EDITION #330
Perth, Western Australia - Sunday December 10, 2023 |
Colossus hits continue for Viridis as Brazil project grows |
Viridis Mining & Minerals has recorded impressive assays from auger and diamond drilling at its Colossus rare earths project in Brazil, proving widespread ionic adsorption clay mineralisation at the operation. |
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Latin stamps global presence with Brazilian lithium deposit |
Latin Resources has taken a significant step into the global realm of lithium exploration by pumping up the resource at its Salinas project in Brazil up to 70.3 million tonnes going 1.27 per cent lithium oxide. |
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St George delivers head-turning rare earths drill hits |
St George Mining has delivered what it says are “groundbreaking” clay-hosted rare earths grading up to a huge 5125ppm TREO in the company’s first drilling foray into its Destiny project in WA’s Goldfields. |
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Xanadu adds 200 million tonnes to Kharmagtai resource |
Xanadu Mines has tabled a staggering resource estimate upgrade for its Kharmagtai copper-gold project in Mongolia of 1.3 billion tonnes with 3.4 million tonnes of contained copper and 8.5 million gold ounces. |
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El Fuego deal cuts Hot Chili 2024 option by $10m |
ASX-listed Hot Chili has reduced its 2024 option payments by US$10 million after renegotiating a previous agreement for its El Fuego landholdings adjacent to its Costa Fuego copper-gold project in Chile. |
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Alto defines 6km gold-arsenic anomaly at Sandstone |
Alto Metals has defined a 6km gold-arsenic anomaly at its Sandstone gold project above old workings that previously threw up drill results including 15m at 9.1g/t gold from 82m, including 3m going 32.1g/t gold. |
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GreenTech nails new lithium hits in Pilbara pegmatite |
GreenTech Metals’ rock-chip sampling has nailed new lithium hits along a 2.5km-long pegmatite zone at its Kobe trend in WA’s Pilbara region, with best results ranging from 1.01 to 2.31 per cent lithium oxide. |
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Galan on track for Argentine lithium brine production |
Galan Lithium is on schedule for initial production at its Hombre Muerto West lithium project in Argentina by the first half of 2025, with construction of its first evaporation pond now 65 per cent complete. |
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ADX hits 22m of reservoir as Anshof-2 nears completion |
ADX Energy’s ongoing drilling of its Anshof-2 appraisal well in Upper Austria has encountered Eocene reservoir with a vertical gross thickness of at least 22m – and there is still about 85m of drilling to go. |
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Dynamic drilling to hone nickel targets at Lake Percy |
Dynamic Metals will further refine the geological modelling of its Lake Percy nickel project near Norseman in Western Australia using results from a completed five-hole, phase-two reverse-circulation campaign. |
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KalGold hits shallow gold in Providence drilling |
Recent RC drilling at Kalgoorlie Gold Mining’s Providence prospect has turned up promising gold grades from just 20m depth, with broad runs of lower, but supportive grades prompting thoughts of open-pit mining. |
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Arizona gold, silver resource confirmed for Riedel |
Riedel Resources has nailed down a maiden inferred resource for its Tintic deposit in Arizona, revealing a total of 494,000 tonnes at 4g/t gold for 64,000 ounces and 43.4g/t silver for 689,000 ounces. |
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Western Mines adds new chapter to Mulga Tank nickel tale |
Western Mines continues to build its nickel story at its Mulga Tank project near Kalgoorlie after revealing long intercepts of shallow disseminated and semi-massive nickel mineralisation in three new RC holes. |
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TMK ramps up Mongolian gas pilot production |
Increasing gas flow rates from TMK Energy’s Gurvantes XXXV pilot wells in Mongolia, peaking at 13,000 standard cubic feet per day last month, take the project one step closer to commercial performance. |
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Vulcan lithium project gets green tick for green credentials |
Vulcan Energy Resources’ Zero Carbon Lithium project in Germany’s Upper Rhine Valley has been given a green tick of approval in an independent assessment of its phase-one environmental and social impact. |
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Critical Minerals homes in on Lindfield vanadium |
Critical Minerals Group has become more laser-focused in on its 100 per cent-owned Lindfield vanadium project in north-west Queensland after agreeing to shed 75 per cent of its share in two non-core assets. |
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Drillbit spinning as Future Battery lithium resource looms |
A maiden mineral resource estimate is emerging on Future Battery Minerals’ horizon for its Lone Mountain project in Nevada as the company sets sail on a new reverse-circulation drilling campaign. |
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