ASX News Perth - Novo enters joint venture with lithium giant SQM
EDITION #333
Perth, Western Australia - Wednesday December 20, 2023
Novo enters joint venture with lithium giant SQM
Novo Resources will join forces with SQM Australia after the latter agreed to pay $10 million for a 75 per cent interest in five of the former’s lithium-nickel tenements in the West Pilbara region of WA.
AVZ extends giant Manono lithium resource by 43 per cent
AVZ Minerals has laid claim to having the world’s biggest hard-rock lithium deposit after pumping up the resource at its Manono play in the Democratic Republic of Congo to a whopping 574 million tonnes at 1.63 per cent lithium oxide.
Aruma sets new rare earths benchmark for Saltwater
Aruma Resources has produced its best rare earths grades to date from its Saltwater project near Newman in WA, with rock-chip assays as high as 1777.5ppm total rare earth oxides and soils as high as 1092.5ppm.
Si6 winds up Botswana drilling, nets more nickel-copper
Si6 Metals has added further impetus to its highly-prospective Botswana precious and base metals play, with its latest drill program striking high-grade silver and copper and exciting visual nickel sulphides.
Everest defines rubidium-lithium target at Mt Edon
Everest Metals has determined a JORC-compliant rubidium-lithium exploration target at its Mt Edon project in WA’s South Murchison region, but says more work is required to quantify the geological system.
Strickland decision has Marwari rolling in high-grade gold
A Strickland Metals decision to lock its full focus on its Marwari target at Yandal in WA is paying dividends, with new high-grade gold hits including 24m at 7.4g/t and a second hole yielding 3m at 8.9g/t gold.
Future Battery eyes lithium extension with new survey
Future Battery Minerals has identified three new targets and extended its Big Red prospect to more than a 2.2km strike length using new resistivity data shot at its Kangaroo Hills lithium project in WA.
Lithium Universe study confirms high-purity product
Lithium Universe says a study into its lithium carbonate refinery at its burgeoning Québec processing hub suggests it should produce a final lithium carbonate product grading between 99.5 and 99.9 per cent.
