearing shales at the Wyacca copper prospect in the Mt Craig Copper project in SA. The newly identified zones are extensive and remain completely untested by drilling. Planning is underway to drill test the gravity and magnetic anomalies that represent potential ore zones at Wyacca in Q1 2022. |
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88 Energy pinpoints next Alaskan oil target
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88 Energy is gearing up to tap its Merlin-2 well at Project Peregrine in Alaska’s North Slope after pinpointing a spot from a trio of initially permitted locations. The Merlin-2 appraisal well is targeting 652 million barrels of oil with an independent geological evaluation giving it a better-than-even chance of success. The project stretches across almost 200,000 acres of land and is proximal to some bumper historic oil finds. |
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